Iraq has started work on the third and final phase of the Halfaya oil field expansion.
Read More »Saudis Offer 1GW of Renewable Contracts
The oil exporting nation’s goal is to install 3.45 gigawatts of renewable by 2020 and 9.5 gigawatts by 2030.
Read More »OPEC Secretary-General Participates in 3rd GCC Petroleum Media Forum
The project is aimed at developing a comprehensive. multi-dimensional and easy-to-use tool for analysing publicly available oil and gas data.
Read More »India Replaces Japan as No. 2 LPG Importer
Total LPG imports stands 23 per cent more at 11 million tonnes in fiscal 2016-17.
Read More »Schlumberger Revenues Grow
For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.
Read More »Oil Resumes Rally as OPEC Seen Extending Cuts. Dollar Declines
The Bloomberg Dollar Spot Index lost 0.4 percent.
Read More »OPEC Set to Extend Output Deal
Saudi support is essential for the 13-member Organization of the Petroleum Exporting Countries to renew its agreement .
Read More »Barkindo: OPEC. Non-OPEC Committed to Restore Market Stability
OPEC will review policy for the second half of this year at a May 25 meeting.
Read More »Iran and Middle East could Adopt Fully Renewable Electricity Systems by 2030
According to the study. a fully renewable electricity system could be roughly 50-60% cheaper than other emission-free energy options for the MENA region.
Read More »China Looks Away from OPEC for Oil Imports
Imports into China from non-OPEC countries has risen from just 34 percent to 43 percent over the last five year.
Read More »