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Schlumberger is to invest nearly $400million in a shale field in South America.
Read More »Schlumberger Invests in South American Shale
Saudi Aramco to Supply Full Crude Contract Volumes to Asia. Offers More Light Oil
Saudi Aramco plans to supply full volumes of crude to least six buyers in Asia in May.
Read More »Rosneft to Prepay $1b for Crude from Iraqi Kurdistan
Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Qatar to Boost Gas Production from Underwater Field
Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.
Read More »OPEC Chief: Iraq has Pledged to Fully Comply with Oil Cut Deal
The focus is now to re balance the market.
Read More »OPEC Deal Pushes Russian Oil Output Down 1.6 Percent from Peak
Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.
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