Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
OPEC+ Considers Oil Production Increase in the Second Half of 2019
Oil prices have rose by more than 30 percent this year.
Read More »EU Concerned by US Decision on Iran Waivers
The lifting of nuclear-related sanctions is an essential part of the JCPOA.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »Three Months Into Construction. Tesla China Plant Takes Shape
Tesla’s plant under construction in Shanghai last week.
Read More »Trump`s Gulf Backups to Iran Aren`t Good Enough for Turkey
Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.
Read More »Saudi Aramco Sells First LNG as Oil Giant Expands Into Gas
Saudi Aramco. the world’s biggest oil exporter. dipped a toe into the natural gas business by selling its first cargo of the fuel.
Read More »Russia Stopped Oil Export to Europe Due to Contamination
Supplies of oil and refined products to the Polish market will be maintained from stockpiles until the situation is resolved.
Read More »Iran Threatens to Close Strait of Hormuz if Waivers End
The Strait of Hormuz is a narrow waterway carrying a fifth of the world’s traded oil.
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