Exxon’s ``inadequate response to climate change constitutes a serious failure of corporate governance.
Read More »Trump and Xi Killed the Oil Rally
The U.S.-China relationship has moved further off track over the past two weeks.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »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.
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