Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Saudi Arabia is seeking to develop new industries to wean its economy off oil.
Read More »Saudi Arabia will Build First Wind Power Plant
Saudi Aramco Restarting Preparations for Mega IPO
The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »China. India to Form Buyer’s Bloc That Favors Importers
Nations in Asia are mostly dependent on West Asian producers for their demand for oil.
Read More »New Japanese Oil Giant
The merger will operate under the Idemitsu Showa Shell trade name.
Read More »Asian Coal and Gas Prices Decline. A Reminder To Oil Markets
The liquefied natural gas spot prices decreased by more than half since September.
Read More »Gazprom Increase Pipeline Flows to Europe
A jump in LNG supplies contributed significantly to oversupply in the European gas market.
Read More »Aramco will Issue 1st Ever Global Bond This Year
The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.
Read More »Asian Markets Rally on US-China Trade Cease Fire
China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.
Read More »Oil Prices Rise by 1% after Saudi Announces Cut in Supply
The rig count is an indicator that U.S. crude production will increase further.
Read More »Saudi Arabia Discussing Proposal to Cut Oil Output by up to 1 mn bpd by OPEC and Allies
The United States this month imposed sanctions curtailing Iran'.s oil exports.
Read More »