OMV is a financial investor in the 55 Bcm year Nord Stream 2 project.
Read More »OPEC Secretary General: There is Sustainable Market Stability
The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.
Read More »Saudi Aramco Wins Several Awards at ADIPEC 2018
Aramco’s Research and Development Center won the Breakthrough Research of The Year for their Project.
Read More »Total. Exxon Sign MOU with the State of Papua New Guinea
The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.
Read More »BP to boost Middle East Presence
BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.
Read More »Aramco Initial Public Offering will ‘Certainly’ Happen
Saudi Aramco is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic).
Read More »US Can Compete In Europe’s Gas Market
The U.S. is ready to help Europe to diversify its energy supply.
Read More »Venezuelan Oil Production could Fall below 1 bpd
OPEC member Venezuela last year produced more than 2 million bpd.
Read More »Russia. Germany Criticize US Re-Imposition of Sanctions on Iran
The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
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