Tag Archives: Conference

Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.

Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.

Total planned to increase its electricity production capacity in France.

The global oil cartel was looking forward to strengthening its cooperation with Russia.

Over the 8 months of the agreement in force. surplus of global oil reserves decreased by 168 mln barrels and now stocks exceed the five-year standard by only 170 mln barrels.

CEO Amin Nasser also says the outlook for oil supplies is '.increasingly worrying'..

U.S. crude for November delivery stood around $52 per barrel on Tuesday.

NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.

The Permian is the powerhouse (of U.S. crude output growth).

The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.