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The trade war between the world’s two biggest economies has weighed heavily on global trade.
Read More »Oil Rise on U.S.-China Trade Cease Fire
Oil Falls amid Swelling Stocks
A slowdown in oil demand growth is compounding the emerging oversupply.
Read More »Iraq Plans Power Revamp to Head off Sanctions
Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.
Read More »Iraq Plans Power Revamp to Head off Sanctions
Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.
Read More »Turkey Starts Shallow Water Drilling in Mediterranean Sea
Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.
Read More »Sonatrach Suspends Oil Operations in Libya
Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »East Med Pipeline Deal to be Reached Very Soon
Cyprus. Italy. Greece and Israel agreed last year to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean to Europe.
Read More »Oil Prices Rise amid Expected OPEC Cut
Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.
Read More »Turkey Warns ExxonMobil against Cooperating with Cyprus
Turkey plans to begin drilling in areas off the northern coast of Cyprus'. coast.
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