Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
Read More »Japanese Energy Majors may Invest in Russia’s Oil Megaproject in Arctic
The project will require significant funding to develop the fields and related infrastructure.
Read More »Drax to Become Carbon Negative by 2030
The energy producer says it will rely on combining bioenergy generation with carbon capture and storage.
Read More »Iran`s Next Year Budget Bill Planned on 1mln bpd of Crude Export
Based on the next year'.s budget. the country will decrease its oil exports from the current 1.5mln bpd to 1mln bpd.
Read More »Oil Prices up with Positive US. China Trade Talks
The consumer price index in China. the main indicator for inflation. increased 4.5% in November.
Read More »Saudi Arabia Plans for Lower 2020 Oil Revenues on OPEC Cuts
The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.
Read More »Foreigners Trying to Disturb Forex Market in Iran
The recent fluctuation in the foreign exchange market in the country is temporary.
Read More »China`s Growing Presence in International Offshore Oil Game
The big three oil producers in China were expected to spend $77 billion on oil developments this year.
Read More »All Eyes on US-China Trade Negotiations as Oil Price Hangs in Balance
The largest and most significant single driver for all financial asset classes for next week will be the outcome of US-China trade negotiations.
Read More »Iran’s Northern Province after $500 Million Non-Oil Exports
Iran’s Northern province of Gilan has exported non-oil commodities worth $260 million in the first 8 months of the current local calendar year.
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