Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.
Read More »Sabic Deal would Affect Aramco`s IPO Timeline
The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.
Read More »President: US Should Know War with Iran Is Mother of All Wars
The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.
Read More »Eni. Sonatrach Sign Agreement to Strengthen Gas Sector in Algeria
Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.
Read More »US Considers Tapping Emergency Oil Stockpiles to Decline Prices
The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.
Read More »Venezuela`s Opposition Is Trying to Save PDVSA
A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.
Read More »EU Tries to Save Iran Nuclear Deal
Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Oman will Host World Heavy Oil Congress & Exhibition
The World Heavy Oil Congress &. Exhibition is a collaboration hub that the global heavy oil community can return to every year.
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