Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Saudi Arabia will not be Able to Fill Looming Oil Supply Gap
Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Surge in US Natural Gas Exports Continues
Exports in the US has averaged at 0.87 billion cubic feet per day (Bcf d) in the first half of this year.
Read More »Iran Ready to Attract Foreign Investment in Renewable Sector
The Energy Ministry has called on Satba to prepare the ground for private sector investment in and export of renewables.
Read More »Goldman Sachs Warns Oil Market Surplus in Early 2019
Goldman’s analysts said production in Libya and Nigeria was higher than expected.
Read More »UAE. Iran`s Rival may be Cracking Down on Trade
The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »U.S. Oil Prices Hits Four-Year Peak ahead of Sanctions on Iran
Brent has risen by more than 20 percent from its most recent lows in August.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Iran Has Full Access to Oil Revenues
Iran has no plan to cut production. and is seriously working on production. and even delayed the repairs.
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