The US has repeatedly urged European countries to not participate in Nord Stream 2.
Read More »US Expected to Become World`s Top Oil Producer Next Year
The United States led the world in oil production for much of the 20th century.
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 »ADNOC Subsidiary Awards Contract to Develop Offshore Oil Field
Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.
Read More »Current Level of Oil Prices Stems from US Trade War
A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.
Read More »MAN to Power Gas-Engine Power Plant in Oman
ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.
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 »Venezuela’s Oil Crisis
China has decided to invest &.25 million to help slow the decline underway in Venezuela.
Read More »Trump Puts Political Pressure on Nord Stream 2
US sanctions against companies involved in Nord Stream 2 could be in the pipeline.
Read More »Libya`s Main Oil Terminals Reopen
The Libyan National Army contends that some of the oil revenue flowing from the NOC to the Libyan government is diverted to fund rival militias.
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