Saudi Aramco is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic).
Read More »Oil Prices Rise by 1% after Saudi Announces Cut in Supply
The rig count is an indicator that U.S. crude production will increase further.
Read More »Large-scale US wind power would cause warming that would take roughly a century to offset
Extracting energy from the wind causes climatic impacts that are small compared to current projections of 21st century warming
Read More »Aramco Mulls Cooperation with Russian Energy Firms
Amin Nasser held talks with heads of Russian oil giants. Rosneft and Gazprom. in Moscow on Friday to discuss cooperation.
Read More »Adnoc Signs 10-Year Contract for LPG Supply with China
The agreement is in line with recent trends towards locking in longer-term supply of products in Asia.
Read More »Rosneft’s New Strategy towards Middle East
Despite its discontent. Bagdad prefers to maintain good relations with Russia for several reasons.
Read More »US Can Compete In Europe’s Gas Market
The U.S. is ready to help Europe to diversify its energy supply.
Read More »GE Fights for Survival
GE'.s new management team is following a long tradition of corporations in trouble and short of cash.
Read More »U.S. Considers New Sanctions on Russian Oil
U.S. lawmakers have been discussing extending sanctions on Russia to energy and oil projects.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
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