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Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.
Read More »OPEC. Allies Struggle To Add Pledged Barrels to the Market
STAR Refinery will Help Turkey Save about $1.5B Annually
The plant is planned to process oil of such grades as Azeri Light. Kerkuk and Urals.
Read More »Russia Talks New Energy Project with Exxon amid Looming US Sanctions
The US energy giant is currently participating in just one major project – Sakhalin-1.
Read More »Saudi Aramco will Invest in Refinery-Petrochemical Project in East China
The first crude carrier supplying the refinery should arrive in December or January.
Read More »Total Cooperate with Adani to Re-Enter India`s LNG Market
OPEC estimates India will account for about 40 per cent of the overall increase in global oil demand by 2040.
Read More »U.S. Oil Service Firms Face Tough Quarter despite High Crude Prices
Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.
Read More »India Devises Oil Strategy to Buy Crude from Iran
India. the world’s third-biggest oil consumer. meets more than 80 per cent of its oil needs through imports.
Read More »India Oil Demand to Rise by 5.8 Million bpd by 2040
Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.
Read More »Washington shouldn`t Interfere in European Energy Policy
The German government said last week it continues to regard the Nord Stream 2 pipeline as a useful project.
Read More »Abu Dhabi Invites Indian Companies to Expand Investment in It`s Downstream Sector
India is the world’s third-largest consumer of oil.
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