U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Second Pipelay Ship Starts Work on Nord Stream 2 in German Waters
The operator of the gas pipeline construction project is Nord Stream 2 AG company.
Read More »Venezuela has Officially Launched Its Oil-Backed Cryptocurrency
Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
Read More »Total and Sonatrach Sign New Agreements
Sonatrach and Total will develop the reserves of Erg Issouane. located on the TFT Sud permit in Algeria.
Read More »India. Russia Cooperation on Russian LNG. Oil Field Development
India has embarked on the path of becoming a gas-based economy.
Read More »Saudi Crown Prince Promise Aramco IPO by early 2021
The planned listing of the world'.s biggest oil producer was to be the cornerstone of the kingdom'.s promised economic overhaul.
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 »ExxonMobil Plans to Drill off Coast of Cyprus. Turkey Protests
Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.
Read More »India Continues Importing Usual Volume of Oil from Iran
India has been lobbying hard to seek US sanctions waivers for the import of Iranian oil through Iran'.s Chabahar project.
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