A decision on what to do rests in the hands of Crown Prince Mohammed bin Salman.
Read More »Ukrainian Parliament Urges the EU to Stop Construction of Nord Stream 2 Pipeline
Deputies of the Ukrainian parliament urged the EU to rely on Ukraine’s gas transportation network capability.
Read More »Oil Exploration Grows in U.S. with Crude Reaching $75
The Permian. with 55% of all the active crude rigs in the country. is the busiest American field.
Read More »Russia`s Gazprom Reveals Information on Its Assets in Great Britain
Gazprom owns a block of shares of Nord Stream AG that was pledged as collateral for funding.
Read More »Brazil`s Petrobras Seeks Partner to Revive Older Oil Wells
A deal would represent a novel way for the debt-laden oil company to boost output from mature fields without losing control or risking capital.
Read More »U.S. Oil Rig Count Increase as WTI Pops
The oil and gas rig count now stands at 1.052—up 100 from this time last year.
Read More »Russia`s Big Challenge Now that OPEC Deal is Complete
Russian government officials have become increasingly vocal about rising pump prices in recent weeks.
Read More »Saudi Aramco Changes Asia Crude Oil Price Formula
The world’s third largest crude oil supplier currently produces about 10 million bpd and has the capacity to produce 12 million bpd.
Read More »TANAP will Support Regional Trade. Improve Connectivity
The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.
Read More »Chinese Bank Approves US$5Bn Loan for Venezuelan Oil Development
These funds will allow Venezuela to upgrade the development of its key industry.
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