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In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »ADNOC Mulls to Take Stake in Ratnagiri Refinery Project
UAE supplies a small quantity of oil to India.
Read More »Saudi Aramco Considers Presence in India`s Entire Energy Sector
Aramco is looking at ``all options`` to enter fuel retailing through partnerships with Indian oil companies.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Moscow. Seoul Discuss South Korea’s Participation in Arctic LNG-2 Project
Moscow and Seoul are discussing South Korea'.s participation in the Arctic LNG-2 project.
Read More »EU Studies Qatar’s Long-Term LNG Contracts
Qatar is the world´s biggest LNG producer.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
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