Tag Archives: International Companies

Saudi Arabia supports the further oil production cut. but Russia is yet to announce its final position on the matter.

Shell. along with energy giant Total. have signed agreements with the Omani government to monetize gas resources in the Greater Barik area.

The Trump administration recently imposed sanctions on a subsidiary of Russia’s Rosneft.

U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders. a warning sign that the outbreak is starting to dent the world’s largest economy.

On Friday. Brent closed at $58.30 while WTI saw prices of $53.38 per barrel.

Currently. the majority of the UAE’s income is derived from oil exports.

Moscow has been a crucial supporter of the Maduro regime over the years.

Chevron’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year. eroding its portfolio of untapped fields.

Saudi Aramco has already completed a number of gas processing projects.

U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.