Russia has become a leading supplier of crude oil to China - it supplied 67 million tonnes in 2018. which is worth more than $35 billion.
Read More »Qatar will Join Gulf Producers in Oil-Price Formula Overhaul
Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.
Read More »India will Invite Foreign Firms to Invest in State-Owned Oil Companies
International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
Read More »Saudi Aramco Stock could Price at Volatile Time for the Oil Market
Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.
Read More »EU Clears Saudi Aramco and Hyundai Heavy Industries Joint Venture
The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area.
Read More »Qantas Group Aims High with 2050 Net Zero Goal
It has pledged to invest around $50m over 10 years to support the development of a sustainable aviation fuel industry in Australia and abroad.
Read More »OPEC Foresees Its Market Share Shrinking in Coming years due to Shale Surges
OPEC and its partners are due to meet next month in Vienna.
Read More »Global Oil Demand could Peak in 2020
Global oil demand may peak within the next 20 years.
Read More »Saudi Aramco will Offer $1bn in Shares to Staff
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from November 17.
Read More »Saudi Arabia to Press for Higher Oil Prices ahead of Aramco IPO
Aramco formally announced a plan this week to launch an IPO on its domestic exchange on Dec. 11.
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