Turkey is interested in supplying energy resources of the Caspian basin to the world markets.
Read More »BP and SOCAR Sign New Oil Agreement
BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Oil Prices Rise with Decline in US Oil Rig Count
Crude oil prices were slightly up during the week with declines in U.S. crude oil inventories and production.
Read More »Japan Relies on Iranian Oil. to Talk to US about It
Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``
Read More »Signs of Recovery for Schlumberger. Halliburton amid Earnings Pain
Oil services were hit hard by the steep sell-off in the oil market that started in 2014.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Aramco is expanding its refining and petrochemical business globally.
Read More »Rick Perry Plans to Leave the Trump Administration
Trump is said to have considered him as a contender to lead the Homeland Security and Veterans Affairs departments.
Read More »Iran Eyes 5 Oil Project Deals with Local Firms
Iran is likely to award up to five oil exploration and production contracts to local firms.
Read More »Chinese Demand will Boost Oil Prices
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »