The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.
Read More »BP could Find New Gas Giant Offshore Azerbaijan
BP is targeting the Shafag-Asiman area. which could be a similar size to Shah Deniz 2.
Read More »The Market Don`t Observe LNG Glut in 2019
Wood Mac notes growing worry about a global economic downturn in its report.
Read More »Iraq Boosted Production. Exports Just Before Cuts Began
Iraq’s commitment to the latest deal is critical to the cartel’s success.
Read More »Oil Prices Rise amid U.S.-China Trade Talk Optimism
Both crude price benchmarks had already gained more than 2 percent in the previous session.
Read More »OPEC Expects Higher Supply Growth in 2019
Global economic growth prospects for 2019 are slightly lower than for 2018.
Read More »Sanctions are Surprise Boon to Iran`s Steel Exports
Iran has so far exported 6 million tonnes of steel in this Iranian year.
Read More »2019. A Record Breaking Year For LNG
Political factors are one of the reasons that Novatek’s Arctic-2 LNG project in Russia has a high chance of succeeding.
Read More »Iran’s FM to Travel to India to Deepen Ties
Senior executives from state and private entrepreneurship companies will accompany FM Zarif on this three-day visit.
Read More »OPEC Strategy still a Winner for Members
Given oil’s plummet at the end of last year. OPEC’s strategy to stabilize the market might look a bust.
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