Tag Archives: International News Agency

Mutual confidence between the government and private sector is the only way to circumvent sanctions.

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Russia is the key non-OPEC partner in the production cut deal with OPEC.

On Tuesday. the American Petroleum Institute (API) reported an estimated inventory increase of 3.453 million barrels.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.

1.2 million to 1.5 million electric cars will be added this year to the 3.5 million on the road as of end-2017.

Saudi Arabia has been pushing for an OPEC cut. indicating it may reduce supply by 500.000 bpd.

Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.