Tag Archives: International News Agency

Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.

U.S. production will be growing despite the current capacity constraints in the Permian.

OPEC and Russia may use cuts to support $70 per barrel.

According to the deal. PGNiG will receive US liquefied natural gas. challenging the Russian supplier Gazprom.

Natural gas transmission will take around 52 hours from Russia'.s Anapa to the destination in Turkey.

The next OPEC+ meeting is scheduled for 4 December.

Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.

OPEC member Venezuela last year produced more than 2 million bpd.

China was given a waiver to import around 360.000 bpd from Iran during the exemption period.

South Korea is the world’s fifth-largest crude oil importer.