The United Arab Emirates (UAE) is seeking to increase its oil output by 5 million barrels per day by 2030.
Read More »Erdogan Warns Oil Companies against Drilling Near Cyprus
ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.
Read More »Qatar Rearranges Cabinet
It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.
Read More »Iran Has No Concerns over Reimposition of New U.S. Sanctions
America will not be able to carry out any measure against Iran'.s great and brave nation.
Read More »Global Oil Supply in 2019 Make It Easier to Cut Iran Oil
Saudi Arabia had been ``very helpful`` in bolstering oil supplies while the U.S. moved to reimpose sanctions against Tehran.
Read More »Russian Crude Production ahead of OPEC Meet
Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.
Read More »Study of US Oil Waivers Shows Market Needs Iranian Crude
The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.
Read More »Iran Seeks European Assurances as U.S. Oil Sanctions Loom
Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.
Read More »Oil. Gas Drilling In Canada Likely Decline in 2019
Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
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