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Donald Trump recently accused OPEC of ``ripping off`` the world.
Read More »Qatar Defends OPEC against Accusations
Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Saudi Arabia Plans Oil Production Rise in October. November
Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.
Read More »Putin will Meet Shell CEO in Moscow
Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia’s Pacific coast.
Read More »About 30 Energy Ministers to Take Part in Russian Energy Week in Moscow
The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
Read More »Russia Can’t Offset Iranian Oil Supply Loss to Asia
In Europe. Russia’s Urals is considered to be one of the best replacements for Iranian grades.
Read More »U.S. Oil Prices Hits Four-Year Peak ahead of Sanctions on Iran
Brent has risen by more than 20 percent from its most recent lows in August.
Read More »Saudi Postpones $200 Billion Softbank Solar Project
This project expected to have the capacity to produce up to 200 gigawatts by 2030.
Read More »OPEC Oil Production At Highest In 2018
Saudi Arabia. OPEC’s de facto leader and largest producer. pumped 10.53 million bpd in September.
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
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