Tag Archives: International News Agency

The two European companies are expected to proceed with drillings on plot 8 next autumn.

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.

The Yamal LNG production adds competitive LNG resources to our growing portfolio.

The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.

This represents 7% growth on the 9.58 GW-AC that the EIA estimates will come online by the end of this year.

The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.

At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.

Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.

In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.

As the row deepens. oil was bound to become the center of attention. albeit briefly.