Tag Archives: International News Agency

Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.

Shell and BP predict oil consumption may flat line in the mid-2030s.

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.

Russia. in order to prevent perception of this step as unfriendly. will increase the price also for Belarus. but later will down the price.

Arabs living in Iraq’s Kirkuk are seeking Turkey’s support for reconstructing the oil-rich city.

In July. Russia planned to boost production by 200.000 barrels per day.

Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.

Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.

Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).

Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as the November deadline approaches.