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Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »Aramco More Flexible To Oil Price Slump
Oil Prices Rise as Looming Norway Strike Adds to Disruptions
Libya’s national oil production fell to 527.000 barrels per day from a high of 1.28 million bpd in February following recent oil port closures.
Read More »Dana Gas Receives $44m from Kurdistan
Dana Gas’ net share of production in the KRI averaged 26.100 boepd of production during the first half of 2018.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »Indian Market Good Destination for US Oil Producers
US oil producers likely to eye Indian market as tariff war with China escalates.
Read More »Abu Dhabi Ports Signs Pact with ADNOC Unit to Manage Oil Spills
The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.
Read More »Libya’s NOC the ‘Only Legitimate Entity’ for Oil Management
Haftar had claimed that oil money was being used to support terrorists.
Read More »CNPC. ADNOC to Sign Exploration. Refining Deal
ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.
Read More »Iran Increases Gas. Crude Exports in June
Total Iranian oil and gas exports reached 2.2 million barrels of crude and 330.000 of condensates a day in June.
Read More »Gulf Sovereign Wealth Funds Commit to Climate Pledge
The development builds on discussions during a climate summit in Paris last year.
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