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Russia will be waiting for some explanation from US.
Read More »Novak: Sanctions against Russia’s Senior Energy Officials Illegal
Tillerson: Nord Stream 2 Pipeline would Undermine Europe`s Energy Security
Like Poland. the United States opposes the Nord Stream 2 pipeline.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Kurdistan Denies to Hand Over Its Oil to Baghdad
Foreign investments are the only way for Iraq’s reconstruction to move forward.
Read More »How Sanchi`s Spill could Spread
The Panama-registered Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.
Read More »European Oil Shipments to Asia Decrease
The European exporters are suffering the effects of a widening spread between Brent and Dubai.
Read More »Aramco`s 2018 IPO Schedule Is Wavering
The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.
Read More »China Crude Demand Growth will Continue
China will import 452 million tonnes. equivalent to 9 million bpd. in 2018.
Read More »IMF Predicts Saudi Arabia Growth Outlook
The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »Khalid Al-Falih: still Anxious about Fragility of Oil Market
There’s an acceptance that the OPEC-led deal should extend beyond 2018. Falih said.
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