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Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Al-Falih Urges Oil Producers to Extend Cooperation Beyond 2018
Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »S. Korea Plans to Boost LNG Imports from Russia
Korean businessmen also intend to participate in the creation of a fishing industry complex on Nazimov Cape near Vladivostok.
Read More »Kuwait oil minister: not discussing exit strategy from supply cuts at Sunday meeting
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
Read More »Next OPEC+ Ministerial Meeting Planned for April
Saudi Arabia’s energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018.
Read More »Toshiba Agrees to its Sell Westinghouse Nuclear Unit Assets to Boost Capital
The sale will end the Japanese conglomerate’s troubled foray into overseas nuclear power.
Read More »Eni Launches World`s Biggest Industrial Supercomputer
The state-controlled firm has invested heavily in high-powered computing to give it an edge over rivals in exploration and get its resources to market faster.
Read More »Gazprom to Build Second Line of Turkish Stream Gas Pipeline
Both lines of the gas pipeline will be put into operation before 2019 year-end.
Read More »Iranian Tanker`s Oil Slick Is Now the Size of Paris
Sanchi had held a million barrels of light condensate oil. which is highly toxic and flammable.
Read More »OPEC Corrects Non-OPEC Production Estimates For 2018
Oil prices this month have not been so high in three years.
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