Saudi Aramco is growing its investments in downstream including chemicals.
Read More »Azerbaijan could Become Full Member of GECF
Azerbaijan joined the GECF as an observer member on November 21.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
Read More »Aramco Seeking US$2b from Japan`s Export Agency
Saudi Arabia is seeking to sell as much as 5 per cent of Aramco.
Read More »Iranian Oil Tanker in East China Sea could Burn for a Month
The Sanchi was carrying 136.000 tonnes of condensate.
Read More »Japan Firms Eyes in Brazil’s Vast Offshore Oil Deposits
Much of Brazil’s oil from offshore basins are buried under a thick layer of salt on the sea floor.
Read More »Oil Industry Wants Pipelines to be Part of Trump’s Infrastructure Push
The oil industry is having more difficulty than it has before in developing its infrastructure.
Read More »Saudi to Ease Foreign Investment Regulation
Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
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