Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Saudi Aramco Plans to Set Up New Construction Unit
Both the local and global firms are keen to form consortiums for the coveted project.
Read More »OPEC at Odds with Rosneft Over Oil Outlook
The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.
Read More »Can Trump Drive a Wedge Between Saudi-Russian Alliance?
In Europe. American infringement of Russian dominance in gas markets is even clearer.
Read More »Gerhard Schroeder Says Isolating Moscow Impossible
The United States would like to weaken Russia’s energy cooperation with the European Union.
Read More »BP Eyes Smaller Renewable Investments to Avoid Repeating Losses
Some of those investments failed to pan out and BP in 2011 wrote off its solar business.
Read More »China Is about to Do for Global Gas Demand What It did for Oil
The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
Read More »Iraq Appoints New Governor of Oil-Rich Kirkuk Province
Since the 2003 U.S.-led invasion of Iraq. oil-rich Kirkuk has remained the subject of dispute between Baghdad and the Erbil-based KRG.
Read More »OPEC Favors 9-Month Extension of Production Cut Agreement
OPEC would be willing to do ``whatever it takes`` to balance the oil market.
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