Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.
Read More »OPEC’s No.2 Plans Significant Raise in Crude Output Next Year
Iraq has started work on the third and final phase of the Halfaya oil field expansion.
Read More »Saudis Offer 1GW of Renewable Contracts
The oil exporting nation’s goal is to install 3.45 gigawatts of renewable by 2020 and 9.5 gigawatts by 2030.
Read More »Iran Becomes No.2 Oil Supplier to South Korea in First Quarter
Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.
Read More »OPEC Secretary-General Participates in 3rd GCC Petroleum Media Forum
The project is aimed at developing a comprehensive. multi-dimensional and easy-to-use tool for analysing publicly available oil and gas data.
Read More »India Replaces Japan as No. 2 LPG Importer
Total LPG imports stands 23 per cent more at 11 million tonnes in fiscal 2016-17.
Read More »Schlumberger Revenues Grow
For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.
Read More »Oil Resumes Rally as OPEC Seen Extending Cuts. Dollar Declines
The Bloomberg Dollar Spot Index lost 0.4 percent.
Read More »Iranian Crude Oil at $53 Per Barrel
Saudi Arabia. the world'.s top producer ahead of Russia. is responsible for almost one-fourth of the total cuts.
Read More »China Exports Record Diesel Volumes
China became a net exporter of fuel products in late 2016.
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