The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petro-chemical group Sabic.
Read More »US Appreciates India`s Efforts to Cut Oil Imports from Venezuela
The US. along with 50 other countries recognized Guaido as the legitimate President.
Read More »It should Be Easy to Extend Global Oil Deal
Zanganeh and Novak had agreed at the meeting to strengthen ties between the two oil exporters.
Read More »Over 568 Miles of Nord Stream 2 Pipeline Ready
Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies.
Read More »U.S. Drillers Focus More on Cash Flows
Now prices are higher than they were in January.
Read More »Global Energy Demand Hits Fastest Pace This Decade
Energy consumption worldwide grew by 2.3 percent in 2018.
Read More »Iran’s Oil Exports Drop Ahead of US Waivers Decision
Japanese refiners are unlikely to continue buying Iranian crude from April onwards.
Read More »Russia is China’s Largest Crude Oil Source
Last year. China'.s crude oil imports surged 10.1 percent year-on-year to 460 million tons.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »Asian Coal and Gas Prices Decline. A Reminder To Oil Markets
The liquefied natural gas spot prices decreased by more than half since September.
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