SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
Read More »Syria. Russia Cooperate in Energy Field
Syria and Russia would be partners in reconstruction of Syria.
Read More »Russia`s Sakhalin II LNG Plant Offers 8 Cargoes via Tender
Four cargoes in the second tranche. offered in May. July. October and March. will be linked to oil prices.
Read More »Iraq to Start 60.000 bpd Oil Swap with Iran
Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.
Read More »Iraq to Comply with OPEC Deal despite Oil Export Capacity Rise
Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.
Read More »Eni`s Chief Doesn`t Think Oil Stay above $70
Growth in U.S. shale could average about 1 million barrels a day this year.
Read More »Saudi Aramco Mulls Expansion to India
Saudi Aramco is looking at additional investments in China.
Read More »Iraq to Respect OPEC Drive to Reduce Output
Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.
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