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Libya boasts oil reserves of 41 billion barrels. perhaps the largest in Africa.
Read More »Libya Looks for Diversify Oil-Based Income sources
Saudi Aramco Considers Expansion in US
Aramco already controls a large refinery in Texas. after it bought over partner Shell’s stakes in Motiva in March 2016.
Read More »UK Want to Squeeze Every Last Drop out of the North Sea Basin
It is estimated between 10 and 20 billion barrels remaining in the UK Continental Shelf that could be extracted.
Read More »Khalid Al-Falih Discusses Oil Market with Iraqi PM
Saudi Arabia and Iraq are OPEC’s two biggest producers.
Read More »Novak: Sanctions against Russia’s Senior Energy Officials Illegal
Russia will be waiting for some explanation from US.
Read More »Russia`s Tatneft Ready to Help Iran Develop Oilfields
The Tatneft Company. with headquarters in the Republic of Tatarstan. is the fifth largest oil producer in Russia and participates in more than 77 oil fields as an operator.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »Kurdistan Denies to Hand Over Its Oil to Baghdad
Foreign investments are the only way for Iraq’s reconstruction to move forward.
Read More »What`s Behind Russia and Saudi Arabia`s Oil `Bromance`?
In global politics. as in business. there are no ``friends`` and there is no ``bromance.
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