Aramco shares will begin to be trade publicly on Saudi stock exchange Tadawul next week.
Read More »Zangeneh to Meet with OPEC Sec. Gen.. Conference President
The Iranian Minister of Petroleum left Tehran for Vienna on Thursday morning to join the OPEC Conference.
Read More »OPEC is Considering a Deeper Cut to Its Oil Production
The current agreement is due to expire in March but there’s speculation that the group could opt to cut further if Russia agrees.
Read More »Iranian Oil Minister to Meet OPEC’s Barkindo in Vienna
Zanganeh did not speak to reporters upon arrival in Vienna for the OPEC summit.
Read More »OPEC’s Failure to Deepen Oil Cuts may Drive Oil Price to $40
The challenge for OPEC+ is the strong supply growth elsewhere in the world.
Read More »OPEC+ Panel Recommends Excluding Gas Condensate from Oil Output Figures
All OPEC+ members have agreed with the recommendation not to include gas condensate numbers in the overall oil output.
Read More »Iraq is Urging Deeper Production Cuts
Iraq. the second-largest oil producer of OPEC'.s 14 members. is also one of its most chronic over-producers.
Read More »OPEC. Allies Agree to Deepen Oil Output Cuts
Existing supply curbs of 1.2 million barrels per day. aimed at supporting oil prices and preventing a global glut. are set to expire in March.
Read More »Soil Helps to Combat. Adapt to Climate Change
Healthy soil provides the largest store of terrestrial carbon. When managed sustainably. soil can play an important role in climate change.
Read More »NPC Mulls Construction of $8bn Petchem Project
Plans are underway to construct an $8-billion petrochemical megaproject by Iranian petrochemical holdings. a senior petrochemical official said.
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