The measure. which was spearheaded by Russia. will come into effect on January 1.
Read More »OPEC Deal could Push Oil to $80 Per Barrel
Oil prices jumped just over four percent as news of the deal broke.
Read More »TAPI Pipeline to be Inaugurated in March 2019
Under the agreement Turkmenistan will make an investment of around $24 billion to deliver around 3.2 bcfd of gas for 25 years.
Read More »Putin. Novak Discussed Meeting with OPEC
OPEC resumes discussions in Vienna on Friday before heading into a meeting with non-OPEC oil producers led by Russia later in the day.
Read More »Russia`s Novak to Meet Saudi. Iran Ministers
Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.
Read More »Pradhan Hopes OPEC will Remember Consumers when Cutting Output
OPEC tentatively agreed to an oil output cut on Thursday.
Read More »SPARK. Saudi Aramco`s Energy Megaproject
The 50 km2 energy city will be constructed at between Dammam and Al-Hasa in the heart of the Saudi energy business.
Read More »MAN to Develop World-First Marine Hydrogen Fuel Gas System
MAN Cryo is a wholly owned subsidiary of MAN Energy Solutions.
Read More »Iraq might be the Next OPEC Member to Exit
Last month. Iraq’s oil exports dropped to their lowest level in seven months due to bad weather at its southern ports.
Read More »Russia`s Uncertain Cooperation with OPEC
Two of OPEC’s members. Libya and Nigeria. have asked to be exempt from the cuts like they were for the last round of cuts.
Read More »