Saudi Arabia. OPEC’s de facto leader and largest producer. pumped 10.53 million bpd in September.
Read More »Global Oil Industry Needs $11trn Investment
Oil-related investment requirements across the upstream. midstream and downstream are estimated at around $11 trillion in the period to 2040.
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
Read More »Trump Intensifies Saudi. OPEC Criticism to Little Effect
On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.
Read More »Europe should Prepares for Natural Gas Price Hike
Norway sent a record high volume of gas to Europe this summer.
Read More »Japan`s Crude Imports from Iran Rise over Past 5th Month
Japan'.s oil imports from Iran jumped to 65 percent year on year in August.
Read More »Hyundai Heavy Wins $210 mln Oil Tanker Order from Norway
The combined order figure accounts for 79 percent of the three firms'. order target of $13.2 billion for this year.
Read More »Iran will Build Crude Oil Storage Facility at Gulf of Oman Port
Omid Investment Management Group Co. also signed the deal. under which construction should be completed within three years.
Read More »Oil Hits Four-Year High ahead of Iran Sanctions
Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
Read More »