Saudi Arabia has received requests for information from five countries — South Korea. China. US. France and Russia — to build two nuclear reactors.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Iranian. Russian Oil. Gas Companies to Hold Meeting on May 8
Iran Oil Show 2018 is running during May 6-9 at the Tehran Permanent International Fairgrounds.
Read More »Deadly Sanchi Tanker Tragedy Blamed on `Human Error`
Sanchi was carrying 36.000 tonnes (almost one million barrels) of condensate.
Read More »Azerbaijani Energy Minister Visits Iran`s Oil Exhibition
The four-day exhibition is sponsored by the Iranian Ministry of Oil and its subsidiary the National Iranian Oil Company.
Read More »Glencore Cancels Proposed Sale of Stake in Russian Oil Co.
Glencore and QIA have now agreed to dissolve their partnership.
Read More »U.S. Stocks Jump 1 Percent Led by Tech Gains. Oil Prices Rise
The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.
Read More »Oil Hits $70 as Traders Wait for Iran Decision
Despite the price adjustment. sour is still higher on the year.
Read More »World Oil Prices Rise
World oil prices have increased after the trades held on Friday at the leading oil exchanges.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
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