Russia’s crude shipments into Europe via the Baltic and Black Seas are due to fall by an average of 19% year-on-year in the first five months of 2018.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Aramco Appoints First Woman to the Board
Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.
Read More »BP Chief Executive Bob Dudley Poisoned in Russian Plot
Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .
Read More »Saudi Arabia Gets 1st Solar-Powered Gas Station
Many Italian and international providers of gas and petroleum products have begun to switch to photoelectric energy to power their supply stations.
Read More »Cyprus-Egypt Gas Deal Expected Soon
Egypt is moving towards self-sufficiency in gas and becoming the Middle East’s energy hub.
Read More »Construction of First Leg of Turkish Stream Gas Pipeline is Completed
Gazprom’s investments in the construction of the Turkish Stream gas pipeline for 2018 are planned at around 182.4 bln rubles.
Read More »Rising U.S. Rig Count Knocks Oil
U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
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