Shah Deniz 2 is one of the world’s largest gas fields and is developed by a BP-led consortium.
Read More »US Investors Cool Response to Aramco IPO
Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.
Read More »UAE Insists on Construction of Pipeline in Iran
Iran could receive transit fee from the passage of this pipeline from Turkmenistan towards the United Arab Emirates (UAE).
Read More »Iraq`s Oil Ministry Invites Investors for Anbar Refinery
The Anbar refinery is part of a government plan to increase the nation’s oil processing capacity and reduce its oil products imports.
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »OPEC`s Attemps to Boost Oil Prices Undermined by US Oil Industry
The EIA is forecasting US oil production will lift 14.8% to 10.70 million barrels per day this year.
Read More »Trump vs Tillerson
Tillerson encouraged Trump to maintain the international nuclear deal with Iran reached during Democratic former President Barack Obama'.s administration.
Read More »IEA: Venezuela Turmoil could Push Oil Market into Deficit
The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.
Read More »OPEC Unlikely to Change Output Deal This Year
Russians can pull out of the deal as they have made no commitment to OPEC to remain in the agreement until the end of 2018.
Read More »Statoil Name will Changes to Equinor
Statoil is one of the world’s most carbon-efficient producers of oil and gas. and will develop its low carbon advantage further.
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