When oil goes up inflationary expectations go up as well.
Read More »Shell Gave Green Light for UK North Sea Project
Production in the UK North Sea has steadily declined since the late 1990s.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »US Forces Europe to Abandon Russian Gas
Russia plans to build the Nord Stream 2 natural gas pipeline under the Baltic Sea to Germany.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Sinopec Acquire Assets in South Africa
A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »Chinese Firms Build Sub-Sea Pipeline Installation in Nigeria
The 650.000-barrels-per-day refinery will come on stream by September 2019.
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