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Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
MAN Diesel & Turbo and AKA Win Specialist Russian Order
The partnership with AKA represents part of MAN Diesel &. Turbo’s strategic development program.
Read More »MAN Diesel & Turbo. a Leading Provider Company of Diesel Engines and Turbomachinery
The company employs around 14.500 staff at more than 100 international sites. primarily in Germany. Denmark. France. Switzerland. the Czech Republic. India and China.
Read More »Traders in Asia Hunt Oil Products to Send to US
Traders will try to keep discharge options open so that they are able to anticipate any potential delays in discharging the cargoes.
Read More »Statoil Comes Up Empty Handed in Barents Sea
Korpfjell is the fourth well that Statoil has drilled in its 2017 exploration campaign in the Barents Sea. which has been fairly disappointing so far.
Read More »Japan. US Look to Cut Off North Korea`s Oil Supply
Tokyo and Washington see quick. decisive action as necessary to avert a crisis
Read More »Iraq`s Kirkuk Province to Vote in Kurdish Independence Referendum
The Kurds have been seeking an independent state since at least the end of World War One.
Read More »Iran`s New Oil. Gas Contracts with Foreign States Prove Failure of US Policy
In July. the US Senate approved a bill on new non-nuclear sanctions against Iranian individuals and entities over the country'.s missile program and alleged human rights violations.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
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