Tag Archives: International

The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.

The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.

During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.

The price for October futures of West Texas Intermediate (WTI) dropped by 0.98 percent and stood at $47.40 per barrel.

The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.

The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.

China has become the world'.s third largest shale gas producer behind the United States and Canada.

Sharara. which was producing around 280.000 barrels per day. had been shut a week ago.

Essar Oil'.s new owners will settle over 2 billion euros ($2.4 billion) owed to Iran for past oil purchases.

A large number of Iranian traders started to ship food to Qatar following the political crisis.