Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.
Read More »Ford Moves Production of Focus Small Cars to China
Unlike many consumer products. few Chinese-made vehicles are sold in the United States.
Read More »Iraqi Oil Exports Fall to 5-Month-Low
Iraq has undertaken the second largest cut in oil output after Saudi Arabia among the participants of the OPEC deal signed last year in Vienna.
Read More »Iran: US Oil Boom Pushed Prices Down
The US shale oil output will make up more than half of the 1.5 mb d in non-OPEC supply growth forecast for the next year.
Read More »Some European States Interested in South Stream’s Revival
Given the current realities in the EU. especially after Brexit. the implementation of South Stream will be impossible without Germany’s approval.
Read More »Gazprom Interested in Establishing LNG Supplies to Brazil
A branch of Gazprom is operating in Rio de Janeiro.
Read More »Iran. Azerbaijan Increase 75% of Non-Oil Exchanges
Over past years. 5.000 trucks transit goods between the two countries. now it reaches to 15.000.
Read More »Saudi Oil Giant Takes Stake in Irish Wastewater Start-Up OxyMem
OxyMem’s status in the clean energy sector has soared since Byrne. Prof Eoin Casey and Dr Eoin Syron founded it at UCD in 2013.
Read More »Eni Wins Big in Mexico`s Auction of Shallow-Water Prospects
Eni won two of its blocks in partnership with Citla Energy. an independent Mexico explorer. and one with Capricorn Energy. a unit of UK explorer Cairn Energy.
Read More »Qatar Tells U.S. It will Maintain Stability Around LNG Exports
Saudi-led sanctions imposed two weeks ago on Qatar. the world largest exporter of LNG.
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