Trump’s support is the key to the political fortunes of MBS.
Read More »Libya Halts Oil Export due to Bad Weather
Oil production had declined by 150 thousand barrels per day.
Read More »A First in the Industry. 130 LNG Tank Containers are Shipped to Northern China
China has seen an explosive growth of natural gas consumption over the years.
Read More »Oil Prices Set For Rebound In 2019
Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.
Read More »Sonatrach Suspends Oil Operations in Libya
Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »Venezuela Reaches $1.4 Billion Deal to Avoid Losing Control of Citgo
Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp.
Read More »OPEC`s Strategy to Avoid Trumps Anger
OPEC reportedly considered announcing a cut of 1.4 million bpd.
Read More »Oil Prices Remains Weak. Saudi Arabia Vows to Balance Global Glut
The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.
Read More »Goldman Sachs: Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.
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