Aramco said it doesn’t comment on ongoing business plans and transactions. while Petronas declined to comment.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »Qatar is Paying the Price for Saudi`s Oil Strategy in Asia
Qatar is suffering from the repercussions of Saudi’s sales strategy.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »Aramco Swaps Oil for Fuel to Tap New Markets
State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »China Crude Demand Growth will Continue
China will import 452 million tonnes. equivalent to 9 million bpd. in 2018.
Read More »OPEC Corrects Non-OPEC Production Estimates For 2018
Oil prices this month have not been so high in three years.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
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