When the IPO was initially flagged in 2016. Saudi officials hoped it would raise as much as $100 billion.
Read More »OPEC Non-OPEC Coalition Schedules Extra Meeting Ahead of Sep 23 Algiers Meeting
OPEC and its partners agreed in late June to raise output by 1 million b d.
Read More »Gazprom Neft and S7 Airlines become the 1st Companies in Russia to Move to Blockchain Technology in Aviation Refueling
Thanks to blockchain technologies. data on refuelling operations is guaranteed to be securely stored in the AFSC system.
Read More »Summer Demand Drive Europe’s Natural Gas Prices to Highest Level
The past winter season in Europe was one of the coldest this decade. sending gas demand soaring.
Read More »Syria’s Second-Largest Oil Field Is Operational Again
The U.S-led coalition fighting Islamic State killed the leader of the militants responsible for its oil and gas smuggling operations.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »US Active Drilling Rigs Reduce Sharply while Oil Prices Rebound after 7-Week Loss
Most of the oil production growth of the United States comes from the Permian Basin.
Read More »Asian LNG Prices Hits Record
Demand from new buyers is also supporting LNG prices in the region.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
Read More »UAE`s ADNOC in Advanced Talks to Sell Refinery Stakes
Adnoc began a wide-ranging shake-up in 2016 to tackle competition from new producers such as US shale firms.
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