Aramco pumps around 10 million bpd of crude oil.
Read More »Sinopec`s Best Quarter in Years Boosted by Oil Revival
Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.
Read More »U.S..China Trade War Casts a Long Shadow over LNG Shipping Boom
Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.
Read More »Oil Prices Drop on Worries about Oversupply
Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as the November deadline approaches.
Read More »An OPEC-Free World
As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Rosneft Mulls Opening Filling Stations Network in Germany
Rosneft is Germany’s third biggest oil refining market player. with aggregate capacity of 12.5 million tonnes a year.
Read More »Iran Energy Exchange to Offer Crude Oil
Trading crude oil in IRENEX will occur soon through follow-up measures by the oil and finance ministers.
Read More »Oil Stable after G20 Warns of Risks to Growth
U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.
Read More »Sabic Deal would Affect Aramco`s IPO Timeline
The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.
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