The existing cuts have been extended till the end of 2018.
Read More »Aramco`s 2018 IPO Schedule Is Wavering
The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.
Read More »China Crude Demand Growth will Continue
China will import 452 million tonnes. equivalent to 9 million bpd. in 2018.
Read More »Venezuela Takes Over OPEC Rotating Presidency
Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.
Read More »Two Big Oil Seeking Smooth Exit from Cuts
OPEC and its partners see merit in maintaining their curbs into 2019.
Read More »BP: Long-Term Prospect for Gas Highly Positive
The long-term picture for gas is highly positive. said Fuzzy Bitar. Head of Upstream operations. BP.
Read More »Norway. Iran Cooperation on Renewable Energies
Norwegian firms which are working in the field of renewable energies seek to resume operations in Iran'.s lucrative market.
Read More »Alexander Novak: more Countries can Join the Agreement
The ministers noted that the level of the deal’s implementation had exceeded 100% in the past five months.
Read More »Iraq: Oil Market is Stabilizing
Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
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