For years. Iraq and Kuwait have been discussing ways to develop and share the cross-border oil fields.
Read More »Saudi Arabia. China`s Top Crude Supplier
The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.
Read More »The Troika of Oil Market Decision Making
The output from the troika is the fastest-growing element in global oil supplies.
Read More »Iran Launches Oil Sales on Energy Exchange to Counter US Sanctions
China’s government told at least two of its state oil companies to avoid purchasing Iranian oil.
Read More »Khashoggi’s killing has Put Saudi Arabia in Crisis
Following the incident. the kingdom has been attacked by international governments and leaders.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »UAE. Russia to Develop Siberian Oil Fields
Oil produced from the fields reached 33.000 barrels per day in 2017.
Read More »Saudi Arabia to Implement Oil Pipeline through Yemen to Arabian Sea
The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.
Read More »Eni Finds New Gas Field in Egyptian Desert
A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.
Read More »Turkey Continues Trading with Iran despite US Sanctions
In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.
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