Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
Read More »Oil Min Dismisses Claims on Oil for Fighter Jet Barter
Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.
Read More »Iran Can Boost Output Fast If OPEC Ends Cuts
OPEC. allied suppliers to meet in June to assess crude market .
Read More »South Australia Plans World`s Largest Virtual Power Plant
Marshall will try to oust the more left-wing state Labour government in the March 17 election.
Read More »Rise of Renewables Investments in Gulf States
Saudi Arabia may have some of the most untapped solar potential of any place on Earth.
Read More »Iraqi Oil-Export Ambitions Puts Strain on OPEC Accord
Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Russian Oil Output Flat as Rosneft and Lukoil Declines Offset by PSAs
Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Shareholders of Nord Stream 2 have Invested about $3 Billion in the Project
The cost of building the gas pipeline is €9.5 billion.
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