Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
Read More »Turkey`s Concern over Uncertainty of Libya’s Oil Industry
All of Libya’s natural resources and facilities should be returned to the recognized Libyan authorities as soon as possible.
Read More »Oil Crisis Due to Libya Oil Output Cuts
Clashes had already forced the NOC to suspend operations at the two other ports. slashing output by 450.000 bpd.
Read More »EU Oppose any Attempts to Legally Sell Libya`s Oil
The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.
Read More »Qatar Encourages Peaceful Use of Nuclear Energy
Qatar took part in the third international symposium to discuss ways to strengthen international efforts to reduce highly enriched uranium in the civilian nuclear sector around the world.
Read More »ADNOC joins Abu Dhabi World Energy Congress
For more than 45 years. ADNOC has been entrusted with Abu Dhabi’s oil and gas resources.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »Qatar Petroleum Looks to Invest $20bn in US Oil and Gas Fields
The state-owned company is looking at both shale and conventional resources in the US.
Read More »Saudi Arabia Is Planning to Pump More Oil in July
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day.
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