Tag Archives: Oil Price

Taking part in the much-anticipated IPO of Saudi Arabian Oil Company. known as Saudi Aramco. is not off the table for oil major Total SA because it could be a good investment. the French group’s chief executive said on Thursday. “We may consider it.” Total’s CEO Patrick Pouyanne said. referring …

For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.

SOCAR uses Guneshli’s export revenue to subsidize the company’s less profitable onshore fields.

Iran is pushing with plans to play a bigger role in the global energy mix.

Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.

The IPC has more flexible terms that take into account oil price fluctuations and investment risks.

Russia has promised to cut its daily oil output by up to 300.000 barrels in a gradual manner.

Committed energy investments are 2 per cent higher than last year’s projection for the 2016 to 2020 period.

Iran’s oil output is 976.000 b/d more than the 2015 average.

Iran’s light crude oil price rose by $1.24 in the mentioned period registering a record rise among other producing countries.