Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.
Read More »As Qatar Row Smolders. World Markets Tot up Dependence on Gulf Petrodollars
Qatari banks. whose $50 billion external liabilities dwarf central bank reserves. may need more aid if the crisis deepens.
Read More »Eni to Start Supplying LNG to Pakistan in December
Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.
Read More »Iran: US Oil Boom Pushed Prices Down
The US shale oil output will make up more than half of the 1.5 mb d in non-OPEC supply growth forecast for the next year.
Read More »North Sea Oil Firms `Eye Growth Despite Brexit Fears`
Almost 60% of businesses expect to expand this year. Bank of Scotland report finds.
Read More »Norway Boosts Protection Against Unwanted M&A in Oil
An extraordinary metal that is vital to the electric car boom is facing a critical shortage.
Read More »Iraq May Consider Avoid Crude Production
SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.
Read More »Saudi Arabia: We Could Live with $40 Oil in 2020
Saudi Arabia still loses sleep over the price of oil. Not for much longer.
Read More »Brent Crude Oil to Rise
Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Afghanistan Imports 30% of Oil. Gas from Iran
Afghanistan is importing all its oil and gas from Iran. Turkmenistan. Kazakhstan and sometimes from Iraq.
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