In 2017. demand for OPEC crude is projected at 31.9 mb d. around 0.2 mb d higher than in the current year.
Read More »National Oil Companies `Seeing Need for Restructuring`
Singapore serves as Asia'.s oil hub and is one of the world'.s top three export refining centers.
Read More »Petronas Targets New Markets for LNG
Malaysia relies on its only Fortune 500 company for nearly a third of its oil and gas-related revenue.
Read More »Oil Prices Inch Down on High Stocks. Weak China Factories Survey
The Organization of the Petroleum Exporting Countries (OPEC)meets this month to discuss oil supply policy.
Read More »Total Seeks Stake in Aramco
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 …
Read More »Schlumberger Revenues Grow
For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.
Read More »SOCAR Boosts Caspian Resources Output
SOCAR uses Guneshli’s export revenue to subsidize the company’s less profitable onshore fields.
Read More »New Oil Contracts Will Rouse Iran`s Job Market
Iran is pushing with plans to play a bigger role in the global energy mix.
Read More »Analysts Say Russia will Continue Participating in OPEC Oil Cut Deal
Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.
Read More »IPC Oil Contracts will Boost Foreign Investment
The IPC has more flexible terms that take into account oil price fluctuations and investment risks.
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