Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »Iran Persian Gulf Oil Production to Rise
The daily production of this field is 140.000 barrels of oil from near 90 wells.
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 »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »ExxonMobil Plans Rise Permian Shale Production
ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »Aramco Swaps Oil for Fuel to Tap New Markets
State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.
Read More »Saudi Aramco Considers Expansion in US
Aramco already controls a large refinery in Texas. after it bought over partner Shell’s stakes in Motiva in March 2016.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »What`s Behind Russia and Saudi Arabia`s Oil `Bromance`?
In global politics. as in business. there are no ``friends`` and there is no ``bromance.
Read More »