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Aramco formally announced a plan this week to launch an IPO on its domestic exchange on Dec. 11.
Read More »Saudi Arabia to Press for Higher Oil Prices ahead of Aramco IPO
Kuwait will Cut Oil Targets over Climate Concerns
Kuwait is currently the fourth-largest oil producer in OPEC.
Read More »OPEC Fully Supports Paris Climate Pact
OPEC is fully engaged with the Paris Agreement.
Read More »OPEC Expects Oil Market Share to Diminish
US shale output is expected to reach 16.9 million bpd in 2024.
Read More »Upcoming OPEC Meeting to Discuss Output Reduction
OTC had so far been awarded €3.6 billion in projects which had been fully delivered.
Read More »Upcoming OPEC Meeting to Discuss Output Reduction
Iranian Minister of Petroleum Bijan Zangeneh said that the best support for domestic companies and manufacturers was to provide them with a job market. adding. We need investment to create jobs.
Read More »Abu Dhabi Adds 7 Billion Barrels of Oil to Its Reserves
The increase in the oil and gas reserves in the UAE makes the OPEC Middle Eastern producer 6th in both oil and gas reserves in the world.
Read More »OPEC`s Market Share Shrinking for Years as Shale Triumphs
OPEC will remain under pressure from rising U.S. oil output.
Read More »Oil Minister Sees more Output Cuts by OPEC at Next Meeting
Iran expects further production cuts to be agreed at the next meeting of OPEC in December.
Read More »Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia has failed to meet its OPEC+ obligations for seven months this year.
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