Tag Archives: Persian Gulf Countries

Abu Dhabi Oil and Gas Exhibition (ADIPEC)

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.

Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.

Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.

OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.

The move will boost Aramco'.s ability to meet its commitments to customers and maintain its export capability from the kingdom'.s west coast.

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 …

Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.

Iraq has started work on the third and final phase of the Halfaya oil field expansion.

Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.