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Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »Qatargas Delivers Largest Single` LNG Cargo at Turkey`s Marmara Terminal
The Marmara LNG terminal is owned by BOTAS. the Turkish state-owned integrated gas company.
Read More »Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Hyundai Motor. Aramco will Cooperate on Hydrogen
South Korean carmaker Hyundai Motor will partner Aramco on the ``comprehensive`` development of hydrogen energy.
Read More »Saudi Arabia Hopes to Extend Opec Production Cuts by Early July
Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July. according to the country’s energy minister.
Read More »Saudi Energy Minister Hopes to Balance Oil Market before Next Year
Falih hopes oil producers will be able to balance the oil market before next year.
Read More »Tankers Attack A UAE Plot against Iran
A prominent Saudi expert said that the Emirati intelligence agency targets oil tankers in the Persian Gulf and the Sea of Oman in a move to inflame war against Iran.
Read More »All Crew of Damaged Oil Tankers in Sea of Oman Rescued by Iran
All crew members of the two oil tankers which were hit in the Sea of Oman were saved by Iranian rescue teams.
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