Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.
Read More »UAE will Adhere to Any OPEC Decision
The capital plans to boost oil output capacity to 4 million bpd by 2020 and 5 million bpd by 2030.
Read More »Aramco Initial Public Offering will ‘Certainly’ Happen
Saudi Aramco is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic).
Read More »Aramco Mulls Cooperation with Russian Energy Firms
Amin Nasser held talks with heads of Russian oil giants. Rosneft and Gazprom. in Moscow on Friday to discuss cooperation.
Read More »Adnoc Signs 10-Year Contract for LPG Supply with China
The agreement is in line with recent trends towards locking in longer-term supply of products in Asia.
Read More »Iran. Saudi Arabia Agree on Coordination Ahead of OPEC Meet
A possibility of oil production cut in 2019 looms large as OPEC and its allies are expected to meet in Abu Dhabi.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Saudi Arabia Discussing Proposal to Cut Oil Output by up to 1 mn bpd by OPEC and Allies
The United States this month imposed sanctions curtailing Iran'.s oil exports.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »UAE Increase Oil and Gas Production as Iran Sanctions Hit
Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
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