The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »Qatar Defends OPEC against Accusations
Donald Trump recently accused OPEC of ``ripping off`` the world.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Saudi Arabia Plans Oil Production Rise in October. November
Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Saudi Postpones $200 Billion Softbank Solar Project
This project expected to have the capacity to produce up to 200 gigawatts by 2030.
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
Read More »Iran will Build Crude Oil Storage Facility at Gulf of Oman Port
Omid Investment Management Group Co. also signed the deal. under which construction should be completed within three years.
Read More »Aramco Plans to Boost Oil Capacity by 550.000bpd in Q4
The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
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