Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »ADNOC Mulls to Take Stake in Ratnagiri Refinery Project
UAE supplies a small quantity of oil to India.
Read More »Saudi Aramco Considers Presence in India`s Entire Energy Sector
Aramco is looking at ``all options`` to enter fuel retailing through partnerships with Indian oil companies.
Read More »Saudi Arabia Invites Russia to Join OPEC as Observer
The idea to bump output has been advocated by Saudi Arabia and Russia.
Read More »Oman Continue Iran Gas Pipeline
The governments of Iran and Oman signed an agreement in 2013 for the construction of the 400-kilometre pipeline.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »Oil Rose to $74.84 per Barrel as OPEC Agrees to Increase Output
OPEC and its allies have since last year been participating in a pact to cut output by 1.8 million bpd.
Read More »EU Studies Qatar’s Long-Term LNG Contracts
Qatar is the world´s biggest LNG producer.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
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