Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
Read More »UAE Energy Minister Plays Down Impact of US Withdrawal from Iran Deal on OPEC
The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.
Read More »India has Saudi Assurances on supply as Oil Hits $80 per barrel
OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.
Read More »Qatar Petroleum to Develop Petrochemicals Complex
Both Saudi Aramco and ADNOC. have announced massive plans to boost their refining capacity and petrochemicals business.
Read More »ADNOC to Become Leading Global Downstream Player
Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.
Read More »Novak Plans to Discuss U.S. Withdrawal from Iran Deal with Saudi Falih
Global oil prices are currently under the influence of geopolitics.
Read More »Total and Shell to Develop New Gas Resources in Oman
Total has signed a MoU with the Government of Oman to develop natural gas resources in Oman.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »OPEC Oil Capacity ‘Buffer’ to Offsetting Iran Sanctions
A U.S. withdrawal from the Iran nuclear accord could lead to 1 million barrels off the market.
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