Tag Archives: Persian Gulf Countries

Global benchmark Brent crude oil futures were trading at $70.78 a barrel at 0342 GMT.

Sinopec put in the request earlier this week after national oil company Saudi Aramco set higher-than-expected prices.

There has been worry both in Saudi Arabia and abroad that Tadawul will not be able to take in the placement of Aramco shares without suffering a major strain.

The French oil major intends to enlarge its refinery joint venture with state oil giant Saudi Aramco.

ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.

The Ghazeer project is expected to come onstream in 2021.

Chevron Phillips is considering building a second ethane cracker on the Gulf Coast of Texas.

The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.

The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.

Russia has been a ``great partner`` in the cuts agreement.