Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Aramco`s 2018 IPO Schedule Is Wavering
The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.
Read More »Statoil and Masdar to Explore Offshore Wind Storage
Energy storage is key to overcoming these challenges and unlocking the full potential of renewables.
Read More »IMF Predicts Saudi Arabia Growth Outlook
The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »Khalid Al-Falih: still Anxious about Fragility of Oil Market
There’s an acceptance that the OPEC-led deal should extend beyond 2018. Falih said.
Read More »Saudi Arabia keeps First-Quarter Crude Exports at around 7 mbpd
The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March.
Read More »Two Big Oil Seeking Smooth Exit from Cuts
OPEC and its partners see merit in maintaining their curbs into 2019.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »Refined Oil Exports Offset Saudi`s Crude Curbs
OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »