Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
Read More »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
ADNOC Distribution is the leading fuel distributor in the UAE. with a market share of around 67 percent in the country by number of retail fuel service stations.
Read More »Aramco Sees Oil Market Balanced as UAE Dismisses Shale Threat
Oil markets are on track to come into balance next year.
Read More »Saudi Aramco. SABIC to Sign MoU on $25 Billion Oil to Chemicals Complex
The two companies had agreed in June 2016 to conduct a feasibility study for the project.
Read More »Iraq and Kuwait Near Agreement on Price for Gas Exports
Iraq hired Japan’s Toyo Engineering to help build the project.
Read More »Why Qatar Boycott could be a Boon for Asian Countries?
Qatar has had to compensate for its loss of port facilities. primarily in the UAE by diverting to Salalah in Oman and Singapore.
Read More »Iraq Wants To Build Gas Pipeline to Kuwait in Blow to Shell
Iraq is furious at Shell and prospects don’t look that great for the Basra gas company.
Read More »Saudi Arabia Aims at Extending OPEC Deal to 2018-End
Many experts and officials are expecting the output cut agreement to be extended.
Read More »Qatar will Remain World’s Top Clean Energy Producer
Very few new LNG projects are expected to come in the earlier part of the next decade.
Read More »OPEC. Russia have Showdown over US Shale Drilling Ahead of Meeting
Saudi Arabia and Russia have been the drivers of the production agreement.
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