OPEC and non-OPEC producers will hold an extraordinary meeting and do what is necessary to balance the market.
Read More »The Role of Artificial Intelligence in Oil & Gas
the oil and gas industry seems to be eager to adopt all sorts of digital technology.
Read More »Iraq Expects Improvement in Oil Prices Early Next Year
Iraq’s oil minister expects ``an improvement`` in oil prices at the beginning of next year.
Read More »Qatar`s Ambitious Plan with Malaysia. Turkey
Gas-rich Gulf state aims to escape blockade by diversifying economy.
Read More »Mitsui. Saudi Aramco. RDIF to Buy Stakes in Arctic LNG 2
Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.
Read More »Factory Turning Waste into Fuel Oil to be Built in East Kazakhstan
Governor of East Kazakhstan region Danial Akhmetov expressed support for the new project during his working visit to Ridder.
Read More »U.S. Oil Production to be Equal to Russia Plus Saudi Arabia by 2025
Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.
Read More »SOCAR. BP to Build Petrochemical Facility in Turkey
BP and SOCAR expect to work towards a potential final investment decision in 2019.
Read More »U.S. Shale Growth Could Offset OPEC’s Oil Cut
The 1.2-million-bpd cut is basically the currently expected production growth in the United States for next year.
Read More »Nigeria Cuts Oil Production to 1.685 million bpd
Iran. Libya and Venezuela are exempted from the cuts.
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