Most Chinese oilfields can break even with oil at $70 per barrel.
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »New Yamal LNG Carrier Named
MOL highlights that the Arctic is a rich repository of natural resources.
Read More »Saudi. UAE Turning OPEC into Tool for US
Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.
Read More »Iran’s Export Pain Could Mean a Tightening Oil Market
This winter could turn out to be a hot one indeed for oil markets.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »IEA warns of higher oil prices as Iran. Venezuela Supply losses
Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.
Read More »U.S. not Able to Bring Iran`s Oil Export to Zero
The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
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