A 3rd and final gas production facility of the Bovanenkovskoye field is coming onstream in the Yamal Peninsula.
Read More »Aramco Raises Production. Cuts Pricing on most Crudes to Asia
Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.
Read More »Libya`s NOC Announces the Highest Revenue since 2013
NOC has announced year-to-date revenue for 2018 of 13.6 billion dollars. hitting the highest revenue since 2013.
Read More »US Crude Inventories Decrease 4.3 Million bbl
US crude oil imports averaged 7.7 million b d. up by 229.000 b d from the previous week.
Read More »Oil Market `Expects` OPEC to Extend Partnership with Other Producers
OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.
Read More »Oil Prices Decline on Emerging Market Woes. but Looming Iran Sanctions Support
U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.
Read More »Aramco`s First Delivery of Oil to RAPID Project
RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
Read More »Libya. Biggest Contributor to OPEC Oil Output
The second-largest production increase came from Iraq and the United Arab Emirates.
Read More »Schlumberger CEO: Transport Restrictions to Slow Shale Gains
The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
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