OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »Trump`s Assumption about Oil Price Contradicts the Economic Reality
The US has recently taken a series of measures which amount to waging trade wars.
Read More »Barkindo Says Oil Prices not Artificial
The organization had invited the US shale oil producers to take part in its seminar in June in Vienna.
Read More »Oil-Price Fall would Carry Risks for US Economy
In recent years. American reliance on foreign petroleum has dropped.
Read More »Persian Gulf Star Refinery to be built in Iran
The volume of gasoline production in the refinery is to hit 24 million liters a day.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »Libya Fuel Smuggling Costing $750 Million a Year
Libya. holder of Africa’s largest crude reserves and an OPEC member. is already reeling from political divisions.
Read More »Gazprom and Saudi Aramco Expand Cooperation
Earlier this year. Russia and Saudi Arabia boosted further their energy ties.
Read More »BP to Develop Deep-Water Indian Gas Fields
The deep-water gas fields in India are part of the second phase of three projects and will bring fresh gas production to the country.
Read More »Eni`s Strategic Partnership with Sonatrach
Italy’s gas imports have tipped away from Algeria towards Russia in recent years as Algerian production has stagnated.
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