State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.
Read More »BP Strengthens Oman Gas Ties
With its Khazzan field boosting Oman'.s liquefied natural gas output. BP has moved into marketing the fuel.
Read More »Iran Overtakes Qatar in Extraction of Gas from South Pars Field
Iran'.s gas production output from the joint field with Qatar will increase by 100 million cubic meters in the near future.
Read More »Saudi Aramco Considers Expansion in US
Aramco already controls a large refinery in Texas. after it bought over partner Shell’s stakes in Motiva in March 2016.
Read More »Raise of South Pars Output to Meet Growing Gas Demand
South Pars is being developed in 24 phases.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »What`s Behind Russia and Saudi Arabia`s Oil `Bromance`?
In global politics. as in business. there are no ``friends`` and there is no ``bromance.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »Gazprom. Kogas Consider LNG Cooperation
Gazprom and Kogas inked an agreement of cooperation in 2016.
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