Iran and the Group 5+1 reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.
Read More »Global Oil Demand to Withstand Rise of Electric Vehicles: IEA
The IEA estimates that U.S. crude oil is expected to rise until reaching a peak in the 2020s of about 17 million bpd.
Read More »Aramco CEO: IPO Preparations Ongoing. No Decision on Venue Abroad
After extensive studies of other international stock markets. the ``right`` decision on the international venue will be taken ``at the right time``.
Read More »OPEC Points to Larger 2018 Oil Supply Deficit as Market Tightens
OPEC and its allies are discussing extending their supply pact for as long as nine months.
Read More »Oil Markets Cautious on Middle East Tensions. Increased U.S. Drilling
U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.
Read More »Saudi Suspends Oil Supply to Bahrain after Oil Pipe Explosion
An oil pipe exploded in Buri village in Bahrain on Friday night.
Read More »Saudi Arabia Remains Committed to Climate Accord
Khalid al-Falih’s statement came as almost 200 countries started talks in Germany to bolster a global climate accord that the United States plans to quit.
Read More »Big Oil Back To Boosting Shareholder Returns
As the higher oil prices and the cost cuts resulted in strong cash flows for Big Oil. the companies are now trying to reward their shareholders.
Read More »France`s Total Buys Engie`s LNG Assets for $1.5 Billion
Total said the portfolio includes all of Engie’s LNG trading and liquefaction assets.
Read More »China Energy Investment signs MOU for $83.7 bln in West Virginia projects
The agreement also underscores China Energy’s ambition to diversify its business into natural gas and the refining sector.
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