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Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.
Read More »Kuwait Expects to Seal New Deals to Supply Oil to Chinese Buyers
Shell CEO van Beurden says oil prices will be around $60 by the end of the decade
Van Beurden said forecasting oil prices in the short term was ".very difficult.". but he still expected gains.
Read More »Statoil and Partners Plan Output Capacity Expansion at Norway`s Troll Gas Field
The other partners are oil majors Shell with 8.1 percent. Total with 3.7 percent and ConocoPhillips with 1.6 percent.
Read More »U.S. Shale Oil Producers Profitable Despite Low Crude Prices
U.S. crude for November delivery stood around $52 per barrel on Tuesday.
Read More »Oil Min: OPEC`s Pact Compliance `Acceptable`. Some Changes Needed
OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.
Read More »Iran Says to Keep Crude. Condensate Exports at Around 2.6 Million bpd in 2017
NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.
Read More »Iraqi Government Asks Foreign Countries to Stop Oil Trade with Kurdistan
Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.
Read More »Chevron to Invest $4 Billion to Boost Permian Basin Output
The Permian is the powerhouse (of U.S. crude output growth).
Read More »Iran Condensate Exports to Hit 5-Month Low in October
Iran has struggled to expand oil exports after it sold all the oil it had stored for years at sea earlier this year.
Read More »France`s Total Sells Its Italian Gas Business to UGI
The sale is part of a move by the company to sells its assets in the Italian downstream retail market.
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