Tag Archives: Reuters International News Agency

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

Rosneft supplies Germany with fuel via petrol stations operated by its partners BP and Total.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.

The statement comes in response to anti-Iran rhetoric by the US. which is currently pressing allies to cut off Iranian crude exports.

The parent company of Sinopec Corp. Sinopec Group is already operating thermal power business in Xiongan.

Oil supplies from Iran should be completely stopped by October.

The United States is expected to become the world’s third biggest LNG exporter by capacity in 2019.

Aramco’s push into chemicals also includes a mega project it is building at home with SABIC.