Two platforms are supposed to be installed in this field by Iran soon.
Read More »Middle East Railways Vision Plan Drawn Up at RAME Summit
In the next summit. another document will be unveiled on the topic of corridors through the Middle East region which connect Asia to Europe.
Read More »Russia Cuts Oil Output by 300.790 bpd
Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.
Read More »Saudis Take 100% Control of America`s Largest Oil Refinery
Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.
Read More »Saudi Arabia May Cut June Light Crude Prices to Nine-Month Low
Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »OPEC May Announce Short Extension of Output Deal
OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.
Read More »Saudi Aramco will Boost Oil Loading Capacity with Reopened Terminal
The move will boost Aramco'.s ability to meet its commitments to customers and maintain its export capability from the kingdom'.s west coast.
Read More »Total Seeks Stake in Aramco
Taking part in the much-anticipated IPO of Saudi Arabian Oil Company. known as Saudi Aramco. is not off the table for oil major Total SA because it could be a good investment. the French group’s chief executive said on Thursday. “We may consider it.” Total’s CEO Patrick Pouyanne said. referring …
Read More »OPEC. Non-OPEC to Be Under Pressure to Extend Output Deal
Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.
Read More »Iran Becomes No.2 Oil Supplier to South Korea in First Quarter
Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.
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