Tag Archives: The National

Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.

North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.

``Davos in the Desert`` has more than 150 speakers from 140 different organizations and 17 global partner entities.

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.

Saudi Arabia is India’s second largest oil supplier after Iraq.

India is the world’s third-largest consumer of oil.

Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.

Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.

Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.