Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »Turkey Tries to Convince the US to Allow Iranian Oil Imports
The US decision damages regional cooperation and Turkey’s trade relations.
Read More »US Prevents Iran from Benefiting from JCPOA
Islamic Republic of Iran has fulfilled its commitments within the framework of Joint Comprehensive Plan of Action (JCPOA) fully.
Read More »End to Iran Sanction Waivers will Tighten Oil Markets in Short Term
The U.S. move increase the risk of conflict in the Middle East.
Read More »Oil Prices Rise as U.S. Looks to End Iran Sanction Waivers
South Korea is a major buyer of Iranian condensate.
Read More »US to Announce Iran Oil Sanctions Waivers Cancellation Starting May 2
The United States wants all countries to eventually cut their oil imports from Iran to zero.
Read More »Trump`s Dangerous Game
The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Signs of Recovery for Schlumberger. Halliburton amid Earnings Pain
Oil services were hit hard by the steep sell-off in the oil market that started in 2014.
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