Aramco already controls a large refinery in Texas. after it bought over partner Shell’s stakes in Motiva in March 2016.
Read More »US Expands Anti-Russia Sanctions Related to Ukrainian Crisis
Washington has introduced several rounds of sanctions against Russian businessmen. politicians. enterprises. and economic sectors over the Ukranian crisis.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Novak: Sanctions against Russia’s Senior Energy Officials Illegal
Russia will be waiting for some explanation from US.
Read More »Tillerson: Nord Stream 2 Pipeline would Undermine Europe`s Energy Security
Like Poland. the United States opposes the Nord Stream 2 pipeline.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »World’s largest hedge fund Considers Brent at $80 on OPEC cuts
With crude inventories down. Goldberg expects Brent to climb about 15% from current levels of $68.50 bbl to about $80 bbl.
Read More »Natural Gas. Primary Energy Source in US
The EIA expects the cost of natural gas for electricity generation to remain ``relatively competitive`` with coal over the next two years.
Read More »Big Oil Hiring Women. but the Trouble is Keeping them
Seventeen percent of Conoco’s top leadership and 28 percent of its professional employees were women in 2016.
Read More »OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
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