Latest news
Saudis To Boost Oil Pipeline Capacity To Bypass Strait of Hormuz
Saudi Arabia is looking to raise the capacity of its east-west oil pipeline to 7 million bpd in two years from the current 5 million bpd, the Kingdom’s energy minister Khalid al-Falih told Reuters on Thursday.
read more... 26/07/2019
Israel To Begin Exporting Natural Gas To Egypt Soon
Israel is set to start natural gas exports to Egypt within four months, Israeli Energy Minister Yuval Steinitz told Reuters on Wednesday.
read more... 25/07/2019
Russian oil output falls to near 3-yr low in early July - sources
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day (bpd), dragged down by declining output at Rosneft , the country’s largest oil producer, industry sources told Reuters on Tuesday.
read more... 10/07/2019
Russia's oil output falls to 11.126 million bpd on May 1-26
Russia’s oil production fell to 11.126 million barrels per day (bpd) between May 1 and 26, two industry sources told Reuters on Monday.
read more... 28/05/2019
Verus Petroleum to be sold by Hitec Vision
The company is financially backed by upstream oil and gas private equity firm HitecVision, and is projected to sell for up to $500 million. Investment bank Jefferies will act as a mediator, according to Reuters.
read more... 25/02/2019