Latest news

Aramco is likely to use Egyptian Pipeline to convey oil to Europe

Selling more oil to Europe is the strategical and economical purpose of the Saudi Aramco. 

read more... 12/09/2017

news

Daily (12.09.2017): Increase in the U.S oil prices, as refineries restart operations

Oil prices soared on Monday as most important U.S. refineries relaunched operations after Hurricane Harvey, which might help resuscitate crude oil processing.

read more... 12/09/2017

news

Chinese Energy Company buys from Qatar 14 % share in Rosneft

Chinese energy company is ready to pay around $9 billion for 14% share in Russian oil giant PAO Rosneft.

read more... 11/09/2017

news

Solar panel prices will go high as EU sets up tariff on Chinese imports

Analysts foresee a price increase up to 30% on Chinese solar modules because of duties to be applied by EU.

read more... 11/09/2017

news

Statoil: Sanctions are not an obstacle for the oilfield agreement with Rosneft

Norway’s Statoil declared that the deal with Russia’s Rosneft aiming to develop the onshore North Komsomolskoye oilfield was according to the European Union and U.S. sanctions on Russia over the conflict in Ukraine.

read more... 08/09/2017

news