Market Update: China-US Tariff War to Negatively Impact Global Oil Consumption
The world’s oil consumption could be negatively affected by the escalating trade dispute between the United States and China, …
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India’s Oil Game-Changer: Saudi Aramco Setting Foot in India’s Oil Sector with a $44 Bn Project
India and Saudi Arabia are going to build a crude-oil refinery with an intended capacity of 1.2 million barrels a …
Canada Eyes Solutions to the Halt of Trans Mountain Pipeline Extension
The Canadian government announced that it was considering all its options on the Trans Mountain pipeline expansion, not ruling …
Saudi Aramco and French Total to Expand World’s Leading Refining Hub
Saudi state-run giant Aramco and French oil company Total are planning to sign a deal next week for the …
Market Update: Saudis and Russians Working on a Historic Long-Term Oil Pact
Saudi Arabia and Russia are working on a landmark long-term deal that could extend the limitations on world oil …
Market Update: Azerbaijan in Talks to Join OPEC, Following Energy-Rich Sub-African Countries
Azerbaijan is in talks to join the Organization of Petroleum Exporting Countries (OPEC) as the cartel is looking to …
Saudis Scale Back on Public Listing of Giant Aramco
Saudi Arabia is taming its ambitions for a public offering for its oil company Aramco. The country has decided …
Mexico’s Front-Runner Presidential Candidate Seeks the Closure of Oil Sector
Andres Manuel López Obrador, the front-runner in the upcoming Mexican presidential election, is seeking to revamp the country’s newly …
Europe’s Oil Exploration: Energy Business to Break Even at $60 per Barrel
Europe is typically not seen as the first place that comes to mind when thinking about oil production, yet …
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated …