India and Saudi Arabia are going to build a crude-oil refinery with an intended capacity of 1.2 million barrels a day in the Western Indian state
Category: Oil
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 anything out. One of the possibilities
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 expansion of their joint venture refinery
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 supplies by major exporters for up
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 bolster its position against the backdrop
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 to move ahead with a listing
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 opened energy sector. He has rattled
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 the old continent is promoting the
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 boom is nowhere to be seen.
Exxon Forced to Halt Exploration in Russia’s Siberia Due to Sanctions
US sanctions against Russia prevented Exxon Mobil Corp from proceeding with its ambitious projects to explore the north of Siberia for oil. The American oil