Saturday, March 23, 2019

Saudi Arabia Makes Rare, Bullish Call on Oil in Its 2019...

Saudi Arabia’s government expects to earn more from oil next year, an optimism that defies most price forecasts for crude and contrasts with the...
Email

What’s So Funny About $1 Trillion? The Norwegians Who Manage It

It’s like “The Office,” but with a $1 trillion problem. That’s how director Harald Zwart describes his new sitcom that takes place at Norway’s wealth...
Email

Qatar Petroleum Buys Oil Stakes From Eni

Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal...
Email

How Machine Learning and AI Industry initiatives are shaping the oil...

Oil and Gas companies operate in dynamic and complex environments, where they face constant challenges especially in terms of supply and demand. Oil and...
Email

Qatar to Leave OPEC

Qatar, a member since 1961, is leaving OPEC next month to focus on its liquefied natural gas production, Energy Minister Saad Sherida Al-Kaabi told...
Email

Saudi Daily Oil Output Said to Surpass Record 11 Million Barrels

Saudi Arabia is pumping as much as 11.2 million barrels of crude a day, the most since the kingdom extracted its first oil eight...
Email

Aramco Plans to Invest $500 Billion as Oil Giant Expands Abroad

Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing...
Email

Aramco Said to Be Still Considering Range of Options for Sabic

Saudi Aramco is still considering a range of options to finance the acquisition of a controlling stake in the country’s largest chemical company, according...
Email

OOC and Orpic appoint new Group CEO

The board of directors of Oman Oil Company (OOC) and Oman Oil Refineries and petroleum industries company (Orpic) announced the appointment of Mr. Musab...
Email

PDO to support training of 50 students

Petroleum Development Oman (PDO) has signed a Memorandum of Understanding (MoU) with the Ministry of Education and Ministry of Higher Education to sponsor the...
Email