BlackRock CEO Larry Fink says oil prices might reach $100/barrel
Brent crude oil fell 28 cents to $85.71 per barrel in trading...
Category Oil and Gas
Petrobras’ production in the third quarter up by 1.2%
Oil production down by 4.1% when compared to the same period last...
Oil prices hit their highest levels since 2014 as demand recovers
Brent crude oil futures rose 87 cents, or 1%, to $85.73/ barrel...
Demand for natural gas in Arab countries is growing at 4.8% annually
The demand for natural gas in the wider Arab region is currently...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
Saudi Aramco to supply additional crude oil to north Asian buyers
Aramco will meet full supply volumes for next month...
Saudi Arabia’s Alturki Holdings oil arm acquires drilling firm Newsco
Sawafi will now control 9 patents in directional drilling...
TotalEnergies expect the world to reach peak oil demands by 2030
Oil demand would drop to 40 or 64 mn barrels per day...
Kuwait Oil Company to invest $1.6 bn on oil exploration in the next five years
The company aims to increase production to four mn bpd by 2040...
Oil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPO
This is the second public flotation of the Abu Dhabi owned oil...
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both...