Oil prices to reach $75/barrel by end of 2021
Oil demand rose by 3.8 million barrels per day in June, which...
Category Oil and Gas
Iraq mulls increasing oil production to 8 mn bpd by 2027
The same was revealed by Iraqi oil minister Ihsan Abdul Jabbar...
Indonesia’s Pertamina takes over Chevron’s Rokan Block
Pertamina will invest $2 bn over the next four years to reverse...
Saudi Aramco expects high profits after finishing strong in the first half
Experts forecast that Aramco might see a net income of $23.7 bn...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
Iraq signs deal with Lebanon to supply 1 mn tons of fuel
The country is going through an economic crash that is threatening its...
OPEC+ to boost oil output by 400,000 barrels a day each month till Dec 21
The deal will also boost the oil output of regions like UAE,...
Saudi Aramco to raise billions from asset sales
Saudi Aramco raised around $12.4 bn by selling the leasing rights over...
Kuwait cancels the $2 bn Jurassic gas project
The move is being made to cut down on the capital expenditure...
Oil surges to 2018 highs forth OPEC+ meeting
The dispute between Iran and the US over a nuclear deal is...
Aramco sells $12.4 bn stakes in pipeline unit to EIG-led consortium
The consortium represents a broad section of investors from North America, Asia,...