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Saudi Aramco records $11.8 in third-quarter 2020 net income, declares $18.75b dividend
The Saudi oil giant Aramco recorded a net income of $11.8 billion between July and end September, while confirming that it will be paying another $18.75 bil
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022020-12

Russian oil giant announces start of vast Arctic project
Russian oil giant Rosneft on Wednesday announced the start of operations for its giant Vostok oil project in the Arctic, part of the country's strategic en

242020-11

Kazakhstan to produce 86 million tons of oil in 2021
Kazakhstan is projected to produce 86 million tons of oil next year, according to the country's Minister of National Economy Ruslan Dalenov on Thursday.

182020-11

Halliburton builds one of the largest mud plants in the hemisphere, expands local workforce in Guyana
US oil field service company Halliburton has been steadily expanding its activities in Guyana since setting up operations in 2015 which has seen the establi

122020-11

Saudi Aramco records $11.8 in third-quarter 2020 net income, declares $18.75b dividend
The Saudi oil giant Aramco recorded a net income of $11.8 billion between July and end September, while confirming that it will be paying another $18.75 bil

282020-10

North America Oil Bankruptcy Debt Hits All Time High
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high.That’s what Rystad Energy said in a statemen

222020-10

Japan’s monthly LNG imports edge up
Japanese imports of liquefied natural gas (LNG) edged up in September following a two-month decrease. The provisional data released by Japan’s Mini

162020-10

Global oil demand to recover by 2022: Aramco
Global demand for crude could recover to pre-coronavirus levels by 2022, Saudi Aramco said Tuesday, as the International Energy Agency projected it could ta

102020-10

Saudi petchem sector on steady recovery: report
Polymer prices in Saudi Arabia have been recovering steadily after dropping significantly in the second quarter (Q2) of the year due to the pandemic, a repo

292020-09

Oil Heavyweights Look Ready for a Showdown
Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to appr

222020-09

Oil Steady After Best Week Since June Amid Demand Uncertainty
Oil steadied following its biggest weekly gain since June as a lack of clarity over the global energy demand recovery was balanced by the possibility that S
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