Russia’s Rosneft Dismisses OPEC as Regulator

• Thursday, 23rd June 2016
• by Egypt Oil & Gas

Head of Russia's top oil producer Rosneft said that Saudi Arabia, the United States and Russia were the three main players on global oil markets and the role of OPEC was evaporating.

Hi-tech and Big Data Steps Into the U.S. Oil Industry

• Sunday, 29th March 2015
• by Egypt Oil & Gas

With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies ...

Exxon Turns to U.S. Shale Fields to Lead International Growth

• Monday, 9th March 2015
• by Egypt Oil & Gas

In a world of $55 a barrel oil, Exxon Mobil Corp. is relying on shale fields in Texas, Oklahoma and North Dakota to help fund the next wave of big overseas projects it needs to thrive in the future.