Iran Deal: Saudi Arabia Will Not Act Unilaterally in Oil Markets

• Thursday, 10th May 2018
• by Editorial Team

Riyadh is working closely with the UAE and Russia on "coordination and market consultations," regarding the impact of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear deal, an OPEC source ...

UAE Replaces Qatar Condensate with US Oil Cargo

• Wednesday, 26th July 2017
• by Editorial Team

Abu Dhabi National Oil Company (ADNOC) purchased an American Eagle Ford condensate cargo in a tender for September arrival.

Aramco to Invest $18b in Expansion in the Americas

• Sunday, 28th May 2017
• by Editorial Team

Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.

Saudi Arabia Strenghen Ties With US

• Thursday, 25th May 2017
• by Editorial Team

US companies signed deals worth billions of dollars with Saudi Arabia’s oil and gas industry.

OPEC Loses $76b for US Shale

• Tuesday, 16th May 2017
• by Editorial Team

OPEC lost $76b in 2016 due to low oil prices caused by rising US oil production.

Nigeria Loses Oil buyers to the US

• Sunday, 2nd April 2017
• by

While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.

El Molla Met with Apache’s CEO

• Sunday, 2nd April 2017
• by Dr. Mahinaz El-Baz

Egyptian Minister of Petroleum, Tarek El Molla, met with Apache's CEO, John Christmann to discuss expanding the company’s exploration projects in Egypt.

Saudi Arabia Cuts Oil Supplies to the US

• Sunday, 26th March 2017
• by Sarah Samir

Saudi Arabia's oil exports to the US will decrease by around 300,000b/d during March, and total shipments would remain around March levels in the coming months.

Total Eyes 50% Stake in Iran’s South Pars 11

• Sunday, 19th March 2017
• by Editorial Team

France’s energy giant Total is soliciting permission from US authorities to implement a slew of projects worth several billion dollars in Iran.

Nigeria’s Crude Oil Exports to US Triple

• Wednesday, 8th March 2017
• by

Nigeria tripled the volume of it’s crude oil exports to the United States from last year, seven years after the US began depending less on Nigeria’s crude.