Oil

LNG

Qatar Petroleum: Coronavirus Turmoil Will not Stop LNG Expansion Abroad

Qatar Petroleum is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic.

LNG

US FERC Approves US $10bn Jordan Cove LNG Project

The US Federal Energy Regulatory Commission (FERC) has issued a certificate of approval to Pembina Pipeline to implement the proposed US $10bn Jordan Cove LNG p…

Oil Price

Oil Rises 3% on Hopes for Output Cut as Coronavirus Ravages Demand

Oil prices rose on Tuesday as hopes grew that the world's major oil producers would agree to cut production.

Crude Oil

The World’s Biggest Oil Deal Can’t Save Crude Prices

G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-pr…

Securing and Supplying Oils and Batteries

Tender are Invited for Providing Securing and Supplying Oils and Batteries for the Municipality of Ahadarfa Governorate

Crude Oil

OPEC’s Plan To Take Over The Global Oil Industry

The first three months of 2020 have shocked the global energy market to its foundations.

Crude Oil

OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts

Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…

Oil Price

The OPEC+ Meeting Could Send Oil Prices Crashing Below $10

The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified.

Market Analysis

Oil Industry Joins The Fight Against Coronavirus

The supermajor is also offering free food and drink to healthcare professionals at 15,000 retail outlets globally as well as to truck drivers and delivery perso…

Oil Price

Russian Oil Firms Ready To Agree To A Production Cut Deal

With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…

Oil & Gas Trade

Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to

President Donald Trump said on Saturday that he "does not care about OPEC" and that he will put tariffs on oil imports to the United States if he has to in orde…

Oil Shale

Saudi Arabia Denies Trying to kill US Shale, Shifts Blame for Oil Supply Glut on Russia

Rejecting the accusation as “fully devoid of truth,” Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud insisted that the Kingdom is and has always been …

Oil Price

Oil Price Barrels Ahead As OPEC Flags Meeting

The price of crude oil surged again Friday after OPEC said it would talk to non-members.

Crude Oil

Fuel Consumption Sees Drastic Drop

Despite petrol bunks having remained open during the lockdown period, the consumption of diesel and petrol has come down drastically.

Oil Price

Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax

Fuel prices in west Bengal, maharashtra and karnataka rose by a litre.