OPEC+ decides against increasing oil production
Moscow has already made it clear that it will not supply oil...
OPEC
Energy Crisis: Is Europe Prepared?
The ongoing energy crisis has also resulted in increasing coal usage globally...
Switch from oil to renewable energy: UAE not quite there yet
The UAE announced plans to increase its oil production to 5 million...
Surging oil prices enhance financial position of Gulf countries: Moody’s
Moody's said that significant oil and gas producers could boost their production...
Growth dilemma of US energy sector
The US energy sector is not really in the most comfortable position...
Saudi Arabia’s economy is projected to grow 7% in 2022
The Saudi government also announced that the growth will be primarily driven...
Omicron fear is not going to dampen oil recovery: Aramco CEO
Nasser made this announcement in Dhahran to inaugurate the Jafurah gas field...
OPEC+ to stay cautious as oil market surplus comes in December
OPEC+ is gradually unwinding record production costs observed in 2020 by raising...
Arabian Pipes signs SAR 66 mn deal with Aramco to provide steel pipes
The contract has a duration of 14 months...
High oil demand might dampen recovery: OPEC
The regulatory body expects oil demand to average 99.49 million barrels per...