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Month

July 2018
oil rig in the sea in saudi
Date: 17 July 2018 Saudi offer extra crude volume in Asia as OPEC leader plans high output Saudi Arabia is offering extra oil in addition to its normal supply to some of the buyers in Asia as the OPEC leader plans to increase output, heeding to the call of U.S President to increase the oil...
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onshore oil company
Date: 16 July 2018 Woodmac: OPEC will continue to be a key player in oil market till 2040 According to a report by Wood Mackenzie, OPEC will continue to be an important player in the oil market until 2040. The global natural resources consultancy also reported that it expects continued growth in production through the...
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oil rig in the sea
Date: 16 July 2018 Tidewater set to buy GulfMark as oil producers return to offshore drilling Tidewater Inc. is all set to expand its territory to the North Sea basin in UK where a 30% rise in the prices of oil since 2016 end has led to increased rates for operators. Tidewater Inc. announced that...
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photograph of an oil rig
Date – 7/16/2018 Iraq says oil output remains unchanged in the face of protests   Residents in the southern province of Basra started protests last week asking for employment at the major oil fields in the country which are run by international players such as Lukoil PJSC and ExxonMobil Corp. Iraq has seen regular protests...
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