Saudi Aramco was the world’s most profitable company in 2018, easily surpassing U.S. behemoths including Apple Inc. and Exxon Mobil Corp., according to an extract of...
(Bloomberg) — In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company. Both BP and Shell are claiming the...
(Bloomberg) — The world’s biggest oil-exporting region may lose billions of dollars in annual revenue when an arcane United Nations requirement for ships to burn cleaner fuel...
Under the patronage of H. E. Ahmed bin Abdullah bin Mohammed Al Shuhi, Minister of Regional Municipalities and Water Resources, Oman Oil Marketing Company (OOMCO) recently...
(Bloomberg Opinion) — It’s remarkable what a little money can do. Faced with a declining reserve base and a government mandate to increase domestic production, PetroChina...
Petroleum Development Oman (PDO) has unveiled a significant new employment commitment by sponsoring the training of more than 2,000 young Omanis to work in sectors outside...
Petroleum Development Oman (PDO) has announced plans to ramp up oil production to a new level of 670,000 barrels per day (bpd) in the next five...
(Bloomberg) — OPEC and its allies have much work ahead to balance global oil markets and are prepared to do what’s necessary in the second half, Saudi...
iNNOVATEQ (Innovation Technical Solutions LLC) has announced that it has begun offering an innovative digital oilfield (DOF) platform called ‘Nibras’ to oil and gas companies in...
For 2019, global oil demand is foreseen increasing by around 1.24 mb/d to average 100.00 mb/d, reaching the 100 mb/d threshold for the first time on...
