The oil market can expect a “significant improvement in market conditions” which will benefit producers, operators, the supply chain and the financial industry alike, said HE Khalid A Al Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Aramco, speaking at the Oil and Money conference in London on 19 October
Due to high demand from both national and international companies, Petroleum Conference – Iran has been scheduled for 30 January – 1 February 2017 to cover all aspects of the oil, gas and petrochemical sectors, with a particular focus on midstream and downstream opportunities
Saudi Aramco is targeting 2018 for what could be the world’s largest initial public offering (IPO), the company president and CEO Amin Nasser said
The largest LNG producer in the world has singed a five-year sales and purchase agreement with Petronas LNG UK, expanding a strategic import deal to Europe
Oil prices fell after a one year high was reported after the Organisation of Petroleum Exporting Countries were trying to agree to cap production for a minimum of six months.