Saudi Arabia has priced its lighter crude at the widest premium to heavier oil in almost two years as new rules mandating cleaner shipping fuels drive demand for less-sulfurous grades.   Read Article  +

Saudi Arabia has priced its lighter crude at the widest premium to heavier oil in almost two years as new rules mandating cleaner shipping fuels drive demand for less-sulfurous grades.   Read Article  +

Qatar’s condensate production capacity is set to rise to 800,000-900,000 barrels per day (bpd) after 2024, from more than 700,000 bpd presently as it expands liquefied natural gas (LNG) production, Fereidun Fesharaki, chairman of consult...  +

Iran’s condensate inventories have ballooned after the United States clamped down on its oil sales with sanctions, Fereidun Fesharaki, chairman of energy consultancy FGE, said on Tuesday.   Read Article  +

Saudi Arabia this week put into motion the sale of shares in its petroleum behemoth, Saudi Aramco. The goal is not only to raise funds for a kingdom-wide redevelopment plan aimed at moving away from crude as a sole source of income, but ...  +

Saudi Arabia this week put into motion the sale of shares in its petroleum behemoth, Saudi Aramco. The goal is not only to raise funds for a kingdom-wide redevelopment plan aimed at moving away from crude as a sole source of income, but ...  +

Kazakhstan’s oil production is setting new daily records after maintenance works were completed at the country’s three big oil fields. Barring unforeseen issues, the Central Asian nation’s output looks set to stay well above its OPEC+ qu...  +

Kazakhstan’s oil production is setting new daily records after maintenance works were completed at the country’s three big oil fields. Barring unforeseen issues, the Central Asian nation’s output looks set to stay well above its OPEC+ qu...  +

India has further liberalized its energy sector by opening up its retail transportation fuel sector to non-oil companies, a move that will intensify competition in a segment dominated by state refiners, while private and global oil major...  +

India has further liberalized its energy sector by opening up its retail transportation fuel sector to non-oil companies, a move that will intensify competition in a segment dominated by state refiners, while private and global oil major...  +