Saudi Aramco’s dividend payout to boost government surplus as GDP growth slows down
Lower oil prices took a hit on Saudi Aramco's second quarter results,...
Category Oil and Gas
Fuel subsidy reforms credit positive for Nigeria: Fitch
Despite numerous attempts at reform, Nigeria was not able to successfully abolish...
OPEC+ to extend oil production cuts into 2024
In a statement, OPEC announced that the next ministerial meeting involving both...
Analysts predict rosy picture for China’s oil sector
In 2022, China's refineries posted their first annual decline in throughput since...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
Chinese demand to drive oil sector growth in 2023: Morgan Stanley
Morgan Stanley stated that it anticipates a rise in global oil consumption...
Will Ukraine war continue to affect oil prices? Experts answer
While some experts feel that the war impacted the global gas markets...
Saudi Arabia remains China’s leading crude oil supplier in 2022
Chinese customs didn't record any imports of Venezuelan crude during the entire...
OPEC+ decides against increasing oil production
Moscow has already made it clear that it will not supply oil...
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...