Trump: “I love Oil We are Cooperating with the Kurds as we Work With Turkey and any Other Countries. “

US President Donald Trump has said he wants US troops in Syria to return home, saying his country has secured oil fields in northeastern Syria. Trump: We want the countries…

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SNC Wins $ 52 Million Oil Contract in United Arab Emirates

SNC-Lavalin announced Monday that it has secured a $ 52 million contract from Al Yasat Petroleum Joint Venture formed by Abu Dhabi National Oil Company and China National Petroleum Corporation…

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Saudi Oil Exports Rise to the World’s Largest Crude Importer

China’s imports, the world’s largest crude oil importer, rose 43 percent last month, returning Saudi Arabia to the world’s second largest crude oil supplier driven by rising demand from new…

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Saudi Arabia: “We Welcome the US Decision to Impose A Moratorium on Importing Oil from Iran”

The Saudi foreign minister welcomed the US decision to compel its allies to stop importing oil from Iran. “Saudi Arabia fully supports the move,” he said, “because it is necessary…

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Russia Cuts Oil Production in Line with OPEC Agreement

Russian Energy Minister Alexander Novak told reporters in Moscow today that his country is cutting oil production in line with the global production agreement between OPEC and its allies. The…

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India will start Buying Oil from Iran in Rupees

 From November, İndia will start buying oil  from Iran in rupees rather than in euros. India will settle Iranian oil payments with local rupee  beginning in November, as US sanctions…

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