New oil production in African nations could impact OPEC production targets.
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India’s ONGC, ADNOC in $600mn oil deal
The deal covers 10% of the Lower Zakum offshore oilfield.
Oil prices continue to retreat
Oil prices maintain downward spiral, spooked by market jitters and increasing US production.
Oil drives Saudi economic growth in 2018
Hydrocarbon sector set for better year according to Jadwa report.
Oil Minister highlights key Bahrain projects
Bahrain’s key hydrocarbon projects have attracted major investment from a variety of local and international banks.
Oil analysts pour water on oil price
Survey of economists suggests price set to dip in coming months.
Abu Dhabi to host largest oil & gas event fully dedicated to R&D
RDPETRO, formerly known as ADRAC, is expanded in 2018 to attract global innovators from within and outside the oil and gas industry, technology companies, start-ups and academia.
ExxonMobil to spend almost $40bn on oil projects
UAE’s Upper Zakum field drives major share of US oil major’s production.
ExxonMobil named 2017 ‘Explorer of the Year’ by World Oil and Gas Council
During the year, ExxonMobil announced a number of discoveries, acquisitions and other activities in various countries, including Brazil, Cyprus, Equatorial Guinea, Guyana, Mauritania, Papua New Guinea and Suriname.
US set to surpass Saudi in oil output
As Saudi Arabia continues to hold back its oil production, the US is set to ramp up its supply to the market.