Oil will play a key role in meeting future global energy demand

Oil will play a key role in meeting future global energy demand

Saudi Aramco President and Chief Executive Officer Amin H. Nasser said today as the global oil market rebalances, the industry needs to avoid letting...
Saudi Arabia Losing Market Share to Iran, Iraq on Oil Cuts

Saudi Arabia Losing Market Share to Iran, Iraq on Oil Cuts

Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies...
Saudi Aramco Launching new application for improved reservoir management

Saudi Aramco Launching new application for improved reservoir management

Developing and managing reservoirs is a complex and challenging process. A new tool, named Reservoir Engineering Integrated Environment (REOnline), helps engineers to better plan,...
Saudi Arabia minister says Oil producers 'might have to' extend output cuts

Saudi Arabia minister says Oil producers ‘might have to’ extend output cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the...
Bahri set to register 32 VLCCs and 5 mid-size carriers under Saudi flag by end of 2017

Bahri set to register 32 VLCCs and 5 mid-size carriers under Saudi flag by...

In collaboration with Public Transport Authority and in line with its commitment to enhancing the Kingdom's position globally Dubai, United Arab Emirates – 18 April...

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Global Turbine Market to Reach $181.8B by 2020

Interest In Renewable Energy Expected to Boost Market by 13% Annually WELLESLEY, Mass. , Dec. 12, 2017 (GLOBE NEWSWIRE) — The global turbine and turbine generator...

PDC Energy Announces 2018 Capital Investment Budget of $850 to $920 Million; 2018 Production...

DENVER, Dec. 11, 2017 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced its 2018 capital investment budget and production...

Essential Energy Services Provides Details of the Positive Patent Litigation Decision

CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX:ESN) (“Essential” or the “Company”) provides details of the positive patent litigation...