Kuwaitis & expatriates in oil industry can now ‘sell their leaves’
It is being claimed that between 13,000 and 14,000 workers in the oil industry in Kuwait benefited from the sale of leave days...
Category : Oil & Gas
Drop in Nigeria’s crude oil production causes major concern
by WebAdmin
The fall in crude oil production threatens the already precarious finances of the most populous country in Africa...
OPEC+ cuts: Russia to be the benefiter?
by WebAdmin
Western sanctions have led to decreased Russian oil output, which has joined Nigeria and Angola as OPEC laggards...
Responding to oil price caps, Russia to send more to Asia
by WebAdmin
Before sending tens of thousands of troops into Ukraine in February, about half of Russia's oil and petroleum product exports went to Europe...
Rising oil costs could hamper Vietnam’s economic growth: Expert
by WebAdmin
HSBC experts projected that Vietnam's economy would continue to grow despite a less optimistic external outlook...
Now, an app to watch crude oil thieves in Nigeria
NNPC said it has intensified efforts with its international partners to track Nigeria’s stolen crude, using its unique registration....
Saudi Aramco makes huge profit amid Ukraine-Russia war
The amount from the Saudi oil firm Aramco is the biggest quarterly adjusted profit of any listed company....
US imposes fresh sanctions: More trouble for Chinese, UAE firms
The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website....
COVID impact: UK taxpayers own shares in cannabis oil firm
Due to a government rescue funding program established during the COVID disaster, UK taxpayers now own shares in 65 additional businesses....
Will Saudi Arabia, UAE bail out from oil crisis?
OPEC was established in 1960 as a cartel with the intention of controlling the price and supply of oil globally....