Khalid al-Falih, Saudi Arabia’s energy, industry and mineral resources minister and Saudi Aramco chairman, has said that despite low oil prices, the company has reached record levels of oil production and gas processing in 2015
Chevron, Shell, Total, ConocoPhillips and Maersk Oil Qatar have submitted bids to operate Qatar’s biggest offshore oilfield, according to industry sources
Saudi Aramco has released its latest Annual Review, titled Energy is Opportunity, highlighting the company’s key results and accomplishments in 2015
Iran had come back “much faster and stronger than anyone had expected” on the back of production increases and the export of floating storage, said Helima Croft, global head of commodity strategy, RBC Capital Markets, at the Platts Global Crude Oil Summit in London, noting that in April Iran had produced 700,000 bpd more than in January
The number of onshore wells drilled in the Middle East continues to rise, bucking the global trend, according to market research provider Douglas-Westwood
