Saudi Aramco raises Asia crude pricing, leaves light to U.S. unchanged
Refining margins in Asia have come under pressure in recent months as refiners there increased processing runs and Saudi Arabia increased diesel exports from its new Yasref refinery, a joint venture...
View ArticleOil-producing solar farm nears construction start
The 1-gigawatt solar-thermal project will turn water into steam for injection into an oilfield in Oman.
View ArticleStruggling Key Energy exits international markets
Key Energy continued its retreat from international oil patches as the embattled oil field services company struggles with a diminishing demand for its services.
View ArticleStrain of low oil prices apparent even at plush Gulf meeting
The bottoming-out of oil prices has strained budgets and relationships alike across the Gulf and other oil-producing countries.
View ArticleCB&I gets $2.8 billion petrochemical contract in Oman
CB&I, which operates out of The Woodlands, will build the Liwa Plastics Industrial Complex Project for the Oman Oil Refineries and Petroleum Industries Company, called Orpic.
View ArticleEIA ups world total for recoverable shale oil
The EIA's new estimates added billions of barrels to the worldwide total of shale oil reserves.
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