Tag: share
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President of BP Oman: We need a balance between energy sources.. These are my expectations for the share of oil and gas
The head of the British Oil Company in the Sultanate of Oman, BP Oman, Eng. Youssef Al-Ajili, pledged to continue providing global energy supplies in a safe and affordable manner despite the changes and the gradual abandonment of a number of companies from the fossil fuel industry. Al-Ajili expected that oil and gas would continue…
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India’s imports of Russian oil drop the share of the Middle East to the lowest level in 22 years
The increase in India’s imports of Russian oil prompted a reduction in the share of Middle East crudes to the lowest level in 22 years last April. India’s purchases of Russian oil rose to new records in April, as New Delhi seeks to take advantage of deep discounts offered by Moscow on its crude. In…
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Saudi Aramco share price jumps 2%.. and two experts expect its rise to continue
Aramco’s share price jumped higher today, Sunday, May 7 (2023), achieving gains of 2%, with the approaching date of announcing the company’s quarterly business results. The Saudi oil giant is preparing to announce its business results for the first quarter of this year (2023), on Tuesday, May 9, which is expected to witness strong quarterly…
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OPEC’s share of India’s oil imports falls to its lowest level in 22 years
India’s oil imports, during the fiscal year ending in March (2023), witnessed a significant increase in Russian oil flows, at the expense of the oil of OPEC countries. India hastened to seize the largest number of cheap Russian shipments over the past period, with Moscow turning towards Asian markets after Western countries imposed sanctions on…
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Two agreements to share oil production at two promising sites in Uganda
Oil production projects in Uganda are in full swing, as part of the relentless efforts made by the government in the East African country. In order to enhance the productivity of the sector to keep pace with domestic demand, and to achieve a surplus for export. In light of these efforts, Kampala gave the green…
