ABU DHABI (Reuters) - The United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Sunday he was hopeful producers will reach a consensus on extending an oil output cut next month. “We are hopeful that the meeting in November will be a good meeting, that it will not...
NEW DELHI (Reuters) - State-run oil giant Saudi Aramco [IPO-ARMO.SE] is in talks with several Indian refiners and hopes to land a joint venture deal by next year, the company’s chief executive told Reuters on Sunday. Aramco, like other major oil producers, wants to tap rising demand...
DUBAI (Reuters) - Saudi Arabia’s government is changing the way it procures goods and services to save money, make the process fairer and aid local suppliers, the Finance ministry said on Sunday. The ministry, responsible for allocating tens of billions of dollars each year to keep...
(Reuters) - Hurricane Nate had curtailed 92 percent of U.S. Gulf of Mexico oil output and up to 3 percent of refining capacity on Saturday as it sped toward energy facilities in the central U.S. Gulf Coast that largely were spared by Hurricane Harvey’s wrath nearly six weeks ago. The...
