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Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...
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Arabian Gulf Business Insight on MSN11h
Adnoc Drilling expands in Oman with SLB stake
Adnoc Drilling, a subsidiary of Abu Dhabi state-backed oil major Adnoc, has bought a 70 percent share in SLB’s oil drilling business in Oman. The agreement includes six fully operational land rigs in ...