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An employee counts Egyptian pounds in a bank in Cairo, Egypt, November 3, 2016. (Reuters)
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A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford
US Shale Leader Pioneer Shares Plunge as Gas Output Rise
Pioneer Natural Resources Co said unexpected pockets of pressure delayed some production in the Permian Basin, the largest US oilfield, and that its output for the year would now be about 58 percent oil, down from previous forecasts for about 60 percent. Shares of...Caption:
The project will also enhance the Kingdom’s economic growth by displacing the burning of crude oil with sales gas. (Aramco Magazine: Arabian Sun)
Saudi Aramco to Complete First Phase of Expanded Gas Pipeline by 2017
Al-Khobar – Saudi Aramco announced that it will complete the first phase of an expansion of the main gas pipeline across the Kingdom of Saudi Arabia by the end of this year. The company said in its weekly magazine, the Arabian Sun, that the expansion came in an effort...Caption:
Protesters throw up a globe-shaped balloon during a rally held the day before the start of the 2015 Paris World Climate Change Conference, known as the COP21 summit, in Rome, Italy, November 29 2015. REUTERS/Alessandro Bianchi/File Photo
‘Paris Agreement’ on Climate Change Awaits Trump’s Decision
Bonn, Washington- As the “Paris Agreement” anticipated the final decision of President Donald Trump, delegates participating in an international meeting on climate change in Germany were concerned about the possible US withdrawal from the deal. On Tuesday, delegates...Caption:
Amin Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017. REUTERS/Shu Zhang