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After Harvey, Aramco Shuts Down Biggest Refinery in US

After Harvey, Aramco Shuts Down Biggest Refinery in US

Kuwait- Damages resulting from Harvey storm on the US refining sector mounted as Motiva Enterprises – owned by Aramco – announced that it would completely halt operating in Port Arthur refinery because of the flood. “At 5 a.m. on Wednesday, Motiva began a controlled...
Baghdad Oil Exports Threaten OPEC Production Cut Deal

Baghdad Oil Exports Threaten OPEC Production Cut Deal

Khobar- A majority of member states at the Organization of the Petroleum Exporting Countries (OPEC) have projected sincere intentions to lower oil production rates, promoting a cut deal to relieve the current market glut. The agreement aims at an overall 1.2 million...