
Saudi king says attacks by Iran-backed groups threaten global oil
Saudi Arabia’s King Salman said on Saturday that attacks on Saudi oil assets last month by Iran-backed groups are a threat to global oil supplies and regional security.

Saudi Arabia’s King Salman said on Saturday that attacks on Saudi oil assets last month by Iran-backed groups are a threat to global oil supplies and regional security.

Olabode Johnson, President of the Petroleum and Natural Gas Senior Staff Association of Nigeria dies suddenly after headache. He was opposing the privatisation of NNPC.

Schaeffler honored it’s best out of 130 major and strategically important suppliers.

Russian oil major Lukoil is implementing a program for the repurchase of shares from the market at an accelerated pace, and may consider the parameters of the new repurchase after August, said Lukoil First vice-president Alexander Matytsyn in a teleconference with investors on Thursday.
Gazprom has appealed to the Luxembourg Court of Appeal against the execution of the Stockholm arbitration decision on gas transit in a dispute with Naftogaz of Ukraine.

Ferrari presented a luxury car with a difference on Wednesday – a hybrid model that can cruise silently through city streets on electric power as well as hitting a top speed of 340 km per hour.

Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.

The deliveries of conditional Russian oil to the Belarusian refinery Naftan via pipeline transport should be restored before July 28, said Deputy Prime Minister of Belarus, Igor Lyashenko on Friday. This means two more months of delay for clean Russian oil via the Druzhba pipeline.

Sberbank Group has become the main owner of Antipinsky Oil Refinery as it received ownership rights to stocks of Vikay.

The retirement of Daimler Ceo Dieter Zetsche inspired BMW to produce a funny video.