North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.

The BP fuel featuring ACTIVE technology has been tested with 110 different test methods.

Saudi Arabia plans to acquire a 30% stake in Russia’s USD 21-billion Arctic LNG project.

Asia is expected to have the highest planned and announced CDU capacity of 5.4 mmbd in 2022.

Environmental problems associated with emissions from fossil fuel. along with limited supply. volatile prices. and energy security. prompted developed and developing countries to find more reliable and sustainable sources of energy. Renewable energy (RE) sources. being abundant. inexhaustible. cleaner. and readily available. emerge as a promising alternative energy source. According …

European peer Eni had earlier lowered its production growth target for the year after profits in the third quarter rose to beat expectations.

Washington reimposed sanctions on Tehran after the US withdrawal from the Iran nuclear deal in May.

Record-low water levels in the Rhine have severely disrupted oil shipments across the country.

The value of Iran’s import from Indonesia in the same period has been $80 million.