Renewable energy sources (solar. wind. tidal. etc.). which are unlimited and have a fair distribution in the world. are an alternative to the depleting fossil fuels (coil. petroleum. natural gas. etc.). It is necessary to identify the right technologies and methods to make more effective use of renewable energy sources …
Read More »UAE to Introduce New Crude Blend
ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.
Read More »Saudi Aramco Acquires Major Stake in Chinese Refinery
Since 2006 to date. no one delivered more oil to China than Saudi Aramco.
Read More »Iranian Oil Heads to China ahead of U.S. Sanctions
An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month.
Read More »Oil Unlikely To Reach $100
Saudi Arabia has been raising its production faster than many expected.
Read More »OPEC+ Participants Commitment to Vienna Agreement by 111% in September
Russia has increased its oil production by 400.000 barrels per day.
Read More »Analysis of Renewable Energy Projects’ Implementation in Russia
With the enactment in 2013 of a renewable energy scheme by contracting qualified power generation facilities working on renewable energy sources (RES). the process of construction and connection of such facilities to the Federal Grid Company has intensified in Russia. In 2013–2015. 93 projects of solar. wind. and small hydropower …
Read More »EU to Find Ways to Buy Iranian Crude
US President Donald Trump has pledged to bring Iran'.s oil imports down to zero.
Read More »China-US Trade War could Result in 2% Rise in Global LNG Prices
China last month imposed retaliatory tariffs on an additional $60 billion worth of US imports.
Read More »Sinopec in Talks to Involve in Papua New Guinea LNG
The supply deal will likely start ahead of this winter and it will be for about three years.
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