A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.

China’s crude oil imports from Russia rose by 11 percent on the year in November.

Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.

The 650.000-barrels-per-day refinery will come on stream by September 2019.

Algae are probably one of the most attractive directions of scientific development when it comes to finding new green energy sources.

Due to the vast size of the blaze. the bodies of the Sanchi tanker crew may not be found anymore.

The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.

IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.

Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.

Chinese turbine manufacturer Dongfang supplied the turbines for the project.