The first 44.000 mt evenly split propane butane parcel was delivered in October 2016.
Read More »ADIPEC 2017 Opens Tomorrow. World Energy Leaders to Meet in Abu Dhabi
For the first time. the exhibition and conference will include the downstream petroleum industry.
Read More »Iran’s Light Crude Oil Price Exceeds $60 Per Barrel
Dubai and Oman crude oil prices are respectively $58.77 and $58.70 per barrel. indicating an upswing of $2.51 and $2.56.
Read More »Saudi Suspends Oil Supply to Bahrain after Oil Pipe Explosion
An oil pipe exploded in Buri village in Bahrain on Friday night.
Read More »Petronet Looks to Buy Stake in Qatari LNG Projects
Petronet operates a 15 million tonnes per annum terminal at Dahej in Gujarat for import of LNG.
Read More »Saudi Arabia Remains Committed to Climate Accord
Khalid al-Falih’s statement came as almost 200 countries started talks in Germany to bolster a global climate accord that the United States plans to quit.
Read More »Masdar Chief Urges Saudi Arabia to Tap Wind Energy
Masdar has invested about 10 billion dirhams ($2.7 billion) in projects worldwide.
Read More »Oil Falls as Geopolitical Concerns Ease
Crude benchmarks end the week higher for the fifth straight week despite Friday’s pullback.
Read More »Venezuelan Oil Output Heads to 29-Year Low
PDVSA made an overdue $1.1 billion bond principal payment this week.
Read More »Ardakanian Seeking to Improve Energy Management
There is a direct link between electricity consumption and the amount of oil and natural gas used in power plants
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