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Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.
Read More »Saudi Aramco Awards First Contract for Planned Shipyard Complex
Iran. Turkey. Russia Sign Deal on Investment in Oil. Gas Fields Development
This is a landmark agreement for the Iranian petrochemical industry. the first trilateral investment deal the country'.s company has closed with foreign partners.
Read More »EIA slightly lowers forecasts for OPEC oil supply
OPEC crude oil production is expected to average 32.53 million barrels per day in 2017 and 32.96 million barrels per day in 2018.
Read More »OPEC Accord Increases Iran`s Petrochemical Export Value
OVer past four years. crude oil price had declining trend or from around $100 per barrel in year 1391 reached to less than 40 dollars in the year 1394. which affect world petrochemicals market as well.
Read More »Russian Oil Conglomerates Help Venezuelan President Maduro to Stay in Power
The Russian loan was formalized as a prepayment for the purchase of Venezuelan oil.
Read More »Europe`s Biggest Oil Refinery Plans to Restart Key Unit
Shell will try to restart a crude distillation unit at the Pernis refinery in Rotterdam.
Read More »Aramco Signs Major Deal for Maritime Industries Complex
The complex is in line with the kingdom’s economic diversification objectives.
Read More »Siemens Starts Field Tests of High Efficiency GT Technology
Driven by digitalization. speed in technology development is rapidly gaining momentum in the power generation arena
Read More »Rosneft Lent Venezuela`s State Oil Firm a Total of $6 Billion
Rosneft also plans to close the deal to buy a stake in India'.s refiner Essar Oil in the coming days.
Read More »Japan and China Starts Extracting Heavy Crude from Canadian Sands Project
CNOOC has a 25 interest in the steam injection scheme. which aims to produce 20.000 barrels a day by late 2018.
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