Companies

The first phase of the field’s development envisages drilling of one well at a sea depth of 470 meters.

Both Saudi Aramco and ADNOC. have announced massive plans to boost their refining capacity and petrochemicals business.

It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.

Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.

Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.

Total has signed a MoU with the Government of Oman to develop natural gas resources in Oman.

The network operates 60 petrol stations in Ukraine. as well as two ``Baku-1`` oil bunkers in Kiev and ``Ganja`` in Odessa.

EIA reported Wednesday that crude supplies fell by 2.2 million barrels for the week ended May 4.

Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.

Glencore and QIA have now agreed to dissolve their partnership.