The plan is set to be announced before the endof the year.
Read More »UAE Minister Named ‘Oil Diplomacy Person of the Year’
This prestigious accolade was awarded last year to Khali Al-Falih.
Read More »Japan`s Cosmo to Load Iranian Heavy Crude Early Mar as Refiners Step up Lifting
Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.
Read More »Oil Industry Faces ‘Crisis of Perception’ among Stakeholders
Passenger vehicles represent 20 percent of the world’s oil demand.
Read More »Saudi Aramco Plans to Shift around 2-3 Million Barrels of Crude Oil to Chemicals
The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.
Read More »Crude Oil Futures Stable as Markets Await US-China Trade Developments
The two sides are yet to sign any official agreement regarding the extension of the deadline.
Read More »The Prospect of Turkey-Cyprus Gas Tension
Expected announcement by ExxonMobil of discovery off island’s south coast seen as potential game changer.
Read More »China`s Massive Oil & Gas Discovery in Bohai Sea
The flow has been discovered in CNOOC’s Bozhong 19-6 gas field.
Read More »Iran`s Non-Oil Trade with Japan Reduce 30%
The imports mainly included auto parts. machinery and aluminum coil.
Read More »Crown Prince’s Visits to India. China not Only About Oil
The West has sought for decades to secure oil resources for its own energy security.
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