Pertamina pushed for the takeover despite questions about its financial capacity following last year’s profit slump.
Read More »Saudi`s $500 Billion Futuristic Mega City NEOM
NEOM was announced by Saudi Crown Prince Mohammad bin Salman at the Future Investment Initiative conference in Riyadh on October 24. 2017.
Read More »US to Help India Unleash Its Own Natural Gas Reserves
The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential.
Read More »Heatwave Soar LNG Prices in Eastern Asia
China imported 23.81 million tonnes of LNG in the first half of 2018.
Read More »Top Asian Oil Customers Reduce Iranian Oil Imports to 7-Month-Low
Japan’s imports of Iranian oil increased by 10 percent in June compared to the same month last year.
Read More »Saudis Can’t Replace Iran Oil
Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.
Read More »Iraq`s Oil Exports from Southern Ports Rise to 3.54 Million bpd in July
Iraq exported 3.521 million bpd of crude oil in June.
Read More »US Solar Benefiting From Slump in Global PV Panel
China surprised everyone in June by announcing that it would not issue approvals for any new solar power installations this year.
Read More »Pertamina Invites SOCAR for Partnership in Refinery Upgrade
Indonesia'.s estimated oil reserve is over 60 billion barrels.
Read More »China will Exceed 210 Gigawatt Wind Power Target By 2020
China will surpass its national cumulative wind power target of 210 GW which was set as part of the country’s Thirteenth Five-Year Plan for Wind Power.
Read More »