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China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »Chinese Firms Build Sub-Sea Pipeline Installation in Nigeria
The 650.000-barrels-per-day refinery will come on stream by September 2019.
Read More »Iran Request China. Japan`s Aid in Rescuing Sanchi Crew
The Sanchi was carrying 136.000 tons of condensate. worth some $60 million. and bound for the Republic of Korea.
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »China Pleaded to Continue Operations to Control Fire on Oil Tanker
The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.
Read More »26 Companies Allowed to Bid for Oil. Gas Blocks in Iraq Border Areas
The bidding terms will be finalised by the end of May and the ceremony to open the bids will be held on June 21.
Read More »Saudi Aramco Hires Former Shell Executive for Chemicals Business
Saudi Aramco is growing its investments in downstream including chemicals.
Read More »Azerbaijan could Become Full Member of GECF
Azerbaijan joined the GECF as an observer member on November 21.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
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