The two companies plan to cooperate in refining. petrochemicals and crude trading.
Read More »China Is the World’s Biggest Energy Market Mover
Leader in electricity consumption. leader in solar power and in future EV sales according to most observers.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
Read More »IEA: India Became Third Largest Nation for Energy Investment in 2016
China remained the largest destination of energy investment. taking 21% of the global total.
Read More »Iraq Turns into 2nd Largest Gas Importer from Iran
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
Read More »Saudi Aramco Shuts Jeddah Refinery Indefinitely
One source said the facility would be mothballed.
Read More »Low-Cost LNG Base Is Qatar’s Unique Advantage
The US began its first major international LNG shipments in 2016.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
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