Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp'.s South African assets and its subsidiary in Botswana .
Read More »Thailand`s Largest Oil and Gas Firm Plans New Asia Investment
PTTOR will include service stations. petroleum products. and lubricant products.
Read More »Chevron`s Most-Costly Mega Project Hits New Obstacle in Australia
LNG import prices in Japan. the world’s biggest buyer. averaged about $9 per million British thermal units in 2009.
Read More »Caspian Pipeline to Boost Oil Exports
The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.
Read More »US Shale Oil Alone Cannot Meet the World`s Growing Demand for Crude
Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.
Read More »Plan to Use Drones for Power Grid Inspection
The planned move comes in the wake of massive dust storms that put the reliability of Iran'.s power grid system to a severe test this year.
Read More »Iran Ready to Enhance Cooperation with US Oil Giants
Iran foresees no challenge in forming oil cooperation with America as positive signs can be already seen in this regard.
Read More »Iran`s Crude Sales to Europe Raising
Iran has ramped up oil exports to European customers to 710.000 barrels per day
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