Wind energy is re-shaping the global energy mix.
Read More »India`s Oil Demand to Grow to 500 mln tonnes Per Year by 2040
India’s refining capacity would increase to about 439 million tonnes per year by the financial year of 2030.
Read More »China`s Surplus Oil Refining Capacity to Hit Record in 2020
China’s refining capacity will grow to 880 million tonnes a year. equivalent to 17.6 million barrels per day. by 2020.
Read More »Vitol will Stop Business with Iran after U.S. Sanctions Start
Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Schlumberger Launches New Zonal Isolation Technology
The CemFIT Shield system improves zonal isolation in long horizontal wells to ensure efficient hydraulic fracturing.
Read More »Global Market Tighten could Rise Oil to $100 by 2019
The threats of disruption as well as the early supply cuts have helped to lift Brent crude futures to nearly $80 a barrel this month.
Read More »Saudi ATC Expects Increase in Oil Trade Volume in 2020
ATC was set up in 2012 to market refined products. base oils and bulk petrochemicals.
Read More »World Oil Demand. Refining Growth will Peak in 2035
Unipec is the trading arm of Asia’s largest refiner Sinopec.
Read More »Long-Term OPEC+ Cooperation by Dec
OPEC and non-OPEC countries aim to agree a framework for long-term cooperation by December.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
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