The project will be completed by 2020 and the Russian company will operate it for 25 years.
Read More »Total Cooperate with Adani to Re-Enter India`s LNG Market
OPEC estimates India will account for about 40 per cent of the overall increase in global oil demand by 2040.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »Abu Dhabi Invites Indian Companies to Expand Investment in It`s Downstream Sector
India is the world’s third-largest consumer of oil.
Read More »Pakistan. Russia Extend G2G Pact for Gas Pipeline
he length of the North South pipeline will be 1122KM with 42-inch diameter.
Read More »Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
Read More »Oil Major Chevron to Leave Norway`s Offshore Sector
Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.
Read More »Chinese Oil Product Consumption Grows 6% in August
Chinese oil product consumption between January and August rose by 5.8 percent compared to the same period last year.
Read More »The World Needs to Rise Adoption of Renewable Energy
IEA says renewable energy could grow 25 percent faster.
Read More »Venezuela has Officially Launched Its Oil-Backed Cryptocurrency
Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
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