Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.
Read More »Bahrain Leads GCC with Non-Oil Growth of 5pc in 2017
Growth in Bahrain is being driven by a variety of strongly performing industries.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Russia Increases Supply of LNG to Japan
A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »Venezuelan State Oil Firm Use National Cryptocurrency
The petro is backed by the country’s oil. gas. gold and diamond reserves.
Read More »OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
The market is only expected to return to balance towards the end of this year.
Read More »China’s Three Gorges Project Soar Power Generation in 2017
The Three Gorges project is a multifunctional hydroelectric facility near Yichang in central China’s Hubei Province.
Read More »Iran to Improve Efficiency of Power Plants
Iran exports around 12 billion kilowatt-hours (kWh) of electricity to its neighbors each year.
Read More »Qatar Gas Demand Projected to Grow 1.6% a Year until 2040 to 73 bcm
The demand for natural gas in the domestic sectors for GECF member countries will increase to 178 bcm in 2040.
Read More »Iran Petchem Production at 35 Million Tons in 8 Months
Petrochemical is Iran'.s most important industry after oil and gas.
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