Behind Gazprom. Germany’s E.ON and India’s Reliance Industries rounded out the top three. followed by South Korea’s Korea Electric Power Corp. and China Petroleum &. Chemical Corp.
Read More »China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Oil Ministry Certified Six More Domestic Firms for Oil Projects
Officials say the partnership of domestic companies with oil majors will gradually enhance the technical and managerial know-how of Iranian firms.
Read More »London. New York Compete for Saudi Aramco IPO
American officials have provided little assurance that Aramco wouldn’t be a target of litigation. according to the people with knowledge of the situation.
Read More »China Becomes One of the Biggest Oil Drilling Contractors in Kuwait
Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.
Read More »Belgium to Help Boost Petrochemical Exports
European firms as well as Asian enterprises have already expressed their willingness to play an active role in developing Iran'.s lucrative petrochemical market.
Read More »Saudi Arabia Considers Plan for Airport Stake Sale
The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.
Read More »SOCAR Foreign Investments Near $4.5B
SOCAR is the sole producer of oil products in Azerbaijan.
Read More »SOCAR Reveals Volume of Petrochemical Output
Azerkimya produced 103.410 tons of ethylene in 2016. as compared to 106.700 tons in 2015.
Read More »SOCAR Overhauls Platform at Darwin Bank Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
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