OPIC is a self-funded government agency whose website says it aims to advance ``U.S. foreign policy and national security priorities.
Read More »Iraq Builds Kirkuk Oil Refinery
The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »India to Boost Oil Refining Capacity By 77%
India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.
Read More »Turkey Puts Second Floating LNG Unit into Operation
Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.
Read More »Next Generation LNG Terminals are Shrinking to Offer Greater Flexibility
LNG export terminals have traditionally been large-scale.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »Exxon Mobil Invests $35 Billion in US over 5 Years
Exxon announced $20 billion in spending for U.S. Gulf Coast manufacturing in March.
Read More »Asia`s 2018 Refined Oil Product Demand to Rise 2 Percent
Asia’s demand to refine crude oil into fuel products like gasoline and diesel will average 34.5 million barrels per day (bpd) in 2018.
Read More »Oil Min: Iran will Launch 5 S.Pars Phases next Year
Iran is currently producing 4.5 million tons of ethane annually which will cross 6 mt y next year and 10 mt y by 2020.
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