The consortium has been awarding preliminary contracts worth billion to subcontractors for the construction of the facility.
Read More »OPEC Continues Production Cuts despite Trump Pressure
The shale revolution has made the US the world’s top oil producer and is reshaping the global oil market.
Read More »Iran. Armenia. Qatar to Set Up South-North Data Transit Route
Iran and Armenia have already begun their cooperation in ICT.
Read More »Oil Industry Faces ‘Crisis of Perception’ among Stakeholders
Passenger vehicles represent 20 percent of the world’s oil demand.
Read More »Crown Prince’s Visits to India. China not Only About Oil
The West has sought for decades to secure oil resources for its own energy security.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »125 Years of Wintershall
Wintershall is celebrating and commemorating its 125th birthday by publishing information and staging events in the anniversary year.
Read More »Venezuela Oil Production Likely to Fall 300.000 b d by End-February
Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.
Read More »India Surpasses China in Increasing Oil Demand
OPEC forecasts India'.s crude oil demand will expand to 5.8 million barrels per day by 2040.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »