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Under the Agreement. ENI and BP hold 50% each with Eni acting as operator during the exploration phase.
Read More »ENI will Explore for Hydrocarbons in Oman. Bahrain
China will Account for 44% of Asia’s Crude Oil Refining Capacity in 2023
China has a total of 179 active crude oil refineries.
Read More »US to Sanction German Firms Involved in Russian Gas Pipeline
Germany and Russia have been at odds since Moscow annexed Crimea from Ukraine in 2014.
Read More »Aramco Set To Go Public In 2021
Aramco is the world’s most important and most valuable oil company.
Read More »US energy will come from renewable sources in 2019
The majority of America’s new energy capacity additions in 2019 will come from renewable energy sources. according to figures published by the US Energy Information Administration (EIA).
Read More »Saudi Arabia will Establish $10 Billion Refinery in Pakistan
Saudi Arabia wants to make Pakistan’s economic development stable through establishing an oil refinery.
Read More »BP Expands Petrochemical Capacity in South Korea
The expected investment of US$175 million will be funded by the JV.
Read More »Saudi Arabia`s Wind Farm Ambition
The Saudi renewable energy program is directly supporting the Vision 2030 strategy.
Read More »Aramco will Issue 1st Ever Global Bond This Year
The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.
Read More »BP could Find New Gas Giant Offshore Azerbaijan
BP is targeting the Shafag-Asiman area. which could be a similar size to Shah Deniz 2.
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