RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
Read More »Yemen Targets Aramco Installations with Ballistic Missiles
Some 15.000 Yemenis have been killed and thousands more injured since the onset of the Saudi-led aggression.
Read More »Gazprom to Lay Nord Stream 2 Pipes in Finland
The Nord Stream 2 project involves the construction of two strings of a gas pipeline running from the Russian coast via the Baltic Sea to Germany.
Read More »Schlumberger CEO: Transport Restrictions to Slow Shale Gains
The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Egypt Fined $2 Billion over Natural Gas Dispute
Egypt has been importing liquefied natural gas over the past years.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »Qatar Petroleum Interested in German LNG Terminal
Qatar is in talks with German energy groups Uniper and RWE about a partnership for a potential local LNG terminal.
Read More »Oil Trades Near $70
OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.
Read More »Venezuela to Launch New Gas Payment System in Border Areas
Maduro last month said the country’s gasoline prices. the lowest in the world. should rise to international levels.
Read More »US Oil Prices Rise ahead of Gulf Hurricane
For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.
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