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Maduro affirmed that the year 2018 will be a break from the oil model towards other economic sectors.
Read More »Venezuela`s Maduro Appoints New Oil Minister in Fresh Era for PDVSA
U.S. Energy to See Huge Investments from China
By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.
Read More »Powering Iraq from North to South
The current agreement builds on GE’s significant legacy of contributions towards strengthening Iraq’s power sector.
Read More »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
ADNOC Distribution is the leading fuel distributor in the UAE. with a market share of around 67 percent in the country by number of retail fuel service stations.
Read More »Venezuela’s PDVSA to Cut Costs By 50%
The reforms. however. must not affect daily oil production in any negative way.
Read More »Aramco Sees Oil Market Balanced as UAE Dismisses Shale Threat
Oil markets are on track to come into balance next year.
Read More »Saudi Aramco. SABIC to Sign MoU on $25 Billion Oil to Chemicals Complex
The two companies had agreed in June 2016 to conduct a feasibility study for the project.
Read More »Venezuela: PDVSA Makes Payments on $233 Million debt
PVDSA'.s bonds represent 30 percent of Venezuela'.s external debt -- estimated to be around $150 billion.
Read More »Russia`s Novatek Aims to Launch Yamal LNG on Dec 8
At full capacity. the Yamal facility will be able to produce 16.5 million tonnes of liquefied natural gas a year.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
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