Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.
Read More »Russian Oil Conglomerates Help Venezuelan President Maduro to Stay in Power
The Russian loan was formalized as a prepayment for the purchase of Venezuelan oil.
Read More »Europe`s Biggest Oil Refinery Plans to Restart Key Unit
Shell will try to restart a crude distillation unit at the Pernis refinery in Rotterdam.
Read More »Aramco Signs Major Deal for Maritime Industries Complex
The complex is in line with the kingdom’s economic diversification objectives.
Read More »Siemens Starts Field Tests of High Efficiency GT Technology
Driven by digitalization. speed in technology development is rapidly gaining momentum in the power generation arena
Read More »Rosneft Lent Venezuela`s State Oil Firm a Total of $6 Billion
Rosneft also plans to close the deal to buy a stake in India'.s refiner Essar Oil in the coming days.
Read More »Reappointment of OPEC Veteran Zanganeh as Oil Minister Echoed in the World Media
Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.
Read More »Egypt. Russia `Complete Daba`a Plant Talks`
Construction work at the plant to be built near the city of El Alamein. is expected to create 20.000 jobs.
Read More »New US Sanctions on Russia Increase Uncertainty on European Gas Markets
The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.
Read More »Ukraine`s Naftogaz Guarantees Reliable Transit of Russian Gas to Europe
In June 2014. Gazprom switched Ukraine to a prepayment scheme citing its massive gas debt.
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