RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
Read More »Libya. Biggest Contributor to OPEC Oil Output
The second-largest production increase came from Iraq and the United Arab Emirates.
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 »Iraq`s AISSOT to Expand Shipping Fleet amid Increasing Oil deliveries
AMPTC is owned by members of the Organization of Arab Petroleum Exporting Countries.
Read More »Europe will Open Bank Accounts for Iran to Secure Oil Revenues
The EU has vowed to fight to preserve the Iran nuclear deal after the US withdrawal in May.
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 »China Boosts LNG Purchase. but Smoother. Less Lumpy
China imported about 4.55 million tonnes of LNG in August. the highest since January.
Read More »Qatar Set to Cuts August Crude Oil Prices to Asia
Qatar also set its August Qatar Land crude OSP at $74.00 a barrel. down from $75.25 for the previous month.
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.
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