CNPC has agreed to purchase about 1.2 million tonnes of US LNG per year.
Read More »Iran’s Non-Oil Exports Continue to Fall
The volume of exports to China was 28.19 million tons. 5 percent less year-on-year.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »India to Boost Oil Refining Capacity By 77%
India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.
Read More »Crescent Petroleum to Increase Production in Iraq
UAE-based firm plans investment of $1b to boost gas production to 500m cubic feet by 2020
Read More »Sonatrach to Invest $56 bln from 2018 to 2022
Algeria is a major gas supplier to Europe.
Read More »Samsung JV Wins Abu Dhabi Refinery Contract
The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.
Read More »Russia. the Largest Oil Supplier to the Chinese Market
EIA reported that Russia. however. is the largest oil supplier to the Chinese market.
Read More »Eni has Made a Gas Discovery Offshore Cyprus
Eni is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%.
Read More »Turkey Puts Second Floating LNG Unit into Operation
Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.
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