The 650.000-barrels-per-day refinery will come on stream by September 2019.
Read More »Algae. New Source of Green Energy
Algae are probably one of the most attractive directions of scientific development when it comes to finding new green energy sources.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Maduro Urges Latin American states to join cryptocurrency project
Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.
Read More »Shell`s Strengthen by Expansion in Electricity
Big Oil entering the heavily regulated European power market isn’t a natural fit today.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
Read More »26 Companies Allowed to Bid for Oil. Gas Blocks in Iraq Border Areas
The bidding terms will be finalised by the end of May and the ceremony to open the bids will be held on June 21.
Read More »Goldman: OPEC doesn`t Want Brent Tops $70
Brent at above $70 a barrel ``will trigger some increased discussion within OPEC.
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