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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 »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
South Pars Phase 13 Refinery Project Picks Up Pace
South Pars is the world’s largest gas field. shared between Iran and Qatar.
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 »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 »Iraq Plans to Build New Pipeline to Export Kirkuk Oil via Turkey`s Ceyhan Port
Iraq is the second-largest crude oil producer in the OPEC after Saudi Arabia.
Read More »Iraq and Kuwait Near Agreement on Price for Gas Exports
Iraq hired Japan’s Toyo Engineering to help build 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 »Massive Power Crisis Looms over Pakistan
Acute shortage of natural gas. furnace oil led to closure of several power plants. officials say.
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 »Hydropower Output Increases
Iran hopes to add 5.000 MW of new capacity per year through 2022. the end of its Sixth Five-Year Economic Development Plan.
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