There were reports in late July and early August about regular power blackouts in the annexed Crimea.
Read More »Saudi Aramco Awards First Contract for Planned Shipyard Complex
Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.
Read More »Iran. Turkey. Russia Sign Deal on Investment in Oil. Gas Fields Development
This is a landmark agreement for the Iranian petrochemical industry. the first trilateral investment deal the country'.s company has closed with foreign partners.
Read More »EIA slightly lowers forecasts for OPEC oil supply
OPEC crude oil production is expected to average 32.53 million barrels per day in 2017 and 32.96 million barrels per day in 2018.
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 »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 »Saudi Arabia Set to Slash Exports to Asia in September
Asia is a key market for every exporter of crude oil.
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.
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