Iran’s oil refining capacity reportedly stands at around 1.8 million barrels per day.
Read More »Russia Welcomes US LNG Supplies to Europe
In June. the White House said that the United States is determined to become be a global player in exporting LNG.
Read More »Major UAE Projects Exemplify Renewables Push
This is an important occasion for Abu Dhabi’s development. and is represented by the launching of the world’s largest independent solar power plant.
Read More »China Imports of US Oil Increase at Unprecedented Speed
The upward trend seems to be picking up speed. In April and May. imports surged to more than 180.000 barrels per day on average.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
Read More »Iran Expands Electricity Capacity Through Foreign Funds
Iran has signed agreements with Turkish investors to develop 5.000 MW of new power capacity.
Read More »Belgium to Help Boost Petrochemical Exports
European firms as well as Asian enterprises have already expressed their willingness to play an active role in developing Iran'.s lucrative petrochemical market.
Read More »Russia to Continue Working with Others to Harmonize Energy Markets
Russia has signed the Paris climate pact. but has not ratified it yet.
Read More »Trump Urges Eastern Europe to Loosen Russia`s Grip with U.S. Gas
Poland’s ambitions go beyond reducing reliance on Russian energy.
Read More »Surge in Libya and Nigeria’s Oil Production Could Provoke Deeper OPEC Cuts
The two African countries. together with resurgent U.S. shale plays. could raise oil production by 1.6 million barrels a day this year.
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