Chinese turbine manufacturer Dongfang supplied the turbines for the project.
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 »China Pleaded to Continue Operations to Control Fire on Oil Tanker
The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.
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.
Read More »Azerbaijan could Become Full Member of GECF
Azerbaijan joined the GECF as an observer member on November 21.
Read More »U.A.E: OPEC Is Committed to Supply Cuts Through 2018
Oil demand showed surprising growth in 2017.
Read More »American Oil Drillers` Output could Top Saudi Arabia and Russia by 2019
EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.
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