RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
Read More »Yemen Targets Aramco Installations with Ballistic Missiles
Some 15.000 Yemenis have been killed and thousands more injured since the onset of the Saudi-led aggression.
Read More »Libya. Biggest Contributor to OPEC Oil Output
The second-largest production increase came from Iraq and the United Arab Emirates.
Read More »Gazprom to Lay Nord Stream 2 Pipes in Finland
The Nord Stream 2 project involves the construction of two strings of a gas pipeline running from the Russian coast via the Baltic Sea to Germany.
Read More »Schlumberger CEO: Transport Restrictions to Slow Shale Gains
The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Egypt Fined $2 Billion over Natural Gas Dispute
Egypt has been importing liquefied natural gas over the past years.
Read More »Iraq`s AISSOT to Expand Shipping Fleet amid Increasing Oil deliveries
AMPTC is owned by members of the Organization of Arab Petroleum Exporting Countries.
Read More »Europe will Open Bank Accounts for Iran to Secure Oil Revenues
The EU has vowed to fight to preserve the Iran nuclear deal after the US withdrawal in May.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »KOGAS to Invest $895 Million in LNG Bunkering. Truck Projects
The new investment plan was set to meet the rising demand for LNG bunkering.
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