In 2016. the volume of oil refining at the company’s refinery in Germany increased by 17.8% .
Read More »Clean Energy will Progress in 2018
EV sales will hit 1.5 million units in 2018. and again. China will lead the way with more than half of that total.
Read More »Iraq: Oil Market is Stabilizing
Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries.
Read More »Libyan Oil Fields Reopened after Months of Closure
Libya is politically divided between eastern and western authorities. including two oil corporations.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »Refined Oil Exports Offset Saudi`s Crude Curbs
OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.
Read More »French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Al-Falih Urges Oil Producers to Extend Cooperation Beyond 2018
Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »S. Korea Plans to Boost LNG Imports from Russia
Korean businessmen also intend to participate in the creation of a fishing industry complex on Nazimov Cape near Vladivostok.
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