Kazakhstan wants a gradual exit from an OPEC-led deal on oil production curbs and a rise in output one or two months after its expiry.
Read More »Aramco Eyes Larger Slice of Chemicals Market
Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »BP: China a Leader in Renewable Energy
Last year the world’s carbon emission was flat from 2015. according to BP’s report.
Read More »Iran Fully Backs Nuclear Weapon Ban Treaty
Iran’s suggestion on making a free-nuclear-weapon zone in the Middle East is one of the brazen efforts of Iran in eliminating the threat posed by these weapons in the region.
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 »