The facility could open by 2022.
Read More »EU New Renewables Target
EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy.
Read More »China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Azerbaijan Wants to Send Gas to Europe as Turkey Launches TANAP
Around 80% of the pipes used in the project were purchased from Turkish suppliers. while 20% were imported from China.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Saudi Aramco`s Huge Investment to Double Refining Capacity
The chemicals business is Aramco’s key strategy.
Read More »OPEC Considers Short-Term and Long-Term Market Stability
Venezuela and Iran have appealed to OPEC to maintain unity.
Read More »Oil Stable amid Cautious Optimism over Trump. Kim Summit in Singapore
OPEC and its partners are due to meet at its headquarters in Vienna. Austria. to discuss policy.
Read More »Iran to Issue Bonds for Investment in Oil Sector
In May. French oil major Total said it might pull out of its investment in Iran’s South Pars gas field if it cannot secure a waiver from the U.S. government.
Read More »