OPEC member Iran revealed plans to ramp-up production by at least 700.000bpd within the next four years.
Read More »Samsung JV Wins Abu Dhabi Refinery Contract
The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.
Read More »Russia. the Largest Oil Supplier to the Chinese Market
EIA reported that Russia. however. is the largest oil supplier to the Chinese market.
Read More »Rising Supply of Gas to EU
A rapprochement is emerging between the EU and its biggest natural gas supplier.
Read More »Rising Supply of Gas to EU
A rapprochement is emerging between the EU and its biggest natural gas supplier.
Read More »Saudi Aramco and Petronas to Raise $8 Billion Loan
Aramco said it doesn’t comment on ongoing business plans and transactions. while Petronas declined to comment.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »MAN and Hyundai to Develop LPG Engine
The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »Next Generation LNG Terminals are Shrinking to Offer Greater Flexibility
LNG export terminals have traditionally been large-scale.
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