State refiners have a 230 million tone-a-year refining capacity and a petrochemical production capacity of 915 million tone-a-year. which are being expanded.
Read More »UK Minister: ‘Brexit will Help North Sea Cut Red Tape’
The oil and gas industry is one of those which is very international and needs international talent both from Europe and beyond.
Read More »Nord Stream 2 Pipeline Would Encourage Russia. Put European Stability at Risk
Some in Europe have attempted to delay the pipeline in fear of geopolitical turmoil.
Read More »Aramco. Partners Shatter Supercomputing Record
KSL’s Shaheen II supercomputer is a Cray system composed of 6.174 nodes representing 197.568 processor cores tightly integrated with a richly layered memory hierarchy and interconnection network.
Read More »OPEC. Non-OPEC Nations to Meet on Compliance with Oil Targets
Iraq. the second-biggest producer in OPEC. will also attend the meeting. the people said.
Read More »The Prospect of Russia. US Cooperation on Gas Supply
The general observation is that Russia has huge and promising projects to offer. and American companies have immense expertise and effective technologies.
Read More »Petronas Drops Massive Natural Gas Project in Western Canada
A number of First Nations and environmental groups sued the federal government and Petronas unsuccessfully to try to stop the project.
Read More »Japan`s Japex Eyes Spot. Term LNG Contracts as Pacific NorthWest Falls Through
Under these alliances. Japex will own 33% of the power plant business.
Read More »Oil Ministers to Meet in Russia as Compliance Focus Turns to Africa
Under a deal agreed last year. oil exporters committed to cut production in an effort to reduce global stockpiles that have depressed prices for more than two years.
Read More »OPEC: Rates of Reduction of World Oil Stocks may Accelerate in H2
In three out of five regions of the US the level of commercial stocks has reached the average 5 year'.s level.
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