Tag Archives: Oil Refinery

The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.

Aramco said it doesn’t comment on ongoing business plans and transactions. while Petronas declined to comment.

Iraq is OPEC’s second-largest oil producer. after Saudi Arabia.

A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.

Besides the Koreans. the Chinese too are planning multibillion-dollar optimization and expansion of two major oil refineries in Iran.

Venezuela’s oil production has fallen to levels not seeing since the late-1980s.

Brazil'.s top exports to Iran include food. medication. minerals and automobiles.

Brazil is Iran'.s main trading partner. with most business conducted in the mining and agriculture sectors.

Iraq is working to divert most future output from Kirkuk oilfield to local refineries.

Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.