The size of the plant is at least three times the size of similar plants operated by OMV Petrom in Romania.
Read More »UAE to Invest $5b in Oil Refinery Project in Pakistan
The United Arab Emirates (UAE) will invest $5 billion in an oil refinery project in Pakistan by the end of the year.
Read More »Nord Stream 2 Consortium Insists Project will be Completed on Schedule despite Danish Delay
French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »Libya’s El Sharara Oilfield Shut Down since Friday
The field was pumping around 290.000 bpd prior to the shutdown.
Read More »ADNOC Plans to Launch Own Regional Oil Benchmark
ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »Slight Changes to Nord Stream 2 Timings Possible
Nord Stream 2 has come under fire from the United States and several eastern European.
Read More »Austria Confident Country Will Be Able to Implement Nord Stream 2 Project
The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.
Read More »Austria Welcomes US LNG. But Not as Substitute to Nord Stream 2
The US has repeatedly attempted to derail the project.
Read More »Nord Stream Further Delays in Russia-Ukraine Gas Talks
Russia wants to ".hurt Ukraine.". and have ".a special relationship". with Germany.
Read More »