Tag Archives: PETRONAS

Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.

The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.

The tender was the largest in its history Exxon participated in an exploration project in Egypt.

Aramco is also expanding its refining investments in China.

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.

Concern for the environment is a major reason for China'.s increasing imports of gas.

Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).

The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.