China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.
Read More »Iran Agrees to Build New Refinery for Sri Lanka
Iran’s offer comes as Chinese. Middle East and Russian companies are in ``preliminary discussions`` to build a 100.000 bpd refinery for CPC.
Read More »ADNOC to Become Leading Global Downstream Player
Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.
Read More »Chinese Firms Win Iraq Refinery Project Contract
Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Iraq’s Oil Exports Rose in March
The Iraqi oil exports reached in last February about 95.940.000 barrels.
Read More »Oman-Iran to Finalize Subsea Gas Pipeline Deal
In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.
Read More »Saudi Aramco Took First Steps to Expand Largest U.S. Refinery
Chevron Phillips is considering building a second ethane cracker on the Gulf Coast of Texas.
Read More »State of Emergency in Indonesia as Borneo Oil Spill Spreads
The spill occurred near a refinery operated by the state-owned oil and gas company Pertamina.
Read More »Ice-Breaking LNG Carrier Vladimir Rusanov Loads First Cargo
Constructions of the second and the third vessels is underway. and they are expected to be delivered at the end of September 2018 and September 2019 respectively.
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