The new company will also provide further momentum to China'.s coal-to-gas policy.
Read More »Saudi Aramco Replaces Apple as World’s Largest Listed Company
Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
Read More »Oil Market will Remain Oversupplied despite OPEC+ Pact
The biggest reduction is expected to be in U.S. shale output.
Read More »Japanese Energy Majors may Invest in Russia’s Oil Megaproject in Arctic
The project will require significant funding to develop the fields and related infrastructure.
Read More »ABB’s Submersible Robots Halve Cost of Transformer Maintenance
The technology firm has used its submersible robotic technology to help silicon producer Simcoa Operations safely. quickly and efficiently inspect one of the two power transformers its manufacturing facility relies upon.
Read More »US Unable to Hinder Iran’s Methanol Exports
Iran exports 8 million tonnes of methanol in a year. which the US has been unable to affect. despite all claims of American officials.
Read More »Iran`s Next Year Budget Bill Planned on 1mln bpd of Crude Export
Based on the next year'.s budget. the country will decrease its oil exports from the current 1.5mln bpd to 1mln bpd.
Read More »Oil Prices up with Positive US. China Trade Talks
The consumer price index in China. the main indicator for inflation. increased 4.5% in November.
Read More »Saudi Arabia Plans for Lower 2020 Oil Revenues on OPEC Cuts
The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.
Read More »China`s Growing Presence in International Offshore Oil Game
The big three oil producers in China were expected to spend $77 billion on oil developments this year.
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