The project will be completed by 2020 and the Russian company will operate it for 25 years.
Read More »STAR Refinery will Help Turkey Save about $1.5B Annually
The plant is planned to process oil of such grades as Azeri Light. Kerkuk and Urals.
Read More »Iran-Turkmenistan Gas Dispute in Arbitration
Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.
Read More »U.S. Oil Service Firms Face Tough Quarter despite High Crude Prices
Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.
Read More »Abu Dhabi Invites Indian Companies to Expand Investment in It`s Downstream Sector
India is the world’s third-largest consumer of oil.
Read More »Pakistan. Russia Extend G2G Pact for Gas Pipeline
he length of the North South pipeline will be 1122KM with 42-inch diameter.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »China. Top Natural Gas Importer in 2018
Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »India Considers Payment System for Iranian Oil Imports
India wants to keep importing oil from Iran. because Tehran offers some discounts and incentives for Indian buyers.
Read More »Total. Aramco to Start Jubail Petrochem Engineering Works
The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.
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