Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
Read More »China Solar Manufacturers Raise Output
China’s solar sector has been growing rapidly after local governments commissioned hundreds of new projects.
Read More »CNPC to Invest more than $22 Billion by 2020 to Boost Oil. Gas Output
The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.
Read More »Sinopec`s Best Quarter in Years Boosted by Oil Revival
Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.
Read More »Aramco Looking for SABIC Controlling Stake
Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).
Read More »Oil Prices Drop on Worries about Oversupply
Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as the November deadline approaches.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »Argentina will Export Natural Gas to Chile
In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.
Read More »Iran. India`s No. 2 Oil Supplier Ahead of Saudi
Iraq continued to be the top oil supplier to India in the April-June period.
Read More »Rosneft Files $1.4 Billion Suit against Sakhalin-1 Participants
Sakhalin-1 is operated by Exxon Neftegaz Ltd. through which ExxonMobil owns 30 percent in the project.
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