The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.
Read More »Turkey’s STAR Refinery will Process Russian Oil
STAR refinery will produce naphtha. ultra-low sulfur diesel. aviation kerosene. petroleum coke. liquefied gas and other products.
Read More »Russian Oil Production Steady in August Near Post-Soviet High
OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.
Read More »Saudi Arabia Cooperation with Tesla. Preparation for Post-Oil Economy
If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.
Read More »Venezuela’s Citgo At Risk Of Confiscation
Citgo has three major refining complexes in the U.S. with a total refining capacity of 750.000 barrels per day.
Read More »US Sanctions are Biting on Russia`s Natural Gas Projects
Western sanctions. first introduced in 2014 over Russia'.s apparent role in the conflict in Ukraine and later expanded.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »PDVSA Appealing Crystallex Court Ruling
The Crystallex case has been closely watched by investors holding billions of dollars in Venezuelan bonds.
Read More »Rosneft Approves £1.5bn Share Buyback Plan
The firm will appoint an ``independent agent`` to execute the buyback.
Read More »Japan and Russia plan LNG hub in Far East
Transfer terminal to lower shipping costs from Siberian production sites.
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