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Libya boasts oil reserves of 41 billion barrels. perhaps the largest in Africa.
Read More »Libya Looks for Diversify Oil-Based Income sources
Libyan Oil Fields Reopened after Months of Closure
Libya is politically divided between eastern and western authorities. including two oil corporations.
Read More »Chinese Firms Build Sub-Sea Pipeline Installation in Nigeria
The 650.000-barrels-per-day refinery will come on stream by September 2019.
Read More »New Line of China-Russian Oil Pipeline Begins Operation
The second line was built in parallel to the first line between Mohe and Daqing.
Read More »China to Step up Oil. Gas Exploration
China aims to increase domestic crude oil output to 200 million tonnes by 2020.
Read More »IEA Says China Remains Leader of Renewables
IEA'.s new report on renewable energy showed new solar PV (photovoltaic) system capacity grew by 50 percent last year. with China accounting for almost half of the global expansion.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
Read More »China Plans Nationwide Use of Ethanol in Gas by 2020
Ethanol in gasoline is an ideal alternative to fossil fuel.
Read More »Iran to Attract Foreign Investments to Recover Flare Gas
Based on the agreement signed on Wednesday. Sofregaz will cooperate with Iran'.s Samin Sazeh over the project.
Read More »Venezuelan President Calls for Emergency Meeting with U.S. Oil Buyers
The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.
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