Kuwait to increase crude oil capacity to 4.75 mn bpdJuly 14, 2017 // 4 CommentsKuwait is planning to boost its crude oil output capacity from the current 3.15 million barrels per day (bpd) up to 4.75 [...]
China to increase oil, natural gas pipeline networks by 2025July 14, 2017 // 1 CommentThe National Development and Reform Commission and the National Energy Administration has made a joint announcement [...]
Adnoc heading for IPO for distribution unit; releases 2030 growth strategyJuly 14, 2017 // 0 CommentsAbu Dhabi-headquartered Adnoc (Abu Dhabi National Oil Co.), which recently released its 2030 growth strategy, is considering [...]
Further oil output cuts not to be discussed in monitoring committee meetingJuly 11, 2017 // 3 CommentsThe Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), set up to monitor the global deal on oil output curbs, will [...]
Rosneft, Kurdistan deliberate over oil exploration, extraction in KirkukJuly 6, 2017 // 1 CommentRussia’s Rosneft is in discussion with the Kurdistan Regional Government (KRG) to launch oil exploration and extraction in [...]
Asahi Kasei enters Europe’s “green hydrogen” marketJuly 6, 2017 // 1 CommentGlobal Japanese chemical company Asahi Kasei is entering Europe’s “green hydrogen” market as it plays catch-up with [...]
India offers Iran as much as US$11 bn for Farzad-B gas field developmentJuly 3, 2017 // 1 CommentA consortium of Indian companies led by ONGC Videsh Ltd. (OVL), a division of multinational oil and gas company Oil and [...]
Saudi Arabia aims to transform economy with crude-to-oil projectsJune 29, 2017 // 0 CommentsSaudi Arabia forays into a major economic overhaul, and targeting to develop downstream petrochem projects as well as invest [...]
Iran’s Kharg oil terminal increases capacity to 8 million bpdJune 28, 2017 // 1 CommentIran’s Kharg oil terminal has boosted its crude oil loading capacity to 8 million barrels per day (bdp),triple the current [...]
Weakening demand from top three Asian oil buyers hinder market balancingJune 26, 2017 // 2 CommentsFaltering demand growth in Asia’s top three oil-importing nations is further hindering efforts to balance the market as a [...]