Kuwait to increase crude oil capacity to 4.75 mn bpd July 14, 2017 // 4 Comments Kuwait 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 2025 July 14, 2017 // 1 Comment The 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 strategy July 14, 2017 // 0 Comments Abu 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 meeting July 11, 2017 // 3 Comments The 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 Kirkuk July 6, 2017 // 1 Comment Russia’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” market July 6, 2017 // 1 Comment Global 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 development July 3, 2017 // 1 Comment A 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 projects June 29, 2017 // 0 Comments Saudi 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 bpd June 28, 2017 // 1 Comment Iran’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 balancing June 26, 2017 // 2 Comments Faltering demand growth in Asia’s top three oil-importing nations is further hindering efforts to balance the market as a [...]