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Turkey’s Socar owned STAR refinery ‘sharply cuts Russian Urals purchases in favour of Iraqi, Norwegian grades’
The latest tankers to bring Iranian fuel to Venezuela are also handling the latter country’s crude exports.
Equatorial Guinea’s government is moving ahead with plans to build the country’s first oil-processing plant, according to Gabriel Mbaga Obiang Lima, the head of the Ministry of Mining and Hydrocarbons (MMH).
Saudi Industrial Investment Group in merger talks to acquire remaining 50% of National Petrochemical Company
With officials in Khartoum failing to meet financial obligations and the amount of oil involved remaining small, India's OVL has little reason to stay in Sudan.
AIPCC Energy, a joint venture formed by Nigeria’s AFCOM and China’s Peiyang Chemical Equipment Co. (PCC), has announced plans for a 10-fold increase in the processing capacity of its new modular refinery.
BP has published its Energy Outlook 2020, which sees LNG trade growing significantly in at least the medium term in two out of three scenarios.
A warning that oil demand will peak within a few years overshadows some of the positive news coming from oil producers in recent days.
The head of Nigerian National Petroleum Corp. (NNPC) said last week that his company was still looking into proposals for selling off majority stakes in the country’s four largest oil refineries.