Two of Tatweer Petroleum’s newest facilities located in the Bahrain Field were officially inaugurated by Energy Minister and company chairman Dr Abdulhussain Mirza.
For Nigeria’s state-owned energy company, supplying gas to power plants around the country depends on fixing pipelines quicker than they get ruptured.
Woqod (Qatar Fuel), a top distributor of petroleum products in the country, plans to set up 15 portable petrol stations in Doha in a move to streamline the distribution process, a report said.
While Bahrain has taken promising measures to diversify its economy, the continued oil price slump means more work will need to be done in order for the Kingdom to achieve fiscal, environmental and resource sustainability, a report said.
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.
Angolan President Jose Eduardo dos Santos met Chinese counterpart Xi Jinping on Tuesday on a state visit to seek financing for projects, including a $4.5 billion hydropower scheme, intended to revive an economy hit by low crude prices.
Canada’s crude oil output will continue to grow over the long term but at a slower pace than previously projected, reflecting many project postponements resulting from the slump in oil prices, the country’s main energy trade group says.