China, the world's second largest oil consumer, has filed a record high crude imports of nearly 9% in 2015, enlarging its domestic reserves, while projecting to increase exports of refined oil products, as its domest ...
Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Ru ...
King Salman bin Abdulaziz Al Saud of Saudi Arabia has inaugurated The King Abdullah Petroleum Studies and Research Center (KAPSARC), a non-profit economics and policy research institution dealing with energy-related ...
The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...
Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...
The Ministry of Electricity expects to sign six new agreements for Chinese investment in Egypt’s electricity infrastructure during Chinese President Xi Jinping’s visit in January.
An Estonian-Malaysian consortium has recently signed a $1.6b contract to set up a 470MW oil shale power plant in the Attarat Um Ghudran area of southern Jordan.
China's oil demand growth is expected to drop to 3% in 2016 reflecting on the country's economic slowdown, despite lowering oil prices. Oil demand rise is estimated at merely 300,000b/d this year, compared to 510,000 ...