According to a 2008 estimate, the Arctic hosts approximately 412 billion barrels of oil equivalent of conventional oil and gas resources. And since then, following
Tag: CNOOC
Uganda’s Hoima Oil Refinery Construction Delayed
Uganda’s oil refinery construction is likely shifted by two years following delays with project studies. The front-end engineering design (FEED) was originally scheduled for completion
Market Update: Asia Ready for a Major Refining Capacity Increase
Asia will add the biggest amount of net refining capacity in three years in 2017, further boosting demand for oil in the world’s biggest and
China and Russia Strike a Major Potash Deal
China, one of the world’s biggest potash consumers, has signed a deal with Russia, one of the world’s biggest potash producers, to buy 850,000 tons
China Considers Mergers to Create Its Own “Exxon Mobil”
The Chinese authorities have for long wanted to merge China National Petroleum Corp, the parent of PetroChina, and China Petrochemical Corp, the parent of Sinopec,