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Rosneft increases its share in Bayernoil refinery
Rosneft Deutschland, a subsidiary of Russian oil giant, has completed the deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft from British BP, Rosneft said on 17 January, adding that as result of this deal, Rosneft increased its shareholding to 28.57% from 25%.
read more... 22/01/2020
Russia's VEB signs deal to build 2 bln euro refinery in Morocco -report
Russian state development bank VEB signed a deal on Wednesday to build a 2 billion euro ($2.2 billion) oil refinery in Morocco, the north African country’s state news agency MAP said.
read more... 24/10/2019
UAE to invest $5 billion in Pakistan refinery project soon: report
ISLAMABAD: Talks between Pakistan and the United Arab Emirates on an $5 billion oil refinery project have almost completed and the project would be launched by the end of this year, it emerged Friday.
read more... 04/10/2019
Daily (22.01.2019): French spot power prices surged by 13.2% on Monday on reduced nuclear availability due to strike
Oil prices inched up on Monday amid investors’ optimism driven up by surging stock markets and signs of weaker crude production due to OPEC-led output cuts. A record crude oil refinery throughput in 2018 reported by China’s National Bureau of Statistics supported the prices. However, a slowing economy and tensions between US and China limited gains. Brent crude edged 0.1% higher at $62.74 a barrel, while WTI futures rose by 0.7% to $54.17 a barrel.
read more... 22/01/2019
SOCAR's STAR refinery in Turkey's İzmir to be inaugurated today
The State Oil Company of Azerbaijan Republic's (SOCAR) Turkey Aegean Refinery (STAR) in İzmir's Aliağa district will be inaugurated today.
read more... 19/10/2018