News
It is intended for the new FLNG, which is being built by order of the Italian Eni.
The state-controlled Chinese Shaanxi Yanchang Petroleum Group is expected to double purchases of the Russian ESPO mixture in 2023.
The Italian company Eni signed an agreement with Chevron Corp to acquire a stake in Indonesia Deepwater Development.
Brazilian oil will replace Saudi oil in the Chinese market, as the Saudis have raised prices for their raw materials.
The merger of the Austrian Borealis and the Emirati Borouge, a joint venture between ADNOC and OMV, is being discussed.
It is also reported that Indian companies make part of the payments for Russian oil in dirhams.
Saudi Arabia’s national oil company Saudi Aramco and France’s Total Energies have signed an agreement for $11 billion, which includes the construction of a new petrochemical complex.
