Hassan Khosrojerdi, The head of Iran’s Oil, Gas and Petrochemical Products Exporters Union unveiled on Sunday Iran’s intentions to construct six oil refineries in Indonesia.
The refineries include a heavy oil refinery (150,000 bpd) and five other smaller refineries with production capacities of around 30-50,000 bpd of gas condensates according to the NIOC. Total refining capacity wiill be around 300,000 barrels per day and will be fed by Iranian crude oil.
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A 37-year-old crew member was saved after spending three harrowing days adrift at sea following alleged abuse aboard a fishing vessel. Afif Efendy, a crew member of the fishing vessel...
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.
Satellite imagery show that Russian naval ships have left Moscow's base at Tartous on Syria's coast and some have dropped anchor offshore following the overthrow of Syrian President Bashar al-Assad by rebel forces.
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