Chinese refineries have turned towards raw materials from Brazil
Brazilian oil will replace Saudi oil in the Chinese market, as the Saudis have raised prices for their raw materials.
17 July 2023
ADNOC and OMV are negotiating to create a petrochemical giant
The merger of the Austrian Borealis and the Emirati Borouge, a joint venture between ADNOC and OMV, is being discussed.
05 July 2023
Indian refineries have started paying for oil supplies from Russia in yuan
It is also reported that Indian companies make part of the payments for Russian oil in dirhams.
03 July 2023
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