LUKOIL and Gazprom Neft sign binding agreement

MOSCOW: PJSC LUKOIL and PJSC Gazprom Neft concluded sale and purchase agreement for 50% equity share of Meretoyakhaneftegaz LLC, a Gazprom Neft wholly owned subsidiary. The contract was signed as…

Pakistan Refinery announces $1.2bn expansion

KARACHI: State owned Pakistan Refinery Limited (PRL) has announced a $1.2 billion expansion, which would increase crude processing capacity to 100,000 barrels/day. Moreover, with this expansion, PRL will comply with…