China's Sinopec and Kazakh state-owned oil and gas company KazMunayGaz have agreed key terms for a potential investment in a polyethylene plant in Kazakhstan's western Atyrau region, a statement by Sinopec said on Thursday.
Azerbaijan's oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey were up by 6.8% year-on-year in the first four months of this year at 9.802 million tonnes, the State Statistics Committee said on Wednesday.
Venezuelan state oil company PDVSA has restarted operations at a crude oil distillation unit at its El Palito refinery after a stoppage due to an electrical failure last week, five sources familiar with the incident said on Tuesday.