Oil prices are set to exceed $100 per barrel in all three scenarios for global energy developments through 2050, with inflation and carbon prices potentially sending oil to $380 a barrel in 2050, Russia’s oil producer Lukoil said in its long-term energy outlook on Friday. The “Transformation” scenario of Russia’s second-largest producer behind Rosfnet assumes an aggressive […]
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1-Introducing different kinds of bitumen Iran has the capacity to produce for million tons of bitumen by the state and private sectors. State refineries supply the primary material of bitumen called Vaccum Bottom through stock exchange, and then private and semi-state sectors transform to different varieties of bitumen grade as follow: –Penetrating bitumen This is […]