Sun Pharma’s Dilip Shanghvi to acquire 23% in Suzlon EnergyFebruary 17, 2015 // 0 CommentsThe Dilip Shanghvi family, founders of Sun PharmaBSE will acquire a 23% stake in debt-laden Suzlon Energy BSE 19.84 % with a [...]
Oil price drop leads to lower petrochem prices, weaker market; boosts demandFebruary 16, 2015 // 3 CommentsAccording to an analysis by IHS Chemical, the recent decline in global oil prices is causing some petrochemical supply chain [...]
Gas stock crowded with sellersFebruary 13, 2015 // 3 CommentsIn trading on Thursday, shares of AGL Resources Inc. entered into oversold territory, changing hands as low as US$49.65 per [...]
Natural gas price dropsFebruary 13, 2015 // 1 CommentThe U.S. Energy Information Administration (EIA) reported Thursday morning that US natural gas stocks decreased by 160 [...]
Malaysian oil and gas sector to account for 22 % of government revenueFebruary 13, 2015 // 1 CommentThe oil and gas (O&G) sector is projected to account for 22% of Government revenue this year. This is due to the [...]
Apache Corp slashes rig count as price of oil dropsFebruary 13, 2015 // 1 CommentApache Corp, one of the top U.S. shale oil producers, said on Thursday it would slash capital expenditures and its rig count [...]
Calgary energy companies lay off more employees as bad time hitsFebruary 13, 2015 // 1 CommentFrom job cuts to wage freezes to lower-than-expected profits, the energy sector was hit with more negative economic news [...]
Researchers convert solar energy to liquid fuelFebruary 13, 2015 // 4 CommentsResearchers at Harvard have discovered how to convert solar energy into liquid fuel, potentially accelerating our switch [...]
Delay of TAPI gas pipeline may cost US$10 bnFebruary 12, 2015 // 3 CommentsISLAMABAD- The Asian Development Bank (ADB) has warned that the cost of the Turkmenistan, Afghanistan, Pakistan and India [...]
Gas storage on vessels in Asia?February 12, 2015 // 4 CommentsSINGAPORE – Oil product traders in Asia are starting to consider storing gasoil and gasoline on tankers amid [...]