Oil

China has now overtaken Canada as the biggest importer of US light crude oil, according to data by the US Census Bureau [...]

April 5, 2017 // 4 Comments

Ineos is taking over the Forties Pipeline System (FPS) and its associated oil and gas assets in the UK North Sea from BP in [...]

Butamax Advanced Biofuels, a 50/50 joint venture between oil/gas company BP and Netherlands-headquartered chemicals firm [...]

Saudi Arabia and Abu Dhabi will be teaming up to improve their oil and gas, renewables and carbon management industries [...]

April 3, 2017 // 3 Comments

A Kuwaiti oil refiner firm is set to receive US$1 billion in funding from the Japan Bank for International Cooperation [...]

Indonesian state-owned oil and natural gas company Pertamina will develop and construct six oil refineries as it aims to [...]

Russia and Iran have agreed to expand their economic cooperation in the oil and gas industry. During Iranian President [...]

The US exported an average of 520,000 barrels of crude oil per day in 2016, which is 12% or 55,000 barrels more than what [...]

North Sea oil exploration company Hurricane Energy has discovered what it describes as the “largest undeveloped” oil [...]

Members of the Organization of Petroleum Exporting Countries (OPEC), along with other non-OPEC nations, will consider an [...]

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