Oil

A new deepwater exploration discovery in the Gulf of Mexico has been made by Shell. The Fort Sumter well’s recoverable [...]

An exclusive one-day event, organized by Lloyd’s Register, was held at the NITC in Tehran, Iran where 130 senior oil and [...]

July 26, 2016 // 0 Comments

Sabic and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical [...]

Several indicators are already showing signs of the oil industry ‘weakening’ if major oil companies continue to operate [...]

July 22, 2016 // 3 Comments

The resin coated proppant manufacturing facility in Canada by Hexion Inc.’s Oilfield Technology Group (OTG) is expanding [...]

July 22, 2016 // 2 Comments

A binding Purchase and Sale Agreement (PSA) has been entered by Woodside Petroleum Ltd. with ConocoPhillips’, with [...]

July 20, 2016 // 3 Comments

Cargill has suspended its ties with the Malaysian palm oil giant IOI Group following the latter’s certification suspension [...]

July 18, 2016 // 3 Comments

Oil tankers are sailing without interruption in Turkey’s waters and are loading and unloading shipments normally at the [...]

Saudi Arabia plans to build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient [...]

BP recently announced that it can now reliably estimate all of its remaining liabilities in connection with the 2010 [...]

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