U.S oil closes down 4.3 % – lowest since 2009August 20, 2015 // 2 CommentsU.S. oil prices are now the lowest since 2009, having ended down by 4.3 % on Wednesday. This was following the unexpected [...]
Nynas celebrates 30 years in Germany, introduces new product line NybaseAugust 20, 2015 // 3 CommentsNynas, the leading supplier of naphthenic oils in Germany, celebrates its 30th year in the country. “Our success is a [...]
JG Summit H1 net income increases 4.4%August 19, 2015 // 1 CommentJG Summit announced that its first semester net income inched slightly by 4.4 % to P13.43 billion. Discounting the one-time [...]
KKR Losses may hit $5 BillionAugust 19, 2015 // 3 CommentsThe situation is getting bad for KKR & Co. Its energy buyout Samson Resources Corp., is about to enter bankruptcy by [...]
Bids to fix Iran’s refineries come flowing in as sanctions near an endAugust 18, 2015 // 2 CommentsInternational bids to fix Iran’s refineries have been flowing in as sanctions against the country near an end. NIORDC, its [...]
Shell secures right to Artic oil and gas drillingAugust 18, 2015 // 2 CommentsShell has been granted a permit to start drilling in the Artic Ocean. The Interior Department gave conditional approval in [...]
Oil stocks, Tenaga lose as Ringgit weakensAugust 18, 2015 // 2 CommentsKUALA LUMPUR: Oil stocks and Tenaga are losing due to the weakened Ringgit. This has pushed FBM KLCI down more than 24 [...]
Oil and gas stocks lowAugust 18, 2015 // 2 CommentsOil and gas companies have been hard hit by the fall in the equities market and the ringgit, forcing some to scale back its [...]
PTT Global reduces its export of naphthaAugust 18, 2015 // 2 CommentsThe decline in global crude oil prices is making Thailand’s PTT Global Chemical PCL reduce its export of naphtha and using [...]
Iran expects petrochemicals exports to boom after sanctions are liftedAugust 17, 2015 // 2 CommentsIran expects a boom in petrochemicals export after sanctions are lifted in Sanctions against Iran, due to be lifted in [...]