Indian Oil plans to invest Rs 1.75 trillion in 7 years September 16, 2015 // 4 Comments Indian Oil plans to invest Rs 1.75 trillion over the next seven years to expand the refining output by 54% to 100 metric [...]
OPEC: world will need more oil in 2016 September 15, 2015 // 4 Comments The Organization of the Petroleum Exporting Countries (OPEC) predicts that there will a greater demand for crude oil next [...]
ExxonMobil expands in SG to produce Mobil 1 September 15, 2015 // 1 Comment ExxonMobil is planning to build a new lubricant plant in its refinery in Jurong Island, Singapore. The plant is set to [...]
Sinopec will sell hotels and cars to curb corruption September 14, 2015 // 1 Comment Sinopec Group, an oil company owned by the Chinese government, plans to sell its hotels and cars to after a corruption [...]
Fuel shortage in Manipur, India worsen September 11, 2015 // 3 Comments The current fuel shortage in Imphal worsen as people line up outside the petrol stations and wait for hours just to get [...]
Mexico is opening upstream energy industry, drives new investment September 10, 2015 // 5 Comments There’s a flurry of activity in Texas-Mexico border. Mexico’s recent opening its upstream energy industry and access to [...]
Scomi will have RM8.6mil worth of O&G tenders next year September 10, 2015 // 1 Comment Malaysian company Scomi Group Bhd expects to have RM8.67 billion (USD 2 billion) worth of oil and gas tenders for fiscal [...]
China gets contract to explore more O&G sites in Sudan September 10, 2015 // 3 Comments China gets a new contract to explore new areas for oil and gas in Sudan. Sudan’s Petroleum and Gas Minister Mohamed [...]
RM845mil Sapken bond taken by single investor September 10, 2015 // 3 Comments An unnamed investor has taken up SapuraKencana Petroleum Bhd’s (SapKen) RM845.8 million (USD200 million) sukuk issuance, [...]
Foreign Investors leave Indonesian petrol industry September 9, 2015 // 1 Comment Foreign investors investors in the oil and gas industry are leaving Indonesia because of the countries “complicated [...]