DNV GL wins frame agreement with CLP Hong Kong August 28, 2015 // 3 Comments DNV GL, the technical advisor to the oil and gas industry, has been awarded a framework agreement by CLP Hong Kong to [...]
10 offshore oil rigs delayed by SeaDrill August 28, 2015 // 2 Comments The delivery of 10 offshore oil rigs and drillships has been delayed by SeaDrill Ltd. It expects challenging market [...]
CLIQ Energy buys all Kazakh oil assets August 28, 2015 // 3 Comments CLIQ Energy is acquiring oil producing assets in Kazakhstan. This is despite having to spend more for the purchase. The [...]
Shanghai Petrochemical 2015 Interim Results August 28, 2015 // 5 Comments Sinopec Shanghai Petrochemical Company Limited posted yesterday its 2015 interim results. According to IFRS, turnover for [...]
Indian petrochemical industry to reach US$280 billion by 2020 August 26, 2015 // 1 Comment The Indian petrochemical industry, plastics, packaging and printing are expected to reach US$280 billion by 2020. The four [...]
Oil dips 6 % August 26, 2015 // 3 Comments Oil dipped sharply by 6 % on Monday. A near 9-% fall in China shares roiled global markets and sent the Dow Jones Industrial [...]
Ferguson Group introduces new bunded tank to its Offshore Fleet August 25, 2015 // 2 Comments Ferguson Group , a leading supplier of offshore DNV 2.7-1 / EN12079 certified containers, mud skips, tanks, [...]
Energy Transfer pursues bid of Magnum Hunter stake in pipeline unit August 25, 2015 // 0 Comments Energy Transfer Equity LP is bidding for Magnum Hunter Resources Corp’s stake in natural gas gathering unit Eureka [...]
Iran suggests an OPEC emergency meeting to halt further decline of oil price August 25, 2015 // 2 Comments Iran’s Oil Minister, Bijan Zanganeh, announced on Sunday that an emergency meeting by the Organization of the [...]
Iran’s petrochemical industry offers huge reward for investors willing to take the risk August 25, 2015 // 2 Comments Once and if the sanctions are lifted, investing in the Iranian petrochemicals will offer huge rewards but only if investors [...]