Oil

Oil production by OPEC member countries is at a three-year high despite falling oil prices. The price of oil is below US$50 [...]

Shell bounced back from a weak year last year by posting net profit of RM322.19mil. This was almost four times the first [...]

A transaction involving the purchase of Major Sourcing LLC by Shale-Inland Holdings completed on July 27, 2015. Major will [...]

India’s GAIL is expected to produce a whopping 1.7 million tonne per annum of petrochemicals – nearly double its current [...]

KUALA LUMPUR: MT Joaquim, a tanker containing 3, 500 metric tonnes of oil which was feared to have been lost, has been found [...]

White Marlin Oil and Gas Company announced today that it has sealed the acquisition of assets of Dune Energy, Inc., Dune [...]

National trade association API has applauded the legislative efforts undertaken to ease restrictions on U.S. oil. “At [...]

A contract to supply thermal insulation, corrosion and passive fire production (PFP) has been secured by Trelleborg’s [...]

The Oilfield Technology Group (OTG) of Hexion Inc. today announced the release of AquaBond™ proppant, a new resin coated [...]

Hibiscus Petroleum Bhd will purchase a 50 % stake in Anasuria Cluster oil and gas fields. The deal amounts to US$52.5mil [...]

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