Oil

May 29, 2015 // 2 Comments

U.S. drillers cut the number of rigs by just one this week, data showed on Friday, signaling that higher crude prices may be [...]

May 29, 2015 // 1 Comment

JUBAIL – The investment volume in Jubail has reached SR560 billion, including SR501 billion for the private sector, [...]

May 28, 2015 // 1 Comment

UOP LLC, a Honeywell company, announced that Japan’s Taiyo Oil Co. Ltd. has begun producing petrochemicals with [...]

May 28, 2015 // 3 Comments

Shell Oil’s Arctic-bound drilling rig Polar Pioneer has failed to pass a United States Coast Guard inspection, according [...]

May 27, 2015 // 1 Comment

DUBAI – Egypt’s privately owned Carbon Holdings has signed a debt financing deal with the UAE’s Gulf [...]

May 27, 2015 // 3 Comments

Crude oil rig count falls Last week, Baker Hughes (BHI) released its weekly United States crude oil rig count report. The [...]

May 26, 2015 // 3 Comments

NEW DELHI: State-run Mangalore Refinery and Petrochemicals Ltd has drawn up plans to open over 100 retail outlets in the [...]

May 25, 2015 // 2 Comments

In a bid to consolidate its position in the polyurethane market,Manali Petrochemicals Ltd (MPL), a part of Ashwin Muthiah [...]

May 25, 2015 // 2 Comments

At 1:00 p.m. ET, we’ll get the latest count of US oil and gas rigs from driller Baker Hughes. Last week, the number of oil [...]

May 22, 2015 // 1 Comment

Cargill, Inc. has denied rumours that the commodities trader is shutting down its fuel oil operations [...]

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