Latest rig count by Baker Hughes 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 [...]
Cargill: No Plans to Exit Singapore, China Fuel Oil Market May 22, 2015 // 1 Comment Cargill, Inc. has denied rumours that the commodities trader is shutting down its fuel oil operations [...]
Iran sets oil sights on Asia May 22, 2015 // 1 Comment Iran will be among the top oil suppliers for Asian consumers if sanctions are lifted as the result of nuclear talks, [...]
Pemex mulls selling refining, petrochemical businesses – report May 22, 2015 // 4 Comments Mexican state-run oil firm Pemex could sell its refining and petrochemical business and invest the proceeds in more [...]
Faroe Petroleum reaches depth target on Bister well; no hydrocarbons found May 20, 2015 // 1 Comment Faroe Petroleum, the UK-headquartered independent oil and gas company focusing principally on exploration, appraisal and [...]
Al-Zamil chief bags petrochem technology prize in US May 20, 2015 // 2 Comments Eng. Abdulaziz Abdullah Al-Zamil, chairman of Saudi Arabia’s Al-Zamil Group Holding Company received the prestigious [...]
Pertamina to up fuel supply; bids for majority stake in a SEA refinery May 18, 2015 // 1 Comment Pertamina, the Indonesian state-owned oil and natural gas corporation based in Jakarta, is bidding for a majority stake in a [...]
Abu Dhabi pivots for Asia partners in US$22bn oil push May 15, 2015 // 1 Comment Abu Dhabi, with 6% of global crude reserves, selected GS Energy Corp of South Korea to join Japan’s Inpex Corp as the [...]
Korea’s GS Energy takes 3% stake in Abu Dhabi’s onshore oilfields May 15, 2015 // 3 Comments South Korea’s GS Energy, backed by the Asian country’s state-owned oil producer, will take a 3 % stake in Abu Dhabi’s [...]
Oil ends down despite U.S. crude draw; stockpiles still hefty May 15, 2015 // 4 Comments Oil prices fell after initially rallying on Wednesday as worries about huge supplies weighed on the market despite a second [...]