Sabah intends to explore new oil field in Sandakan April 15, 2015 // 2 Comments KOTA KINABALU – Sabah is keen to develop a new oil field in Sandakan, Chief Minister Datuk Seri Musa Aman said. While [...]
Lukoil most likely to pull out of Saudi Arabia due to sink in oil price April 14, 2015 // 3 Comments Lukoil is Russia’s largest private oil company. The Russian energy industry’s ventures abroad often parallel [...]
Falkland Oil and Gas (FOGL) cancels plans for second oil well April 14, 2015 // 2 Comments Falkland Oil and Gas (FOGL), together with Noble Energy and Edison International have scrapped plans to drill a second oil [...]
Oil output rises in Iran April 14, 2015 // 3 Comments World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world [...]
Oil increases slightly amidst betting by traders April 13, 2015 // 1 Comment Front-month Brent crude futures LCOc1 were trading up 5 cents a US$57.92 a barrel by 0556 GMT while U.S. crude CLc1 had [...]
Despite oil boost, East Asian economies might slow down April 13, 2015 // 1 Comment EAST Asia and Pacific might slow down this year despite the boost in oil prices. Growth in China is likely to moderate [...]
UMW Oil and Gas bids for more than RM 5 billion of contracts: CIMB Equities Research April 13, 2015 // 3 Comments KUALA LUMPUR – UMW Oil and Gas is looking into 22 contracts worth RM 5.4 billion, CIMB Equities Research say. It said [...]
Oil and gas rig count in the US drops: Baker Hughes Inc. April 13, 2015 // 2 Comments HOUSTON —Baker Hughes Inc. has stated that oil and rig count has fallen by 40 this week. This brings the number of oil and [...]
Russia and Vietnam inks oil and gas agreement April 10, 2015 // 0 Comments The Russian oil company Gazprom Neft has tentatively agreed to buy a 49 % share of Vietnam’s only oil refinery and to join [...]
Morocco eyes Mediterranean oil & gas with offshore deal April 10, 2015 // 1 Comment Continuing their push for more energy diversity, Morocco inked an agreement with an Abu Dhabi firm to explore offshore oil [...]