SOCAR and BP petchem project in Turkey to start construction next year
Azerbaijan’s state energy company SOCAR, which is the largest direct foreign investor in Turkey, and UK petroleum [...]
Oil
Saudi Arabia’s TAQA to acquire Schlumberger’s drilling business for US$415 mn
Saudi Arabia’s Industrialization and Energy Services Company (TAQA) says that its drilling subsidiary, Arabian Drilling [...]
ExxonMobil to invest US$1bn to expand UK refinery
US oil/petrochemical firm ExxonMobil says it has made a final investment decision to spend more than US$1billion expanding [...]
US oil/gas sector boom a prelude to a meltdown?
Conditions in the oil and gas infrastructure sector are hauntingly similar to those preceding the coal mining equities crash [...]
Saudi Aramco to invest in India’s Reliance; take up Shell’s stake in Saudi jv
State-owned oil/gas company Saudi Aramco has been reported to be in talks to buy a stake of between 20 to 25% in the [...]
Sibur and TransContainer sign LOI on shipment of ZapSibNeftekhim polymer products
Russian chemical firm Sibur Holding and TransContainer have entered into a letter of intent (LOI) outlining joint plans for [...]
BP, Nouryon and Port of Rotterdam partner on green hydrogen study
Oil firm BP, chemical firm Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces [...]
Saudi Aramco acquires stake in Hyundai Oilbank at US$1.25 bn
State-owned oil/gas company Saudi Aramco is to acquire a 17% stake in South Korea’s Hyundai Oilbank for about US$1.25 [...]
Lukoil ramps up Caspian Fields infra development with new well, contract
Russian energy corporation, Lukoil (PJSC Lukoil Oil ) has completed construction of the seventh well at production platform [...]
ExxonMobil slated for multi-billion dollar expansion of Singapore integrated complex
US multinational oil and gas corporation, ExxonMobil, is investing on a multi-billion dollar expansion of its integrated [...]
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