Petrobras partners with China to operate Comperj refinery October 18, 2018 // 1 Comment Brazilian oil firm, Petrobras, has signed an Integrated Project Business Model Agreement (IPBMA) with China National Oil and [...]
Taiwan and Indonesia team up to build a naphtha cracker October 18, 2018 // 5 Comments CPC, a Taiwanese energy company, signed a pact with Indonesian oil and gas company, Pertamina, to construct a naphtha [...]
Continental takes to the seas with floating oil barrier October 11, 2018 // 1 Comment Technology company Continental has developed a new generation of floating oil barriers. With a width of 3200mm, they are [...]
Baker Hughes acquires minority stake in Adnoc Drilling; to support its growth October 11, 2018 // 1 Comment The partnership represents the first time that Adnoc has brought an international strategic partner to acquire a direct [...]
Aramco and Total launch engineering studies for US$5 bn petchem complex in Jubail October 9, 2018 // 0 Comments Amin H. Nasser, President/CEO of Saudi Aramco and Patrick Pouyanné, Chairman/CEO of Total have signed a joint development [...]
Hibiscus Petroleum purchases two oilfields in the UK October 9, 2018 // 4 Comments Hibiscus Petroleum Berhad is buying a 50% share in two oil blocks located offshore on the North Sea. Anasuria Hibiscus UK [...]
Growth potential on Southeast Asia’s offshore market October 5, 2018 // 1 Comment For the first time in three years since the 2014 dip in oil prices that resulted in major companies pulling their [...]
Bharat to go ahead with petchem unit in Kerala October 2, 2018 // 4 Comments India’s Bharat Petroleum Corporation Ltd (BPCL) is proceeding with its investment of U$1.5 billion for setting up a [...]
McDermott to provide Lummus olefins tech in Thailand October 2, 2018 // 3 Comments Engineering firm McDermott International has been awarded a sizeable technology contract (of between US$1 to US$50 million) [...]
BASF/LetterOne to merge oil/gas businesses to form new jv October 1, 2018 // 1 Comment German conglomerate BASF and LetterOne are to merge their respective oil and gas businesses – Wintershall and DEA – in a [...]