Ophir to buy Southeast Asian assets from Santos for US$205 mn May 4, 2018 // 5 Comments Ophir Energy, an independent upstream oil and gas exploration and production company listed on the London Stock Exchange, [...]
Shell/CNOOC start up 2nd ethylene cracker in China May 3, 2018 // 3 Comments Dutch firm Shell’s subsidiary Shell Nanhai BV and China National Offshore Oil Corp’s 50-50 joint venture, CNOOC [...]
Sabic/ExxonMobil set up jv for Gulf coast venture May 2, 2018 // 1 Comment Riyadh-headquartered chemicals firm Sabic and US-based oil/gas company ExxonMobil have created a new joint venture to [...]
Plastics manufacturer saves money by switching to ExxonMobil’s hydraulic oil April 30, 2018 // 4 Comments Oil/gas company ExxonMobil helped Kotronis Plastics make an annual saving of more than €17,000 by switching its Sumitomo [...]
Shell to write down its reserves in the Groningen gas field April 27, 2018 // 1 Comment Royal Dutch Shell announced recently that it would write down its reserves in the Groningen gas field following the Dutch [...]
Sumatec wins US$20 million contract to develop Kazakhstan oil and gas field April 25, 2018 // 1 Comment Malaysia’s Sumatec Resources Sdn Bhd has secured a US$20 million contract from China’s Talap Munai Service LLP to [...]
China’s Hengli wins approval to import 400, 000 barrels of crude oil per day, the largest to date for a private refiner April 23, 2018 // 2 Comments Chinese private chemical producer Hengli Group has won state approval to import 400,000 barrels per day (bpd) crude oil. [...]
Shell subsidiary wins four more deep-water exploration blocks April 23, 2018 // 1 Comment Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (“Shell”), has nabbed four additional deep-water, [...]
Short-term global oil demand still strong despite increasing focus on electric vehicles – report April 20, 2018 // 2 Comments A new report from IHS Markit has found that short-term oil demand is still growing strong and will continue to do so through [...]
Sarawak’s integrated O&G supply base to begin operations by 4Q19 April 20, 2018 // 4 Comments Sarawak’s integrated oil and gas (O&G) supply base at the Second Inner Harbour in Bintulu Port will kick-start [...]