Oil

The Indonesian government announced that a massive oil spill happened over the weekend, claiming the lives of 5 people. The [...]

Saudi Basic Industries Corp (Sabic) plans to up production capacity 70 % by 2025. This comes as the Middle East’s [...]

Saudi Arabia’s state-owned energy company Saudi Aramco has taken the first steps to integrate a petrochemicals business [...]

More oil rigs have been added by US energy firms for the third time in four weeks as crude prices drifted from a three-year [...]

Kinder Morgan Canada has announced that it is suspending work on the much-protested C$7.4 billion (US$5.8 billion) oil [...]

Austrian oil and gas group OMV said it will take a 20 % interest in two oilfields off the United Arab Emirates. This would [...]

Indian Oil Corp announced recently that it is planning to invest 1.43 trillion rupees (US$22 billion) in the next five years [...]

Shell has completed the sale of its 50% equity interest (Sabah Shell Petroleum Company Limited 25% and Shell Sabah Selatan [...]

Abu Dhabi National Oil Company (Adnoc) recently signed two agreements with Idemitsu Kosan Co Ltd of Japan and SCG Chemicals [...]

Malaysia’s state oil/gas company Petronas and Saudi Arabia’s national oil company Saudi Aramco have set up two joint [...]