Petronas sets proper strategies in place to face challenges ahead March 26, 2018 // 3 Comments Malaysia’s state-owned Petronas has outlined a growth plan to face challenges ahead. “When people ask me about the [...]
ExxonMobil considers PP production expansion along US Gulf Coast March 26, 2018 // 3 Comments US chemical firm ExxonMobil has started detailed engineering work on a potential US Gulf Coast project to expand [...]
Thailand’s Pttep to boost output in Southeast Asia March 23, 2018 // 2 Comments As oil prices recover, Thailand’s energy company PTT Exploration and Production (Pttep) is looking closer to home in [...]
Baker Hughes GE optimistic of future; focusing on increasing digital capabilities to cut cost March 22, 2018 // 1 Comment By Mohani Niza Despite the market downturn of 2014 which saw the global oil price plummet, Baker Hughes Ge (BHGE) – [...]
OTC Asia 2018 begins; Petronas head emphasises the importance of technology to cope with industry’s challenges March 21, 2018 // 2 Comments The oil and gas industry must always strive to remain competitive during this period of economic turmoil by focusing on new [...]
Negotiation deal finalised; Petronas’ Rapid project to receive US$7 billion in investment from Saudi Aramco March 21, 2018 // 2 Comments Negotiation deals have been finalised and Saudi Aramco has agreed to invest US$7 billion in Petronas’ Refinery and [...]
Eni wins big with US$1.8 billion in oil and gas deals with Abu Dhabi March 21, 2018 // 2 Comments Italian energy firm Eni SpAhas bagged contracts to pump oil at two blocks off the coast of Abu Dhabi and sold the Middle [...]
Construction of Saudi Aramco shipyard joint venture starts March 21, 2018 // 4 Comments Oil rig builder Lamprell Plc recently announced that the construction workon a joint venture to build a shipyard on Saudi [...]
Adnoc awards France’s Total with two stakes as it embarks on giant gas cap development March 19, 2018 // 1 Comment The Abu Dhabi National Oil Company (Adnoc) has awarded two stakes in two of Abu Dhabi’s new offshore concessions to [...]
Oil price increases, but supply is growing at a faster rate March 16, 2018 // 4 Comments Oil prices edged higher in choppy trade on Thursday after the International Energy Agency said global oil demand is expected [...]