Burning Iranian oil tanker Sanchi finally sinks January 15, 2018 // 3 Comments A burning Iranian oil tanker that had drifted into Japan’s exclusive economic zone has sunk after a collision on January [...]
More oil from Algeria sent to Cuba as Venezuelan supplies fall January 12, 2018 // 2 Comments State energy firm Sonatrach recently said that Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship [...]
11 men charged with oil-theft at Shell’s refinery January 10, 2018 // 1 Comment Eleven men were charged in a Singapore court recently in connection with a large-scale oil theft at Shell’s biggest [...]
Iranian oil tanker still ablaze after collision off China’s coast January 8, 2018 // 4 Comments A tanker carrying Iranian oil that collided with a Chinese freight ship in the East China Sea over the weekend was still [...]
U.S. Energy department to invest US$30 million to boost fossil fuels output January 5, 2018 // 1 Comment Six small U.S. oil and natural gas drilling projects will receive about US$30 million in federal funding for research and [...]
Shareholders in Brazil want Petrobras to match US$3 billion U.S. settlement January 5, 2018 // 2 Comments Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar [...]
Petrobras to pay US$2.95 billion to settle U.S. class action over corruption January 4, 2018 // 2 Comments Brazil’s state-controlled oil company, Petroleo Brasileiro SA, has agreed to pay US$2.95 billion to settle a U.S. class [...]
Canada’s Suncor, Teck buy part of Total stake in oil sands mine January 4, 2018 // 2 Comments Suncor Energy Inc, Canada’s second-largest energy producer, together with Teck Resources Ltd have taken higher stakes in [...]
Daya Materials nabs chemical supply contract from Petronas Carigali December 28, 2017 // 2 Comments Daya Materials Bhd has secured a contract from Petronas Carigali Sdn Bhd for the provision of integrated production [...]
O&G players readjusting to low oil price environment December 28, 2017 // 1 Comment The year 2017 saw some improvements in the oil and gas industry as efforts by the Organisation of the Petroleum Exporting [...]