China will introduce crude oil futures soon December 4, 2017 // 2 Comments China is in the final stages of preparation to launch crude oil futures, the vice-chairman of the country’s securities [...]
Sinopec to sell Argentina oil assets for up to US$600 million–source November 29, 2017 // 2 Comments China’s Sinopec has decided to sell its oil assets in Argentina for US$500 million to US$600 million to Mexican company [...]
As pressure for profit increases, oil giants look toward shale technology November 29, 2017 // 5 Comments Shale oil engineer Oscar Portillo spends his days drilling as many as five wells at once – without ever setting foot [...]
Saudi Aramco and SABIC signs MOU to develop innovative crude oil to chemicals complex November 27, 2017 // 1 Comment Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals [...]
Ineos moves into deep water oil and gas exploration in the North Sea November 24, 2017 // 0 Comments Chemicals company Ineos is entering into deep water oil and gas exploration in the North sea. It has bought a majority stake [...]
TSH Resources Q3 pre-tax profit rises to RM52.75 Million November 24, 2017 // 2 Comments TSH Resources Bhd’s pre-tax profit rose to RM52.75 million in the third quarter (Q3) ended Sept 30, 2017 from RM22.43 [...]
Malaysia-Brunei annual leaders’ consultation sees signing of accord on oil, gas November 24, 2017 // 2 Comments The 21st Malaysia-Brunei Annual Leaders’ Consultation here today saw the signing of the Unitisation Framework [...]
The Malaysian Sustainable Palm Oil (MSPO) to be reviewed in 2018 November 24, 2017 // 2 Comments The Malaysian Sustainable Palm Oil (MSPO) certification scheme will be reviewed next year to strengthen, streamline and [...]
Deleum posts higher 9-month pre-tax profit of RM34.0 million November 22, 2017 // 2 Comments Deleum Berhad, provider of a diverse range of supporting specialised products and services to the oil and gas industry, [...]
Palm oil mill operations suspended for 3 months for ammonia pollution November 20, 2017 // 5 Comments The operating licence of a palm oil mill has been immediately suspended for three months for causing ammonia pollution to a [...]