ExxonMobil acquires Singapore petchem plant Jurong AromaticsAugust 28, 2017 // 3 CommentsExxonMobil Chemical Company, one of the world’s largest petrochemical companies, has completed its acquisition of one of [...]
Petronas seeks to balance portfolio through overseas oil expansion prospectsAugust 25, 2017 // 1 CommentMalaysian oil and gas firm Petroliam Nasional Berhad (Petronas) continues to seek out opportunities to expand its presence [...]
Rosneft pays India’s Essar Group’s US$2.4 bn debt to Iran after acquisitionAugust 25, 2017 // 5 CommentsRussian oil giant Rosneft settled the more than US$2.4 billion debt owed by Indian conglomerate Essar Group to Iran’s [...]
Rosneft and partners complete US$12 bn buy of India’s Essar OilAugust 22, 2017 // 1 CommentRussian oil major Rosneft, oil trader Trafigura and Russian fund UCP have closed the US$12.9 billion purchase of Indian oil [...]
PH aims to speed up oil, coal resource development with new policy schemeAugust 21, 2017 // 1 CommentA new policy scheme for awarding contracts for oil and coal exploration in the Philippines has been introduced by the [...]
Japan’s INPEX showing investment interest in Iran’s Azadegan oil fieldAugust 21, 2017 // 6 CommentsJapan’s largest oil and gas exploration and production company, INPEX Corporation, is showing eagerness in investing for [...]
New JV between Iraq, Arab partners will allow for coordinated global oil tradeAugust 18, 2017 // 1 CommentThe new joint venture signed by Iraq and its Arab partners will result in coordinated transport, storage and trade of crude [...]
Pertamina to conduct joint marketing efforts with Rosneft, Saudi AramcoAugust 18, 2017 // 1 CommentRussia’s Rosneft and Saudi Arabia’s state-owned Saudi Aramco have both agreed to conduct joint marketing efforts with [...]
China to issue oil exploration tenders, build two shale gas facilitiesAugust 16, 2017 // 3 CommentsChina will be issuing more oil and gas exploration tenders, and will also be building two shale gas facilities in the [...]
Indonesia’s oil and gas sector faces declineAugust 16, 2017 // 3 CommentsIndonesia’s oil and gas sector, once considered to be a cornerstone of the country’s economy, is now in a slump as it [...]