Pertamina registers US$1.99 billion of profit November 3, 2017 // 2 Comments Indonesia’s state oil and gas company Pertamina booked a net profit of US$1.99 billion in the first nine months of 2017. [...]
Canada oil, gas drilling to climb 5 % in 2018: industry body November 3, 2017 // 4 Comments Canadian oil and gas drilling activity will climb 5 % in 2018 as a gradual uptick in crude prices gives rise to cautious [...]
Italmatch Chemicals buys Sudamfos do Brasil November 1, 2017 // 3 Comments Italmatch Chemicals, a Global Specialty Chemical Group leader in the production and marketing of performance additives for [...]
Malaysia calls for fund to raise awareness of palm oil among European consumers November 1, 2017 // 2 Comments The Malaysian government has been urged to create a fund for the promotion of awareness programmes to educate consumers, [...]
‘Budget 2018 could have allocated more for oil-producing Sabah and Sarawak – Malaysian assemblyman’ October 30, 2017 // 2 Comments At least half of Putrajaya’s development budget should have been allocated to Sabah and Sarawak as both are among the [...]
11 Venezuelan oil company executives arrested on corruption charges October 30, 2017 // 1 Comment Venezuelan authorities have arrested 11 executives of the state oil company PDVSA on corruption charges, Venezuelan [...]
Saudi Arabia to build a US$500 billion metropolis, 33 times the size of NYC October 27, 2017 // 2 Comments Saudi Arabia says it will build a US$500 billion mega-city so its economy will focus less on crude oil. The project, called [...]
Kosmos enters Equatorial Guinea with three new oil and gas contracts October 25, 2017 // 1 Comment The Ministry of Mines and Hydrocarbons of Equatorial Guinea Kosmos Energy of the US and national oil company GEPetrol have [...]
Aker BP acquires Hess’ Norway unit for US$2 billion October 25, 2017 // 1 Comment Aker BP will add the Norwegian operations of U.S. oil company Hess to its expanding exploration and production portfolio [...]
Envoy: more Norwegian companies, especially in the O&G sector, to be set up in Malaysia October 23, 2017 // 2 Comments The number of Norwegian companies in Malaysia is expected to increase in the next two to three years from the existing 50 as [...]