Reuters poll: Malaysian palm oil stocks hit 9-month high October 9, 2017 // 1 Comment A recent poll by news agency Reuters have found that Malaysian palm oil stocks hit its 9-month high in September, reaching [...]
Saudi Aramco to launch new unit in India October 6, 2017 // 1 Comment Oil giant Saudi Aramco is set to open an Indian subsidiary next week, three sources said, as the top global oil exporter [...]
Sibur, RDIF and Saudi Aramco sign MOU on possible collaboration in Russia and Saudi Arabia October 6, 2017 // 3 Comments Sibur, the Russian Direct Investment Fund (RDIF) and Saudi Arabian Oil Company (Saudi Aramco) signed a Memorandum of [...]
Petronas Chemicals sells stake in unit to Aramco for US$900 mn October 2, 2017 // 1 Comment Petronas Chemicals Group, the petrochemicals arm of Malaysia’s national oil/gas firm Petronas, has sold a 50% stake in its [...]
Import of Iranian crude oil by Asian buyers at five-month high October 2, 2017 // 1 Comment Asia’s imports of Iranian crude oil has hit a five-month oil since March. This is made possible by purchases by South [...]
PH to pursue oil, gas exploration near disputed waters with Chinese firm September 29, 2017 // 1 Comment The Philippines is looking to pursue oil and gas exploration near disputed in the South China Sea in a stalled project the [...]
Export monitoring mechanism to be discussed under OPEC oil cut deal September 22, 2017 // 0 Comments An oil export monitoring mechanism will be part of the discussions under the oil output cut framework deal between OPEC and [...]
UAE offers up to 20% stake in oilfield to Indian oil firms September 22, 2017 // 2 Comments The United Arab Emirates’ (UAE) Abu Dhabi National Oil Company (ADNOC) has offered up to 20% stake in its oilfield to [...]
OPEC mulls further 1% reduction in oil supply cut, Iraqi minister says September 20, 2017 // 1 Comment Oil producers, including Iraq, are considering reducing a further 1% from the global oil output cut deal to help in [...]
Total in talks with Google, Microsoft on use of AI in oil, gas sector September 20, 2017 // 1 Comment French oil firm Total is currently in talks with tech giants Google and Microsoft regarding the development and application [...]