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 [...]
Azerbaijan’s SOCAR extends “contract of the century” with BP, other firms September 15, 2017 // 4 Comments Azerbaijan’s energy major State Oil Company of Azerbaijan Republic (SOCAR) has extended a deal, dubbed as the “contract [...]
China’s CEFC buys stake in Russia’s Rosneft for US$9 billion September 13, 2017 // 0 Comments Chinese oil company CEFC China Energy Co is buying a minority stake of 14% in Rosneft PJSC, Russia’s largest crude oil [...]
Shells aims to expand operations in Asia with vehicle charging stations September 13, 2017 // 2 Comments Multinational oil and gas firm Royal Dutch Shell is looking to expand its marketing operations in the Asia region. With [...]
Iran to increase oil output to 4.5 mn bpd in five years, NIOC CEO says September 11, 2017 // 2 Comments Iran will be raising its oil production to reach 4.5 million barrels per day (bpd) within five years, said National Iranian [...]