ExxonMobil acquires Singapore petchem plant Jurong Aromatics August 28, 2017 // 3 Comments ExxonMobil 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 prospects August 25, 2017 // 1 Comment Malaysian 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 acquisition August 25, 2017 // 5 Comments Russian 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 Oil August 22, 2017 // 1 Comment Russian 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 scheme August 21, 2017 // 1 Comment A 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 field August 21, 2017 // 6 Comments Japan’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 trade August 18, 2017 // 1 Comment The 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 Aramco August 18, 2017 // 1 Comment Russia’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 facilities August 16, 2017 // 3 Comments China 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 decline August 16, 2017 // 3 Comments Indonesia’s oil and gas sector, once considered to be a cornerstone of the country’s economy, is now in a slump as it [...]