Eleven non-OPEC nations agree to oil output cutsDecember 12, 2016 // 2 CommentsEleven non-OPEC nations have agreed to cut their oil production outputs and help the members of the Organization of [...]
Qatar, Glencore acquire US$11.3 bn interest in Russia’s RosneftDecember 9, 2016 // 5 CommentsThe sovereign wealth fund of Qatar along with Switzerland-based multinational commodity trading and mining company Glencore [...]
Recon Technology’s new oilfield wastewater treatment device gets patentDecember 7, 2016 // 2 CommentsChina’s State Intellectual Property Office has awarded a patent for the Oilfield Wastewater Treatment Device by Recon [...]
Private equity firms, former oil execs eyeing Southeast Asia’s energy assetsDecember 7, 2016 // 3 CommentsAs prolonged lower crude prices drive oil majors hungry for cash to divest or seek additional funds, private equity-backed [...]
Global oil majors to start bidding for deepwater contracts in MexicoDecember 5, 2016 // 2 CommentsIn a move that marks the key opening of Mexico’s energy sector, some of the world’s best-known oil companies are set to [...]
OSEA2016 features tech innovations that reduce costs, increase efficiencyDecember 2, 2016 // 3 CommentsThe 21st edition of the International Oil & Gas Industry Exhibition & Conference (OSEA) highlights the industry’s [...]
APOGCE 2017 to focus on sustainability through innovation, collaborationDecember 2, 2016 // 3 CommentsThe SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition (APOGCE) will return to Bali, Indonesia from October 17 [...]
OPEC agrees on oil output cut, Indonesia suspends membership to avoid cutDecember 2, 2016 // 4 CommentsAfter eight years, members of the Organization of the Petroleum Exporting Countries (OPEC) on November 30 have agreed to cut [...]
Oil refiners in Asia looking to non-OPEC members for supplier diversityNovember 30, 2016 // 1 CommentAs members of the Organization of Petroleum Exporting Countries (OPEC) scramble to finalize a deal to cut oil output to [...]
Saudi Arabia pulls out from planned meeting with RussiaNovember 28, 2016 // 1 CommentSaudi Arabia has pulled out of a scheduled meeting with Russia and other oil producers outside the Organization of Petroleum [...]