HCPL raises US$500 mn, ventures into the international bond July 14, 2017 // 2 Comments Hindustan Petroleum raised 10-year fixed rate unsecured US$500 million bonds from overseas investors to fund capital [...]
Deputy Prime Minister is confident for the Oil & Gas industry in 2017 July 14, 2017 // 4 Comments Deputy Prime Minister Dato’ Seri Dr. Ahmad Zahid Hamidi speaks at the opening ceremony of OGA 2017. The road to [...]
Eni US becomes first company allowed to explore for oil in Arctic July 14, 2017 // 2 Comments The Trump administration has given Eni US, a unit of Italian oil company Eni, approval for its oil exploration and drilling [...]
Kuwait to increase crude oil capacity to 4.75 mn bpd July 14, 2017 // 4 Comments Kuwait is planning to boost its crude oil output capacity from the current 3.15 million barrels per day (bpd) up to 4.75 [...]
China to increase oil, natural gas pipeline networks by 2025 July 14, 2017 // 1 Comment The National Development and Reform Commission and the National Energy Administration has made a joint announcement [...]
Adnoc heading for IPO for distribution unit; releases 2030 growth strategy July 14, 2017 // 0 Comments Abu Dhabi-headquartered Adnoc (Abu Dhabi National Oil Co.), which recently released its 2030 growth strategy, is considering [...]
Further oil output cuts not to be discussed in monitoring committee meeting July 11, 2017 // 3 Comments The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), set up to monitor the global deal on oil output curbs, will [...]
Total starts up ethane-based ethylene production at upgraded Antwerp platform July 10, 2017 // 2 Comments French multinational oil and gas company, Total invested nearly US$60 million to revamp one of the platform’s two steam [...]
OGDCL, Gazprom sign oil and gas cooperation deal July 7, 2017 // 3 Comments Russian gas producer Gazprom and Pakistan’s national oil and gas company, Oil and Gas Company Limited (OGDCL), have signed [...]
Pertamina may receive additional split offer to start gross split scheme July 6, 2017 // 1 Comment The government of Indonesia is considering offering an additional split to energy giant Pertamina in order to kickstart the [...]