Rosneft and partners complete US$12 bn buy of India’s Essar OilAugust 22, 2017 // 1 CommentRussian 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 schemeAugust 21, 2017 // 1 CommentA new policy scheme for awarding contracts for oil and coal exploration in the Philippines has been introduced by the [...]
New JV between Iraq, Arab partners will allow for coordinated global oil tradeAugust 18, 2017 // 1 CommentThe new joint venture signed by Iraq and its Arab partners will result in coordinated transport, storage and trade of crude [...]
China to issue oil exploration tenders, build two shale gas facilitiesAugust 16, 2017 // 3 CommentsChina 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 declineAugust 16, 2017 // 3 CommentsIndonesia’s oil and gas sector, once considered to be a cornerstone of the country’s economy, is now in a slump as it [...]
Kuwait begins chemicals injection in oil reserves for heavy oil extractionAugust 14, 2017 // 2 CommentsKuwait has started the chemical injection of surfactants into complex oil reservoirs located in the northern part of the [...]
UAE, Kazakhstan and Iraq confirm commitment to OPEC output cutAugust 9, 2017 // 1 CommentKazakhstan, Iraq and the United Arab Emirates (UAE) all affirmed their commitment to comply with the global crude oil output [...]
Joint oil, gas investment deal signed by Iran, Russia and TurkeyAugust 9, 2017 // 1 CommentA joint investment agreement for the development of oil and gas field projects has been signed by Iran’s Ghadir Investment [...]
India’s HPCL to buy US oil for its Vizag refinery in next few monthsAugust 8, 2017 // 1 CommentIndia’s state-owned oil and natural gas company Hindustan Petroleum Corporation Limited (HPCL) will be buying low-sulfur [...]
Iran expects US$15 bn in foreign oil, gas investments before April 2018August 8, 2017 // 3 CommentsIran is expecting to get as much as US$15 billion in foreign deals and investments for oil and gas projects before April [...]