oil

An OPEC and non-OPEC technical committee has suggested a six-month extension of the global oil output cut deal starting from [...]

April 20, 2017 // 35 Comments

Petronas Chemicals Group (PCG), a subsidiary of Malaysian petrochemicals/oil giant Petronas, is investing US$442 million to [...]

The International Energy Agency (IEA) said the global oil market is close to matching up as OPEC’s landmark production [...]

Iran will reduce the benefits of some Indian state-run refiners on crude oil purchases after India decided to reduce the [...]

April 7, 2017 // 3 Comments

China has now overtaken Canada as the biggest importer of US light crude oil, according to data by the US Census Bureau [...]

April 4, 2017 // 5 Comments

Butamax Advanced Biofuels, a 50/50 joint venture between oil/gas company BP and Netherlands-headquartered chemicals firm [...]

April 3, 2017 // 0 Comments

A Kuwaiti oil refiner firm is set to receive US$1 billion in funding from the Japan Bank for International Cooperation [...]

Indonesian state-owned oil and natural gas company Pertamina will develop and construct six oil refineries as it aims to [...]

The US exported an average of 520,000 barrels of crude oil per day in 2016, which is 12% or 55,000 barrels more than what [...]

North Sea oil exploration company Hurricane Energy has discovered what it describes as the “largest undeveloped” oil [...]

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