OPEC, non-OPEC oil output cut achieves 86% conformity –JMMC February 24, 2017 // 5 Comments The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) announced in its technical report for January 2017 that OPEC [...]
Petronas begins sale process of its US$1 bn stake in offshore gas block -sources February 22, 2017 // 2 Comments Petroliam Nasional Berhad (Petronas), a Malaysia state-owned oil and gas company, has begun the sale process of its large [...]
UAE’s ADNOC signs US$1.77-bn onshore oil deal with China’s CNPC February 20, 2017 // 0 Comments Chinese state-owned oil and gas corporation China National Petroleum Corporation (CNPC) has signed an onshore oil concession [...]
ConocoPhillips to sell its natural gas assets in Canada February 17, 2017 // 3 Comments ConocoPhillips, an American multinational energy corporation and the largest independent oil producer in the US, is selling [...]
Iran to dissolve two NIGC subsidiaries due to non-economic activities February 13, 2017 // 4 Comments Two subsidiaries of the National Iranian Gas Company (NIGC) will be dissolved and liquidated due to their non-economic [...]
Shell lays plans to decommission its massive Brent oil rigs in the North Sea February 8, 2017 // 5 Comments Anglo-Dutch multinational oil and gas company Royal Dutch Shell plc is laying down plans for the decommissioning of its [...]
Honeywell launches new portable monitor for oil and gas applications February 1, 2017 // 3 Comments In order to help its customers boost safety compliance and reduce maintenance costs, Honeywell has introduced a new [...]
Pertamina to build 108 mini gas stations to lower distribution costs January 18, 2017 // 3 Comments Indonesia’s state-owned oil and gas company Pertamina is planning to build 108 mini gas stations all over the country from [...]
OPEC, 11 non-OPEC states begin six-month oil output cuts January 2, 2017 // 6 Comments Member states of the Organization of the Petroleum Exporting Countries (OPEC) along with 11 major non-OPEC oil producing [...]
Iran plans to further increase oil sales to BP, Shell in the near future December 30, 2016 // 2 Comments According to Director for International Affairs of the National Iranian Oil Company (NIOC), Mohsen Qamsari, global energy [...]