Shell posts strong second quarterAugust 12, 2015 // 3 CommentsShell bounced back from a weak year last year by posting net profit of RM322.19mil. This was almost four times the first [...]
Major Sourcing LLC purchased by Shale-Inland HoldingsAugust 10, 2015 // 3 CommentsA transaction involving the purchase of Major Sourcing LLC by Shale-Inland Holdings completed on July 27, 2015. Major will [...]
GAIL to double petroleum capacity in 2016August 10, 2015 // 1 CommentIndia’s GAIL is expected to produce a whopping 1.7 million tonne per annum of petrochemicals – nearly double its current [...]
Oil tanker, feared to have been lost, foundAugust 10, 2015 // 1 CommentKUALA LUMPUR: MT Joaquim, a tanker containing 3, 500 metric tonnes of oil which was feared to have been lost, has been found [...]
White Marlin Oil and Gas Company, LLC buys Dune assetsAugust 7, 2015 // 7 CommentsWhite Marlin Oil and Gas Company announced today that it has sealed the acquisition of assets of Dune Energy, Inc., Dune [...]
API applauds efforts to ease restrictions on U.S oilAugust 7, 2015 // 2 CommentsNational trade association API has applauded the legislative efforts undertaken to ease restrictions on U.S. oil. “At [...]
Trelleborg secures contract to provide coating Solution new Sverdrup oil fieldAugust 7, 2015 // 3 CommentsA contract to supply thermal insulation, corrosion and passive fire production (PFP) has been secured by Trelleborg’s [...]
AquaBond™ proppant unveiledAugust 7, 2015 // 0 CommentsThe Oilfield Technology Group (OTG) of Hexion Inc. today announced the release of AquaBond™ proppant, a new resin coated [...]
Hibiscus to acquire Anasuria Cluster oilfield stakeAugust 7, 2015 // 6 CommentsHibiscus Petroleum Bhd will purchase a 50 % stake in Anasuria Cluster oil and gas fields. The deal amounts to US$52.5mil [...]
Increase in fuel price jolts profit of Petronas DaganganAugust 7, 2015 // 3 CommentsThe June quarter for Petronas Dagangan Bhd ended with earnings of RM273.21mil or a 47.2% from last year. The jump is due to [...]