India government to sell 10% stake in IOC August 24, 2015 // 1 Comment The Indian government will be selling 10 % of its stake in Indian Oil Corporation (IOC) to raise roughly Rs 9,500 crore. The [...]
Sasol eyes investment in Iranian petrochemicals August 24, 2015 // 2 Comments Abbas She’ri-Moqaddam, the managing director of the National Petrochemical Company of Iran (NPC), has announced that Sasol [...]
China’s two top oil traders Chinaoil and Unipec go head to head August 21, 2015 // 1 Comment China’s two top oil traders Chinaoil and Unipec are going head to head battling for Asia’s crude benchmark. [...]
BP edged out EU green policy in favour of gas August 21, 2015 // 4 Comments Documents have revealed that oil and gas companies BP, Shell, Statoil and Total worked together to curb EU green policy in [...]
Enra Group not rushing into buying new oil and gas assets August 20, 2015 // 4 Comments The current oil price is making Enra Group Bhd think twice before purchasing any oil and gas asset. Taking cue from lower [...]
U.S oil closes down 4.3 % – lowest since 2009 August 20, 2015 // 2 Comments U.S. oil prices are now the lowest since 2009, having ended down by 4.3 % on Wednesday. This was following the unexpected [...]
Nynas celebrates 30 years in Germany, introduces new product line Nybase August 20, 2015 // 2 Comments Nynas, the leading supplier of naphthenic oils in Germany, celebrates its 30th year in the country. “Our success is a [...]
JG Summit H1 net income increases 4.4% August 19, 2015 // 5 Comments JG Summit announced that its first semester net income inched slightly by 4.4 % to P13.43 billion. Discounting the one-time [...]
KKR Losses may hit $5 Billion August 19, 2015 // 3 Comments The situation is getting bad for KKR & Co. Its energy buyout Samson Resources Corp., is about to enter bankruptcy by [...]
Bids to fix Iran’s refineries come flowing in as sanctions near an end August 18, 2015 // 2 Comments International bids to fix Iran’s refineries have been flowing in as sanctions against the country near an end. NIORDC, its [...]