Rosneft clears final hurdle for US$13 bn acquisition of Essar OilJune 25, 2017 // 3 CommentsOfficials from Russia’s national oil major Rosneft have said it has received the go ahead for the US$13 billion [...]
Climate targets could lead to trillions of losses in oil, gas projects –reportJune 21, 2017 // 1 CommentIf international climate targets are reached, oil firms including Exxon Mobil and Royal Dutch Shell could lose more than a [...]
Total to put in US$1 bn to develop Iran’s South Pars gas fieldJune 21, 2017 // 4 CommentsFrench oil and gas firm Total has committed to put in US$1 billion to develop the South Pars offshore gas field in Iran [...]
Rosneft discovers possibly biggest oil deposit offshore Eastern ArcticJune 19, 2017 // 3 CommentsRussian state-owned oil major Rosneft has discovered an oil field in the Laptev Sea in the Eastern Artic as a result of the [...]
China’s growing chemical demand to drive global methanol market growthJune 16, 2017 // 2 CommentsRising Chinese chemical demand is expected to drive growth in the global methanol market, with the country using up as much [...]
Indian firms in jv for petchem complex in MaharashtraJune 16, 2017 // 2 CommentsIndia’s state-owned oil companies, Indian Oil Corp. (IOC), Bharat Petroleum Corp. (BPCL), and Hindustan Petroleum Corp. [...]
Diplomatic rift between Qatar, Arab countries disrupt petchem tradesJune 14, 2017 // 3 CommentsThe worsening diplomatic crisis between Qatar and other Arab countries is causing disruption in the former’s petrochemical [...]
SABIC, UCC sign deal to build petchem JV in KazakhstanJune 14, 2017 // 6 CommentsSaudi Basic Industries Corporation (SABIC), Saudi Arabia’s largest non-oil company and a global leader in diversified [...]
OPEC to reduce oil output over next five years –Khalid al-FalihJune 12, 2017 // 5 CommentsMembers of the Organization of the Petroleum Exporting Countries (OPEC) will significantly reduce oil production over the [...]
India’s state-run oil firms set up new system for daily fuel pricing changesJune 12, 2017 // 3 CommentsState-run oil marketing companies in India will be implementing a new system they have set up for the smooth rollout of the [...]