Saudi Aramco signs US$50 bn deal with US companiesMay 22, 2017 // 6 CommentsSaudi Aramco has signed agreements estimated to be worth around US$50 billion with major US companies to promote and enhance [...]
China approves oil and gas sector reformMay 22, 2017 // 0 CommentsThe Central Committee of the Communist Party of China (CPC) and the State Council, or the cabinet, of China have approved a [...]
SACS can now automate cutting plans for offshore structuresMay 17, 2017 // 3 CommentsBentley has announced that its SACS system, a design and analysis software for offshore structures in the oil and gas [...]
PH’s PNOC ties up with NIOC to develop oilfields, build LNG plant in IranMay 15, 2017 // 1 CommentState-owned Philippine National Oil Company (PNOC) is collaborating with National Iranian Oil Company (NIOC)for the [...]
CREC awarded EPC contract to build Asia Petroleum Hub oil terminalMay 15, 2017 // 2 CommentsChina Railway Engineering Corporation (CREC) has been awarded the engineering, procurement and construction (EPC) contract [...]
ExxonMobil to purchase Jurong Aromatics’ Singapore petrochem complexMay 12, 2017 // 1 CommentAmerican multinational oil and gas corporation ExxonMobil Chemical Company, through its Singapore affiliate, has agreed to [...]
Turkmenistan likely to join OPEC-led oil supply cut dealMay 12, 2017 // 2 CommentsTurkmenistan is expected to join the oil supply cut deal led by the Organization of the Petroleum Exporting Countries (OPEC) [...]
Oil refiners Idemitsu, Showa Shell form alliance ahead of stalled merger dealMay 12, 2017 // 1 CommentJapan-based oil companies Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK, the base of Royal Dutch Shell group in Japan, [...]
Saudi Aramco to cut June oil exports to Asia to meet rising local demandMay 10, 2017 // 5 CommentsSaudi Aramco is cutting its oil exports to Asian markets in June by about 7 million barrels as it cuts output as part of the [...]
Trafigura’s Puma Energy opens US$92 mn oil and gas terminal in MyanmarMay 10, 2017 // 5 CommentsPuma Energy, the fuel storage and petrol station business majority-owned by Swiss commodities trading house Trafigura, is [...]