Cambodia breaks ground on the site of its first oil refineryMay 5, 2017 // 2 CommentsA groundbreaking ceremony was held on the site of Cambodia’s first oil refinery, a US$620 million project aimed at [...]
Iran’s oil output expected to increase in 2018 to reach 4.06mn bpdMay 3, 2017 // 0 CommentsIran’s oil production has been steadily increasing during the past few years, from 2.92 million barrels per day (mbpd) in [...]
China should increase strategic oil reserve to keep supply safe, NBS saysMay 3, 2017 // 0 CommentsChina should further expand its strategic petroleum reserve (SPR) in the next two years to ensure safe supply of oil in the [...]
Sixteen Malaysian oil, gas companies to participate in OTC 2017 in HoustonMay 1, 2017 // 1 CommentSixteen Malaysian oil & gas companies are participating at the Offshore Technology Conference (OTC) 2017, the largest [...]
BP discovers over 200 MMbbl in Gulf of Mexico with new seismic imaging techMay 1, 2017 // 3 CommentsMultinational oil and gas company BP has discovered more than 200 million barrels (MMbbl) of additional oil reserves at its [...]
Iraq launches expansion work in southern Halfaya oil field to double outputApril 26, 2017 // 3 CommentsIran has launched the final phase of expansion work on its southern Halfaya oil field in order to double its output capacity [...]
IBM, Stone Ridge Technology and NVIDIA hit milestone in oil, gas explorationApril 26, 2017 // 2 CommentsAmerican multinational technology company IBM and Stone Ridge Technology, the marketer of high-performance petroleum [...]
Joint technical committee recommends OPEC oil output cut extensionApril 24, 2017 // 5 CommentsAn OPEC and non-OPEC technical committee has suggested a six-month extension of the global oil output cut deal starting from [...]
Petronas to set up INA plant in PIC; investment of US$442 mnApril 20, 2017 // 35 CommentsPetronas Chemicals Group (PCG), a subsidiary of Malaysian petrochemicals/oil giant Petronas, is investing US$442 million to [...]
ExxonMobil/Sabic decide on Corpus Christi for petrochemical plantApril 20, 2017 // 2 CommentsUS-headquartered ExxonMobil Chemical Company and Riyadh-based Sabic’s joint plans for the development of a petrochemical [...]