oil

Samsung Engineering said its joint venture with CB&I Nederland, has been awarded a major contract by Abu Dhabi National [...]

Breitburn Energy Partners LP has received a US$1.8 billion full cash offer from Lime Rock Resources. This is a surprise [...]

Suncor Energy Inc announced recently that it is slashing 400 jobs as it rolls out a fleet of self-driving trucks at its [...]

Australia-based Prostar Capital has bought a storage terminal in the key Fujairah oil hub in the United Arab Emirates, said [...]

France does not practise any discrimination measures against palm oil, in fact, the European country is ready to explore the [...]

Venezuela has assumed the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC), Venezuelan Oil [...]

Malaysia’s Sarawak state government will subsidise oil palm smallholders in diversifying into other crops to mitigate the [...]

India’s biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to purchase the government’s majority stake in [...]

Vitol, the European trading house, has reached a US$530 million deal with Nigeria’s Shoreline to finance an oilfield in [...]

According to figures released by the OPEC recently, oil production in Venezuela plummeted nearly 13 % last years, hitting a [...]

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