Burning Iranian oil tanker Sanchi finally sinks
A burning Iranian oil tanker that had drifted into Japan’s exclusive economic zone has sunk after a collision on January [...]
oil
11 men charged with oil-theft at Shell’s refinery
Eleven men were charged in a Singapore court recently in connection with a large-scale oil theft at Shell’s biggest [...]
Malaysia’s Petronas to grow non-fuel contribution to downstream business
Petronas is looking to increase the non-fuel segment contribution to its downstream business this year, in line with most [...]
Algeria’s Sonatrach may invest in Iraq oil and gas
The Iraqi oil ministry recently announced that Algeria’s state-owned energy firm Sonatrach will be investing in oil [...]
Iranian oil tanker still ablaze after collision off China’s coast
A tanker carrying Iranian oil that collided with a Chinese freight ship in the East China Sea over the weekend was still [...]
U.S. Energy department to invest US$30 million to boost fossil fuels output
Six small U.S. oil and natural gas drilling projects will receive about US$30 million in federal funding for research and [...]
Shareholders in Brazil want Petrobras to match US$3 billion U.S. settlement
Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar [...]
World’s top oil companies still reluctant to push for new discoveries despite strong oil prices
Despite the strongest start for oil prices in four years, the world’s top oil companies are hesitating to accelerate the [...]
Ineos moves into deep water oil and gas exploration in the North Sea
Chemicals company Ineos is entering into deep water oil and gas exploration in the North sea. It has bought a majority stake [...]
Malaysia-Brunei annual leaders’ consultation sees signing of accord on oil, gas
The 21st Malaysia-Brunei Annual Leaders’ Consultation here today saw the signing of the Unitisation Framework [...]
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