Algeria’s Sonatrach may invest in Iraq oil and gas January 8, 2018 // 5 Comments 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 January 8, 2018 // 4 Comments 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 January 5, 2018 // 1 Comment 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 January 5, 2018 // 2 Comments 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 January 5, 2018 // 1 Comment 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 November 24, 2017 // 0 Comments 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 November 24, 2017 // 2 Comments The 21st Malaysia-Brunei Annual Leaders’ Consultation here today saw the signing of the Unitisation Framework [...]
Reservoir Link and Archer win contract award for ROC Oil October 19, 2017 // 0 Comments Reservoir Link, the well intervention and perforating solutions provider, has been awarded a contract to deliver annulus [...]
Malaysia, EUMCCI: sustainable palm oil the way forward October 13, 2017 // 2 Comments Over the years, palm oil has received a lot of flak. Ask the average person on the street, and chances are that he or she [...]
Saudi Aramco looking to joint venture deal with India October 9, 2017 // 4 Comments State-run oil giant Saudi Aramco is in talks with several Indian refiners and hopes to land a joint venture deal by next [...]