Asahi Kasei enters Europe’s “green hydrogen” market July 6, 2017 // 1 Comment Global Japanese chemical company Asahi Kasei is entering Europe’s “green hydrogen” market as it plays catch-up with [...]
India offers Iran as much as US$11 bn for Farzad-B gas field development July 3, 2017 // 1 Comment A consortium of Indian companies led by ONGC Videsh Ltd. (OVL), a division of multinational oil and gas company Oil and [...]
Saudi Arabia aims to transform economy with crude-to-oil projects June 29, 2017 // 0 Comments Saudi Arabia forays into a major economic overhaul, and targeting to develop downstream petrochem projects as well as invest [...]
Iran’s Kharg oil terminal increases capacity to 8 million bpd June 28, 2017 // 1 Comment Iran’s Kharg oil terminal has boosted its crude oil loading capacity to 8 million barrels per day (bdp),triple the current [...]
Weakening demand from top three Asian oil buyers hinder market balancing June 26, 2017 // 2 Comments Faltering demand growth in Asia’s top three oil-importing nations is further hindering efforts to balance the market as a [...]
Rosneft clears final hurdle for US$13 bn acquisition of Essar Oil June 25, 2017 // 1 Comment Officials from Russia’s national oil major Rosneft have said it has received the go ahead for the US$13 billion [...]
Climate targets could lead to trillions of losses in oil, gas projects –report June 21, 2017 // 2 Comments If international climate targets are reached, oil firms including Exxon Mobil and Royal Dutch Shell could lose more than a [...]
Rosneft discovers possibly biggest oil deposit offshore Eastern Arctic June 19, 2017 // 2 Comments Russian state-owned oil major Rosneft has discovered an oil field in the Laptev Sea in the Eastern Artic as a result of the [...]
Indian firms in jv for petchem complex in Maharashtra June 16, 2017 // 2 Comments India’s state-owned oil companies, Indian Oil Corp. (IOC), Bharat Petroleum Corp. (BPCL), and Hindustan Petroleum Corp. [...]
OPEC to reduce oil output over next five years –Khalid al-Falih June 12, 2017 // 6 Comments Members of the Organization of the Petroleum Exporting Countries (OPEC) will significantly reduce oil production over the [...]