OPEC, non-OPEC oil output cut achieves 86% conformity –JMMC
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) announced in its technical report for January 2017 that OPEC [...]
oil
Petronas begins sale process of its US$1 bn stake in offshore gas block -sources
Petroliam Nasional Berhad (Petronas), a Malaysia state-owned oil and gas company, has begun the sale process of its large [...]
UAE’s ADNOC signs US$1.77-bn onshore oil deal with China’s CNPC
Chinese state-owned oil and gas corporation China National Petroleum Corporation (CNPC) has signed an onshore oil concession [...]
ConocoPhillips to sell its natural gas assets in Canada
ConocoPhillips, an American multinational energy corporation and the largest independent oil producer in the US, is selling [...]
Iran to dissolve two NIGC subsidiaries due to non-economic activities
Two subsidiaries of the National Iranian Gas Company (NIGC) will be dissolved and liquidated due to their non-economic [...]
Shell lays plans to decommission its massive Brent oil rigs in the North Sea
Anglo-Dutch multinational oil and gas company Royal Dutch Shell plc is laying down plans for the decommissioning of its [...]
Honeywell launches new portable monitor for oil and gas applications
In order to help its customers boost safety compliance and reduce maintenance costs, Honeywell has introduced a new [...]
Pertamina to build 108 mini gas stations to lower distribution costs
Indonesia’s state-owned oil and gas company Pertamina is planning to build 108 mini gas stations all over the country from [...]
OPEC, 11 non-OPEC states begin six-month oil output cuts
Member states of the Organization of the Petroleum Exporting Countries (OPEC) along with 11 major non-OPEC oil producing [...]
Iran plans to further increase oil sales to BP, Shell in the near future
According to Director for International Affairs of the National Iranian Oil Company (NIOC), Mohsen Qamsari, global energy [...]
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