Honeywell launches new portable monitor for oil and gas applications February 1, 2017 // 3 Comments 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 January 18, 2017 // 3 Comments 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 January 2, 2017 // 6 Comments 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 December 30, 2016 // 2 Comments According to Director for International Affairs of the National Iranian Oil Company (NIOC), Mohsen Qamsari, global energy [...]
Mexico announces double-digit gasoline, diesel price increases December 28, 2016 // 1 Comment Mexico recently announced double-digit price increases for gasoline and diesel that will be implemented starting January 1, [...]
Global oil majors to start bidding for deepwater contracts in Mexico December 5, 2016 // 1 Comment In a move that marks the key opening of Mexico’s energy sector, some of the world’s best-known oil companies are set to [...]
Canada eyes Asian market for oil exports ahead of pipeline proposal decisions November 18, 2016 // 1 Comment Canada’s Federal Natural Resources Minister Jim Carr says the government has moved on to a whole different plan for its [...]
Iran increases oil output amidst OPEC production cut talks November 14, 2016 // 3 Comments Iran has increased its oil output at three western fields faster than it previously expected even in the midst of production [...]
Researchers turn wet sewage sludge into biocrude oil using a simple process November 11, 2016 // 1 Comment Ordinary sewage may soon be used to produce biocrude oil in wastewater treatment plans as researchers at the US Department [...]
BP reports almost 50% drop in quarterly earnings, cuts investment plans November 2, 2016 // 0 Comments British multinational oil and gas company BP plc reported a decrease of almost 50% in its third quarter earnings compared to [...]