Iran looking to long-term oil purchase contracts with European clientsAugust 8, 2016 // 5 CommentsIran is currently working on a plan that guarantees long-term crude oil purchases by its European clients in a [...]
Petronas considers delaying Canadian LNG projectAugust 5, 2016 // 4 CommentsConcerns about oversupply and cheap competing fuels has pushed Malaysia’s state oil company to consider delaying a [...]
Jamaica to pay its Venezuela oil debts with food, medicineAugust 3, 2016 // 2 CommentsJamaica has recently announced that it will be paying its oil debts to Venezuela with food, medication and fertilizers [...]
Libya reopens four ports, resumes oil exportsAugust 1, 2016 // 3 CommentsA new agreement to reopen the ports of RasLanuf, Zuwetina, Es Sidra and Bregain Libya has been signed by the country’s [...]
Alfa Laval appoints Essem as oil and gas agent for MalaysiaAugust 1, 2016 // 1 CommentEssem Corporation has been chosen by Alfa Laval as equipment sales, parts and services agent for the oil and gas and marine [...]
Shell makes Fort Sumter deepwater discovery in Gulf of MexicoJuly 29, 2016 // 2 CommentsA new deepwater exploration discovery in the Gulf of Mexico has been made by Shell. The Fort Sumter well’s recoverable [...]
Iran should upgrade workforce competency to increase production, – surveyJuly 27, 2016 // 3 CommentsAn exclusive one-day event, organized by Lloyd’s Register, was held at the NITC in Tehran, Iran where 130 senior oil and [...]
Sabic and ExxonMobil petrochem jv feasibility on US Gulf coastJuly 26, 2016 // 3 CommentsSabic and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical [...]
Indicators show oil industry in danger of ‘weakening’, says reportJuly 25, 2016 // 3 CommentsSeveral indicators are already showing signs of the oil industry ‘weakening’ if major oil companies continue to operate [...]
Canadian proppant manufacturing plant increases capacity for growthJuly 22, 2016 // 1 CommentThe resin coated proppant manufacturing facility in Canada by Hexion Inc.’s Oilfield Technology Group (OTG) is expanding [...]