Woodside buys ConocoPhillips’ Senegal oil interests for US$430mnJuly 22, 2016 // 1 CommentA binding Purchase and Sale Agreement (PSA) has been entered by Woodside Petroleum Ltd. with ConocoPhillips’, with [...]
Cargill suspends purchase agreements with palm oil supplier IOI GroupJuly 20, 2016 // 0 CommentsCargill has suspended its ties with the Malaysian palm oil giant IOI Group following the latter’s certification suspension [...]
Gas, oil shipments through Turkey remain uninterrupted after failed coupJuly 18, 2016 // 4 CommentsOil tankers are sailing without interruption in Turkey’s waters and are loading and unloading shipments normally at the [...]
Saudi Arabia to meet oil export demands with new shipbuilding complexJuly 18, 2016 // 2 CommentsSaudi Arabia plans to build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient [...]
BP estimates Deepwater Horizon liabilities at US$44 bn after taxJuly 15, 2016 // 1 CommentBP recently announced that it can now reliably estimate all of its remaining liabilities in connection with the 2010 [...]
ExxonMobil and Saudi Aramco technology for ethylene cuts refining costsJuly 11, 2016 // 4 CommentsTwo new steam-cracking processes developed by US-based chemicals firm ExxonMobil and Saudi Aramco, respectively, allow [...]
Oil falls 5% hitting a two-month lowJuly 8, 2016 // 4 CommentsOil prices fell down 5% to two-month lows after the US government reported a weekly crude draw within analysts’ forecasts [...]
Freudenberg expands facility in Hungary with EUR4 mn investmentJuly 4, 2016 // 6 CommentsFreudenberg Sealing Technologies, one of the leading seal manufacturers worldwide,has completed and officially celebrated [...]
Pacific reverts Colombia’s largest oil field to EcopetrolJuly 1, 2016 // 2 CommentsPacific Exploration & Production Corporation, a Canadian company and a leading explorer and producer of natural gas and [...]
Saudi Aramco/Sabic tie-up for feasibility study on chemicals complex in Saudi ArabiaJune 29, 2016 // 1 CommentSaudi Aramco and Saudi Arabian Basic Industries Corporation (Sabic) have signed a heads of agreement to conduct a [...]