Rosneft and BP dissolve Joint VentureJanuary 21, 2016 // 2 CommentsRosneft and BP agreed to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the [...]
Saudi King and Chinese President inaugurate YASREF RefineryJanuary 21, 2016 // 4 CommentsSaudi Arabia’s King Salman bin Abdulaziz Al Saud and Chinese President Xi Jinping, jointly inaugurated the Yanbu Aramco [...]
Shell to cut 10,000 jobsJanuary 20, 2016 // 4 CommentsIn their full year report, Shell announced that it would be cutting 10,000 jobs, due to its merger with BG and the present [...]
BP to cut around 4,000 jobsJanuary 19, 2016 // 2 CommentsOil company BP announced that it would be cutting around one-sixth of its workforce (or 4,000 jobs) from its exploration and [...]
Scientists develop ‘cleaner’ dieselJanuary 18, 2016 // 2 CommentsResearchers from KU Leaven and Utrecht University discovered a method to produce diesel fuel that emits less Carbon Dioxide [...]
Tatneft project awarded National Project statusJanuary 18, 2016 // 3 CommentsTatneft’s project “Technology Development for hydroconversion of heavy petroleum feedstock to produce high-quality [...]
Lockheed Martin gets Exxonmobil contractJanuary 15, 2016 // 3 CommentsExxonMobil Research and Engineering Company (EMRE) awarded Lockheed Martin a contract to serve as the systems integrator in [...]
Zoetic Global signs 100MW agreement in GhanaJanuary 15, 2016 // 5 CommentsZoetic Global, a US-based project developer, has executed a 20-year power purchase agreement with the Electricity Company of [...]
Magellan Midstream and TransCanada to build Houston pipelineJanuary 14, 2016 // 4 CommentsMagellan Midstream Partners, L.P. and TransCanada Corporation announced plans to connect TransCanada’s Houston tank [...]
Statoil acquires minority share in Lundin PetroleumJanuary 14, 2016 // 2 CommentsStatoil ASA acquired 37,101,561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and [...]