Oil

India’s GAIL is expected to produce a whopping 1.7 million tonne per annum of petrochemicals – nearly double its current [...]

KUALA LUMPUR: MT Joaquim, a tanker containing 3, 500 metric tonnes of oil which was feared to have been lost, has been found [...]

White Marlin Oil and Gas Company announced today that it has sealed the acquisition of assets of Dune Energy, Inc., Dune [...]

National trade association API has applauded the legislative efforts undertaken to ease restrictions on U.S. oil. “At [...]

A contract to supply thermal insulation, corrosion and passive fire production (PFP) has been secured by Trelleborg’s [...]

The Oilfield Technology Group (OTG) of Hexion Inc. today announced the release of AquaBond™ proppant, a new resin coated [...]

Hibiscus Petroleum Bhd will purchase a 50 % stake in Anasuria Cluster oil and gas fields. The deal amounts to US$52.5mil [...]

The June quarter for Petronas Dagangan Bhd ended with earnings of RM273.21mil or a 47.2% from last year. The jump is due to [...]

A company associated with BP’s Deepwater Horizon which was involved in an oil spill totalling to over 4 million barrels in [...]

The price of oil has fallen to US$45.15 per barrel, the lowest since March 19 this year, due to the falloff demand for motor [...]