Sabic plans to increase chemical production 70% by 2025April 9, 2018 // 3 CommentsSaudi Basic Industries Corp (Sabic) plans to up production capacity 70 % by 2025. This comes as the Middle East’s [...]
Saudi Aramco takes steps towards integrating Texan petrochemicals business; signs MoUApril 9, 2018 // 4 CommentsSaudi Arabia’s state-owned energy company Saudi Aramco has taken the first steps to integrate a petrochemicals business [...]
Energy firms add more oil rigs as crude price shiftApril 9, 2018 // 5 CommentsMore oil rigs have been added by US energy firms for the third time in four weeks as crude prices drifted from a three-year [...]
Kinder Morgan stops some work on disputed Canadian oil pipelineApril 9, 2018 // 3 CommentsKinder Morgan Canada has announced that it is suspending work on the much-protested C$7.4 billion (US$5.8 billion) oil [...]
Austria’s OMV to invest in UAE offshore oilfields in US$1.5 billionApril 6, 2018 // 6 CommentsAustrian oil and gas group OMV said it will take a 20 % interest in two oilfields off the United Arab Emirates. This would [...]
Indian Oil Corp to invest US$22 billion in the next five years to raise oil outputApril 3, 2018 // 2 CommentsIndian Oil Corp announced recently that it is planning to invest 1.43 trillion rupees (US$22 billion) in the next five years [...]
Shell completes sale of equity interest in the North Sabah EOR Production Sharing Contract in Malaysia to SEA HibiscusApril 3, 2018 // 2 CommentsShell has completed the sale of its 50% equity interest (Sabah Shell Petroleum Company Limited 25% and Shell Sabah Selatan [...]
Adnoc signs agreements with Japanese and Thai companiesMarch 30, 2018 // 5 CommentsAbu Dhabi National Oil Company (Adnoc) recently signed two agreements with Idemitsu Kosan Co Ltd of Japan and SCG Chemicals [...]
Petronas/Saudi Aramco set up two jvs for Rapid project in MalaysiaMarch 29, 2018 // 2 CommentsMalaysia’s state oil/gas company Petronas and Saudi Arabia’s national oil company Saudi Aramco have set up two joint [...]
Sime Engineering ordered to pay damages to MMHEMarch 28, 2018 // 2 CommentsSime Darby Engineering has been ordered to pay an undisclosed sum to Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE). [...]