Vietnam raises over US$300 million from PV Power listingFebruary 2, 2018 // 3 CommentsThe Vietnamese government raised 6.997 trillion dong (US$308.1million) from selling 20% of state electricity firm [...]
Marathon Petroleum Corp reports a huge jump in quarterly profitFebruary 2, 2018 // 6 CommentsU.S. independent refiner Marathon Petroleum Corp reported a huge jump in quarterly profit recently, helped by a US$1.5 [...]
Shell to sell stake in Thai Bongkot fields to PTTEP for US$750 millionFebruary 1, 2018 // 3 CommentsRoyal Dutch Shell has announced that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand [...]
Suncor to axe 400 jobs as it introduces self-driving trucksFebruary 1, 2018 // 3 CommentsSuncor Energy Inc announced recently that it is slashing 400 jobs as it rolls out a fleet of self-driving trucks at its [...]
BP expects gas to overtake oil as primary source of energy in around 2040February 1, 2018 // 0 CommentsBP predicts gas to overtake oil as the world’s primary energy source in around 2040 its vice president for strategic [...]
Indian Oil to boost Panipat refinery capacity by two thirdsFebruary 1, 2018 // 4 CommentsIndian Oil Corp Ltd plans to increase the capacity of its Panipat refinery by two thirds to 500,000 barrels per day (bpd) at [...]
Australian fund buys oil storage terminal in UAEJanuary 29, 2018 // 4 CommentsAustralia-based Prostar Capital has bought a storage terminal in the key Fujairah oil hub in the United Arab Emirates, said [...]
We don’t practice any discrimination measures against palm oil in Malaysia – French envoyJanuary 29, 2018 // 6 CommentsFrance does not practise any discrimination measures against palm oil, in fact, the European country is ready to explore the [...]
Venezuela presiding over OPEC in 2018January 24, 2018 // 4 CommentsVenezuela has assumed the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC), Venezuelan Oil [...]
Malaysia to subsidise oil palm farmers to diversify as EU moves to ban import of palm oil biofuels starting 2021January 22, 2018 // 2 CommentsMalaysia’s Sarawak state government will subsidise oil palm smallholders in diversifying into other crops to mitigate the [...]