Baker Hughes talk led to rise of Subsea 7 sharesOctober 13, 2017 // 6 CommentsShares in oilfield services firm Subsea 7 rose on Wednesday on an unconfirmed report it had been in talks with Baker Hughes [...]
Malaysia, EUMCCI: sustainable palm oil the way forwardOctober 13, 2017 // 2 CommentsOver the years, palm oil has received a lot of flak. Ask the average person on the street, and chances are that he or she [...]
Ensco plc completes purchase of Atwood OceanicsOctober 12, 2017 // 3 CommentsEnsco plc announced on October 6 the completion of its acquisition of Atwood Oceanics, Inc. Under the terms of the merger [...]
Majestic Oil & Gas, Inc. announces intent to buy Palatka, FL-based ATC Holding, Inc.October 12, 2017 // 5 CommentsMajestic Oil & Gas, Inc. recently announced that it has executed a Letter of Intent pursuant to which “MJOG” [...]
Saudi Aramco looking to joint venture deal with IndiaOctober 9, 2017 // 4 CommentsState-run oil giant Saudi Aramco is in talks with several Indian refiners and hopes to land a joint venture deal by next [...]
Reuters poll: Malaysian palm oil stocks hit 9-month highOctober 9, 2017 // 4 CommentsA recent poll by news agency Reuters have found that Malaysian palm oil stocks hit its 9-month high in September, reaching [...]
Saudi Aramco to launch new unit in IndiaOctober 6, 2017 // 5 CommentsOil giant Saudi Aramco is set to open an Indian subsidiary next week, three sources said, as the top global oil exporter [...]
Sibur, RDIF and Saudi Aramco sign MOU on possible collaboration in Russia and Saudi ArabiaOctober 6, 2017 // 5 CommentsSibur, the Russian Direct Investment Fund (RDIF) and Saudi Arabian Oil Company (Saudi Aramco) signed a Memorandum of [...]
Petronas Chemicals sells stake in unit to Aramco for US$900 mnOctober 2, 2017 // 3 CommentsPetronas Chemicals Group, the petrochemicals arm of Malaysia’s national oil/gas firm Petronas, has sold a 50% stake in its [...]
Import of Iranian crude oil by Asian buyers at five-month highOctober 2, 2017 // 5 CommentsAsia’s imports of Iranian crude oil has hit a five-month oil since March. This is made possible by purchases by South [...]