Pemex to seek partner for next deepwater project requiring some US$10.7 bnSeptember 1, 2017 // 2 CommentsMexico’s state-owned oil company Petróleo s Mexicanos (Pemex) is looking for a partner to develop the coveted [...]
Egypt signs three oil, gas exploration deals with Shell, Apex for 16 new fieldsAugust 30, 2017 // 1 CommentEgypt has entered into three oil and gas exploration deals worth at least US$81.4 million with British–Dutch multinational [...]
Dow to increase ownership in Sadara to 50%; last of 26 plants commissionedAugust 29, 2017 // 3 CommentsDow Chemical Company and the Saudi Arabian Oil Company (Saudi Aramco) have signed a non-binding Memorandum of Understanding [...]
Hurricane Harvey affects petchem facilities in the USAugust 29, 2017 // 0 CommentsWith Hurricane Harvey having made its landfall along the Texas Coast since last week, and is being termed as the [...]
Bidding process for Saudi Aramco, SABIC joint chemicals project launchedAugust 28, 2017 // 6 CommentsThe bidding process for the engineering work on the joint crude oil-to-chemicals project by Saudi Arabian national petroleum [...]
ExxonMobil acquires Singapore petchem plant Jurong AromaticsAugust 28, 2017 // 5 CommentsExxonMobil Chemical Company, one of the world’s largest petrochemical companies, has completed its acquisition of one of [...]
Petronas seeks to balance portfolio through overseas oil expansion prospectsAugust 25, 2017 // 2 CommentsMalaysian oil and gas firm Petroliam Nasional Berhad (Petronas) continues to seek out opportunities to expand its presence [...]
Rosneft pays India’s Essar Group’s US$2.4 bn debt to Iran after acquisitionAugust 25, 2017 // 1 CommentRussian oil giant Rosneft settled the more than US$2.4 billion debt owed by Indian conglomerate Essar Group to Iran’s [...]
Rosneft and partners complete US$12 bn buy of India’s Essar OilAugust 22, 2017 // 3 CommentsRussian oil major Rosneft, oil trader Trafigura and Russian fund UCP have closed the US$12.9 billion purchase of Indian oil [...]
PH aims to speed up oil, coal resource development with new policy schemeAugust 21, 2017 // 0 CommentsA new policy scheme for awarding contracts for oil and coal exploration in the Philippines has been introduced by the [...]