OPEC, non-OPEC oil output cut achieves 86% conformity –JMMC
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) announced in its technical report for January 2017 that OPEC [...]
Oil
Petronas begins sale process of its US$1 bn stake in offshore gas block -sources
Petroliam Nasional Berhad (Petronas), a Malaysia state-owned oil and gas company, has begun the sale process of its large [...]
Singapore to implement carbon tax; oil refineries may be affected
Singapore has become the first Southeast Asian country to roll out efforts to cut greenhouse emission, with the mooting of a [...]
UAE’s ADNOC signs US$1.77-bn onshore oil deal with China’s CNPC
Chinese state-owned oil and gas corporation China National Petroleum Corporation (CNPC) has signed an onshore oil concession [...]
ExxonMobil to increase base oil production with Singapore refinery expansion
American oil and gas giant ExxonMobil is expanding its Singapore refinery to increase the production of its base oil [...]
ConocoPhillips to sell its natural gas assets in Canada
ConocoPhillips, an American multinational energy corporation and the largest independent oil producer in the US, is selling [...]
India’s Petroleum Ministry eyes consolidation of state-run oil and gas units
The Ministry of Petroleum and Natural Gas in India and state-run oil and gas companies have already started discussions [...]
Repsol’s Malaysian subsidiary to invest RM600 mn in oil & gas projects
Repsol Oil and Gas Malaysia Ltd, a subsidiary of the Madrid, Spain-based global energy company Repsol Group, is investing [...]
New oil and gas technology center to open in Scotland
The struggling North Sea oil industry will soon be given new life with the opening of a new research and development [...]
Shell lays plans to decommission its massive Brent oil rigs in the North Sea
Anglo-Dutch multinational oil and gas company Royal Dutch Shell plc is laying down plans for the decommissioning of its [...]
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