Indian firms in jv for petchem complex in MaharashtraJune 16, 2017 // 2 CommentsIndia’s state-owned oil companies, Indian Oil Corp. (IOC), Bharat Petroleum Corp. (BPCL), and Hindustan Petroleum Corp. [...]
OPEC to reduce oil output over next five years –Khalid al-FalihJune 12, 2017 // 5 CommentsMembers of the Organization of the Petroleum Exporting Countries (OPEC) will significantly reduce oil production over the [...]
India’s state-run oil firms set up new system for daily fuel pricing changesJune 12, 2017 // 3 CommentsState-run oil marketing companies in India will be implementing a new system they have set up for the smooth rollout of the [...]
Saudi Aramco crude prices to Asia, US rise on high demandJune 5, 2017 // 3 CommentsAfter the extension of the production cut deal between OPEC and non-OPEC members this month, the pricing for Saudi [...]
Cardinal Energy to buy Apache’s Canadian oil assets for US$244 mnJune 2, 2017 // 0 CommentsCardinal Energy Ltd., a Canada-based oil-focused company, will purchase the Canadian oil assets of US oil and gas producer [...]
IEA: Oil market expected to tighten by 2022May 31, 2017 // 2 CommentsThe International Energy Agency (IEA) expects the oil market to gradually tighten due to lower upstream investments and [...]
Iran signs oil-for-goods barter deal with RussiaMay 29, 2017 // 4 CommentsIran and Russia have signed an agreement to trade oil for products, according to an announcement made by Iranian Oil [...]
Thailand’s PTTEP to extend operations in AsiaMay 26, 2017 // 3 CommentsPTT Exploration and Production Pcl (PTTEP), the largest oil and gas explorer and producer in Thailand, is planning to extend [...]
China approves oil and gas sector reformMay 22, 2017 // 0 CommentsThe Central Committee of the Communist Party of China (CPC) and the State Council, or the cabinet, of China have approved a [...]
CREC awarded EPC contract to build Asia Petroleum Hub oil terminalMay 15, 2017 // 2 CommentsChina Railway Engineering Corporation (CREC) has been awarded the engineering, procurement and construction (EPC) contract [...]