oil

May 1, 2017 // 3 Comments

Multinational oil and gas company BP has discovered more than 200 million barrels (MMbbl) of additional oil reserves at its [...]

Iran has launched the final phase of expansion work on its southern Halfaya oil field in order to double its output capacity [...]

American multinational technology company IBM and Stone Ridge Technology, the marketer of high-performance petroleum [...]

An OPEC and non-OPEC technical committee has suggested a six-month extension of the global oil output cut deal starting from [...]

April 20, 2017 // 35 Comments

Petronas Chemicals Group (PCG), a subsidiary of Malaysian petrochemicals/oil giant Petronas, is investing US$442 million to [...]

The International Energy Agency (IEA) said the global oil market is close to matching up as OPEC’s landmark production [...]

Iran will reduce the benefits of some Indian state-run refiners on crude oil purchases after India decided to reduce the [...]

April 7, 2017 // 3 Comments

China has now overtaken Canada as the biggest importer of US light crude oil, according to data by the US Census Bureau [...]

April 4, 2017 // 5 Comments

Butamax Advanced Biofuels, a 50/50 joint venture between oil/gas company BP and Netherlands-headquartered chemicals firm [...]

April 3, 2017 // 0 Comments

A Kuwaiti oil refiner firm is set to receive US$1 billion in funding from the Japan Bank for International Cooperation [...]

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