Poland’s PKN Orlen to invest EUR2 bn in petchem projectsJune 13, 2018 // 4 CommentsState-run PKN Orlen, Poland’s largest oil refiner, is launching its largest on record petrochemical investment programme, [...]
Vietnam to lower crude oil imports with start up of 2nd oil refineryJune 8, 2018 // 2 CommentsTo reduce the country’s reliance on refined oil imports, Vietnam is set to start up its second oil refinery, located 260 [...]
DSM/Evonik jv holds topping out ceremony for sustainable oil project in NebraskaJune 6, 2018 // 0 CommentsVeramaris, the joint venture between Dutch firm DSM and Germany’s Evonik, said to be revolutionising aquaculture with its [...]
India ONGC-led group wins stake in ADNOC offshore oil concessionFebruary 12, 2018 // 4 CommentsA consortium led by India’s Oil and Natural Gas Corp (ONGC) has become the first group to win a stake in Abu Dhabi [...]
Samsung Engineering JV wins US$3.1 billion UAE refinery projectFebruary 9, 2018 // 0 CommentsSamsung Engineering said its joint venture with CB&I Nederland, has been awarded a major contract by Abu Dhabi National [...]
Bankrupt Breitburn Energy receives US$1.8 billion full cash offer from Lime Rock ResourcesFebruary 5, 2018 // 3 Comments Breitburn Energy Partners LP has received a US$1.8 billion full cash offer from Lime Rock Resources. This is a surprise [...]
Suncor to axe 400 jobs as it introduces self-driving trucksFebruary 1, 2018 // 3 CommentsSuncor Energy Inc announced recently that it is slashing 400 jobs as it rolls out a fleet of self-driving trucks at its [...]
Australian fund buys oil storage terminal in UAEJanuary 29, 2018 // 0 CommentsAustralia-based Prostar Capital has bought a storage terminal in the key Fujairah oil hub in the United Arab Emirates, said [...]
We don’t practice any discrimination measures against palm oil in Malaysia – French envoyJanuary 29, 2018 // 6 CommentsFrance does not practise any discrimination measures against palm oil, in fact, the European country is ready to explore the [...]
Venezuela presiding over OPEC in 2018January 24, 2018 // 4 CommentsVenezuela has assumed the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC), Venezuelan Oil [...]