27/07/2017 01:39pm
Sadara Chemical Company (Sadara), a $20 billion joint venture between Saudi Aramco and U.S. firm Dow Chemical, has successfully started up the Kingdom’s first Polyols plant.
27/07/2017 11:39am
French oil giant Total has reported a small dip in net profits for the second quarter of this year of US$2 billion, down from $2.12 billion a year ago despite a rise in revenues and production.
27/07/2017 10:07am
The prestigious ADIPEC 2017 Awards are now open for nominations, with five categories focused on issues crucial to the progress and resilience of the energy sector.
27/07/2017 09:58am
Royal Dutch Shell has posted a 31 per cent rise in profits during the second quarter of the year compared to last year as its upstream business sees bigger earnings.
27/07/2017 09:34am
Saudi Aramco said it will accelerate the completion of the first phase of its cross-country pipeline project to the end of the year in an effort to meet rising domestic natural gas demand.
26/07/2017 01:17pm
Malaysian oil company Petronas has decided with its partners to scrap the proposed C$36 billion ($29 billion) Pacific NorthWest LNG megaproject at Port Edward in British Columbia, Canada.
26/07/2017 11:59am
State-run Kuwait Petroleum Corp. is in talks with both commodities dealers along with some international oil companies about forming a joint venture to trade refined products as early as next year, Bloomberg said, quoting a KPC official said.
26/07/2017 11:57am
SNC-Lavalin has been awarded a contract by Brahms Oil Refineries for a front-end engineering design (FEED) conversion to EPC for a refinery in Kamsar, Guinea.
26/07/2017 09:48am
Iran’s western region oil firm Khazar Exploration and Production Company (KEPCO) is in talks with major global energy firm to attract investment and development of offshore oil fields, the company said.
26/07/2017 08:44am
Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.
26/07/2017 07:56am
U.S. supermajor ExxonMobil has found more oil in the Payara reservoir offshore Guyana, increasing the total volume of the Payara discovery to 500 million oil-equivalent barrels.
25/07/2017 08:27am
Senex Energy has made an oil discovery on the western flank of the South Australian Cooper Basin.
25/07/2017 08:19am
Abu Dhabi-based Baron Point Petroleum said it signed an agreement to set up a US$150 million joint venture with PetroVietnam Oil Corporation in Vietnam to finance, build and operate a petroleum product pipeline and storage space.
25/07/2017 07:59am
Shell's Prelude floating liquefied natural gas (FLNG) facility has now entered Australian waters and is the first deployment of Shell’s FLNG technology that will see the facility located 475km north-north east of Broome in Western Australia.
25/07/2017 07:34am
The Denver-based QEP Resources has announced that it is selling natural gas assets in southwest Wyoming for a combined total of US$777.5 million.
24/07/2017 02:01pm
OPEC and non-OPEC members part of an oil production cut deal meant to prop up energy prices agreed to push hard for conformity to the output limits, while Nigeria said it would join the pact once its production stabilises.
24/07/2017 02:00pm
Norway's Höegh LNG has announced that it has secured financing of up to US$230 million for a floating storage and regasification unit (FRSU).
24/07/2017 09:04am
Thailand's Mermaid Maritime said it won two new subsea contracts worth US$4.6 million, which will see it expand into the Middle East.
23/07/2017 08:56am
Subsea 7 has been given an extension by Petrobras for three pipelay support vessels in Brazil worth a combined $250 million.
23/07/2017 08:56am
Subsea 7 has been given an extension by Petrobras for three pipelay support vessels in Brazil worth a combined $250 million.