News
June 10, 2019
China’s first seagoing LNG bunker vessel will operate with a comprehensive and integrated package of highly efficient and environmentally sustainable solutions from the technology group Wärtsilä.
News
June 07, 2019
After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
News
June 05, 2019
During the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK, Sinopec and Gazprombank signed Heads of Agreement on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China.
News
June 05, 2019
China’s pipeline reform is poised to spur competition in its natural gas industry, lowering prices and supercharging demand.
News
May 30, 2019
China is mobilizing its state-run energy industry to prepare for an economic tussle with the U.S. that could escalate and last for years.
News
May 29, 2019
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth, overshadowing forecasts for a drop in American crude inventories.
News
May 28, 2019
Petro Matad Limited, the AIM-quoted Mongolian oil explorer, is pleased to provide an update on preparations for the 2019 drilling campaign in Block XX and PSC extension applications for Blocks IV and V.
News
May 27, 2019
Sparrows Group has appointed Deladi Petroleum Services Sdn Bhd as their sole representative in Brunei.
News
May 21, 2019
Landmark, a Halliburton Company business line, today announced that the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), an institution established by the government of the Republic of Indonesia, selected Landmark software technology for end-to-end workflow solutions.
News
May 21, 2019
InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC), to install deepwater mooring systems for the Liuhua 16-2 and Lingshui 17-2 floating production facilities in the South China Sea.
News
May 21, 2019
Oil and gas process equipment supplier, Frames, has been awarded a contract to supply TechnipFMC with the hydraulic control systems for subsea wells and subsea isolation valves in Eni's Merakes field tie-back to the existing Jangkrik Floating Production Unit in offshore East Kalimantan, Indonesia.
News
May 13, 2019
API issued the following statement in response to China’s increase of the retaliatory tariffs on $60 billion worth of U.S. products, including U.S. LNG:
News
May 10, 2019
Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.
News
May 06, 2019
Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore Master Service Agreement (MSA) with BMT.
News
May 06, 2019
Talks between the U.S. and China to resolve their year-long trade standoff appeared to be on life-support Monday, with Beijing struggling to respond to tweets by President Donald Trump that threaten an escalation of tariffs by the end of the week.
News
May 06, 2019
Sabah Shell Petroleum Company Ltd., a subsidiary of Royal Dutch Shell, has signed an offshore Master Service Agreement (MSA) with BMT.
News
May 02, 2019
Asian refiners are asking Saudi Arabia for more crude as buyers in the world’s top oil-consuming region face supply disruptions from Iran to Venezuela.
News
April 30, 2019
Hunting PLC has announced its Hunting Titan division has entered into an agreement with Xi’an Well-sun Electronics Technology PLC (Well-sun) for the distribution of Well-sun’s products and technologies for all markets with the exclusion of the People’s Republic of China.
News
April 29, 2019
Malaysia’s state-owned oil company is banking on the Americas to help raise reserves and maintain production rates as wells in its Southeast Asian home market continue their natural declines.
News
April 25, 2019
Keppel FloaTEC LLC, a wholly-owned subsidiary, of Keppel Offshore & Marine has secured an engineering services contract from China’s Offshore Oil Engineering Company Ltd (COOEC), the main EPCI (engineering, procurement, construction, installation) contractor for the Lingshui 17-2 production semi-submersible (semi) to be built in China.
News
April 24, 2019
CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina Company Limited for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block.