News
November 22, 2018
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage for LPG (Liquified Petroleum Gas) volumes in Port Klang in Malaysia.
News
November 13, 2018
Paradigm Group, the global Dutch innovation and technology company, for the upstream oil and gas industry, has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand.
News
November 12, 2018
ABB has been awarded an integrated automation, electrification and telecommunication order in second-quarter 2018, valued at $79 million, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleum Engineering and Construction Corporation (CPECC)
News
November 12, 2018
Empyrean Energy is pleased to announce that Gaffney, Cline & Associates has completed its independent audit of the company’s oil-initially-in-place estimates over the Jade, Topaz and Pearl.
News
November 09, 2018
The U.S. secretaries of state and defense met with their Chinese counterparts for an annual strategy session in Washington on Friday, with both sides highlighting deep differences on diplomacy and security weeks before Presidents Donald Trump and Xi Jinping plan to meet at a summit in Argentina.
News
November 07, 2018
China is finally getting a taste of Canadian crude, if only for a couple of months.
News
November 06, 2018
Iraq aims to supply China with 60% more crude next year, according to the head of the state-run Oil Marketing Co.
News
November 05, 2018
Natural gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting the fuel on trucks.
News
November 05, 2018
Global integrated subsea services business, Kreuz Subsea and consortium partner Seamec Ltd, have successfully completed the mobilization of the Kreuz Glorious vessel to commence a two-year project with India’s Oil & Natural Gas Corporation (ONGC).
News
November 05, 2018
Saudi Arabia raised pricing for the crudes it sells to Asia, a sign that OPEC’s biggest producer sees robust demand as it boosts output to offset the impact of sanctions on Iran.
News
October 30, 2018
Watson Farley & Williams (WFW) advised Aban Singapore Pte. Ltd, a wholly owned subsidiary of India’s Aban Offshore Ltd, on its acquisition, via its wholly-owned subsidiary Caldera Petroleum, of a 100% interest in two oil and gas blocks in the UK North Sea for a non-cash consideration of $75 million.
News
October 30, 2018
Philippine Energy Secretary Alfonso Cusi is optimistic that a deal to jointly explore disputed areas of the South China Sea for oil and gas will finally move forward when President Xi Jinping visits next month.
News
October 25, 2018
A Chinese archipelago that served as a pirate’s den and was governed by President Xi Jinping in the new millennium is luring the world’s energy giants.
News
October 22, 2018
Total and CNOOC have signed an amendment to their existing sale and purchase agreement (SPA) for liquefied natural gas (LNG) supply to further strengthen their cooperation in the LNG business.
News
October 19, 2018
Asian buyers of Iranian oil are gaining confidence they will win U.S. consent for some imports to continue even after American sanctions snap back next month.
News
October 11, 2018
Chinese oil buyers are making a beeline for a bargain across the Pacific.
News
October 08, 2018
Although Beijing hasn’t sanctioned U.S. oil imports yet, Chinese buyers aren’t taking any chances.
News
October 03, 2018
G3 Exploration Ltd., an independent specialist in the exploration and development of coal bed methane gas (CBM) with roots in China and a focus on international expansion, has announced that the China National Development and Reform Commission (NDRC) has issued its final approval for the Overall Development Plan (ODP) on the Chengzhuang Block (GCZ).
News
October 02, 2018
China is set to boost its crude imports from West Africa to the highest in at least seven years this month as the trade war with the U.S. prompts the Asian nation’s refiners to find alternatives.
News
September 27, 2018
A plan by the EU, Russia and China to sidestep U.S. sanctions on Iran by using an alternative payment system won’t give its buyers a free pass to handle Iranian crude.