Reuters reported that Rosneft is talking to oil majors and traders, including Shell, Total and Glencore, to raise up to USD 10 billion using future oil exports as collateral to complete its purchase of TNK-BP and become the world's biggest ...
Tags: oil majors and traders, future oil exports, oil producer, trade finance
Latest data from the Paris based International Energy Agency showed that the UAE, on average, produced 2.67 million barrels per day in October 0.74% lower than its output in September. IEA said that in the Q1 of 2013, increased ...
OPEC kingpin Saudi Arabia has told OPEC it pumped 9.492 million b/d of crude in November, a drop of 232,000 b/d from the 9.724 million b/d it gave as its October output and 181,000 b/d lower than the 9.673 million b/d estimate of Saudi ...
Tags: OPEC, Saudi Arabia, crude oil, energy
RIA Novosti reported that Mr Igor Sechin CEO of Russia's largest oil company Rosneft was elected to its board of directors at a shareholders meeting. Mr Sechin who has led Rosneft since 2004 while being a deputy prime minister in charge ...
Tags: russian, company directors, board of directors, oil gas industries
Sulzer Pumps will supply 40 pumps to PetroChina, the largest oil producer in China for the Guangxi Oil Refinery Project Phase II. Located in the Guangxi Province in Southern China, the project will refine imported high sulfur crude oil. ...
Tags: Sulzer Pumps, PetroChina, Guangxi Oil Refinery Project
Azelis has extended its agreement with Canadian based Petro-Canada, the world’s largest white oil producer to be their sole partner to distribute the PURETOL range, now, for all industry applications including chemicals, rubber and ...
Tags: Azelis, Petro-Canada, white oil, colaboration
AK&M reported LUKOIL Overseas signed the package of documents to complete the sale of its 8% share in offshore hydrocarbon production projects in the Est Rapsodia and Trident exploration blocks in the Romanian sector of the Black Sea to ...
Russian conglomerate Sistema has signed a deal to acquire SG-Trans, the country's biggest independent operator of railcars for transportation of LPG, the company said Tuesday. Sistema will pay a total cash consideration of Rb22.77 billion ...
Tags: transportation of LPG, railcars for LPG, LPG transportation
Ghana's presidential candidates have been outlining plans for the oil and gas sector, as the nation gears up for a decisive presidential election on December 7. The People's National Convention candidate, Hassan Ayraiga, said he would ...
Tags: oil, gas, presidential election
Reuters reports that LUKoil,Russian's biggest non-state oil producer,which is believed to be considering buying ExxonMobil's stake in the West Qurna-1 oil field,has bought oil from Kurdistan in defiance of Baghdad. Baghdad has long ...
Tags: LUKoil, ExxonMobil, oil producer, Kurdistan