Russia and China on Tuesday signed an agreement by which Russia will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years, Russian Prime Minister Dmitry Medvedev said in Beijing. "(We) will supply ...
Tags: Medvedev, Additional Oil
Russian oil company signed agreements with China to guarantee the sales. They got funds to build highly-cost manufacturing and pipeline project and to change export target from Europe to Asia. Vladimir Medvedev announces the agreements in ...
Tags: Oil Companies, petroleum
Advent International has sold Oxea, one of the largest global manufacturers of Oxo chemicals to the Oman Oil Company (OOC), a commercial company wholly owned by the Government of the Sultanate of Oman The acquisition is subject to ...
Tags: Oxea, Advent International
China's primary offshore oil company on Tuesday invited foreign companies to bid on an unprecedented number of deep-water blocks off Chinese shores as the country attempts to firm up domestic oil output, which has grown slowly over the past ...
Tags: Domestic Oil Output, Crude-Oil
Oil producers are currently doing a good job of balancing world oil market fundamentals, but it is too early to say if OPEC will leave crude production levels unchanged when it next meets in December, UAE oil minister Suhail al-Mazrouei ...
Tags: Oil Producers, Oil Minister
The State Oil Company of Azerbaijan (SOCAR) has announced plans to start construction of a new petrochemical processing complex at the industrial complex of Sangachal Terminal in south Baku region of the country. SOCAR president Rovnag ...
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) was officially opened this morning by President of ...
Tags: Transportation, shipbuilding
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
Petroleo Brasileiro (Petrobras SA), one of the world's largest oil and gas companies, has emphasised that the tapping of its systems by the US National Security Agency (NSA) is a result of political, and not technical issues. The NSA has ...
Tags: Computer Products, software
Representatives of CITGO Petroleum Corporation were joined by hundreds of Bronx residents today to celebrate the 2013 edition of the CITGO-Venezuela Energy Efficient Lighting Program (EELP) at the Bronx Spanish Evangelical Church in the ...
Unique System FZE delivers Marorka's ship performance monitoring solutions to ADNATCO-NGSCO fleet Unique System FZE, a Unique Maritime Group company and one of the world's leading integrated turnkey subsea and offshore solution providers, ...
Tags: Transportation, logistics
Wärtsilä, the marine industry's leading solutions and services provider, has been awarded the contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily ...
Tags: Transportation, logistics
Russian pipemaker TMK has informed that it has shipped 3,500 mt of oil-and-gas pipes with an outside diameter of 273.1 mm and 323.9 mm of strength grade X60QS produced by Volzhsky Pipe Plant ( a part of TMK Group) for the construction of ...
Tags: pipemaker, Offshore Pipelines
Zamakona yards group announces launching of the ship Ocean Osprey at Zamakona Yards Pasajes. Zamakona yards group successfully completed the launching of the ship "Ocean Osprey" at its facilities in Pasajes (northern Spain). The ship is ...
Tags: ship, Transportation, Service