Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals
Ukrainian steel pipe and railway wheel producer Interpipe has announced that, following the previous signing of a memorandum of understanding (MOU) with international oil company Shell, which outlines the steps required to bring Interpipe's ...
Tags: Interpipe, steel pipe
The regulatory measures to reduce greenhouse gases are creating a billion dollar per year market for CO2 mitigation equipment and services. However, the amount to be spent for sequestration will be far less than for improving efficiency of ...
Tags: Carbon Dioxide, greenhouse gases
Reform in Mexico has been talked about for many years, but substantial change that would likely involve some degree of constitutional amendment seems finally at hand, a Mexican energy legal expert said Thursday. With production dwindling ...
Bridgestone Americas Tire Operations (BATO) announced that Stuart (Stu) Crum has been named president of Bridgestone Retail Operations LLC, effective August 5. Crum has nearly thirty years of experience in automotive retail, most recently ...
Tags: Auto, Auto Parts
Ukrainian steel pipe and wheel producer Interpipe has announced the putting in place of a local support team to work on the ground in the southern Iraqi city of Basra following the receipt of approval from South Oil Company (SOC), one of ...
Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy
Partners Khaled Juffali Company (KJC), a Saudi Arabian investment company, and concentrating photovoltaic (CPV) solar system maker Soitec of Bernin, France, say that the Saudi Arabian Oil Company (Saudi Aramco), a global petroleum and ...
Tags: Soitec CPV, Solar, Electrical, Electronics
Kuwait will increase its oil production capacity to about 3.6 million b/d by 2022, according to a study by the emirate's Diplomatic Center for Strategic Studies (DCSS). The official KUNA news agency reported Wednesday that the study said ...
Tags: Oil, Metallurgy, Mineral, Energy
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...
Tags: Kuwait, Oil, Hani Hussein
A US commodity trading house has filed a class-action lawsuit in New York against BP, Shell and Statoil, the three European oil companies being investigated by the European Commission for suspected manipulation of oil prices. The oil ...
Tags: Chemicals, Metallurgy, Mineral, Energy
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
Venezuela and China have agreed on the terms of a previously announced $4 billion financing deal to increase the output of their Sinovensa joint venture in Venezuela's Orinoco oil belt, the South American country's oil minister said late ...
Tags: Oil, Metallurgy, Mineral, Energy
Petrobras to build center of excellence for the shipbuilding industry in Brazil Tuesday, May 14, 2013 The plans to build a center of excellence for the shipbuilding industry in Brazil were highlighted in the presentation made by Paulo ...
Tags: Petrobras, Shipbuilding Industry