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Total, Vitol, Trafigura Win Nigeria 2016 Crude Oil Term Contracts

Dec 18, 2015

France's oil giant Total and international trading firms Trafigura and Vitol were among 21 companies handed crude oil term lifting contracts for 2016 by state oil firm Nigerian National Petroleum Corp, NNPC said Thursday. "NNPC issued ...

Tags: Crude Oil, oil trading

Almarai Is Looking to Acquire Confectioner Rashidi EL-Mizan and Dairy Firm Dina Farms

Mar 31, 2015

Saudi Arabia-based dairy food company Almarai is looking to acquire confectioner Rashidi El-Mizan and dairy firm Dina Farms, as well as planning to invest $500m towards the expansion of its current projects in Egypt. The investment ...

Tags: juices, market, Food

LEGO is to end its partnership with Shell following a global campaign from Greenpeace

Oct 16, 2014

The Danish toymaker reveals it will not be renewing its co-promotional deal with the oil firm. LEGO is to end its long-standing partnership with Shell following a global campaign from Greenpeace. The Danish toymaker has revealed that it ...

Tags: LEGO, Partnership, Toys

Brazilian Oil Firm OGX Owned by Tycoon Eike Batista Filed for Bankruptcy

Nov 4, 2013

Brazilian oil firm OGX owned by tycoon Eike Batista, filed for bankruptcy Wednesday, after negotiations with creditors failed. If its pedition is approved by court, OGX would have six months to continue operating while it tries to ...

Tags: Metallurgy, Mineral, Energy

NSA Has Allegedly Monitored 60 Million Phone Calls in Spain in Just One Month

Oct 29, 2013

The US National Security Agency (NSA) has allegedly monitored 60 million phone calls in Spain in just one month. The reports, stemming from Spanish newspaper El Mundo, claim that documents provided by former NSA ...

Tags: Merkel Phone-Tapping

Russia Plans to Transport 30 Million Tons of Crude Oil to China Per Year

Oct 18, 2013

Russia plans to transport 30 million tons of crude oil to China per year through the Skovorodino-Mohe pipeline from January 2018. Rosneft Oil, the biggest oil firm in Russia, said on October 11 that it had reached an agreement with ...

Tags: Metallurgy, Mineral, Energy, Crude Oil

SAP Is to Circumvent Any Spying by The US NSA in Brazil

Sep 18, 2013

SAP is to circumvent any spying by the US National Security Agency (NSA) in Brazil by building data centres in the South American country. In documents aired by Brazil's biggest television network, Globo, the NSA had a presentation dated ...

Tags: Computer Products, software

An 8.3 Billion Pound Project to Build a Refinery and Petrochemical Plant Has Been Shelved

Sep 12, 2013

An 8.3 billion pound ($13 billion) project to build a refinery and petrochemical plant in eastern China involving Royal Dutch Shell (RDSa.L) has been shelved after losing political support, the Telegraph newspaper reported, citing sources. ...

Tags: Chemicals, Metallurgy, Mineral, Energy

Facebook and Yahoo Asked FISC for Permission to Publish Details of Security Requests

Sep 11, 2013

Facebook and Yahoo have asked the Foreign Intelligence Surveillance Court (FISC) for permission to publish details of national security requests they receive from the US government for user data. In a policy statement on Tumblr, Yahoo's ...

Tags: Facebook, Yahoo

NSA Has Tapped Into The Networks of Google, Brazilian Oil Firm Petroleo Brasileiro SA

Sep 10, 2013

The National Security Agency (NSA) has tapped into the networks of Google, Brazilian oil firm Petroleo Brasileiro SA, and systems operated by France's foreign ministry, according to leaked US documents. The documents were aired by ...

Tags: Metallurgy, Mineral, Energy

Chinese Oil Giant Sinopec Meeting Difficulty in Africa Again

Jun 10, 2013

Chinese oil giant Sinopec is expected to see drilling right of an oil field operated by its subsidiary Addax Petroleum in Gabon be withdrawn by local government. Etienne Ngoubou, a senior official with the Gabonese government, disclosed ...

Tags: Metallurgy, Sinopec

Rosneft Raised USD 16.8 Billion in Bank Loans

Dec 26, 2012

Reuters reported that Rosneft,seeking to wrap up Russia's largest-ever takeover deal,raised USD 16.8 billion in bank loans and signed long-term supply deals with two leading oil traders that could be worth as much as USD 50 billion. ...

Tags: Metallurgy, Energy, third-biggest oil producer

Businesses Take Advantage of Economic Benefits of Setting up Operations in Malaysia

Dec 26, 2012

Businesses are increasingly taking advantage of the economic and political benefits of setting up operations in Malaysia, whether to gain access to a highly skilled but lower-cost workforce to support global operations, or as a stepping ...

Tags: Malaysia, BP, IT Initiative, Multimedia Super Corridor

Hackers Using a Mirage Have Been Engaged in a Systematic Cyber Espionage Campaign

Dec 25, 2012

Hackers using a Remote Access Trojan (RAT) named Mirage have been engaged in a systematic cyber espionage campaign against a Canadian energy company, a large oil firm in the Philippines and several other entities since at least this April, ...

Tags: Hackers, RAT, Mirage, systematic cyber espionage, energy company

Saudi Aramco Claims to Be Over a Cyber Attack&Maintains Oil Production Was Not Disrupted

Dec 24, 2012

International oil company Saudi Aramco claims to be over a cyber attack on 15 August and maintains that oil production was not disrupted. The company said around 30,000 workstation computers that were hit by a virus attack are back ...

Tags: International oil company, Saudi Aramco, cyber attack, oil production

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