Eni strengthens its presence in the Cyprus Offshore

Eni announces that has finalized a farm-in agreement with Total to acquire 50% Participating Interes...

Algeria Sonatrach to invest $50 billion, boost crude output

Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019...

Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

Natixis, IBM and Trafigura have pioneered the first blockchain solution in commodity trade finance f...

Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 ...

Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with...

Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the...

  • Eni strengthens its presence in the Cyprus Offshore

  • Algeria Sonatrach to invest $50 billion, boost crude output

  • Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

  • Ecopetrol announces oil discovery at Santander

  • Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

  • Digital Transformation of the oil and gas sector

Offshore

IndianOil Sweeps Awards at Federation of Indian Petroleum Industry (FIPI)-2016 Awards Ceremony

In a scintillating 1st awards night, post amalgamation of Petrotech Society and Petroleum Federation of India (PetroFed) (to FIPI), held at New Delhi on August 8, 2017, IndianOil swept the floor with

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petronas strategises business expansion to capture india’s growth

India’s robust growth trajectory and thriving demand for consumer products as well as clean energy to fuel its growth plans, have put Malaysia’s national oil company PETRONAS in a unique position

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CNOOC Limited Announces Hangingstone Project Commences Production

CNOOC Limited announced the Hangingstone project in Canada has already commenced production. The Hangingstone project, located in Alberta, Canada, consists of steam-generating equipment, well pad f

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Pipelines & Transport

CNPC and CASIC sign agreement to deepen strategic cooperation

On February 28, CNPC and China Aerospace Science & Industry Corp (CASIC) signed an agreement to deepen strategic cooperation for mutual benefits and win-win results.                    

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SPL / SPM of Balongan Refinery Valued at Rp1.79 trillion is Starting to be Built

The Groundbreaking of submarine pipe line (SPL) and single point mooring (SPM) facilities construction in Pertamina’s Refinery Unit VI Balongan, Indramayu, West Java are conducted today by Minister

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Gazprom and Linde expanding cooperation in oil and gas sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aldo Belloni, Chief Executive Officer of Linde, took place at the Gazprom headquarters.              

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Onshore

BP Target Neutral expands carbon offset portfolio

BP advances its commitment in support of a lower carbon future: the project portfolio has the total capacity to reduce up to 2.5 million tonnes of CO2 equivalent per year and improve the livelihoods o

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US Polyethylene Export Market Report 2017-2020

Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 – a large 60+ page report detailing the fast-changing US polyethylene market with in

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ExxonMobil and University of Wisconsin-Madison to Advance Research into Conversion of Biomass into Transportation Fuel

The University of Wisconsin-Madison and ExxonMobil have announced a two-year renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research

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Downstream

US Polyethylene Export Market Report 2017-2020

Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 – a large 60+ page report detailing the fast-changing US polyethylene market with in

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Saudi Aramco, Petronas Sign Share Purchase Agreement For Equity Participation In Rapid Downstream Project

The Saudi Arabian Oil Company and Petroliam Nasional Berhad signed a Share Purchase Agreement,allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petrochemical Integrated Deve

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ExxonMobil Singapore Refinery to Expand Group II Base Stock Production

ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products a

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