OTC Asia 2026

Asia Pacific

      Xcite Energy signs MOU with China Oilfield Services for Bentley field, UK North Sea

      Asia Pacific
      Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up drilling rig for the...

      Oil falls to near $78 on Japan recession news

      Asia Pacific
      The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news that Japan is now...

      GE to supply turbomachinery for Petronas’ second floating LNG facility

      Asia Pacific
      GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to Malaysia's Petronas.   The...

      China’s Rush to Green Vehicles Fuels Bubble Concerns

      Asia Pacific
      China's electric vehicle sales surged five-fold in the first 10 months of 2014, powered by Beijing subsidies. In a long-awaited take-off, even unlikely firms...

      Carnarvon Petroleum to sell remaining interests in Thailand to Berlanga

      Asia Pacific
      Carnarvon Petroleum has agreed to sell its remaining 20% interest in three Thailand oil production concessions to Berlanga Group for $58.2m. The transaction includes...

      Medco Energi to sell gas from Aceh’s Block A in Indonesia to Pertamina

      Asia Pacific
      Medco Energi Internasional has agreed to sell gas from Aceh's Block A in Indonesia to Pertamina. The gas sales and purchase agreement (GSPA) for Block...

      Tethys Petroleum signs MOU with PetroChina International Kazakhstan

      Asia Pacific
      Tethys Petroleum has signed a memorandum of understanding (MOU) with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation...

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