OTC Asia 2026

Downstream

      Chevron to build California carbon capture plant

      Chevron Corp is partnering with Microsoft Corp, oilfield services firm Schlumberger NV and privately held Clean Energy Systems to build a carbon capture plant...

      Aker signs contract to increase production at Asgard field offshore Norway

      Aker Solutions has received a contract from Equinor for modifications on the Åsgard B semi-submersible gas and condensate processing platform in the Norwegian Sea...

      Venezuela resumes direct oil shipments to China despite U.S. sanctions

      Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv...

      Mammoet launches SK6,000 crane to enhance FPSO modularization strategies

      Constructing FPSO and FLNG modules onshore has allowed EPCs and owners to expedite project schedules and increase cost-effectiveness. By constructing the hull and topsides...

      Downstream oil regulator PNGRB simplifies gas pipeline tariff

      Oil regulator PNGRB has simplified the country's gas pipeline tariff structure to make the fuel more affordable for distant users and to attract investment...

      ABB digitises gas supplies control for tea gardens, industrial units

      ABB India on said that 74 tea gardens in Assam as well as six big industrial customers have upgraded to first-of-its-kind ABB  igital gas...

      Sinopec merges two Guangdong-based refineries, lifts more US oil

      China's Sinopec Corp has merged two subsidiary refineries in Guangdong, two company sources said, as the state refining giant looks to improve operations in...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

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      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...