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      Neptune Energy starts drilling campaign at Fenja field offshore Norway

      News
      UK-based offshore operator Neptune Energy has announced the start of a drilling campaign on the Fenja field offshore Norway, following spudding of the first...

      Oil prices increase due to less than expected rise in US stockpiles

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      Oil prices have increased after crude inventories in the US rose by ten million barrels, which is less than expected. According to Reuters, West...

      BP deepens partnership with Chinese PET producer CRC, seeking opportunities for closer cooperation

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      BP has signed a strategic cooperation agreement with one of China’s leading producers of PET (polyethylene terephthalate) plastic, China Resources Chemical Innovative Materials Holdings...

      CNPC puts into operation of its new production lines for surgical masks

      News
      Since the novel coronavirus outbreak, supplies and materials for epidemic prevention, such as masks and melt-blown nonwoven fabrics, have been in urgent need. Putting...

      Aramco Trading Company (ATC) to enhance its presence in Europe and Africa with the establishment of London office

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      ATL will be at the forefront of ATC’s business activities in Europe and extended ATC’s operational reach to cover North and West Africa as...

      Brent crude oil price falls 24%, second largest one-day decline on record

      News
      International benchmark Brent crude oil front-month futures prices declined 24% to less than $35 per barrel and was the second largest daily price decline...

      Equinor and Shell collaborate on digital solutions

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      The companies have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas...

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