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      SKK Migas lowers upstream oil and gas investment target this year

      News
      Indonesia has lowered its upstream oil and gas investment target by 15 percent this year amid continued global economic pressures on the commodities. The Upstream...

      Aramco completes its acquisition of a 70% stake in SABIC

      News
      Aramco announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund...

      Gazprom Arctic Offshore Platform Ships Its 200th Oil Cargo

      News
      Gazprom Neft, the oil branch of Russian gas giant Gazprom, has shipped the 200th consignment of ARCO crude from its Prirazlomnaya offshore platform in...

      Cooper Energy restarts production at Orbost processing plant

      News
      Oil and gas explorer and developer Cooper Energy has resumed commissioning of the Orbost gas plant in Victoria, Australia. The gas plant is being...

      National Fuel to Acquire Shell Integrated Upstream and Midstream Assets in Pennsylvania

      News
      National Fuel Gas Company announced that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary of Royal Dutch Shell...

      Oil Down on Signs Russia May Ease Supply Cuts

      Marketing & Distribution
      Oil declined from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from July, while tensions between...

      OMV receives permit to drill Norwegian Sea appraisal well

      Drilling
      Austrian oil and gas company OMV is set to drill an appraisal well in the Norwegian Sea after receiveing an offshore safety approval and...

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      US Polyethylene Export Market Report 2017-2020

      Whitepapers 0
      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...

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      Upstream 0
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      Upstream 0
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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Upstream 0
      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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