OTC Asia 2026

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      Venezuela oil sanctions more likely as Tillerson tours region

      America
      U.S. Secretary of State Rex Tillerson signaled the U.S. is closer to imposing sanctions on Venezuela’s oil sector, raising the pressure on President Nicolas...

      Petrobras about to sell a U.S refinery Pasadena

      Downstream
      Brazil’s state-controlled oil company, Petróleo Brasileiro SA, said on Tuesday it had started taking steps to sell its refinery in Pasadena, Texas, an installation...

      BP starts production from giant Khazzan gas field in Oman ahead of schedule and under budget

      Middle East & South Asia
      BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, announced that production has begun from the giant Khazzan gas...

      Earth Quake creates havoc, intercepts communication and disrupts oil and gas operations in Papua New Guinea

      Europe
      At least one company began evacuating non-essential personnel after a powerful 7.5 magnitude earthquake hit Papua New Guinea’s energy-rich interior on Monday, causing landslides,...

      Aramco partners with Petronas to enhance value of PIC petchem projects in Malaysia

      Downstream
      Saudi Aramco has entered into a strategic partnership with Petronas Chemicals Group Berhad (PCG) to enhance the value and competitive positioning of its petrochemicals...

      CNOOC Limited Announces Changes in Directors

      America
      CNOOC Limited announced changes in directors of the Company. Mr. Wang Dongjin has been appointed as a Non-executive Director and a member of the...

      ExxonMobil Continues to Increase Acreage Position in Permian Basin

      America
      Exxon Mobil Corp announced it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades....

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

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