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      British Petroleum sells 11.5 pct stake in Castrol India

      BP announced that its wholly-owned subsidiary, Castrol Limited, has been successful in selling part of the shareholding it holds in Castrol India.    ...

      Oil Search Limited and Total SA sign agreement for acquisition of Inter Oil assets in Papua New Guinea

      Oil Search Limited and Total SA to focus on development of Papua LNG Project and to pursue cooperation and/or integration opportunities with PNG LNG...

      Lundin Petroleum completes Edvard Grieg acquisition transaction

      Following the announcement earlier Lundin Petroleum AB is now pleased to announce the completion of the acquisition by Lundin Norway AS from Statoil Petroleum AS of...

      Freeport-McMoRan Announces Agreement To Sell Onshore California Oil & Gas Properties For $742 Million

      Freeport-McMoRan Inc announced a purchase and sale agreement to sell its onshore California oil and gas properties to Sentinel Peak Resources California LLC for...

      DNV GL acquires specialist in CFD for fire and explosion analysis, ComputIT

      DNV GL, a global leader in oil and gas risk management software, has acquired ComputIT, a specialist independent company for Computational Fluid Dynamics (CFD)...

      Chevron Announces $19.8 Billion Capital and Exploratory Budget for 2017

      Chevron Corporation announced a $19.8 billion capital and exploratory investment program for 2017. Included in the 2017 program are $4.7 billion of planned affiliate...

      Marathon Oil Announces $2.5 Billion Canadian Oil Sands Divestiture and $1.1 Billion Permian Basin Acquisition

      Marathon Oil Corporation announced it has signed an agreement to sell its Canadian subsidiary, which includes the Company's 20 percent non-operated interest in the...

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      White Papers

      US Polyethylene Export Market Report 2017-2020

      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...

      Embedded SSD Flash Management

      This white paper will explore NAND flash technology and its inherent problems, and explain how proper flash management algorithms can address these issues and...

      Enterprise SSD: More Than Just a New Kind of Hard Drive

      SSDs deliver unmatched data center performance. As solid-state drives (SSDs) are increasingly deployed throughout the enterprise, data center and IT managers need to fully...

      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...