News
April 25, 2017
Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade as the former OPEC member seeks to reverse a decline in its crude oil production.
News
April 25, 2017
Aqualis Offshore has been contracted by South Korean OCEANUS Co. Ltd. to provide specialist floatover services for an LNG regasification platform topside offshore Bahrain.
News
April 25, 2017
Russia retook the top spot from Saudi Arabia in crude supplies to China last month as OPEC producers are flirting with the possibility of extending a deal to curb production.
News
April 21, 2017
Vice President Mike Pence announced 11 major deals valued at more than $10 billion between U.S. and Indonesian companies, mostly in energy and defense.
News
April 20, 2017
A working meeting between Alexey Miller, chairman of the Gazprom management committee, and Nguyen Vu Truong Son, CEO and member of the board of directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow on April 19th.
News
April 18, 2017
Huisman, a lifting, drilling and subsea solutions company, celebrated the 10-year anniversary of its Chinese production facility, Huisman China, on April 17.
News
April 14, 2017
CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations Limited for Block 16/25 in the South China Sea.
News
April 13, 2017
China’s record oil imports in March helped it top the U.S. as the world’s biggest buyer during the first quarter.
News
April 11, 2017
OriginClear Inc. has announced it is entering into a partnership with a regional organization in the Chinese province of Shandong for remediation of a shale gas site operated by the government-owned Sinopec Group, Asia's largest oil and gas company.
News
April 11, 2017
A crude pipeline to southwestern China through its neighbor Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa.
News
April 11, 2017
Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia.
News
April 11, 2017
In addition to shareholder approval, Lundin Petroleum received the regulatory consents and approvals to complete the internal reorganization of the Lundin Petroleum Group to spin-off its assets in Malaysia, France and the Netherlands into IPC. The reorganization was completed on April 7, 2017.
News
April 06, 2017
Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of the Shelf Drilling Krathong jackup drilling rig and its delivery to Shelf Drilling Ltd., on schedule and within budget.
News
April 06, 2017
Shell has announced the conditional sale of its Liquefied Petroleum Gas (LPG) business in Hong Kong and Macau to DCC Energy for a total enterprise value of $150.3 million.
News
April 06, 2017
OPEC all but trashed the tanker market with its output cuts. That the damage hasn’t been even worse is thanks in large part to a flood of U.S. crude exports, particularly to Asia.
News
April 06, 2017
China is set to import record amounts of crude oil from West Africa this month as OPEC’s supply cuts pave the way for other nations to gain a greater foothold in the fast-growing Asian market.
News
April 04, 2017
China became the biggest buyer of U.S. crude in February, surpassing Canada, at a time when OPEC is cutting back output.
News
March 30, 2017
PetroChina Co.’s profit fell 78% to the lowest on record as the energy price crash punished the country’s biggest oil and gas producer for a third year.
News
March 29, 2017
Nido Petroleum Limited, on behalf of the Galoc JV partners, has advised that the drillship Deepsea Metro I has commenced mobilization from Labuan, Malaysia, to the Galoc-7/7ST well location in Block C1 of Service Contract 14, offshore the Republic of the Philippines.
News
March 27, 2017
China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering.
News
March 24, 2017
Thailand has a message for embattled global LNG sellers: It’s going on a shopping spree.
