Eni strengthens its presence in the Cyprus Offshore

Eni announces that has finalized a farm-in agreement with Total to acquire 50% Participating Interes...

Algeria Sonatrach to invest $50 billion, boost crude output

Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019...

Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

Natixis, IBM and Trafigura have pioneered the first blockchain solution in commodity trade finance f...

Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 ...

Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with...

Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the...

  • Eni strengthens its presence in the Cyprus Offshore

  • Algeria Sonatrach to invest $50 billion, boost crude output

  • Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

  • Ecopetrol announces oil discovery at Santander

  • Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

  • Digital Transformation of the oil and gas sector

Offshore

Petrobras about to sell a U.S refinery Pasadena

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 ensnared in Brazil’s largest co

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BP to partner with Dongming petrochemical across three fast growing provinces, also about to expand Retail business in china.

BP and Shandong Dongming Petrochemical Group (Dongming Petrochemical) announced the signing of joint venture agreements to develop a leading branded retail fuels and convenience business covering the

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Shell announces large deep-water discovery in Gulf of Mexico

“Deep water is an important growth priority as we reshape Shell into a world-class investment case,” said Andy Brown, Upstream Director for Royal Dutch Shell. “Today’s announcement shows how,

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Pipelines & Transport

Crude declines as growth in shale production scares investors

U.S. weekly crude production surged to a record 10.25 MMbpd. American production is set to climb even higher this year and breach 11 MMbpd in November, reaching that level a year earlier than expected

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Aker Solutions wins services contract from Petrobras in Brazil

Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key internatio

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Noble Energy Partners Enters Into Agreement to Negotiate on UK Pipelines

Noble Energy Partners has entered into an agreement with PLS Advisory Services to evaluate and negotiate mid-stream oil and natural gas pipeline assets in the United Kingdom. Noble Energy Partners wil

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Onshore

22th International Conference Oil and Gas Uzbekistan OGU) - the key event in the national oil and gas industry, will be held on May 16-17, in Tashkent city

Quite symbolic is that theexpert discussion about the future of the oil and gas industry takes place in that very year which, upon the initiative of HE ShavkatMirziyoyev,the President of the Republic

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Pemex Refinery Chief Looks to Deal With Mitsui to Spur Recovery

With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui &

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Valero Energy sees $1.86 billion tax benefit

Valero Energy Corp. VLO, -0.69% reported results for the fourth quarter before the market opening Thursday. Here's what you need to know:PROFIT: Net income attributable to shareholders was $2.37 billi

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Downstream

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 polyethylene market with in

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Saudi Aramco, Petronas Sign Share Purchase Agreement For Equity Participation In Rapid Downstream Project

The Saudi Arabian Oil Company and Petroliam Nasional Berhad signed a Share Purchase Agreement,allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petrochemical Integrated Deve

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ExxonMobil Singapore Refinery to Expand Group II Base Stock Production

ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products a

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