Featured News
Shell to invest Timi gas development project
Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, announced that it has taken a final investment decision on the Timi gas...
Featured News
Indian Oil to invest nearly Rs 1 lakh crore to enhance refining capacity
Indian Oil (IOC) will invest nearly Rs 1 lakh crore to enhance its refining capacity by almost a third in the next 4-5 years.
IOC...
Featured News
ONGC invites bids for 43 small oil and gas fields
India’s Oil and Natural Gas (ONGC) has invited bids from companies for handing over operations of 43 small and marginal oil and gas fields...
Featured News
BHP in talks to sell petroleum business to Woodside Petroleum
BHP is in talks to sell its petroleum business to Australia’s top gas producer Woodside Petroleum in exchange for shares, the companies confirmed.
The world’s...
Featured News
Oil producer Rosneft says revenue doubled to 2.167 trillion roubles
Russian oil producer Rosneft said revenue doubled to 2.167 trillion roubles, while net profit surged to 233 billion roubles ($3.2 billion).
Rosneft, which includes oil...
Featured News
Exxon Mobil seeks bids for U.S. shale gas properties
Exxon Mobil is seeking bids for selling U.S. shale gas properties to raise billions of dollars to shed unwanted assets and reduce debt, Reuters...
Featured News
Recurrent Energy signs agreement with Pacific Gas
Recurrent Energy, a subsidiary of Canadian Solar, signed a 15-year Resource Adequacy agreement with Pacific Gas & Electric to provide 150 MW / 600 MWh...
Featured News
Aramco net profit jumps to $25.46 billion in June quarter
Saudi Arabian state oil producer Aramco reported a near four-fold rise in second-quarter net profit on Sunday, boosted by higher oil prices and a...