From the field

Chevron, Total strike oil offshore USA

The Ballymore deepwater prospect in the Gulf of Mexico has yielded a major oil discovery, operator Chevron announced late on… Read More

6 years ago

Pemex to raise refinery output

Mexican NOC Pemex will increase its refined products output to 900,000 bpd in Q2 2018 from current levels of around… Read More

6 years ago

Crude prices slide ahead of US data

Crude oil prices continued to decline on Tuesday, despite overall optimism over the rebalancing of the market as traders turned… Read More

6 years ago

Oman to build Indonesia refinery

The Omani government will finance the construction of a USD 10-billion refinery in Bontang, Indonesia, international media reported on Tuesday Read More

6 years ago

Exxon plans $50-bln US investment

ExxonMobil is planning to significantly ramp up its investments in the USA in the wake of recent tax reforms, Darren… Read More

6 years ago

UK’s KBR, Iran petchem firm sign MoU

KBR has signed an MoU with Iran’s Pardis Petrochemical Company under which the UK firm will provide technology and services… Read More

6 years ago

Mexico to expand national power grid

Mexico opened a tender on Monday for a transmission line to connect the state of Baja California to the national… Read More

6 years ago

Nigeria to amend local content law

The Ad hoc Committee on Local Content has called on the Nigerian Senate to amend the country’s Local Content Act… Read More

6 years ago

Oil prices edge down but optimism remains

Crude oil prices turned lower on Monday, but the commodity remained supported within close distance of recent multi-year highs amid… Read More

6 years ago

Explosion reported at Taiwan refinery

A Taiwanese refinery operated by NOC CPC has experienced a fire and explosions, international media reported on Monday Read More

6 years ago

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