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Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
Tuesday, June 12, 2018 ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.
In Full Flow: Pipeline Additive Sales Boom Amid Oil Bottlenecks
Thursday, May 24, 2018 Pipeline bottlenecks have vexed North American oil producers this year.
UAE's ADNOC Signs Deal With Spain's Cepsa For New LAB Facility
Monday, May 14, 2018 ADNOC signs a project development agreement with Spain's Cepsa for a new linear alkylbenzene (LAB) facility.
Aker Solutions Opens Upgraded Aberdeen Site
Friday, April 27, 2018 Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.
New Gas Processing Complex Launched in Uzbekistan, Creates 2,000 Jobs
Friday, April 20, 2018 Lukoil officially opens a gas processing complex at the Kandym fields cluster in Uzbekistan.
Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.
DNS Launches Decommissioning Awards
Thursday, March 29, 2018 Decom North Sea launches 'the first industry awards to be dedicated to decommissioning excellence'.
Sembcorp Nets Karish, Tanin FPSO Engineering Contract
Wednesday, March 28, 2018 Sembcorp secures contract for the engineering, procurement and construction of hull and living quarters for a newbuild Floating Production, Storage and Offloading vessel.
OGIC Investing in New Oil, Gas Technology
Monday, March 26, 2018 OGIC invests more than $426,000 into 3 new projects 'which have the potential to cut operational costs and improve efficiency in the oil and gas industry'.
Shanghai Crude Oil Futures Roar Into Action As Glencore Bags First Trade
Monday, March 26, 2018 Shanghai crude oil futures launch with mom-and-pop and institutional investors fuelling much higher turnover than many expected for China's new commodity benchmark.
New Decommissioning Centre of Excellence to Open in Aberdeen
Monday, March 26, 2018 The UK's Oil & Gas Technology Centre (OGTC) and the University of Aberdeen will create a new multi-million-dollar Decommissioning Centre of Excellence.
TechnipFMC, Magma Global in Collaboration Agreement
Friday, March 23, 2018 TechnipFMC agrees the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe for use in offshore applications.
Offshore Achievement Award Winners Announced
Friday, March 23, 2018 The winners of the 2018 Offshore Achievement Awards have been announced, with categories covering technology innovation, company performance and individual achievement across the UK offshore energy sector.
Microchip Lab, Zipped Pipeline Technology Gains Funding
Thursday, March 15, 2018 The UK's Oil and Gas Technology Centre reveals the first cohort of successful applicants for its TechX Pioneer accelerator program.
Statoil Plans to Change Name
Thursday, March 15, 2018 Statoil's board of directors propose to change the name of the company.
Subsea Equipment Specialist Invests In New Technology
Tuesday, March 13, 2018 Global subsea equipment specialist, Ashtead Technology, invests $3.8 million in new technology over the past month in response to anticipated market demand.
BP, Shell React to Superbrands Recognition
Tuesday, March 13, 2018 BP plc and Royal Dutch Shell plc react to the results of the latest UK Superbrands rankings, which saw both companies crowned as one of the top 20 UK business and consumer Superbrands of 2018.
Repsol To Open 200 Fuel Stations In 2018 In Mexico
Tuesday, March 13, 2018 Spanish oil firm Repsol will open 200 gasoline stations in Mexico in 2018.
Oil, Gas Companies Among Top 20 UK 'Superbrands'
Monday, March 12, 2018 Two oil and gas companies have each been crowned as one of the top 20 UK business and consumer Superbrands of 2018.
Wood to Develop World's Largest Crude Oil to Chemicals Complex
Friday, March 09, 2018 Wood has been selected to develop the world's largest fully integrated crude oil to chemicals complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco and SABIC.
Statoil to Construct New Operations Centers in 2018
Wednesday, March 07, 2018 Statoil will construct a new integrated operations support center and drilling operations center in Bergen, Norway, this year.
Aberdeen's OGTC Close to Announcing TechX Pioneer Program Winners
Wednesday, February 28, 2018 Aberdeen's Oil and Gas Technology Centre (OGTC) is close to announcing a list of successful applicants to its TechX Pioneer accelerator program.
Total Interested In Building 150,000 Bpd Iraq Oil Refinery - Sources
Tuesday, February 27, 2018 Total is interested in bidding to build the greenfield 150,000 barrels per day Nassirya oil refinery in Iraq, according to 2 sources familiar with the matter.
Vietnam's Nghi Son Oil Refinery Ready For Start-Up From Feb. 28
Monday, February 26, 2018 Vietnam's second oil refinery, Nghi Son Refinery and Petrochemical, will be ready for start-up from Feb. 28.
Leaders Launch Start Of Afghan Section Of TAPI Gas Pipeline
Friday, February 23, 2018 Regional leaders launch construction work on the Afghan section of an $8 billion natural gas pipeline.
Digitization at Work: GE and Noble Launch Digital Rig
Thursday, February 22, 2018 GE and Noble launch the world's first digital drilling vessel, which will detect potential failures 2 months before they occur and reduce OPEX by as much as 20%.
SOCAR's Oil Refinery In Turkey To Start Up In 3Q 2018
Thursday, February 22, 2018 The first new oil refinery to be built in Turkey in 30 years will start up in Q3.
Oil Producer EQT Corp To Spin Off Midstream Operations
Wednesday, February 21, 2018 Oil and gas producer EQT Corp will separate its upstream and midstream businesses, finally giving in to months of investor pressure.
Thailand's PTTGC To Invest $952MM For Expansion In 2018
Wednesday, February 21, 2018 Thailand's PTT Global Chemical Pcl will invest 30 billion baht ($951.78 million) this year to expand its business.
OGTC Launches Events to Inspire Culture of Innovation in Scotland
Monday, February 19, 2018 The Oil & Gas Technology Centre launches a series of weekly events to help inspire a culture of innovation in the North-East of Scotland.
Services Firm Kvaerner to Invest Millions in New Norwegian Quay
Tuesday, February 13, 2018 Services firm Kvaerner plans to invest $46.8 million in a new quay at its facility at Stord in Norway.
New Oil, Gas Production Technology Business Launched
Thursday, February 08, 2018 Services company FrontRow Energy Technology Group launches a new oil and gas production technology business.
ADNOC Awards Ruwais Upgrade to Samsung-CB&I JV
Wednesday, February 07, 2018 The project will introduce crude processing flexibility at Ruwais Refinery-West.
Xodus Group Hires General Manager for First Egypt Office
Monday, February 05, 2018 Xodus Group appoints a general manager for its first office in Egypt as the company 'aims to build on its track record in the country and target upcoming new contracts'.
Gullkronen 2018 Winners Announced
Friday, February 02, 2018 Rystad Energy reveals the winners for the tenth anniversary of the Gullkronen awards.
Stanford PhD Student Helped Discover 200MM Barrels of Resources
Wednesday, January 31, 2018 A PhD student from Stanford was integral in BP's discovery of more than 200 million barrels of additional resources at the Atlantis field in the deepwater Gulf of Mexico.
Iraq To Build Oil Refinery In Fao With Chinese Firms, Plans 3 Others
Monday, January 29, 2018 Iraq plans to build an oil refinery at the port of Fao on the Gulf with 2 Chinese companies.
Rystad Energy Reveals Nominees for Gullkronen 2018 Awards
Friday, January 26, 2018 Rystad Energy reveals the nominees for the tenth anniversary of the Gullkronen awards.
Aberdeen's OGTC Plans to Invest Millions to Tackle Key Challenges
Wednesday, January 24, 2018 Aberdeen's Oil & Gas Technology Centre (OGTC) plans to launch ten 'Calls for Ideas' in 2018 and invest millions in order to tackle 'key' industry challenges.
Thai PTTGC To Invest $985MM In Olefins Plant
Tuesday, January 23, 2018 Thai PTT Global Chemical Pcl (PTTGC) plans to invest $985 million in a new olefins plant.
Scottish Government Launches Low Carbon Innovation Fund
Monday, January 22, 2018 The Scottish government is launching an $83 million fund to 'keep Scotland at the forefront of low carbon innovation'.
CHC Reaffirms Commitment to North Sea Energy Sector
Friday, January 19, 2018 Helicopter services company CHC breaks ground on a $6 million redevelopment of its Aberdeen base.
Algeria's Sonatrach To Refine Crude Abroad To Cut Fuel Import Bill -CEO
Tuesday, January 16, 2018 Sonatrach plans to send oil abroad for refining as it seeks to lower a fuel bill that reached a record $2.5 billion last year.
Oil, Gas Majors to Boost Renewable Spend
Friday, January 12, 2018 Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018.
IOS Proceeding with Expansion Following Contract Wins
Tuesday, January 09, 2018 Independent Oilfield Services is proceeding with a $4 million expansion after securing 2 new contracts worth more than $16 million.
Aqualis Offshore Expands Service Offering
Monday, January 08, 2018 Aqualis Offshore, a marine and offshore engineering consultancy, expands its service offering to include drilling rig inspections.
OGTC Invests $1.8MM in P&A Technology
Monday, January 08, 2018 The UK's Oil & Gas Technology Centre (OGTC) is investing $1.8 million (GBP 1.3 million) in four well plugging and abandonment (P&A) projects.
Israel's Oil Refineries To Build 135 MW Natural Gas Power Plant
Wednesday, January 03, 2018 Israel's Oil Refineries receives government approval to build a 135 megawatt natural gas-fueled power station to replace an old coal-fired plant.
Coal Bed Methane Producer Changes Name
Wednesday, January 03, 2018 Green Dragon Gas Ltd changes its name.
ICR Opens New Aberdeen Energy Park Headquarters
Tuesday, December 19, 2017 ICR Integrity Limited, a provider of integrated maintenance solutions to the oil and gas market, has relocated 6 bases across Aberdeenshire into 1 new facility in Aberdeen Energy Park.