05.04.2012
- Chevron Phillips Chemical will build a new facility at its Cedar Bayou plant in Texas to produce components for plastics used for film, pipe, detergent bottles and food and...
28.03.2012
- China's top offshore oil producer CNOOC posted a 29% rise in 2011 net profit on Wednesday, matching forecasts, on soaring crude oil prices. Unlike peers PetroChina and China...
06.02.2012
- Sunoco took another step in its running effort to turn the business around by replacing the chief executive who oversaw a dramatic shake-up of what was once the major independent...
24.01.2012
- Fast-growing, resource-hungry China continues to invest in oil and gas assets from Canada to Latin America to Australia in 2011, and also sees a few acquisitions in the nuclear...
24.01.2012
- Sinopec Group has signed a 20-year binding agreement with Australia Pacific LNG (APLNG) to increase annual liquefied natural gas purchases from 4.3 million tons to 7.6 million tons...
22.12.2011
- Exxon Mobil plans to merge two of its products divisions, a sign of the times for big oil companies, which generally are sharpening their corporate focus on the growing challenges...
09.12.2011
- Big oil and gas companies say their increasing dominance of shale gas exploration will bring improved drilling practices and should end the safety lapses that have led to...
06.07.2011
- An oil leak last month from China's largest offshore oilfield was the fault of the field's operator ConocoPhillips and the U.S. firm will take the blame for the accident, the China...
