Keyword: oil and gas

News

Rising Output, Energy Efficiency to Halve U.S. Oil Imports By 2020

16.10.2013 - Rising oil and gas production and improving energy efficiency in the United States could slash its oil imports in half by the end of 2020 from levels seen two years ago, the West's...

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Hyundai Heavy Industries wins $850 Million order from Petronas

11.10.2013 - Hyundai Heavy Industries said on Friday it had won a $850 million order to build four liquefied natural gas (LNG) carriers from Malaysia's Petroliam Nasional Bhd (Petronas). The...

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Grangemouth UK Refinery Dispute Escalates, Union Plan Rejected

11.10.2013 - A dispute between workers and management at the UK Grangemouth refinery and chemical plant worsened on Thursday as owner Ineos rejected union counter-proposals to a cost-cutting...

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First Oil-Dispersing Jet Aircraft to Launch in December

11.10.2013 - Oil Spill Response, a venture funded by the world's top oil firms, plans to launch two jet aircraft later this year that can be deployed rapidly to tackle spills in most parts of...

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Chevron Warns On 3rd Quarter Due To Refining Earnings Drop

10.10.2013 - Chevron, the second-largest U.S. oil company, warned on Wednesday that third-quarter earnings would be lower than in the second quarter due to "significantly lower" earnings from...

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UK Refinery Dispute Deepens As Ineos Snubs Conciliation Offer

10.10.2013 - The Swiss-based oil refiner Ineos refused on Tuesday to go to independent arbitration in a dispute with workers at its Grangemouth refinery and petrochemical plant in Scotland...

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Kazakh Giant Kashagan Oilfield Resumes Output After Accident

08.10.2013 - A consortium developing Kazakhstan's giant Kashagan oilfield has resumed production after an industrial accident halted work last month, the Kazakh Oil and Gas Ministry and the...

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Ineos Writes Down Value of UK Grangemouth Petchem Plant to Zero

07.10.2013 - Oil refiner Ineos has written down the value of its Grangemouth, UK petrochemical plant to zero, it said, further raising the stakes in a complex dispute with workers at the...