Keyword: oil and gas

News

Germany Could Stop RWE-DEA sale to Russia Tycoon

17.06.2014 - Germany's Economy Ministry is investigating whether to block the sale of RWE's oil and gas unit DEA to a group of investors led by Russian tycoon Mikhail Fridman, according to a...

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Sabic Now Largest Owner of Intellectual Property in Middle East

16.06.2014 - Saudi Arabian petrochemical giant Sabic is now the largest owner of intellectual property in the Middle East with more than 10,000 patents either issued or pending approval. This...

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Germany Plans New Fracking Regulations

10.06.2014 - Germany plans to draw up new regulations for hydraulic fracturing, or fracking, before the parliamentary summer recess in August. While the regulations will allow fracking in some...

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Eastman Completes BP Turbine Oil Acquisition

09.06.2014 - Eastman has completed the acquisition of BP's global aviation turbine oil business for an undisclosed sum. The new activities will be integrated into the US chemical group's Fluids...

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UK Plans to Move Goal Posts for Shale Drilling

09.06.2014 - The UK government plans to ease the rules for exploration companies drilling for shale oil and gas as well as sweetening the pill for communities affected by the drilling. At the...

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Reliance Turns to African Crude Amid Shale Boom

02.06.2014 - India's Reliance Industries is boosting crude imports from Africa and cutting its dependence on the Middle East as the owner of the world's biggest refining complex seeks to...

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Koch Industries Rides US Shale Boom with PetroLogistics

29.05.2014 - Refining, chemicals and biofuels company Flint Hills Resources, a subsidiary of Wichita, Kansas-based Koch Industries, will take PetroLogistics LP private in a deal worth $2.1...

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Technip Awarded New LNG Contract in China

27.05.2014 - French engineering contractor Technip has been tapped to provide engineering, procurement and technical assistance for a liquefied natural gas (LNG) plant being built by Fengzhen...