24.03.2014
- After reporting a 35% earnings decline for the 2013 fourth quarter, Chinese oil and petrochemicals giant Sinopec said it would cut capital spending to just under $26.2 billion in...
24.03.2014
- Germany's Green Party has joined the conservative Christian Democrat parties in calling on the federal government to critically examine plans by utility group RWE to sell its oil...
19.03.2014
- The new chief executive of Anglo-Dutch oil and petrochemicals giant Shell, Ben Van Beurden, has announced a "fix or divest" strategy to improve earnings. Plans include reduction of...
17.03.2014
- LetterOne, a consortium of Russian investors based in Luxembourg, has received the nod to acquire oil and gas exploration company RWE DEA from German energy group RWE, subject to...
14.03.2014
- French industrial gases producer Air Liquide has started up a new nitrogen gases plant at Tioga, North Dakota, in the U.S. The new facility will increase supply to drilling...
13.03.2014
- In a plenary session the European Parliament has voted to impose tougher rules governing the environmental impact of oil and conventional gas exploration, while at the same time...
12.03.2014
- Evidently having developed a taste for speaking out on controversial topics, once elusive Ineos chairman Jim Ratcliffe has surprised a British public by commenting on the...
11.03.2014
- Shell today announced that its Moerdijk petrochemical complex has clocked 40 years of production. Centrally located between the major ports of Rotterdam in the Netherlands and...