Keyword: oil industry

News

Niche French Chemical Firms Ride U.S. Shale Gas Wave

05.12.2012 - France may have banned the controversial hydro-fracking extraction technology, but the shale gas revolution in the United States is proving a boon for small, specialised French...

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Ineos to Invest in the Construction of New Ethane Tank at its Rafnes Site in Norway

05.12.2012 - Ineos is to invest in the construction of a new ethane tank at its Rafnes site in Norway. The company has signed a Letter Of Intent with TGE Gas Engineering to build a new tank and...

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Non-Oil Firms Bid Aggressively in China's Shale Auction

04.12.2012 - Non-oil companies may have won most of the blocks offered in China's second shale gas auction, media and industry officials say, which may mean lucrative opportunities for service...

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Wintershall Makes Oil Discovery in Dutch North Sea

04.12.2012 - Germany's Wintershall has made what could be a major oil discovery in the Dutch North Sea, pending appraisal drilling in 2013, the company said on Tuesday. Wintershall, the...

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Rosneft Sees TNK-BP Deal with AAR in December

30.11.2012 - Rosneft, Russia's biggest oil company, should sign a binding agreement next month to buy half of oil company TNK-BP from the AAR consortium of Soviet-born tycoons for $28 billion....

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Brightoil Petroleum Eyes Upstream Gas Assets

29.11.2012 - Hong Kong-listed Brightoil Petroleum Holdings is keen to buy more upstream gas assets to secure long-term growth and aims to sell more crude and chemicals to China, the world's...

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ProSim to Optimize Total Normandy Refinery

29.11.2012 - In order to comply with the new consumption standards, Total is committed to improving its French refineries' efficiency and competitiveness. In this context, the Normandy refinery...

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ConocoPhillips to Sell Kazakh Stake for $5 Billion to ONGC

26.11.2012 - ConocoPhillips is to sell its 8.4% stake in Kazakh oil field Kashagan for about $5 billion to Oil and Natural Gas Corp, a state-run Indian group looking to boost production...