13.11.2012
- Anglo-Russian oil company TNK-BP is set to sign a deal to supply Russian power producer TGK-5 with gas worth as much as $6 billion over 18 years, TGK-5 said on Tuesday, in the...
13.11.2012
- British oil company BP took a further step towards closer ties with Russian state oil company Rosneft on Tuesday as the partners in its existing venture in the oil-rich country...
13.11.2012
- Asia's largest refiner, China's Sinopec, will boost refining capacity at its Yangzi Petrochemical unit by more than half to 250,000 barrels per day (bpd) in mid-2014, and may...
13.11.2012
- Saudi Basic Industries Corporation (SABIC) and Shell announced today that they are progressing plans for the expansion of various projects at the Saudi Petrochemical Company (Sadaf...
08.11.2012
- OPEC acknowledged for the first time on Thursday that technology for extracting oil and gas from shale is changing the global supply picture significantly, and said demand for...
08.11.2012
- Spanish oil firm Repsol beat third-quarter profit forecasts on Thursday as higher output more than offset the loss of its YPF business in Argentina, which was seized by the...
07.11.2012
- Azerbaijan's $33-billion state oil fund is to help finance the $8 billion Trans-Anatolian natural gas pipeline project (TANAP) to take Azeri gas to Turkey and to markets in Europe...
06.11.2012
- Dubai-based NetOil, led by Middle Eastern businessman Roger Tamraz, has submitted a new offer to take over France's oldest refinery, unveiling a last minute deal with British oil...
