13.07.2012
- PetroChina will bring a new 800,000-ton-per-year (tpy) ethylene unit on stream at its Fushun refinery in October, bringing total ethylene capacity at the refinery to 1.0 million...
12.07.2012
- World oil demand growth will slow in 2013 from the already weak 2012, OPEC said on Wednesday, citing Europe's debt worries, a faltering U.S economic recovery and deceleration of...
09.07.2012
- Saudi Arabia maintained crude oil shipments to the United States in June near their highest level since 2008, data showed, despite a serious glitch that has crippled its newly...
06.07.2012
- BP has been excluded from the pre-qualification bidding process to develop Abu Dhabi's largest onshore oil fields, the concession for which is set to expire in 2014, according to a...
27.06.2012
- Nigerian President Goodluck Jonathan is replacing the managing director of state oil company Nigerian National Petroleum Corp (NNPC) and three other senior directors on Tuesday, a...
26.06.2012
- South Korean group GS Engineering & Construction and Italy's Saipem have won deals to expand a petrochemical complex in Saudi Arabia for oil giant Saudi Aramco and Japan's Sumitomo...
21.06.2012
- Saudi Arabia's unexpected surge in oil exports to the United States this year has fallen into question following a deepening crisis this month at the kingdom's jointly owned and...
19.06.2012
- Iraq's autonomous Kurdistan expects more oil majors to follow Exxon Mobil in the next few months in striking deals in the region, where oil shipments will resume, its natural...