Keyword: Oil

News

EPA Delays Methane Emissions Legislation

20.06.2017 - The US Environmental Protection Agency (EPA) has proposed a two-year delay on implementing an Obama era rule, due to have taken effect on Jun. 3, that would require oil and gas...

News

Evonik/DSM JV Sites Fatty Acids Plant in US

19.06.2017 - Veramaris, the proposed joint venture between Evonik Nutrition & Care and DSM Nutritional Products, has chosen to locate its proposed commercial-scale plant for omega-3 fatty acids...

News

Adnoc and OMV Explore Joint Opportunities

29.05.2017 - Abu Dhabi National Oil Company (ADNOC) and Austrian oil and gas group OMV have signed a Memorandum of Understanding (MoU) to explore potential opportunities to work together in...

News

Saudi Aramco Completes Buy of Shell’s Port Arthur Refinery Stake

10.05.2017 - Saudi Aramco has now taken full control of the Port Arthur refinery in Texas, which it up to now has operated as a 50:50 joint venture, Motiva Enterprises, with the Shell group...

News

Russia and Exxon Seek to Resolve Tax Dispute

05.05.2017 - A Stockholm, Sweden, arbitration court has postponed a hearing in a tax dispute between the Russian finance ministry and US oil and petrochemials ExxonMobil while the disputing...

News

Aramco Focused on Up- and Downstream

25.04.2017 - Consistent with the Kingdom’s Saudi Vision 2030 strategy, Saudi Aramco President and CEO Amin Nasser, speaking at a recent global energy summit in New York, said the group will...

News

US Won’t Override Sanctions for ExxonMobil

24.04.2017 - The US government will not allow ExxonMobil to bypass US sanctions against Russia to resume drilling for oil in a joint venture with Moscow-based Russian oil group Rosneft. The oil...

News

BP Chief Faced 40% Pay Cut in 2016

11.04.2017 - Oil and petrochemicals giant BP has revealed that it cut the annual salary of CEO Bob Dudley by 40% in 2016, from $19 million to $11.6 million, and reduced the maximum amount the...