Keyword: Oil

News

US to End Waivers for Iran Oil Imports

24.04.2019 - In its drive to deprive Iran’s government of its main source of revenue, oil exports, the administration of US President Donald Trump has announced it will end exemptions from...

News

Ineos Creates Six O&G Businesses

17.01.2018 - After making several acquisitions in both the onshore and offshore gas sector over the past two years, Ineos has reorganized and split the operations into six new oil and gas...

News

Wintershall DEA now a Done Deal

08.12.2017 - Confirming reports circulating earlier in the day that a deal was imminent, BASF announced on Dec. 7 that it had signed a letter of intent with LetterOne (L1) to merge its oil and...

News

Rosneft and Pertamina in Petchems JV

05.12.2017 - Russian oil company Rosneft and Indonesian energy group Pertamina have formed a joint venture to build a grassroots refinery and petrochemical complex in Tuban, East Java...

News

ExxonMobil signs MoU for Petchems in China

01.12.2017 - ExxonMobil Chemical has signed a strategic cooperation framework agreement and a memorandum of understanding (MoU) with authorities in Huizhou, China, to jointly evaluate plans for...

News

BASF in Talks on Oil and Gas Merger

27.11.2017 - BASF has confirmed it is in discussions with Letter One (L1), a consortium of Russian investors based in Luxembourg and led by Russian billionaire Mikhail Fridman, about a merger...

Markets & Companies

The Middle East – More Opportunities than Risks

25.11.2017 - The Middle East chemical industry makes good money selling basic chemicals and uses local oil and gas in manufacturing. Hopes are high that the many major investments made by the...

News

Ineos buys more Offshore Gas Licenses

22.11.2017 - The increasingly acquisitive Ineos is pumping more money into the search for offshore oil and gas reserves in the North Sea. In its latest move, the Swiss-based chemical producer...