BP has announced the sale of its global petrochemicals business to INEOS for $5 billion as part of BP’s...

Eni and NextChem, the Maire Tecnimont Group’s subsidiary for green chemistry, will develop a new circular gas production in...

Russian state-run Gazprom has started construction for an ice-resistant platform (ICP), which will be used for the development of...

Pars Special Economic Energy Zone (PSEEZ) exported a total of 4.4 million tonnes of oil products from March to...

Transglobe’s oil production rates in Egypt recorded 12,506 barrels of per day (bbl/d) in June (until June 19) compared...

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience....

The American development company Hilco Redevelopment Partners (HRP) has completed a $225.5 million deal with Philadelphia Energy Solutions (PES)...

PetroChina Changqing Oilfield Company, a subsidiary of PetroChina, is expected to produce 63 million tonnes of oil equivalent of...

The Petroleum Safety Authority (PSA) Norway has granted Spanish oil company Repsol’s subsidiary, Repsol Norge, a production license extension...

Total has announced a ramp-up in production following the launch of the Floating Production Storage and Offloading (FPSO) P-70...