BP Beats Profit Estimates for Q3, Boost by Refining.
British oil major BP beat profit estimates for its third quarter earnings report,
Nigeria’s President Says He Will Not Appoint an Oil Minister
The President of Nigeria, Muhammadu Buhari, will not appoint a new minister of Petroleum, stated
MIDOR Chairman: Processing 50,000 b/d of Crude to Boost Local Supply
In exclusive statements made to Egypt Oil & Gas, Middle East Oil Refinery (MIDOR) chairman Dr. Mohamed Abdul Aziz asserted that his company was processing 50,000 b/d of crude to supply local markets with petroleum pr ...
Contradictory Accounts of Japan’s Race to Invest in Iran
Japan's daily Nikkei was quoted by Press TV as saying that “Japan is eager to restore amicable relations with Iran and secure stakes in resource development projects there”.
PetroRabigh Profits Strong and Steady Despite Oil Prices
Saudi Arabia's PetroRabigh on Monday said its second-quarter net profit nearly tripled as margins on some of its products improved.
Iraq Forum Debates Fixing Oil Policy Priorities
Even without the conflict, planning and delivery have been haphazard at best
Shell and Total Streamline, Regroup to Overcome Oil Prices
Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into th ...
BP Balancing Act Maintains Profits in Face of Oil Price Plunge
BP Plc, Europe’s second-biggest oil company, reported first-quarter profit that beat analysts’ estimates as earnings from refining and trading offset lower crude prices.
Dubai’s Kampac Oil to Invest Billions in Philippines Energy City
Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.