As N Korean tanker escapes east Libyan port, PM flees the country.
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ExxonMobil to add production at 10 major projects
Oil major expects to add 300,000 boepd produxction in 2014
Posted inProducts & Services
Opec: Global demand growing faster than expected
Opec’s predicts that demand will increase 1.14 mbpd in 2014.
Posted inProducts & Services
$800m cash injection for Apache
Apache joins a recent slew of IOCs who are selling off assets.
Posted inNews
Japanese export spike may pressurise Asian markets
JX increase product exports by 17%.
Posted inProducts & Services
KSA leads the way as OPEC production recovers
Saudi production levels creep up to 9.486 mbpd.
Posted inProducts & Services
Chevron trims production forecast for 2017
Capital spending remains constant despite production target slump.
Posted inNews
Libya authorises special forces to take back ports
Libyan PM will send soldiers and allied militia to reclaim ports.
Posted inNews
Petrixo to build bio-fuel refinery in Fujairah
Dubai-based oil & gas company to spend over $800 mln on new refinery
Posted inNews
Central Europe looks to US to diversify gas supply
Central European nations are keen to reduce dependency on Russia.