The rumored rival bid from ExxonMobil Corp. to Oil Search Ltd.’s takeover offer for fellow Papua New Guinea player InterOil Corp. has been confirmed. Source: News
ExxonMobil submits rival bid for InterOil
The rumored rival bid from ExxonMobil Corp. to Oil Search Ltd.’s takeover offer for fellow Papua New Guinea player InterOil Corp. has been confirmed. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices rise on China statistics
The US light, sweet crude oil price for the August contract settled at just under $46/bbl on the New York market July 15, rising modestly on better-than-expected Chinese economic statistics, which boosted expectations for China’s oil demand. But a rising US rig count helped cap the gains for July 15 oil prices. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices rise on China statistics
The US light, sweet crude oil price for the August contract settled at just under $46/bbl on the New York market July 15, rising modestly on better-than-expected Chinese economic statistics, which boosted expectations for China’s oil demand. But a rising US rig count helped cap the gains for July 15 oil prices. Source: News
Petro Rabigh’s refinery due new units
Rabigh Refining & Petrochemical Co. (Petro Rabigh), a joint venture of Saudi Aramco and Sumitomo Chemical Co., has let a contract to KT-Kinetics Technology SPA, a unit of Maire Tecnimont SPA, to complete a clean fuels project at Petro Rabigh’s 400,000-b/d refinery and chemicals complex in the port city of Rabigh on the Red Sea. […]
Petro Rabigh’s refinery due new units
Rabigh Refining & Petrochemical Co. (Petro Rabigh), a joint venture of Saudi Aramco and Sumitomo Chemical Co., has let a contract to KT-Kinetics Technology SPA, a unit of Maire Tecnimont SPA, to complete a clean fuels project at Petro Rabigh’s 400,000-b/d refinery and chemicals complex in the port city of Rabigh on the Red Sea. […]
McKinsey: Cars, petrochemicals headed for oil-market ‘tug of war’
Demand for liquid hydrocarbons will become a "tug of war between growth in the petrochemical sector and declining demand from passenger cars," predict analysts at McKinsey & Co. in a report suggesting oil demand might peak in 2030. Source: News
McKinsey: Cars, petrochemicals headed for oil-market ‘tug of war’
Demand for liquid hydrocarbons will become a "tug of war between growth in the petrochemical sector and declining demand from passenger cars," predict analysts at McKinsey & Co. in a report suggesting oil demand might peak in 2030. Source: News
Redefining ‘normal’
Relief from crude oil prices below $30/bbl is welcome-but not the beginning of a return to normalcy. Events surrounding the crash from which prices now struggle to recover are redefining "normal" for the oil and gas industry. Source: News
Redefining ‘normal’
Relief from crude oil prices below $30/bbl is welcome-but not the beginning of a return to normalcy. Events surrounding the crash from which prices now struggle to recover are redefining "normal" for the oil and gas industry. Source: News