Maersk Oil Qatar will resume production in its fire-hit platform in Al-Shaheen oil field in the next 24 hours, company officials said on Wednesday.
Jordan was forced to switch to alternative fuels after an explosion in Sinai halted Egyptian natural-gas supplies at a cost to the kingdom of 3 million dinars ($4.2 million) a day, Jordanian Energy Mi
Opec's reference crude oil basket price fell to $118.96 a barrel on Tuesday from $119.38 the previous session, OPEC said on Wednesday.
Saudi Basic Industries Corp, the world's largest chemicals producer, said it will launch a joint venture firm with Japana's Asahi Kasei Chemicals and Mitsubishi Corp.
Reliance Industries Ltd, owner of the world’s largest refining complex, will start a vacuum gasoil unit at its facility in western India this week, said two people with knowledge of the plan.
TransCanada Corp said on Tuesday it will sell interests in two major US gas pipelines to its affiliated partnership for $605 million to help fund its capital spending.
Saudi Arabia’s Shoaibi Group formed a joint venture with Strata Energy Services Inc of Canada to provide drilling services in the kingdom, Shoaibi said.
China Petroleum and Chemical Corporation has discovered a potential natural gas field in Sichuan’s Yuanba, the company said in an e-mailed statement today.
Russian President Dmitry Medvedev, speaking at the site of the Chernobyl nuclear disaster in Ukraine, said on Tuesday that he wanted new world rules covering safety at nuclear plants.
Qatari liquefied natural gas (LNG) tanker Al Gattara is to arrive at Belgium's Zeebrugge LNG terminal on May 9, and a bigger Qatari vessel is likely to arrive in the UK a few days earlier, according t
