India’s efforts to sell a $1.6 billion stake in Oil & Natural Gas Corp. has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share price, according to people with knowledge of the situation.
Energy services giant TechnipFMC has won a contract worth between £388million and £777m in Vietnam.
Energy service giant Wood has clinched a new six-year contract for Shell's Malampaya project in the Philippines.
Aker Solutions has won contracts valued at more than £32 million to deliver power umbilical systems to Cnooc's Liuhua oil fields off Hong Kong.
China’s dash for world leadership in clean energy technologies has been one of the most significant developments in the global energy scene over the past few years and its implications are insufficiently recognised.
They were once the toast of the oil town, courted by everyone from OPEC producer Saudi Arabia to energy giant BP Plc and top independent trader Vitol Group. Not so much anymore.
Reliance Industries is back in the $100 billion club, a journey that has taken more than a decade.
Wood has won a contract worth at least £2 million to provide Hyundai Engineering with engineering services and material supply for a steam methane reformer.
BP has awarded Fife-based contractor Briggs Marine a three-year contract worth more than £3 million ($4m).
Shell said today that two of its affiliates had sold their stake in a field off Thailand for $750 million.
Shell said today that it had completed the sale of its 15% shareholding in Malaysia LNG Tiga (MLNG Tiga) for $750 million.
Aberdeen consultancy Xodus Group has been nominated as a subcontractor for an LNG project in Indonesia.
Mongolian oil explorer Petro Matad has raised £13.7 million through the placing of 136m shares.
CNOOC has handed a subsea engineering contract for a project in the South China Sea to TechnipFMC.
Energy giant Equinor has signed an agreement with Azerbaijan’s state oil company SOCAR to develop the Karabakh oilfield in the Caspian Sea.
India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a year, in a setback to its ambitions of having electric vehicles comprise about a third of its fleet by 2030.
McDermott International has inked a deal to provide transport and installation services for two gas and condensate field developments off Vietnam.
UK oil field service giant Petrofac will supply staff for a gas field project in the South China Sea as part of a three-year deal with Husky Energy's Chinese subsidiary.
Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.
Rotech Subsea said yesterday a recent project in Asia had led to so many inquiries that it had set up a new subsidiary and opened an office in Kuala Lumpur (KL), Malaysia, to meet demand.
This aerial photo shows ruins of houses around a burning oil well that exploded after it caught fire early Wednesday, in Pasir Putih, easter Aceh, Indonesia, Thursday, April 26, 2018. The newly drilled, unregulated oil well in western Indonesia exploded into flames on Wednesday, burning to death a number of people and injuring dozens of others.
Chinese shale gas production will almost double between now and 2020, energy consultancy Wood Mackenzie (Woodmac) has predicted.
India is set to grant Saudi Aramco a 50% stake in a 1.2million barrel-per-day refinery on its west coast, according to a news report.
Cosasco will supply Oil and Natural Gas Corporation (ONGC) with corrosion monitoring systems after clinching a $380,000 contract with the Indian firm.
The head of China’s largest natural gas importer believes the country’s energy ties with the U.S. are set to deepen, despite trade conflict between the world’s two largest economies that has roiled financial markets.