China opens crude pipeline through Myanmar
12 April, 2017
A crude oil pipeline to south-west China through Myanmar is now operational after years of delays, allowing faster imports of oil from the Middle East and Africa.
Proserv wins multi-million dollar Premier Oil contract
08 March, 2017
Aberdeen-based oil services and technology company Proserv has been awarded a multi-million dollar contract by Premier Oil for the BIGP development project offshore Indonesia.
China’s Sinopec to invest US$29bn in refinery upgrades
03 March, 2017
Sinopec Group has announced that it will spend US$29bn on upgrading four refineries by 2020.
Saudi Aramco to invest US$7bn in Malaysia’s RAPID project
28 February, 2017
Saudi Arabia’s state oil company Saudi Aramco will invest US$7bn in an oil refinery and petrochemicals project in Malaysia.
PETRONAS assesses US$1bn offshore gas sale
20 February, 2017
Malaysian state-owned oil and gas firm PETRONAS is reported to be considering selling a US$1bn stake in the SK316 offshore gas block in Malaysia’s Sarawak state.
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