BP awarded 10% interest in Abu Dhabi’s ADCO onshore concession
BP has signed an agreement that grants the company a 10% interest in Abu Dhabi’s ADCO onshore oil concession.
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KazMunayGas (KMG) has announced it has completed the sale of its 51% stake in the largest refinery in Romania.
API President Jack Gerard has released a statement on President-elect Donald J. Trump’s nomination of US Rep. Ryan Zinke, R-Mont., to be the next Secretary of the Interior.
After several years of successful research collaboration, Chevron ETC purchased a hydrocracking catalyst testing workflow from hte for the efficient combination of key steps in R&D.
James Burgess from OilPrice.com has released a market commentary in which he predicts Mexico could be one of the countries to benefit the most since OPEC has announced its production cut.
API President and CEO Jack Gerard welcomed the nomination of former Texas Governor Rick Perry to serve as the Secretary of Energy.
API President and CEO Jack Gerard has commented on President-elect Donald J. Trump’s nomination of ExxonMobil CEO Rex Tillerson to serve as Secretary of State.
In December, the industry is witnessing the first proposed output cut by OPEC since 2008, which marks a major departure from the market share policy followed for the past two years.
EIA’s Short Term Energy Outlook projects that the average residential customer will consume 4% more electricity over December through March compared with the same period last winter.
In EIA’s December Short Term Energy Outlook, both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about US$1/bbl from November.
