OMV, the Austrian oil and gas company, has reached an agreement to divest its 50% ownership in SapuraOMV, headquartered in Malaysia, to the French en... Read More

SIBUR has officially entered into a memorandum of intent for a strategic and long-term collaboration with Peterpipe CJSC, a prominent pipe producer. ... Read More

In a recent decree issued by the trade ministry, Indonesia has established its palm oil reference price at $806.40 per metric ton for the period of F... Read More

Shell, Equinor, bp, Total, and NEO are among the 17 companies awarded a total of 24 licenses in the second tranche of the 33rd oil and gas licensing ... Read More