Thursday, March 30, 2017

Dongming Petrochemical signs a deal with privately run CEFC China Energy, and a local port authority, to build a crude oil terminal in Shandong province. Source link

Business conditions in Norway's western oil-producing regions rose sharply in 1Q, hitting a 3-year high as demand for goods and services improved. Source link

China's Sinopec group will invest $29.05 billion to upgrade 4 refining bases between 2016 and 2020 to produce higher-quality fuels, the company says. Source link

Wood Group completes a 7 month front end engineering design (FEED) development for Noble Energy's leviathan field development project in the Eastern Mediterranean Sea. Source link

Oilfield services company Subsea 7 S.A. secures a 'sizeable' contract with Cooper Energy Ltd for the Sole Development Project, offshore Australia. Source link

Indonesia's state oil company Pertamina looks to find a partner to take a majority stake in a proposed refinery to cost more than $10 billion in Bontang, East Kalimantan. Source link

Malaysia's Prime Minister Najib Razak announces that Saudi Arabia's state oil company Saudi Aramco will invest $7 billion into an oil refinery project in Malaysia's Johor. Source link

Petronas and Saudi Aramco will sign an agreement during a visit by Saudi Arabia's King Salman to Malaysia, Prime Minister Najib Razak says. Source link

Chesapeake posts a smaller fourth-quarter loss than a year earlier, when it took huge charges to write down the value of some oil and gas assets. Source link

Repsol says it would keep its dividend and investment spending stable in 2017 and pursue cost cuts to reduce debt by a further 16% this year. Source link
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