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Chevron Starts Natural Gas Production From Two New Wells In Bangladesh
Chevron has started producing gas from two new wells in the Bangladeshi state of Sylhet, aimed at easing the country's chronic energy shortages.
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Malaysian Banks Brace For Profit Hits As O&G Firms Restructure Debt
Malaysian lenders are bracing for a hit to profits this year as they bump up provisions for sour loans to the local oil and gas services sector that has been battered by the slump in energy prices and cutbacks in projects.
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Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical deal
The U.S. Gulf Coast II Petrochemical Project will include a 2,000 kilotons per year (KTA) ethylene cracker and two 1,000 KTA polyethylene units.
By : Reuters l Reporting by Timothy Gardner l Editing by Steve Orlofsky | July 12, 2019
Oil Jumps on Pre-holiday Buying, Brent Up 4% on Week
Oil prices surged on Friday, and Brent crude posted its largest weekly gain since mid May, as investors positioned for the start of third quarter trading while a weaker dollar boosted prices of most commodities.
By : Reuters, Barani Krishnan | July 06, 2016