View Cart (0 items)

Oil & Gas

Global demand for pipeline materials to grow by 5.3% through 2017

A new report from research company Freedonia Group predicts that global demand for oil and gas pipeline materials will increase by 5.3% on an annual basis through 2017.
Read More

Sabic plans US petrochemical investment

Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
Read More

Iran plans to boost petrochemical production

Iran should stop exporting large amounts of raw petrochemicals and look for ways to make more profit by selling added-value products, according to the leader of the parliamentary Petrochemical Committee.
Read More

Taiwanese companies plan to invest in petrochemical complex in China

The Petrochemical Industry Association of Taiwan announced Monday that a group of eight Taiwanese companies is planning to invest in the construction of a large petrochemical complex in China.
Read More

European refineries still facing major challenges

The future of Europe's refining sector continues to look bleak, as the industry seems unable to adapt to new market conditions and struggles to remain competitive with the United States and emerging markets like the Middle East and China.
Read More

Mideast refineries shift focus in production

Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
Read More

Russia losing ground in oil, gas production to US

Russia is gradually losing its position as the world's leader in oil and gas production, as the United States has been gaining ground thanks to its energy revolution.
Read More

French court to decide if fracking ban is unconstitutional

The ban on hydraulic fracturing as a method to extract natural gas and oil in France will come under review next month in a French court. Judges will have to decide if the ban is against the constitution, as oil and gas companies have claimed.
Read More

Mexico aims to unlock its energy potential

Mexican President Enrique Peña Nieto has once again confirmed his plans for reform in the Mexican energy sector that would ensure industry growth and would attract more international investors on the market.


Read More

OPEC prepares for falling oil market share in 2014

The global oil market is "well-supplied," despite predictions that the market share of the Organization of Petroleum Exporting Countries (OPEC) is likely to slip in 2014, due to increased production from non-OPEC countries.
Read More