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Vietnam to intensify oil, gas and mining to meet growth target

HANOI, June 2 (Xinhua) -- Vietnam will further tap oil, gas, coal and other minerals to help realize its economic growth of 6.7 percent set for this year, the countrys Ministry of Industry and Trade said on Friday. The ministry has been ins......【More】

2017-06-05

Iran's non-oil GDP rises by 6.3 pct in strong rebound

TEHRAN, May 31 (Xinhua) -- Irans non-oil gross domestic product (GDP) has shown 6.3 percent growth during the past Iranian calendar year (March 2016-March 2017), the Statistical Center of Iran said, according to Tehran Times daily report on......【More】

2017-06-01

China receives first oil from Myanmar pipeline

A staff member inspects China-Myanmar crude oil pipeline in Ruili, southwest Chinas Yunnan Province, May 19, 2017. The first crude oil from Myanmar has reached China via the China-Myanmar crude oil pipeline, China National Petroleum Corpora......【More】

2017-05-31

Saudis take aim at swollen U.S. oil stockpiles in strategy shift

LONDON and KUWAIT (Bloomberg) --After sparing its prized U.S. market from oil-output cuts, Saudi Arabia plans tomarkedly reduce exports to its political ally in the coming weeks in an effort to reduce swollen and highly visible crude invent......【More】

2017-05-27

Nigerian Senate passes delayed oil industry governance bill

ABUJA (Bloomberg) --Nigerian senators passed a bill to reform the countrys oil and gas industry almost a decade after it was first proposed to lawmakers, Senate President Bukola Saraki said. This is a bill that has been delayed for many yea......【More】

2017-05-26

Malaysian plantation minister expects more palm oil export to China

PUTRAJAYA, Malaysia, May 17 (Xinhua) -- Malaysias Plantation and Commodities Minister Mah Siew Keong said on Wednesday that he expects palm oil export to China to further increase this year. Malaysias palm oil export to China from January t......【More】

2017-05-25

China receives first oil from Myanmar pipeline

BEIJING, May 19 (Xinhua) -- The first crude oil from Myanmar has reached China via the China-Myanmar crude oil pipeline, China National Petroleum Corporation (CNPC) announced on Friday. The oil reached Ruili, a city of Yunnan Province borde......【More】

2017-05-24

GEST issues statement on appointment of Scott Angelle to director of BSEE

THIBODAUX, Louisiana -- Lori LeBlanc, executive director of the Gulf Economic Survival Team, issued the following statement today on the appointment of Louisiana Public Service Commissioner and former Louisiana Department of Natural Resourc......【More】

2017-05-23

OPEC keeps focus on shale threat as officials meet in Vienna

KUWAIT and LONDON (Bloomberg) --OPEC officials gathering in Vienna on Friday to prepare for next weeks ministerial meeting kept their focus on rising U.S. shale oil production, which has been diluting the price impact of their production cu......【More】

2017-05-22

Petrobras starts production on platform P-66 in Santos Basin's pre-salt Lula Field

RIO DE JANEIRO -- Petrobras and its partners in the BM-S-11 Consortium have started producing oil and natural gas from the Santos Basins pre-salt Lula Sul field. Platform P-66, the first FPSO owned by the consortium and the seventh facility......【More】

2017-05-20