A flagship refinery of PTT Plc, Thaioil has evolved since its foundation in 1961: from a petroleum refinery producing a modest 35,000 barrels a day, into Thailand’s largest oil player, with current capacity standing at 275,000 barrels a day. Despite...

Nothing excites the oil and gas industry quite like a major Russian-American collaboration: something clearly exemplified by the ExxonMobil Rosneft partnership, a deal that will deliver significant benefits to both parties. Rosneft and Russia gain access ...

Prime Minister Julia Gillard described the legislation passed by Australia’s Senate as “historic,” after years campaigning for what is hoped will create a new platform for companies to trade carbon credits and cut pollution. “This is a win for tho...

Turmoil in Athens threatens plans to bring central Asian gas into Europe through Greece and will slow efforts to reform the country's energy sector.Two out of three international consortia – TAP and ITGI – that are competing to build the infrastructur...

Petroamazonas EP (PAM EP) is an Ecuadorian national oil exploration and production company. It started its operations in 2007 in Block 15 of the Ecuadorian Oriente Basin, producing an average of 88,173 barrels of oil per day (bopd), and reflected a market...

After almost four years of consolidation, Pacific Rubiales Energy has become the first independently owned company in Colombia with a total production of more than 240,000 barrels of oil equivalent – more than 25 percent of the country’s total output....

The Iraqi government late on Sunday finalised a $17.2bn deal with Japan’s Mitsubishi and Royal Dutch Shell to capture and process gas from the country’s southern oil fields.The 25-year joint venture will create Basra Gas Company, which will pr...

OPEC member, Qatar, has announced a deal with Mexico to hedge on oil prices in the upcoming year. The contract involves the use of an insurance policy that will make it possible to cover losses that would occur if oil prices were to fall below an agreed l...

Recently, a lot of attention has been given to Angola in terms of the nation’s production of oil. Until now, the country has been able to employ a number of strategies without being direct in the glare of the world’s attention and position its...

Developing sources of renewable energy is a major challenge many parts of the world. With both companies and consumers looking for new and innovative ways of reducing their dependency on fossil fuels and more traditional energy sources, it is no wonder th...