APN News

  • Wed Apr 25 2018 00:54:37 GMT+0200 (CEST)
  • Read latest updates about "Oil & Natural Gas"

    Eaton Expands Oil

    Bangalore: Power management company Eaton today hosted an Oil & Gas Technology Day at The Leela Ambience Hotel, Gurgaon to showcase its expanded range of electrical, hydraulics and filtration solutions for the Oil & Gas segment. The showcase also included products from the former Cooper ...

    Diezani Alison-Madueke’s Petroleum Industry Bill Offers Hope for Nigeria’s Oil and Gas Industry

    Diezani Alison-Madueke’s Petroleum Industry Bill Offers Hope for Nigeria’s Oil and Gas Industry

    LAGOS, Nigeria: The Petroleum Industry Bill aims to resolve some of the many issues that have affected Africa’s largest oil producer and pave the way for future growth and investment. Growth in Africa’s oil and gas industry has been accelerating in recent years. The continent’s ...

    Oil up in Asian trade ahead of ECB meeting

    Oil up in Asian trade ahead of ECB meeting

    Oil was up in Asian trade on Thursday as investors awaited the results of a European Central Bank (ECB) meeting and the release oftrade data from China. New York's main contract, light sweet crude for delivery in March gained 15 cents to USD 96.77 a barrel and Brent North Sea crude for March ...

    Oil higher in Asia ahead of key eurozone summit

    Oil higher in Asia ahead of key eurozone summit

    Oil rose in Asia on Friday as investors look to upcoming summits aimed at resolving Europe’s debt crisis, while analysts said the death of Libya’s Muammar Gaddafi would have limited impact on prices.New York’s main contract, light sweet crude crude for December delivery, was up ...

    Asia oil trades mixed

    Asia oil trades mixed

    Crude oil prices were mixed in Asia today. New York’s main contract, light sweet crude was up 18 cents to 85.59 dollar per barrel. Brent North Sea crude dipped 14 cents to 108.81 dollar.

    Oil prices fall in Asia

    Oil prices fell sharply in Asian trade today, with investors still worried over the debt crisis in the eurozone and the weak US economy. New York’s main contract, light sweet crude was down 1.18 dollar to 86.78 dollar a barrel in morning trade. Brent North Sea crude slipped 95 cents to ...

    Oil prices lower in Asian trade

    Oil prices lower in Asian trade

    Oil prices turned lower in Asian trade on Friday ahead of the release of a key US economic report traders were watching for signs on the health of the world’s biggest oil consumer.Analysts said investors were also monitoring a storm gathering in the Gulf of Mexico that threatens to disrupt ...

    Venezuela crude reserves surpass Saudi in 2010, says OPEC

    Venezuela crude reserves surpass Saudi in 2010, says OPEC

    Venezuela's proven crude oil reserves surpassed those of Saudi Arabia last year, the Organisation of Petroleum Exporting Countries (OPEC) has said, confirming the South American nation's claims. OPEC said in its annual statistical bulletin that Venezuela's proven crude oil reserves reached 296.5 ...

    Honeywell Provides Integrated Automation Solutions To Korea Gas Corporation's Terminals

    Honeywell Provides Integrated Automation Solutions To Korea Gas Corporation

    Pune: �Honeywell �today announced that it has been selected by government-owned Korea Gas Corporation (KOGAS) to provide comprehensive automation solutions for its liquefied natural gas (LNG) terminals. The Honeywell solutions will ensure the seamless and efficient performance of the facilities. ...

    Govt approves 54 pc rise in cost of crude oil storage

    Govt approves 54 pc rise in cost of crude oil storage

    The government has approved over 54 per cent increase in cost of the nation's first strategic crude oil storage being built as insurance against supply disruptions. India, which is 75 per cent import dependent to meet its crude oil needs, is building under-ground storages at Visakhapatnam in ...

    Oil up in Asia as investors seize cheaper crude

    Oil up in Asia as investors seize cheaper crude

    Oil was up in Asian trade on Thursday as traders engaged in bargain-hunting after crude prices slid below USD 95 per barrel in overnight trade, analysts said.New York’s main contract, West Texas Intermediate (WTI) light sweet crude for July delivery, rose 48 cents to USD 95.29 a barrel.Brent ...

    RIL sale of 30�take in oil

    RIL sale of 30�take in oil

    Clearing the last hurdle, the Home Ministry has given unconditional approval for UK’s BP to buy a 30 per cent stake in Reliance Industries’ oil and gas blocks, including the showcase KG-D6 gas fields, for USD 7.2 billion.The Ministry of Home Affairs wrote a one-page letter to the ...

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