The World Bank group has announced that it will cease to finance new upstream oil and gas exploration projects after 2019
World Bank to stop funding oil and gas projects from 2019
Exploration & Production
CB&I receives EPC award for SASREF’s refinery in Al-Jubail
Saudi Aramco Shell Refinery (SASREF) has awarded a contract worth US$95mn to CB&I to provide engineering, procurement and construction management for SASREFs existing refinery in Al-Jubail city in Saudi Arabia
Oil prices rise nearly two per cent on China demand
Oil prices rose almost two per cent on Friday, as Chinese crude demand rises, according to a Reuters report
Saudi Aramco’s Jazan refinery project to be completed by mid-2018
Amin Nasser, president and CEO of Saudi Aramco, has visited the company’s Jazan refinery to receive progress updates at the Jazan Economic City (JEC) and refinery and terminal mega-projects in Saudi Arabia
Emerson completes acquisition of Paradigm
Emerson has acquired Paradigm, a global provider of software solutions to the oil and gas industry, aiming to create a comprehensive exploration and production (E&P) software portfolio offering
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