LAUNCESTON, Australia, Feb 4 (Reuters) - - The new entrants to China's crude market will not only boost the amount of oil imported, but are also likely to affect the supply sources and method of delivery.
CALGARY, Alberta, Feb 3 (Reuters) - Suncor Energy Inc , Canada's largest oil and gas company, reported a fourth-quarter operating loss and cut 2016 capital spending plans on Wednesday because of the collapse in global crude prices.
Biosynthetic Technologies has received approval from the US Department of Agriculture (USDA) on its Phase One application for a loan guarantee under the USDA’s Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (the 9003 Program).
AVEVA announced that Fabricom Offshore Services, a leading provider of engineering, procurement, construction and project management services to the Oil & Gas Industry, is using AVEVA software for the brownfield modification of GDF Suez’s Cygnus Platform in 2016.
MELBOURNE, Feb 4 (Reuters) - Australia's South32 Ltd said on Thursday it will write down its assets by $1.7 billion, axe hundreds of jobs, and cut global manganese supply by about a quarter as it battles what it sees as a prolonged slump in commodity prices.<
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