Monthly Archives: February 2014

Exxon Starts Production at New Malaysia Gas Field

By James Burgess | Tue, 18 February 2014 22:28 ExxonMobil’s subsidiary in Malaysia has begun natural gas production at the offshore Damar field, preparing Malaysia to boost its current status as the world’s third-largest exporter of liquefied natural gas (LNG). ExxonMobil Exploration … Continue reading

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Penang’s See Kok Yew new president of ExxonMobil Exploration and Production Malaysia

Updated: Sunday February 16, 2014 MYT 5:18:01 PM KUALA LUMPUR: See Kok Yew has been appointed president of ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) and chairman of the ExxonMobil subsidiaries in Malaysia with effect from Saturday The oil company said on … Continue reading

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Vitol buys Shell’s Australian downstream assets for $2.6bn

Last updated: February 21, 2014 1:26 am By Jamie Smyth in Sydney and Emiko Terazono in London Vitol, the world’s largest independent oil trader, has closed its largest acquisition, spending A$2.9bn ($2.6bn) to buy an oil refinery and a large petrol … Continue reading

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Petronas reaches FID for its second FLNG

Published: 2014/02/13 [Business Times] Petroliam Nasional Bhd (Petronas) has reached the final investment decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, offshore Sabah, and scheduled for start-up by early 2018. In a statement today, Petronas said … Continue reading

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BP drops China refinery plan as fuel demand growth slows

Thu, Jan 30 2014 By Chen Aizhu and Judy Hua BEIJING (Reuters) – BP is dropping plans to invest in a refinery in China, three sources with direct knowledge said, the fourth refining project in recent months to fall foul … Continue reading

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Chevron Indonesia to increase investment to US$12 billion

Fri, January 10 2014 08:08 Jakarta (ANTARA News) – Chevron Indonesia has made a commitment to increase its investment by US$12 billion in a deep sea gas field development project in the Makassar Strait, Chief Economic Minister Hatta Rajasa stated … Continue reading

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Mubadala Petroleum awards EPCIC contract for Nong Yao development

Tuesday, January 14 – 2014 @ 12:41 Mubadala Petroleum announces that the platform Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) contract for the Nong Yao oil field development in Block G11/48 in the Gulf of Thailand has been awarded to … Continue reading

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