Latest Stories

Petronas permits THHE to bid for some service contracts

20 January 2020

Malaysia’s state-owned Petronas has allowed locally owned service provider TH Heavy Engineering (THHE) to resume bidding for some contracts following a nearly four-year ban on participation.

IOC seeks BPCL stake sale clarity

20 January 2020

State-run Indian Oil Corp. (IOC) has said it is waiting for the government to clarify whether state-backed companies will be allowed to bid for New Delhi’s stake in Bharat Petroleum Corporation Ltd (BPCL).

Berlin summit agrees attempt to stabilise Libya truce but oil blockade overshadows progress

20 January 2020

Foreign powers agreed at a summit in Berlin on January 19 to try to solidify the unstable truce in Libya between the internationally recognised government, which is backed by Turkey, and the self-styled Libyan National Army (LNA) forces of warlord Kh