Exploration & Production

Nordic energy firms pledged to help replenish a contingency fund after a private Norwegian trader defaulted and exchange operator Nasdaq said it would provide additional capital to maintain trust in the market.Finland’s Fortum will contribute some 20 million euros ($23 million), while Norway’s...






Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China’s Shandong province, aiming to join an investment boom in the world’s top chemicals market.China is allowing greater access by global players and independent local companies to build new plants...






Venezuela gave China another stake in the Opec member’s oil industry and signed several other deals in the energy sector, but Beijing made no mention of new funds for Caracas during President Nicolas Maduro’s visit to his government’s key  financier.Maduro’s leftist government sold a 9.9 per...






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