Sinopec signs deal with Petrobras
China and Brazil's leading oil producers join forces in co-operation deal
China and Brazil's leading oil producers join forces in co-operation deal
Shell sells the majority of its downstream Chilean business to Quinenco and Exxon is set to sell businesses across six countries.
US specialist Chemtura is to increase its polymer output by the end of Q1
Schilling Robotics is expanding its ROV support centres
Cuba is focusing on recycled oil as a means of fuelling industrial ovens.
Trade unions Venezuela have backed the government's decision to nationalis a major lubes and chemical company.
A new plant is set for construction in Brazil to capitalise on the governments drive for oil recycling.
Rockhopper Exploration has discovered a significant oil field in the North Falkland Basin.
Statoil has agreed the sale of a 40% stake in the Bazilian Peregrino field to Sinochem