Oil & Gas Corporate Stories
APECO : Power Success
APAC Outlook profiles Asia Projects Engineering Pte Ltd (APECO), a company primarily engaged in plant engineering work and maintenance.
Sinopec buys $1.5bn stake in Angola oil field
Sinopec, also known as China Petrochemical Corporation, has agreed a deal to buy U.S. firm Marathon Oil Corporation’s stake in an Angolan oil and gas field.
Shell presses ahead with world’s deepest offshore oil well
Royal Dutch Shell is pressing ahead with the world’s deepest offshore oil and gas production facility by drilling almost two miles underwater in the politically sensitive Gulf of Mexico.
Burberry sales up 9% on Chinese demand
Iconic British fashion group Burberry says sales jumped nine percent in the second half of its financial year thanks to a rise in Chinese demand for its products.