Oil and Gas Companies

Lundin Petroleum announces reserves and contingent resources update

Stockholm, -- Lundin Petroleum AB (Lundin Petroleum) has officially announced that as at 31 December 2017, its proved plus probable…

8 years ago

“African Development Bank’s lifeline lifted Nigeria out of recession” – President Buhari

Nigerian President lauds Bank for standing tall among multilateral development banks and international financial institutions. The African Development Bank provided…

8 years ago

Sempra Energy Named to Fortune’s ‘World’s Most Admired Companies’ 2018

SAN DIEGO,  -- Sempra Energy has been recognized by Fortune magazine as one of the "World's Most Admired Companies" for 2018.…

8 years ago

Rio Tinto strengthens presence in Mongolia

Rio Tinto is further strengthening its presence in Mongolia, underscoring its commitment to the country. Rio Tinto will establish a…

8 years ago

Nigeria: Ikeja Electric Commission New Transformers

In a bid to strengthen the network and improve power supply to customers across its network, the management of Ikeja…

8 years ago

PPL Electric Utilities had best-ever grid reliability in 2017

On average, customers are having fewer power outages ALLENTOWN, Pa.,  -- The PPL Electric Utilities power grid had its most reliable…

8 years ago

Evonik and Siemens launches joint research project to generate high-value specialty chemicals

Joint research project launched Test plant will produce "green" chemistry and serve as an energy store for eco-electricity First plants…

8 years ago

Gazprom and LUKOIL held talks on cooperation prospects for gas supplies

A meeting was held between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow on…

8 years ago

ExxonMobil Acquires Exploration Acreage Offshore Ghana

IRVING, Texas----ExxonMobil has officially announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration…

8 years ago

TransCanada Confirms Strong Commercial Support for Keystone XL Project

Strong commercial support advances project to construction preparation while working collaboratively with landowners to acquire easements CALGARY, ALBERTA--- TransCanada Corporation…

8 years ago

SunPower Oasis Power Plant Begins Operation at Total’s La Mède Refinery

PARIS, -- SunPower has announced that an 8-megawatt SunPower® Oasis® Power Plant was recently completed and is now operating at…

8 years ago

Statoil gets license for exploration drilling in the North Sea

Statoil has been given consent for exploration drilling in the North Sea. Drilling is planned to start in February 2018,…

8 years ago

Arkona offshore wind farm completes second construction phase ahead of time

Construction of the Arkona offshore wind farm in the German Baltic Sea is progressing at a fast pace. After the…

8 years ago

Statoil awards contract to Alcatel for improved recovery on Johan Sverdrup

Statoil awards a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field.  The seismic…

8 years ago

NNPC Eyes Massive Investments in Nigeria’s Oil & Gas Industry

…As Search for Oil Continues in Sokoto, Other Basins The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in…

8 years ago

AfDB President, Akinwumi Adesina receives accolade of highest honour of the Republic of Liberia

Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 15, received the Order of the Star…

8 years ago

German based company, DEA wins promising exploration licenses in Norway

The Norwegian Ministry of Petroleum and Energy has awarded five new licenses to DEA in this year’s APA round. DEA’s…

8 years ago

14 licences awarded in the Norwegian licensing round

Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded…

8 years ago

German based company, Hamburg Süd honored twice for sustainability

Hamburg, - Hamburg Süd has once again been honored by two independent organizations for its sustainability management. The Carbon Disclosure…

8 years ago

Saudi Arabia: King Abdullah Port’s Box Volumes Rise by 21 Percent

Saudi Arabia’s King Abdullah Port became the country’s second largest port in terms of container handling as it witnessed a rise of 21…

8 years ago

Shell Orders FPSO for Penguins oil and gas field

Royal Dutch Shell has decided to order a floating production, storage and offloading (FPSO) vessel for its Penguins field. The move…

8 years ago

Maersk and IBM to form Blockchain joint venture

A.P. Moller - Maersk and IBM has officially announced their intent to establish a joint venture to provide more efficient…

8 years ago

Registration Now Open for WAIPEC 2018 Exhibition

Floorplan has doubled in size for 2nd edition with over 200 exhibitors confirmed to participate Registration is now open for…

8 years ago

ExxonMobil, MagnaBond Collaborates to develop New Well Integrity Evaluation Technologies

SPRING, Texas----ExxonMobil Upstream Research Company has officially announced that it has signed a three-year joint development agreement with MagnaBond, LLC…

8 years ago

Cheniere and Trafigura Sign 15-Year LNG SPA

HOUSTON, -- Cheniere Energy, Inc.  has officially announced that its subsidiary Cheniere Marketing, LLC ("Cheniere Marketing") has entered into a liquefied…

8 years ago

Lukoil in talks with Petrobras over possible sale of Nigerian oil assets

According to its CEO, Vagit Alekperov, Russia’s second-largest crude producer Lukoil is ready to expand its upstream portfolio with new…

8 years ago

Shell acquires major stake in Silicon, U.S. solar developer

Platform investment aligns Shell with best-in-class U.S. developer, owner, and operator of solar facilities NASHVILLE, Tenn., -- Silicon Ranch Corporation,…

8 years ago

Canadian Government Lifts Speed Restrictions for Ships in Gulf of St. Lawrence

The Canadian government has lifted the temporary mandatory slowdown for commercial vessels operating in the Gulf of St. Lawrence. As…

8 years ago

Port of Los Angeles Sets New Cargo Record in 2017

The Port of Los Angeles moved more cargo in 2017 than in any time in the port’s 110-year history, racking…

8 years ago

Japan’s Mitsui O.S.K. acquires Dutch Manning Company

Japan’s Mitsui O.S.K. Lines (MOL) has acquired full ownership of Azalea Maritime B.V., a Dutch manning company. MOL acquired 100%…

8 years ago