Oil and Gas News

Jim Carr announces amendment of Canada’s Energy Efficiency Regulations

OTTAWA, Jan. 4, 2017 - Canada's Minister of Natural Resources, the Honourable Jim Carr, has announced an amendment to the…

9 years ago

Oil Prices Expected to Increase in 2017 – expert says

CALGARY, - Production cuts by members of the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC countries are…

9 years ago

Statoil to Increase Exploration Drilling in 2017

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than…

9 years ago

Canadian Solar Sells Two Solar Power Plants in China to Shenzhen Energy

GUELPH, Ontario, -- Canadian Solar Inc., one of the world's largest solar power companies, has announced that its wholly-owned subsidiary,…

9 years ago

Alfa Laval Wins SEK 150 Million Energy-efficiency Order in the Middle East

LUND, Sweden, -- Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won…

9 years ago

Statoil Completes Acquisition of Byrding stake

On 30 December 2016 Statoil and Wintershall Norge (“Wintershall”) completed their previously announced transaction, whereby Statoil has acquired Wintershall’s 25%…

9 years ago

Maersk Drilling secures new contract for semi-sub Mærsk Developer

Maersk Drilling has been awarded a one well contract with Repsol Colombia for the deepwater semi-submersible, Mærsk Developer. The contract…

9 years ago

BP and PTT sign LNG Sale and purchase agreement

BP and PTT Public Limited Company (PTT) has entered into a sales and purchase agreement for liquefied natural gas (LNG).…

9 years ago

ExxonMobil Announces New Natural Gas Discovery Onshore Papua New Guinea

IRVING, Texas --Exxon Mobil Corporation has announced a new natural gas discovery in the Papua New Guinea North Highlands, 13…

9 years ago

BP and Woolworths to deliver a World-Class Fuel for Australian Consumers

BP and Woolworths Group (Woolworths) has announced that they have agreed to enter a strategic partnership that will include BP…

9 years ago

Lundin receives consent for Exploration Drilling

Lundin Norway AS (Lundin) has received consent to drill exploration well 7120/1-5 in the Barents Sea. Lundin is the operator…

9 years ago

Statoil receives consent for Exploration Drilling in the Norwegian Sea

The PSA has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea. Statoil is the operator for…

9 years ago

Hawaiian Electric Companies Outlines New Energy Plans for 2045

HONOLULU,  -- The Hawaiian Electric Companies has outlined a detailed plan charting the near-term actions that will lead to the use…

9 years ago

World’s First ‘Solar Panel Road’ Opens in France

World’s first ‘solar panel road’ opens in France at Tourouvre-au-Perche in Normandy village covered with 2,800 sq m of electricity-generating…

9 years ago

SOCAR and BP-operated AIOC Sign LOI for future development of the ACG Oil Field

SOCAR (the State Oil Company of the Republic of Azerbaijan) and AIOC (the Azerbaijan International Operating Company) has signed a…

9 years ago

Chevron Announces Sale of its Indonesia and Philippines Geothermal assets

SAN RAMON, Calif.--- Chevron Corporation has officially announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement…

9 years ago

DEA Acquires Seven Licences in the Njord area

DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the…

9 years ago

Chevron CEO: How the Trump Administration can help the United States Manage its Energy Future

When the Trump administration assumes office, the United States will have a historic opportunity to take control of its energy…

9 years ago

Schlumberger Signs Two Long-Term Transocean Service Agreements, Worth over $350 million

HOUSTON, —Cameron, a Schlumberger company, has officially announced the signing of two 10-year pressure control equipment management service contracts on…

9 years ago

Repsol Norge receives consent for a change to the area contingency plan for Gyda field

Repsol Norge AS has received consent for a change to the area continency plan for Gyda. Repsol Norge AS (Repsol)…

9 years ago

Shell completes the sale of its Refining Company in Malaysia

Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in…

9 years ago

Gullfaks Oil Field 30 Years of Existence Positions the Industry at the Forefront

Gullfaks was something of a final exam for Statoil – the first field where the company was both developer and…

9 years ago

Gazprom and Wintershall Celebrates 25 Years of Scientific and Technical Cooperation

An event was held at St. Petersburg to celebrating 25 years of successful scientific and technical cooperation between Gazprom and Wintershall Holding.…

9 years ago

Total and Petrobras Form Strategic Alliance through an Assets Package Agreement

Paris  – Total and Petrobras has officially signed an Assets Package Agreement in the framework of their Strategic Alliance announced…

9 years ago

DONG Energy to Sell 50% of Race Bank Offshore Wind Farm to Macquarie

DONG Energy has entered into an agreement to sell 50% of Race Bank, a 573 megawatt (MW) UK offshore wind…

9 years ago

Valley Electric Cooperative and SunPower Dedicate 20-Megawatt Solar Power Plant

SIERRA VISTA, Ariz. and SAN JOSE, Calif.,-- At an event in Cochise County, Ariz., Sulphur Springs Valley Electric Cooperative (SSVEC) and…

9 years ago

Investigations completed following an Industrial Accident at Sture Terminal

The investigations following an industrial accident involving exposure to H2S at the Sture terminal and smoke development and a small…

9 years ago

ExxonMobil Awards Key Contracts for Liza Oil Development and Production in Guyana

IRVING, Texas----ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has awarded contracts to SBM Offshore for a floating production,…

9 years ago

Siemens wins first Offshore Wind Project in Belgium

Siemens, as a significant player in offshore wind power, has successfully entered the offshore wind market in Belgium with a…

9 years ago

PPL Grants Empower Educators and Students

ALLENTOWN, Pa. -- PPL Corporation, in cooperation with PBS stations WLVT, WVIA and WITF, is providing that spark to students…

9 years ago