Oil and Gas News

Troll B Produced One billion barrels of Oil

Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll…

9 years ago

E.ON Shifts Electro-mobility Business into High Gear

E.ON is setting a strategic focus on e-mobility. The Group has established a new unit with the aim of taking…

9 years ago

Gazprom Expanding Cooperation with Japanese Companies

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a visit to Japan. Tokyo hosted high-level meetings with the…

9 years ago

Eni receives consent for Exploration Drilling in the Barents Sea

Eni has received consent to drill exploration well 7318/12-1 in the Barents Sea. Eni Norge AS (Eni) is the operator…

9 years ago

Statoil donates 5 million NOK to help people affected by the War in Syria

Statoil donates 5 million NOK to Red Cross to help the situation of people affected by the war in Syria.…

9 years ago

Damen continues contact with Ivory Coast

Following the contract signing between Damen Shipyards Group and Société de Transport Lagunaire (STL) for 16 shallow-draught ferries for the…

9 years ago

Leading Steering Committee Announced for West African International Petroleum Exhibition and Conference

Senior NNPC, SNEPCo, TOTAL E & P, First E & P and SEPLAT officials amongst representatives to build programme for…

9 years ago

Eni and Terna Sign MOU for the development of Sustainable Energy Systems

San Donato Milanese – Eni and Terna have signed a bilateral Memorandum of Understanding, for the identification and evaluation of…

9 years ago

Fugro picks up NCE Tunnelling Awards 2016

Wallingford, UK - Fugro joined co-winners United Utilities and J Murphy & Sons to receive the Ground Investigation and Monitoring…

9 years ago

Bechtel Vice Chairman Bill Dudley Named "LNG Executive of the Year"

RESTON, Va., -- Bechtel, the global engineering, procurement and construction firm, has congratulated Bechtel Group, Inc. Vice Chairman Bill Dudley for…

9 years ago

Ecopetrol Discovers Hydrocarbon in the Gulf of Mexico (USA)

BOGOTA, Colombia, -- Ecopetrol S.A. ("Ecopetrol") reports a hydrocarbon discovery in the recently drilled Warrior exploratory well, located in the…

9 years ago

Shell to Sell its Australia Aviation Business to Viva Energy

Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia…

9 years ago

AFDB approves Africa Renewable Energy Initiative (AREI)

The Boards of Directors of the African Development Bank (AfDB) have endorsed the proposal by the Bank’s Management to serve…

9 years ago

Statoil wins U.S. Government’s Wind Lease Sale Offshore New York

Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York.…

9 years ago

ExxonMobil’s 2017 Outlook for Energy

IRVING, Texas --- Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of…

9 years ago

Phillips 66 Freeport LPG Export Terminal Begins Operation

HOUSTON -- Phillips 66 has officially announced that its Freeport LPG Export Terminal located in Freeport, Texas, is fully operational.…

9 years ago

Fugro’s G4 satellite Correction Service Optimises latest Galileo launch

This week Fugro further extends its leading technology position by taking full advantage of Galileo’s operational milestone. The launch of…

9 years ago

Saudi Aramco Reaffirms its Commitment to its Flagship Localization Initiative

Saudi Aramco has reaffirmed its steadfast commitment to its In-Kingdom Total Value Add (iktva) localization program by celebrating the accomplishments…

9 years ago

Qatar Petroleum Reduces Oil Production Levels

Qatar Petroleum has officially announced that it’s oil production levels will be reduced effective 1 January, 2017. Mr. Saad Sherida…

9 years ago

NOVATEK Signs MOU with Mitsubishi Corporation

Tokyo, -- PAO NOVATEK (“NOVATEK”) has signed a Memorandum of Understanding (MOU) with Mitsubishi Corporation. According to the MOU, the…

9 years ago

San Diego Gas To Upgrade Infrastructure In Orange County To Improve Reliability And Public Safety

SAN DIEGO, in a 5-0 vote, California Public Utilities Commission (CPUC) approved San Diego Gas & Electric's (SDG&E) proposal to construct…

9 years ago

SoCalGas Completes Over 700,000 Safety Inspections of Meter Set Assemblies

LOS ANGELES, -- Southern California Gas Company has officially announced that in 2016, the company conducted more than 700,000 comprehensive safety…

9 years ago

Technip receives Engineering and Project Management Services Contract

Technip has been awarded an engineering and project management services contract by Shell Australia. This contract will provide multi-disciplinary engineering…

9 years ago

Gazprom and OMV sign binding Basic Agreement on Asset Swap

Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, has signed the Basic Agreement in Vienna…

9 years ago

AfDB to Accelerate Energy Access through an Innovative Pay-As-You-Go Payment Models

On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models…

9 years ago

AfDB approves USD 100 Million to Seed the Establishment of FEI

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising…

9 years ago

Statoil Signs Agreement to Sell its Oil Sands Business

Statoil has signed an agreement to divest its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian…

9 years ago

Darren Woods Elected Chairman, CEO of Exxon Mobil Corporation

IRVING, Texas----Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, has announced his intention to retire at…

9 years ago

U.S. Solar Market Records Nearly 2 MW of PV Installed Per Hour in Q3 2016

BOSTON and WASHINGTON, -- The United States solar market just shattered all previous quarterly solar photovoltaic (PV) installation records. According to…

9 years ago

Upstream West Africa Summit 2017, 29th to the 31st March, Lagos, Nigeria

“Moving Projects Forward in a Low Cost Environment” In March 2017, Lagos, Nigeria will play host to West Africa’s No.1…

9 years ago