Oil and Gas News

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

Quercus Launches Dubai Office as Investment in Renewables Increases across the GCC

London-based Quercus Investment Partners Ltd. has launched its Middle East office in Dubai as investment in renewables gathers momentum across…

9 years ago

FirstEnergy Offer Energy-Saving Tips as Frigid Weather Expected to Affect United States

AKRON, Ohio, -- With the possibility of below-zero temperatures affecting much of the eastern United States this week, FirstEnergy Corp. (NYSE:…

9 years ago

Saudi Arabia Valves Market to Cross SAR 18 Billion by 2021, expert says

According to a recently published TechSci Research report "Saudi Arabia Valves Market, By Material Used, By Application, Competition Forecast &…

9 years ago

Petrofac Secures US$75 Million Contract with South Oil Company

Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion…

9 years ago

PSE&G, EDF team up with Google to Stop Methane Leaks

NEWARK, N.J., -- Working closely with Environmental Defense Fund and Google Earth Outreach, Public Service Electric & Gas (PSE&G), New Jersey's…

9 years ago

Gazprom, DEPA, Edison Held Talks to get an Optimal Route of Russian Gas Exports to Europe

A meeting was held at the Gazprom headquarters between Alexey Miller, Chairman of the Gazprom Management Committee, Marc Benayoun, Executive Vice President…

9 years ago

RoPax Ferry takes Shape at Niron Staal

Niron Staal, part of Damen Shipyards Group, has performed a keel-laying ceremony of the hull of a passenger ferry. On…

9 years ago

E.ON Supports Game-Changing Technology for Wind Energy

E.ON fosters the development of a game-changing technology to produce power from wind. The company invested in Kite Power Solutions…

9 years ago

Technip Announces the Extension of its Successful PTA Alliance with BP to Acetic Acid

Technip has officially announced that it has extended its successful exclusive PTA(1) Alliance with BP to Acetic Acid. The Acetic…

9 years ago

Mizuho, SMBC, J.P. Morgan to Provide EUR 800 Million credit facility to Gazprom

Gazprom, Japan's Mizuho Bank, Ltd. (Mizuho) and Sumitomo Mitsui Banking Corporation (SMBC), and U.S.-based JPMorgan Chase Bank, N.A. (J.P. Morgan) signed…

9 years ago

Gazprom and KOGAS Signs Agreement on LNG Supplies

Alexey Miller, Chairman of the Gazprom Management Committee, and Lee Seung-hun, President and CEO of KOGAS, signed an Agreement of Cooperation at the Gazprom headquarters.…

9 years ago

World’s First Gas Transmission Museum opens in Moscow

The opening ceremony of the multimedia scientific and educational Gas Transmission Museum was held in Moscow. The event was attended by Alexey Miller,…

9 years ago

Donors Pledges US $7.06 Billion to Support African Economies

A global coalition of donors pledged to support the structural transformation of African economies and the African Development Bank's High…

9 years ago

PPL Foundation Awards Over Half a Million Dollars to Support Education and Community Revitalization

ALLENTOWN, Pa. -- The PPL Foundation has officially announced the latest recipients of its grant program, which is awarding more…

9 years ago

OMV Technical Scholarship for Women – Apply Now

OMV launched the “Technical Scholarship” in 2015 to encourage and inspire young women to engage in technical studies and professions.…

9 years ago

Yamal LNG Signed Loan Agreements With Intesa Sanpaolo

Moscow, 12 December 2016 - Yamal LNG has officially announced the signing of agreements with the bank Intesa Sanpaolo on…

9 years ago

Gazprom and Rosatom Sign Program for Scientific & Technical Cooperation

Gazprom and the Rosatom state nuclear energy corporation has signed in Moscow the 2017–2019 Program for scientific & technical cooperation. The…

9 years ago

Damen to Build 16 Ferries for the Ivory Coast

Damen Shipyards Group has signed a contract with Société de Transport Lagunaire (STL) to build sixteen shallow-draft passenger ferries for…

9 years ago

Eight Multi-billion dollar MoAs signed to develop Nigeria’s Oil and Gas Infrastructure

ABUJA, Nigeria, -- Chongqing Construction Engineering Group Co. Ltd (CCEGC) Chairman/Party Secretary General Mr. Yang Jingpu, Tianjin Energy Resources Ltd…

9 years ago

South Stream Transport, Allseas Group Signs Contract to Build First String of TurkStream’s Offshore Section

South Stream Transport B.V. and Allseas Group signed in Amsterdam a contract to build the first string of the TurkStream gas pipeline’s offshore section with…

9 years ago

Gazprom and Schneider Electric Sign Program for Scientific & Technical Cooperation

Gazprom headquarters - Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Clemens Blum, Executive Vice President of Industry Business…

9 years ago

Faroe to take over Operatorship of the Oselvar and Trym fields

Petroleum Safety Authority Norway (PSA) has given consent to Faroe Petroleum Norge to takeover operatorship of the Oselvar and Trym…

9 years ago