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Blackstone Group to Invest Over $10 Billion in Energy Companies
Bloomberg Television -- Blackstone Group is looking at about 80 energy companies that are struggling as the price of oil has…
PDO, Muscat Duty Signs a Commercial Agreement
Petroleum Development Oman social development project, Banat Oman, has signed a commercial agreement with Muscat Duty Free to…
Expert Says Low Oil Price May Hit Job Market
Bloomberg reported: as investors prepare for the publications of the February U.S. employment data on Friday, we're getting more…
DNO to Boost Oil Production in Iraqi
Oslo - DNO ASA, the Norwegian oil and gas operator has reaffirmed its commitment to boost operations in the Kurdistan region of…
Golar, Rosneft Signs MOU for FLNG Project
Golar LNG Limited and Rosneft Oil Company have entered into a Memorandum of Understanding ("MoU") that foresees cooperation…
U.S. Sanctions Affects Russian Oil Companies and Investors
Forbes reported that the United States Sanctions have absolutely affected Russian oil companies and their investors. Since…
ExxonMobil to Increase Production to 4.3 Million Barrels by 2017
Exxon Mobil Corporation to start up 16 major oil and natural gas projects during the next three years and is on track to increase…
Atkins and SEE signs Engineering and Project Services Contract
Atkins has been officially awarded a contract from SSE Hornsea Ltd to become its framework partner for the delivery of engineering…
PSA to Reduce Costs of Movements of Rigs in the North Sea
The Petroleum Safety Authority Norway (PSA) has set up a working group to examine possible means of reducing costs on the…
Drill Floor Worker Injured at Transocean Barents
The Petroleum Safety Authority Norway (PSA) has decided to launch an investigation into an incident on Transocean Barents on 4…
Qatargas Conducts ‘Phased Evacuation Exercise’
Doha – Qatar - A phased evacuation exercise was conducted at Qatargas Doha Head Office tower in West Bay. The exercise involving…
Anadarko Announces 2015 Capital Program And Guidance
HOUSTON -- Anadarko Petroleum Corporation has officially announced its 2015 initial capital expectations and guidance, concurrent…
Aker Solutions Opens Four New Workshops in Norway
Four new workshops were officially opened at Aker Solutions’ Subsea Lifecycle Services base in Ågotnes outside Bergen, Norway.…
AVEVA Partners with EMC for Capital Projects and Asset Operations
Cambridge, UK - AVEVA has officially announced that it has collaborated with EMC Corporation’s Enterprise Content Division to…
Ghana Protesters March Against Unstable Power Supply
According to AIT news, the presidential candidate of the New Patriotic Party (NPP) for the 2016 elections in Ghana, Nana…
Nigeria to Strengthen Security Agencies in the Fight Against Oil Theft
According to AIT news, the senate committee on navy wants the federal government to adequately fund the navy in the fight…
Bernhard Companies to Form Leading Edge Energy Services Firm
Bernhard Energy, Bernhard Mechanical, EP Breaux Electrical and TME have joined together to provide energy-engineering, mechanical,…
New York-based firm to Invest in the Bonds and Loans of Energy Companies
According to Bloomberg TV, - Hedge fund manager Jason Mudrick told Bloomberg Television on Feb. 3 that the low oil prices…
Aggreko Named as the Official Temporary Energy Services Supplier
HOUSTON – Aggreko, the world leading provider of temporary power and temperature control solutions, has been named the Official…
SGS Launches New Supply Chain Solution
SGS Launches a new Supply Chain Solution Powered by T Transparency. This new integrated platform provides complete farm-to-fork…
Qatar Petroleum Honours New Ambassador, Abdulaziz bin Ahmad Al-Malki
3 March, 2015 - Qatar Petroleum hosted a farewell reception in honour of His Excellency Abdulaziz bin Ahmad Al-Malki on the…
Mexico Amends Contract to Create Investment Opportunities
According to news from Reuters, Mexico to give oil companies a bigger share of profits and more flexibility in contracts as it…
Canadians to benefit from Land Rights for Oil and Gas Profits
The Guardian Reports states that Harper government organized private meetings between oil firms and Indigenous chiefs to try and…
Emergency Workers respond to Oil Spill near Johnstown
According to Coloradoan reporter - Jason Pohl, emergency workers responded Monday morning to an oil spill near Johnstown and…
Philippines Suspends Offshore Operations in Disputed Waters
According to ABC News, the Philippine government has ordered the suspension of all exploration at an offshore oil and gas field…
Russian Oil Barron Demands Compensation from UK for 12 Gasfields
According to The Guardian Report, the Russian oil barron, Mikhail Fridman has threatened to sue the UK government in an escalating…
India Investigates Oil Leaks Secrets to Defence Ministry
According to Reuters report - NEW DELHI, March 3 - India has widened an investigation into leaks of confidential documents from…
Maersk Drilling Secures Ultra Deepwater Drillship Contract
Maersk Drilling has been awarded a contract from eni Ghana Exploration and Production Ltd., an eni subsidiary, for employment of…
Nexen Supports the Fight Against Bullying and Feelings of Isolation
At a Pink T-Shirt Day assembly in Fort Nelson, British Columbia, Nexen (a CNOOC Limited company) continued its support of Rachel’s…
EMAS Names New Subsea Construction Vessel, Lewek Constellation
EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the…