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Oil And Gas
LUKOIL WINS CORPORATE GOVERNANCE AWARD
The international magazine World Finance has officially announced LUKOIL as the winner in its annual Corporate Governance Awards.…
Shell Completes Sale of Oil Mining Lease 18 in Nigeria
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has completed the assignment of its 30% interest in oil mining…
LUKOIL LUBE FACILITY CERTIFIED IN AUSTRIA
LUKOIL is Russia’s only lube-manufacturing company whose plant was certified as complying with the standards of the influential…
Statoil receives Exploration License, Offshore Indonesia
Statoil was officially awarded new exploration acreage through the Aru Trough I licence offshore Indonesia. The licence covers an…
Statoil Discovers Gas in the Snefrid Nord Field
Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea. The discovery is…
Schlumberger Launches New Ultrahigh-Temperature Drilling Technologies
LONDON — Schlumberger has officially launched TeleScope ICE* ultrahigh-temperature measurements-while-drilling service and…
Bowleven Completes Etinde Farm-Out Transaction, $165 Million
Bowleven, the Africa focused oil and gas exploration group traded on AIM, has officially announced the completion of the Etinde…
Shell, Couche-Tard Signs Trading Agreement in Denmark
Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial…
Statoil Awards 5 Years Contract to Coor Service Management
On 13 March 2015- Statoil has officially awarded the contract for offshore facility services on the Statfjord and Snorre fields to…
ExxonMobil CEO: The U.S. Government Needs to Adjust its Energy Policies
WASHINGTON --The U.S. government needs to adjust its energy policies to ensure that America can realize all the benefits of the…
ExxonMobil Starts Drilling at Point Thomson
ExxonMobil has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial…
Oil & Gas UK, Shadow Chancellor Held Talks to Reduce its Fiscal Reform
Oil & Gas UK, Shadow Chancellor held a meeting to underline the urgent need for regulatory and fiscal reform and improvements…
Qatargas Organizes a Day of Fun and Entertainment for 150 Children
Doha – Qatar, Qatargas organized a day of fun and entertainment for nearly 150 children from Qatar Orphan Foundation (Dhreima) at…
Anadarko receives Best Campaign Video Award
Mile High United Way honored Anadarko’s Denver office with the 2014 Award for Best Campaign Video. Anadarko's Denver office and…
ADNOC, KNOC & KIGAM signs MOU for Oil Field Development in UAE
The Abu Dhabi National Oil Company (ADNOC) has officially signed a Memorandum of Understanding (MOU) with the Korea National Oil…
BP To Develop Egypt’s West Nile Delta Gas Fields
6 March 2015 - BP announced that it has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic…
Oklahoma Geologists to Investigate Fracking Earthquakes in the State
Newly-obtained emails reveal that Oklahoma geologists were pressured by oil industry big-shots not to push on with their…
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…
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…
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…
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.…
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…
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…
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…