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…
CBN begins Disbursement of Nigeria Electricity Market Stabilization Facility
The Central Bank of Nigeria (CBN) has disbursed a total sum of N18.26 Billion to the first batch of beneficiaries of the N 213…
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…
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…