Oil Industry news

Statoil has agreed an expansion of its long term gas supply agreement with the UK’s SSE. Starting on 1 October 2015, the gas…

DALLAS - Pioneer Natural Resources Company has officially announced that the Company and Reliance Holding USA, Inc. have entered…

On May 31 - Rosneft Board Chairman Igor Sechin met Sherif Ismail, Egyptian Minister of Petroleum and Mineral Resources, and Tarek…

HOUSTON – Weatherford International plc has officially announced that Bill Lane, Vice President of Emerging Technologies for…

Paris - Six Major oil and gas companies, BG Group plc, BP plc, Eni S.p.A., Royal Dutch Shell plc, Statoil ASA and Total SA has…

A lot has been done to further improve safety and help restore workforce confidence in helicopter flights offshore. Some of those…

HOUSTON -  OneSubsea®, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more…

Rosneft Chairman of the Management Board Igor Sechin was on a business trip to meet with the President of the Bolivarian Republic…

Gazprom held a meeting between Alexey Miller, Chairman of the Gazprom Management Committee. The meeting was focused on innovations…

SAN RAMON - Chevron Corporation has provided an overview of the company's 2014 operational and social performance and how the…

Technip in Norway employee David Snell recently cycled 12,000 km from Cairo to Cape Town in the “Tour d’ Afrique.” Along the way…

Vagit Alekperov, OAO LUKOIL President, Mikhail Babich, Presidential Plenipotentiary Envoy to the Volga Federal District, and…

Hong Kong - CNOOC Limited has officially announced that the Company made a mid-sized discovery Liuhua 20-2 in the Eastern South…

Rosneft Aero and Air BP Limited has officially announced that they have signed Aviation fuel supply agreements. The…

Wood Group Kenny will provide technical advisory services for carbon capture and storage (CCS) policies, as well as potential…

Paris - Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep…

Exxon Mobil's 'Catch of The Week' award recognises personnel who have distinguished themselves in interventions concerning Health…

Rosneft has officially announced that it produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf…

In the bid to ease the distribution challenge that has led to the resurgence of queues at filling stations across the country, the…

Atkins and Houston Offshore Engineering (HOE) attended the 2015 Offshore Technology Conference (OTC) in Houston, Texas – one of…

The situation at the petrol stations does not seem solvable anytime soon as the NNPC chief mentioned. The group Managing…

SAN DIEGO - Sempra U.S. Gas & Power's Copper Mountain Solar 1 facility in Boulder City, Nev. has been recognized as the first…

Statoil has received consent to use Deepsea Atlantic to drill two production wells at Gullfaks Sør, located in the Tampen area in…

BG Group has officially announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally…

Gazprom hosted annual General Shareholders Meeting at the Company’s headquarters in a Press Conference “Mineral and Raw Material…

Texas - Exxon Mobil Corporation has officially announced a significant oil discovery on the Stabroek Block, located approximately…

Maersk Oil Qatar has been recognised for supporting the nation's Qatarization efforts by winning the crystal award for 'Overall…

Anadarko Denver-based geologists and geoscientists recently visited an 85-million-year-old outcrop of the Niobrara formation near…

Paris - Total has officially announced the start-up of gas and condensate production from the onshore Termokarstovoye field,…

Rosneft  sets another record of commercial drilling speed at the continental part of Russia was set at Ust-Tegusskoye field of…