Oil & Gas News

ExxonMobil to Sell Norway Upstream Operations for $4.5 billion
01.10.2019
198
ExxonMobil to Sell Norway Upstream Operations for $4.5 billion
ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstr…
Allseas Scoops Large EPCI Pipeline Project from ConocoPhillips
01.10.2019
79
Allseas Scoops Large EPCI Pipeline Project from ConocoPhillips
ConocoPhillips Australia, as operator of the Barossa joint venture, has awarded an Engineering, Proc…
Repairs to Saudi Oil Production May Take ‘Many Months’
26.09.2019
140
Repairs to Saudi Oil Production May Take ‘Many Months’
Full repairs to the attacked Saudi oil fields may take “many months,” not the 10 weeks t…
Norwegian Oil, Gas Production Continues to Miss Forecast Targets
26.09.2019
107
Norwegian Oil, Gas Production Continues to Miss Forecast Targets
The Norwegian Petroleum Directorate’s preliminary production figures for August 2019 show an a…
Transocean Dodges $1.1 billion in Future Costs by Relinquishing Interests in Two Drillships
26.09.2019
247
Transocean Dodges $1.1 billion in Future Costs by Relinquishing Interests in Two Drillships
Transocean announced that two of its indirect, wholly-owned subsidiaries will relinquish their respe…
Aramco Tells Customers Some October Oil Loadings Will Be Delayed
21.09.2019
205
Aramco Tells Customers Some October Oil Loadings Will Be Delayed
Saudi Aramco notified at least four customers that some crude deliveries in early October will be de…
ExxonMobil Puts Key Australian Gas Assets up for Sale
21.09.2019
301
ExxonMobil Puts Key Australian Gas Assets up for Sale
Commenting on the news of the ExxonMobil sale, Wood Mackenzie research director Angus Rodger said, &…
Saudi Arabia Partially Restores Output at Damaged Oil Plant
21.09.2019
234
Saudi Arabia Partially Restores Output at Damaged Oil Plant
Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world th…
U.S. reveals who is behind the Saudi drone attack
18.09.2019
340
U.S. reveals who is behind the Saudi drone attack
The attacks on Saudi oil infrastructure that took off 5.7 million bpd from global oil production wer…
Oil prices soar after attacks in Saudi Arabia
17.09.2019
652
Oil prices soar after attacks in Saudi Arabia
Oil prices rose by nearly 20 percent - the biggest intra-day gain since 1991 - after the attack on S…
Saudis want richest families as anchor investors in Aramco IPO
10.09.2019
214
Saudis want richest families as anchor investors in Aramco IPO
Saudi officials have approached some of the richest families in Saudi Arabia about potentially becom…
Qatar shortlists oil majors for LNG expansion project
10.09.2019
201
Qatar shortlists oil majors for LNG expansion project
Qatar Petroleum has shortlisted several Big Oil firms willing to buy a stake in Qatar’s mega p…