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Oil & Gas News

Can Oil Sands Pay Off at Just $50 a Barrel?
24.08.2017
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Can Oil Sands Pay Off at Just $50 a Barrel?
The future is arriving—a few tons at a time—at Suncor Energy Inc.’s North Steepban…
US Navy ship and oil tanker collide near Singapore
22.08.2017
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US Navy ship and oil tanker collide near Singapore
Ten US Navy sailors are missing and five have been injured after a US destroyer and an oil tanker co…
BP: Second quarter 2017 results
02.08.2017
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BP: Second quarter 2017 results
We continue to position BP for the new oil price environment, with a continued tight focus on costs,…
Saipem scores Zohr work
02.08.2017
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Saipem scores Zohr work
The service company said the work was worth US$900 million and covered engineering, procurement, con…
Ecuador agrees payment plan with Schlumberger
02.08.2017
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Ecuador agrees payment plan with Schlumberger
Ecuador has agreed a payment plan with US oil services firm Schlumberger and has also agreed to rene…
Sinopec boosts Fuling shale gas reserves
14.07.2017
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Sinopec boosts Fuling shale gas reserves
Sinopec’s Fuling shale concession now holds proven gas reserves of more than 600 bcm
Canada Kuwait Petrochemical Corp. chooses Honeywell Technology for new complex in Alberta
14.07.2017
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Canada Kuwait Petrochemical Corp. chooses Honeywell Technology for new complex in Alberta
Honeywell also will provide the process design package, proprietary and non-proprietary equipment...…
What Total’s $4.8 billion investment means for Iran
04.07.2017
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What Total’s $4.8 billion investment means for Iran
Iran has signed a $4.8 billion deal with a consortium led by French oil company Total on M…
Ransomware virus hits computer servers across the globe
27.06.2017
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Ransomware virus hits computer servers across the globe
A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia's bi…
Shell to remove emergency response vessel from Knarr
25.06.2017
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Shell to remove emergency response vessel from Knarr
A/S Norske Shell has received consent to remove the emergency response vessel from the Knarr field.
Oil Search establishes US$600 million revolving credit facility
25.06.2017
1 294
Oil Search establishes US$600 million revolving credit facility
Oil Search is pleased to announce that it has signed documentation with a 14 member bank group for a…
With oil washing out, Russia’s zeal to reform remains elusive
25.06.2017
1 929
With oil washing out, Russia’s zeal to reform remains elusive
Two of the world's biggest oil producing countries are coping with the slide in crude in sharply…
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