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Oil & Gas News

Statoil handing over the Polarled pipeline to Gassco
05.05.2017
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Statoil handing over the Polarled pipeline to Gassco
Statoil transferred the operatorship for the Polarled pipeline to Gassco on 1 May. The 482-kilometre…
Chevron expedites Rosebank development plan
05.05.2017
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Chevron expedites Rosebank development plan
Chevron has accelerated the tendering process for its new FPSO at the Rosebank development West of S…
Are Oil and Gas a Good Investment in 2017?
04.05.2017
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Are Oil and Gas a Good Investment in 2017?
It has been a turbulent few years for British oil and gas companies, with oil hitting $27 per barrel…
Halliburton to hire 2,000 on upstream rebound
04.05.2017
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Halliburton to hire 2,000 on upstream rebound
Houston-based Halliburton Co. (NYSE: HAL) plans to have hired more than 2,000 U.S. oil field workers…
BP finds hidden trove of oil in Gulf of Mexico
03.05.2017
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BP finds hidden trove of oil in Gulf of Mexico
British oil’s superior BP has newly discovered 200 million barrels of oil in a hidden cache lo…
Exploration drilling kicks off in Abu Sennan
03.05.2017
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Exploration drilling kicks off in Abu Sennan
Drilling has begun at the Abu Sennan concession, in Egypt, Rockhopper Exploration said on April 26.…
Shell signs Block 42 agreement in Oman
02.05.2017
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Shell signs Block 42 agreement in Oman
Royal Dutch Shell has signed a heads of agreement to collaborate on Block 42 with Oman Oil Company E…
Paramount Resources to sell its oil and gas properties in Valhalla for approx. $150 million
02.05.2017
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Paramount Resources to sell its oil and gas properties in Valhalla for approx. $150 million
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to…
Iran Sees Positive Signals For OPEC's Output Cut Extension
02.05.2017
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Iran Sees Positive Signals For OPEC's Output Cut Extension
Iran's Oil Minister said April 29 OPEC and non-OPEC countries had given positive signals for an…
New API safety standards developed to enhance O&G industry equipment operations
01.05.2017
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New API safety standards developed to enhance O&G industry equipment operations
 The American Petroleum Institute’s Global Industry Services department (API Global) rele…
Five European energy companies sign on to Nord Stream 2
30.04.2017
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Five European energy companies sign on to Nord Stream 2
Royal Dutch Shell, Austria’s OMV, France’s Engie and Germany’s Uniper and Wintersh…
BP agrees sale of interest in SECCO to Sinopec
29.04.2017
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BP agrees sale of interest in SECCO to Sinopec
BP today announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Comp…
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