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Oil & Gas News

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
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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
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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…
Gulf Of Mexico Oil Loses 301,000 BPD To Storm Cindy
24.06.2017
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Gulf Of Mexico Oil Loses 301,000 BPD To Storm Cindy
One-sixth of offshore production in the Gulf of Mexico had been shut in by the end of Wednesday, ahe…
OPEC Has Few Escape Routes From Another Bear Market in Oil
23.06.2017
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OPEC Has Few Escape Routes From Another Bear Market in Oil
Oil’s back in a bear market and investors remain unmoved by last month’s agreement to pr…
Here’s what the Saudi leadership shake up means for oil prices
21.06.2017
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Here’s what the Saudi leadership shake up means for oil prices
Oil market participants were assessing on Wednesday the potential impact upon the world's most t…
Is $100 Oil Possible? Wells Fargo Says No
18.06.2017
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Is $100 Oil Possible? Wells Fargo Says No
$100 oil is but a “pipe dream,” according to a new investor note by Wells Fargo. &ldquo…
BP and Reliance Industries to progress and expand partnership
17.06.2017
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BP and Reliance Industries to progress and expand partnership
Reliance Industries Limited (RIL) and BP announced that they are moving forward to develop already-d…
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