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Oil & Gas News

Shell starts with Penguins redevelopment in UK North Sea
15.01.2018
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Shell starts with Penguins redevelopment in UK North Sea
The decision authorises the construction of a floating production, storage and offloading (FPSO) ves…
Statoil expands frame agreement with MMT and Reach Subsea
15.01.2018
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Statoil expands frame agreement with MMT and Reach Subsea
Statoil has renewed and expanded MMT’s frame agreement. The successful co-operation between Re…
Oil Prices Stabilize After Latest Three-Year High
15.01.2018
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Oil Prices Stabilize After Latest Three-Year High
Oil prices were little changed in early Asian trading after hitting fresh three-year highs Friday.
Russia-China new oil pipeline starting soon
13.01.2018
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Russia-China new oil pipeline starting soon
China’s capacity for importing Russian crude from eastern Siberia has doubled to 30 million tp…
BP awards Jacobs Phase 2 of the Khazzan tight gas project in the Sultanate of Oman
11.01.2018
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BP awards Jacobs Phase 2 of the Khazzan tight gas project in the Sultanate of Oman
Jacobs Engineering Group Inc. (NYSE:JEC) has been selected by BP to provide engineering, procurement…
Oil tanker on fire and leaking off China coast
07.01.2018
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Oil tanker on fire and leaking off China coast
  Rescue workers are trying to locate 32 missing sailors and prevent a big oil spill after an…
Trump plans to allow oil and gas drilling off nearly all U.S. continental waters
07.01.2018
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Trump plans to allow oil and gas drilling off nearly all U.S. continental waters
The Trump administration has unveiled a proposal to drill in basically all U.S. waters in…
Oil likely to see descending revision over the coming months, Commerzbank says
07.01.2018
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Oil likely to see descending revision over the coming months, Commerzbank says
Oil dealers ought to anticipate that costs will pullback by no less than 15 percent over the coming…
Snorre Expansion Project: DeepOcean get subsea installation business
06.01.2018
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Snorre Expansion Project: DeepOcean get subsea installation business
The offshore work includes installation of six integrated subsea template structures and manifolds,…
Oil price climbs to its highest level since 2015
03.01.2018
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Oil price climbs to its highest level since 2015
Oil rose to its most elevated amount since 2015 on Tuesday, moving to an intraday high above $67 a b…
Oil records most grounded year opening since 2014 amid Iran unrest
02.01.2018
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Oil records most grounded year opening since 2014 amid Iran unrest
Oil costs indented their most grounded begin to a schedule year since 2014 on Tuesday, in the midst…
Libya's Damaged Pipeline Will Come Back In January
01.01.2018
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Libya's Damaged Pipeline Will Come Back In January
The Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the chairman of…
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