News
Oil prices rise following Russia’s willingness to discuss with OPEC
Oil prices increased on Monday following an announcement made by Russia, one of the world's top three oil producers, that...
Read moreLundin Norway commences drilling on Neiden prospect in Barents Sea
Lundin Norway, the subsidiary of Swedish oil and gas company Lundin Petroleum, has commenced drilling of exploration well 7220/6-2 on...
Read moreEMGS signs extended charter agreement with BOA for subsea vessels
Geophysical services company Electromagnetic Geoservices (EMGS) has signed an extended charter agreement with Norway-based BOA SBL for its BOA Thalassa...
Read moreStatoil acquires First Oil’s s equity for Alfa Sentral gas field in North Sea
Statoil acquired First Oil's 24% share in the UK licence for the Alfa Sentral gas and condensate field in the...
Read morePacific Exploration wins contract to operate onshore oil Block 192 in Peru
Peru hydrocarbons licensing authority Perupetro has awarded a two year contract to Pacific Stratus Energy Del Peru, a subsidiary of...
Read moreConocoPhillips and Total start oil production from Surmont 2 oil sands facility in Canada
Partners ConocoPhillips and Total have started production at the Surmont 2 in-situ oil sands facility in Canada.Construction for the facility,...
Read morePetrobras needs another $4.3bn for Comperj refinery project in Brazil
Petroleo Brasileiro (Petrobras) will need an additional investment of $4.3bn for completing development of Comperj refinery project which is located...
Read moreSiemens to deliver compressor trains at LNG project in Louisiana, US
German engineering giant Siemens has won a contract from Magnolia LNG for delivering initial ten compressor trains for a liquefied...
Read moreStolt LNGaz project receives approval from provincial government in Canada
The Quebec Government has approved the Stolt LNGaz project which includes plans to develop a natural gas liquefaction plant in...
Read moreEPA proposes new rules to cut down methane emissions from oil and gas industry
US Environmental Protection Agency (EPA) has proposed new standards to reduce methane and volatile organic compounds (VOC) emissions from the...
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