News
Ukraine agrees to fill gas storage for smooth transit of Russian gas to Europe
Ukrainian government has given its consent to pump enough gas into its storage facilities to keep up the pressure in...
Read moreSterling Energy to acquire interest in Block C-10 offshore Mauritania
Sterling Energy Mauritania (SEML) has signed an agreement with Tullow Mauritania to acquire a 13.5% interest in the production sharing...
Read moreCalifornia approves legislation to protect new offshore oil development near Tranquillon Ridge
The Californian Senate has passed a new law to ban new offshore oil drilling in a nearby marine protected area...
Read moreStatoil and SSE expand long-term gas supply deal for UK
British energy company SSE has signed a long term gas supply deal with Norwegian oil and gas producer Statoil to...
Read moreInternational Western Petroleum acquires interest in two oil assets in Texas, US
US based International Western Petroleum (IWP) has completed acquisition of working interests in two multi-well production assets in the Bend...
Read moreSaudi Aramco awards project to McDermott for 12 jackets off Saudi Arabia
Saudi Aramco has awarded a contract to McDermott International for the engineering, procurement, construction and installation (EPCI) of 12 jackets...
Read moreAtlantic Petroleum to pull-out of Statoil-operated licence in Norwegian Sea
Atlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea.The company has also announced the farm...
Read moreUGL to operate and maintain fuel terminal network of BP Australia
Australia based UGL has won a three-year contract from BP Australia for operation and maintenance of its 17 fuel terminals...
Read moreCrude futures edge up due to weaker US dollar
Crude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the...
Read moreEni discovers gas and condensates offshore Libya
Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D.According...
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