BP signs US$2.2 bn onshore oil field deal with Abu Dhabi December 19, 2016 // 4 Comments British multinational oil and gas company BP PLC cemented its 77-year relationship with Abu Dhabi with the signing of an [...]
Shell begins oil production from Malikai deep-water TLP in Malaysia December 17, 2016 // 1 Comment Shell has begun oil production from the Malikai Tension-Leg Platform (TLP) in Malaysia, marking an important milestone for [...]
Eleven non-OPEC nations agree to oil output cuts December 12, 2016 // 0 Comments Eleven non-OPEC nations have agreed to cut their oil production outputs and help the members of the Organization of [...]
Qatar, Glencore acquire US$11.3 bn interest in Russia’s Rosneft December 9, 2016 // 5 Comments The sovereign wealth fund of Qatar along with Switzerland-based multinational commodity trading and mining company Glencore [...]
Recon Technology’s new oilfield wastewater treatment device gets patent December 7, 2016 // 1 Comment China’s State Intellectual Property Office has awarded a patent for the Oilfield Wastewater Treatment Device by Recon [...]
Private equity firms, former oil execs eyeing Southeast Asia’s energy assets December 7, 2016 // 3 Comments As prolonged lower crude prices drive oil majors hungry for cash to divest or seek additional funds, private equity-backed [...]
Global oil majors to start bidding for deepwater contracts in Mexico December 5, 2016 // 1 Comment In a move that marks the key opening of Mexico’s energy sector, some of the world’s best-known oil companies are set to [...]
OSEA2016 features tech innovations that reduce costs, increase efficiency December 2, 2016 // 2 Comments The 21st edition of the International Oil & Gas Industry Exhibition & Conference (OSEA) highlights the industry’s [...]
APOGCE 2017 to focus on sustainability through innovation, collaboration December 2, 2016 // 2 Comments The SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition (APOGCE) will return to Bali, Indonesia from October 17 [...]
OPEC agrees on oil output cut, Indonesia suspends membership to avoid cut December 2, 2016 // 2 Comments After eight years, members of the Organization of the Petroleum Exporting Countries (OPEC) on November 30 have agreed to cut [...]