Eni starts production in Angola fieldJanuary 12, 2016 // 2 CommentsEni has started production from the Mpungi field in the West Hub Development Project, within Block 15/06 of the Angolan Deep [...]
Iran to export refinery engineering servicesJanuary 11, 2016 // 4 CommentsFor the first time, the Research Institute of Petroleum Industry will be exporting the engineering and design services of [...]
IndianOil Refineries achieve record crude outputJanuary 11, 2016 // 2 CommentsIndianOil Refineries achieved the highest crude throughput of 55.2 MMT, and one of the highest ever Distillate levels of [...]
Premier Oil confirms oil discoveryJanuary 11, 2016 // 3 CommentsPremier Oil plc confirmed the Isobel Deep well re-drill confirmed the oil discoveries in the original Isobel Deep well. In [...]
CNOOC and Shell to expand joint venture in GuangdongJanuary 8, 2016 // 1 CommentOn December 15, China National Oil Corporation (CNOOC) and Shell signed an agreement to expand capacity at the 50-50 joint [...]
Saudi Arabia to go for IPO for Aramco?January 8, 2016 // 2 CommentsIt has been reported that Saudi Arabia is considering selling shares in its state-owned company, Saudi Arabian Oil Co. or [...]
Seismos announces new oil surveillance platformJanuary 7, 2016 // 0 CommentsSeismos Inc., a provider of subsurface fluid-flow imaging technology for the Oil and Gas industry, announced K-View CO2, a [...]
Oil prices fall to an 11-year lowJanuary 7, 2016 // 3 CommentsOil prices hit an 11-year low as the Brent crude oil price dipped 4.2% to US$34.88 per barrel. The current price is the [...]
TransCanada sues US gov’t over pipeline denialJanuary 7, 2016 // 0 CommentsTransCanada Corporation filed a Notice of Intent to initiate a claim under Chapter 11 of the North American Free Trade [...]
Export Pipeline Needed to Catalyse East African Oil Production BoomJanuary 7, 2016 // 1 CommentWith recoverable oil reserve estimates of approximately 750 and 600 million barrels (mmbbl) in Uganda and Kenya [...]