SOCAR continues Heydar Aliyev Oil Refinery project February 24, 2016 // 1 Comment The State Oil Company of the Azerbaijan Republic (SOCAR) continues the Heydar Aliyev Oil Refinery modernization and [...]
PDVSA and Rosneft boost oil and gas investment February 24, 2016 // 1 Comment Petróleos de Venezuela, SA (PDVSA) and Russian state oil company Rosneft signed an agreement to invest an additional US$500 [...]
Pemex appoints new Director General February 24, 2016 // 4 Comments José Antonio González Anaya takes office as the new Director General of the Mexican state-owned Petróleos Mexicanos [...]
Lukoil granted rights oil block in Baltic sea February 23, 2016 // 1 Comment Lukoil-Kaliningradmorneft, a wholly-owned subsidiary of PJSC Lukoil, was granted the right to use a subsoil block of federal [...]
Oil market to recover by 2017, says IEA February 23, 2016 // 2 Comments The International Energy Agency (IEA) says that the oil prices will rise once the supply and demand balance by 2017. In [...]
Mobil pipeline to improve jet fuel supply for Melbourne Airport February 22, 2016 // 4 Comments Mobil Oil Australia Pty Ltd (Mobil) will construct a 2.7 km pipeline that will connect the company’s Yarraville Terminal [...]
Statoil cancels contract with sub-leased rig February 19, 2016 // 3 Comments Statoil has decided to cancel the contract with Maersk Gallant. The Maersk rig has been on contract with Statoil for two [...]
Sinopec to close four oilfields February 18, 2016 // 5 Comments The China Petroleum & Chemical Corp, or Sinopec, announced that it will close four least profitable oilfields in Shengli [...]
Petroceltic sells Egyptian assets to Edison February 18, 2016 // 2 Comments Oil and gas company Petroceltic International announces the completion of the sale of certain exploration licences in Egypt [...]
Woodside expands African presence February 18, 2016 // 2 Comments Woodside Energy entered into an agreement with Impact Oil & Gas AGC Ltd to acquire a 65% participating interest in the [...]