Export Pipeline Needed to Catalyse East African Oil Production Boom January 7, 2016 // 1 Comment With recoverable oil reserve estimates of approximately 750 and 600 million barrels (mmbbl) in Uganda and Kenya [...]
Statoil completes transactions with Repsol in Norway and US January 6, 2016 // 1 Comment Statoil and Repsol have completed two of the transactions announced on December 11 2015: Statoil has farmed down to Repsol a [...]
Nynas takes over Shell refinery in Germany January 5, 2016 // 1 Comment Nynas, a Swedish company focusing on producing and selling naphthenic specialty oils and bitumen, has now completed the [...]
Difficult scenario for Petrobras and Brazil’s oil production to 2020- report January 1, 2016 // 1 Comment Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over [...]
Rosneft, Oil India, Indian Oil sign agreement December 30, 2015 // 7 Comments Rosneft, Oil India Limited and Indian Oil Corporation Limited signed a Memorandum of Understanding for cooperation for [...]
Chevron confirms first production from Congo site December 29, 2015 // 2 Comments Chevron Corporation confirmed that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production [...]
InterOil begun drilling in new well in Papua New Guinea December 28, 2015 // 2 Comments Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, has begun [...]
Clariant opens new Australian storage and blending facility December 23, 2015 // 3 Comments Chemicals company Clariant opens its new Karratha, Western Australia storage and blending facility. This facility will [...]
Eni and Sonangol partner for the Angola refinery December 22, 2015 // 2 Comments The Chairman of Angola-based oil and gas company Sonangol, Francisco de Lemos Maria, met Eni’s CEO, Claudio Descalzi. [...]
US lifts 40-year crude oil export ban December 21, 2015 // 0 Comments With the government lifting our country’s nearly 40-year-old ban on crude oil exports, Americans can celebrate an [...]