Statoil reports oil spill at Statfjord field October 9, 2015 // 2 Comments Norwegian gas company Statoil reported an oil spill close to the OLS B loading buoy at the Statfjord oil field last October [...]
Indonesia to join OPEC, IEA October 9, 2015 // 2 Comments Energy minister Sudriman Said announced that Indonesia will be an associate member of of the Organisation of Petroleum [...]
Genie Energy finds oil in Israel October 9, 2015 // 2 Comments Genie Energy said yesterday that it has found significant quantities of oil and gas in its exploration site in Northern [...]
Energy starts “Era of shale”, says IHS Vice Chair October 7, 2015 // 3 Comments IHS Vice Chairman Daniel Yergin says that energy is entering an “era of shale” in his address at the European [...]
BP oil to pay US$20 billion for gulf oil spill October 6, 2015 // 3 Comments BP Oil is set to pay around US$20.8 billion in settlements to the US for the Macondo well blowout that lead to an oil spill [...]
Shell sells downstream businesses in Norway October 2, 2015 // 3 Comments Shell announced that it completely sold its retail, commercial fuels and supply & distribution logistics businesses in [...]
Egypt and Kuwait sign agreement on crude oil October 2, 2015 // 6 Comments Egypt and Kuwait signed an agreement to store crude oil at the Arab Petroleum Pipeline (Sumed) Company before selling it to [...]
Stagnant oil field in Kazakhstan resumes production next year October 1, 2015 // 2 Comments Kashagan, Kazakhstan’s stagnant oil field, will resume commercial production late next year. Energy Minister Vladimir [...]
Shell quits Alaska exploration September 30, 2015 // 1 Comment Shell announced that it is stopping all operations on the untapped oil and gas well the company was drilling in Alaska. The [...]
Ferguson supplies offshore chemical tanks in the Middle East September 29, 2015 // 3 Comments Ferguson, a global specialist in the provision of offshore DNV 2.7-1/EN12079 containers, freezers, workspace and [...]