More must be done to reduce major accidents: studyMay 11, 2015 // 7 CommentsFrameworks for regulation vary considerably worldwide, and may evolve in different directions, requiring oil and gas [...]
Pertamina seeks another 6.1 million mt/year LNG for 2019-2020May 7, 2015 // 0 CommentsIndonesia’s state-owned oil and gas entity Pertamina plans to seek 6.1 million mt/year LNG to meet its annual demand [...]
Pertamina reviews acquisition of oil blocks overseasMay 5, 2015 // 1 CommentJAKARTA – State-owned oil and gas company Pertamina may cancel its plan to acquire a number of oil blocks overseas as [...]
Acquisition deal between Petronas and Azerbaijan completedMay 5, 2015 // 2 CommentsBAKU – Malaysia’s state-owned oil and gas giant Petronas has completed its transaction for the acquisition of oil [...]
Russian oil production remains highMay 5, 2015 // 1 CommentMOSCOW – Russian oil and gas condensate production, among the world’s largest, remained at a post-Soviet record [...]
TORC oil and gas announces strategic acquisition in southeast SaskatchewanMay 5, 2015 // 3 CommentsALBERTA – TORC Oil & Gas Ltd. is pleased to announce that it has entered into an agreement to acquire high [...]
Shell acquires BG for record US$70 billionMay 5, 2015 // 2 CommentsShell today fired the first shot in the battle for survival among the last few members of an old, rarefied and insular [...]
Heads of three oil giants replacedMay 5, 2015 // 2 CommentsSHANGHAI – ggest energy companies, the firms said in separate statements, as speculation mounts over reforms to the [...]
Oil & Gas Industry Outlook – Spring 2015April 30, 2015 // 1 CommentCrude prices posted 46% annual loss in 2014; the biggest yearly fall since 2008. Such was the ferocity of the crash that [...]
Weir Group cuts cost as price of oil hit them hardApril 30, 2015 // 3 CommentsEngineering giant Weir Group is to implement further cost-cutting measures, including job losses, after a sharp fall in [...]