Abu Dhabi to invest over US$25 billion in offshore oilfields April 23, 2015 // 3 Comments ABU DHABI – Abu Dhabi plans to invest over US$25 billion in the next five years on boosting its oil production [...]
China seen sitting out big global oil & gas deals April 22, 2015 // 6 Comments There are many reasons why China’s biggest oil companies should be dusting off their files on acquisition targets: cheap [...]
CMS Opus divests all O&G investments, to amp up diversification strategy April 22, 2015 // 2 Comments CMS Opus Private Equity Sdn Bhd has completely divested from its oil & gas investments and will further focus on [...]
Surge in Oklahoma earthquakes linked to oil and gas waste wells April 22, 2015 // 3 Comments Oklahoma geologists have documented strong links between increased seismic activity in the state and the injection into the [...]
Countries and Oil Companies Agree to End Routine Gas Flaring April 21, 2015 // 1 Comment WASHINGTON D.C – Chief executives from major oil companies joined together today with senior government officials from [...]
BP oil spill claim pay-outs top $5 billion: 5 numbers to know April 20, 2015 // 4 Comments The administrator running the BP oil spill settlement says more than $5 billion has been paid to people and businesses [...]
Falling oil prices to benefit Indonesia’s biodiesel subsidy April 20, 2015 // 3 Comments The narrowing gap between Brent crude oil prices and palm oil will benefit Indonesia’s subsidy for biodiesel. According to [...]
U.S. oil rig count the lowest since 2010: Baker Hughes April 20, 2015 // 0 Comments The oil rig count in the US is at its lowest since 2010, and this could be due to a decline in crude prices which causes the [...]
MLV & Co. cuts staff as falling oil prices threatens business April 20, 2015 // 1 Comment One boutique investment bank is feeling the pinch from declining oil prices. According to sources, MLV & Co. plans to [...]
Banks now put-up stricter guidelines for oil and gas companies April 17, 2015 // 2 Comments Bank lenders are now stricter when it comes to lending money to energy companies. In recent months, [...]