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 [...]
Govt clears air on testing method for oil, gas findsApril 30, 2015 // 1 CommentThe government on Wednesday approved a clear policy for testing oil and gas flows to determine commercial viability of [...]
ONGC makes important discovery at Krishna Godavari basinApril 30, 2015 // 0 CommentsNEW DELHI – State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it has made another significant oil and gas [...]
European Chemical Producers profitable for nowApril 29, 2015 // 5 CommentsHOUSTON – Crude oil price swings in recent months, combined with a devalued euro, have created a volatile, but [...]
Fossil fuel industry must change profoundly, says former Shell bossApril 29, 2015 // 0 CommentsThe former chairman of Shell UK has argued the entire oil and gas industry needs to “strengthen its voice” in its [...]
Leaked oil in Tauranga Harbour came from Mobil pipelineApril 29, 2015 // 1 CommentHeavy fuel oil spilled from a ship bunkering at the Port of Tauranga has washed up along the shores of the city’s [...]
Oil supply glut snuffs early rally on Mideast tension, dollarApril 29, 2015 // 1 CommentNEW YORK – Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as [...]