Refining helps BP and Total weather oil price stormApril 29, 2015 // 1 CommentLarge oil companies have closed down dozens of refineries in the past few years due to overcapacity. BP and Total reported [...]
Canada’s TORC Oil & Gas to buy Surge Energy assets for C$430 mlnApril 28, 2015 // 2 CommentsCanadian intermediate producer TORC Oil & Gas Ltd is buying light oil assets from Surge Energy Inc in the Canadian [...]
Mary Robinson: Developing nations must move rapidly beyond fossil fuelsApril 24, 2015 // 3 CommentsTackling climate change will require developing countries to move beyond fossil fuels far more quickly than the rich world [...]
PDVSA says Venezuela oil exports at 2.4-2.5 million bpdApril 23, 2015 // 2 CommentsORINOCO BELT – OPEC member Venezuela is currently exporting between 2.4-2.5 million barrels per day from national [...]
Argentina launches lawsuit against Falklands oil drillersApril 23, 2015 // 2 CommentsArgentina announced on Friday it had started legal proceedings in one of its own courts against five companies, including [...]
Abu Dhabi to invest over US$25 billion in offshore oilfieldsApril 23, 2015 // 3 CommentsABU 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 dealsApril 22, 2015 // 6 CommentsThere 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 strategyApril 22, 2015 // 2 CommentsCMS 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 wellsApril 22, 2015 // 3 CommentsOklahoma 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 FlaringApril 21, 2015 // 1 CommentWASHINGTON D.C – Chief executives from major oil companies joined together today with senior government officials from [...]