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 [...]
BP oil spill claim pay-outs top $5 billion: 5 numbers to knowApril 20, 2015 // 4 CommentsThe 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 subsidyApril 20, 2015 // 3 CommentsThe 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 HughesApril 20, 2015 // 0 CommentsThe 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 businessApril 20, 2015 // 1 CommentOne 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 companiesApril 17, 2015 // 2 CommentsBank lenders are now stricter when it comes to lending money to energy companies. In recent months, [...]