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NOVATEK Reports Preliminary Operating Data for Nine Months 2017

NOVATEK Reports Preliminary Operating Data for Nine Months 2017

October 16, 2017 No Comments

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported preliminary operating data for the nine months 2017. NOVATEK’s marketable hydrocarbons production totaled 374.7 million barrels of oil equivalent (boe), including 46.03 billion cubic meters (bcm) of natural gas and 8,806 thousand tons of liquids (gas condensate and crude oil), resulting in a decrease in total hydrocarbons production […]

Quick Facts for American Islands

Quick Facts for American Islands

September 22, 2017 No Comments

American Samoa, Florida, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands State Energy Profiles has been updated with new monthly data, including series for electricity, petroleum, natural gas, and coal. Activities covered by those series include prices, supply, and consumption. In addition, new annual data are available for rotary rigs, as […]

Meeting of the German petroleum industry in Bochum

Meeting of the German petroleum industry in Bochum

September 20, 2017 No Comments

On Tuesday, 13 companies from the German petroleum industry came together at BP in Bochum to discuss the progress made in standardized data communications. Both refinery and tank terminal operators as well as IT service providers followed the invitation from international software and consulting firm Implico to attend the 13th IFLEXX/PIDX meeting. One of the […]

GE’s Mobile Water Solutions

August 31, 2017 No Comments

According to the World Resources Institute[1], Bahrain is one of the most water-stressed countries in the world and will continue to be through at least 2040. To save as much water as possible in the production of oil and eliminate the need to deliver water via tanker truck, the Bahrain Petroleum Company B.S.C. (Bapco) is […]

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Sinopec Corp. announces 2017 interim results

Sinopec Corp. announces 2017 interim results

August 30, 2017 No Comments

On August 28, China Petroleum & Chemical Corporation (“Sinopec Corp.” or “the Company”) announced its interim results for the six months ended 30 June 2017 in Hong Kong. In accordance with the International Financial Reporting Standards (IFRS), in the first half of 2017, the Company’s operating profit was RMB39,309 million. Profit attributable to owners of […]

KNPC to Invest $11.6 bln over five years

KNPC to Invest $11.6 bln over five years

August 30, 2017 No Comments

Kuwait National Petroleum Corp (KNPC) plans to spend around $11.6 billion (3.5 billion dinars) from 2018-2023, Kuwaiti newspaper Al Rai quoted the company’s chief executive as saying on Sunday. KNPC is developing the Clean Fuels Project that will upgrade and expand two of its largest refineries to make higher-value products such as diesel and kerosene […]

All NNPC Staff Kidnapped By Boko Haram Terrorists In Borno Rescued

All NNPC Staff Kidnapped By Boko Haram Terrorists In Borno Rescued

July 27, 2017 No Comments

The Nigerian Army has rescued all the staff of Nigerian National Petroleum Corporation (NNPC) kidnapped by Boko Haram terrorists during an ambush in Borno yesterday according to various media reports. Terrorists ambushed the military escort and oil workers, who were traveling in a convoy of about 10 vehicles at a village along Gubio and Magumeri […]

African Petroleum provides Corporate Update – The Gambia & Senegal

African Petroleum provides Corporate Update – The Gambia & Senegal

July 20, 2017 No Comments

African Petroleum provides the following corporate update covering its licence interests in The Gambia and Senegal, West Africa: Highlights • Exclusivity Agreement allowed to lapse to enable the Company to engage with other interested parties for the SOSP licence in Senegal and to provide flexibility in government discussions regarding the A1 and A4 licences in […]

Iran Eyes 10 Oil, Gas Deals by March 2018

Iran Eyes 10 Oil, Gas Deals by March 2018

July 17, 2017 No Comments

National Iranian Oil Company (NIOC) says the Rouhani administration has tasked the company to ink 10 major deals for developing oi land gas fields by the end of the current Iranian calendar year to March 20 2018. Gholamreza Manouchehri, deputy for development and engineering at the NIOC, said on Saturday that the company is preparing […]

ONGC Videsh to acquire interest in License 0037 Offshore Namibia

ONGC Videsh to acquire interest in License 0037 Offshore Namibia

July 14, 2017 No Comments

ONGC Videsh has signed definitive binding agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, on 28th June 2017 for acquiring 30% participating interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B and related agreements (License) out of Tullow’s existing participating interest of 65% in the […]

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