Gas to Liquids 2015
Posted On May 15 ,2015 - 05:18-AM | by admin

The Future of Gas to Liquids in the ‘New Reality”: latest updates from Velocys, Narkangan GTL, Primus Green Energy, ExxonMobil & Engineering, NiQuan Energy, Oberon Fuels… SMi Group Reports (2...

IMF Economic Counsellor and Director of Research Olivier Blanchard To Retire from the Fund
Posted On May 14 ,2015 - 05:23-PM | by admin

Mr. Olivier Blanchard, Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF), has notified IMF Managing Director Christine Lagarde of his intention to re...

Subsea 7 S.A. announces cost reduction programme
Posted On May 14 ,2015 - 05:07-PM | by admin

Subsea 7 S.A. (Oslo Børs: SUBC) announced that in view of the difficult business and economic conditions in the oil and gas market and declining workload, a programme of cost reduction measures will ...

Aminex Announces Completion of Competent Person’s Report
Posted On May 14 ,2015 - 05:14-AM | by admin

Kiliwani North 1 and Ntorya 1 wells attributed Contingent Resources Aminex announced that Senergy (GB) Limited (‘LR Senergy’), an independent oil and gas consultancy firm, has completed a technic...

Savannah Announces Update on R1/R2 Resource Potential
Posted On May 14 ,2015 - 05:29-AM | by admin

Savannah Petroleum, the Niger focused oil and gas company, provided an update on its technical assessment of the resource potential of the R1/R2 licence area. Highlights • Detai...

Eni Shareholders approve 2014 Financial Statements at Annual Meeting
Posted On May 14 ,2015 - 05:50-AM | by admin

The Ordinary Meeting of Eni’s Shareholders, held recently, resolved the following:

  1. to approve the financial statements at 31 December 2014 of Eni S.p.A. which report a net profit a...

Saudi Arabia Continues To Turn Screws On U.S. Shale
Posted On May 13 ,2015 - 05:53-AM | by admin

Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC's latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 mil...

IMF Staff Concludes 2015 Article IV Mission to Equatorial Guinea
Posted On May 12 ,2015 - 05:10-PM | by admin

A mission from the International Monetary Fund (IMF), led by Montfort Mlachila, visited Malabo from April 27 to May 12 to conduct the 2015 Article IV consultation discussions. At the conclusion of the...

AziNam Announces Government Approval of Operator Status in Namibia
Posted On May 12 ,2015 - 05:07-AM | by admin

AziNam Ltd. (“AziNam” or “the Company”), the offshore Namibia focused exploration company, announced that it has received government approval for it to assume operatorship of Petroleum Explora...

Changes in Corporate Structure and Top Management team at Statoil
Posted On May 12 ,2015 - 05:14-AM | by admin

Statoil (OSE:STL, NYSE:STO) appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members o...

BP selects Technip for the Thunder Horse South Expansion project in the Gulf of Mexico
Posted On May 12 ,2015 - 05:20-AM | by admin

Technip was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the so...

BG Group plc reports 2015 First Quarter Results
Posted On May 11 ,2015 - 05:42-PM | by admin

E&P production was 638 thousand barrels of oil equivalent per day (kboed), up 1% from the first quarter of 2014. Production in both Australia and Brazil more than doubled year-on-year to an average o...

WorleyParsons Awarded Contract
Posted On May 11 ,2015 - 05:16-PM | by admin

Saudi Aramco has awarded WorleyParsons a contract to provide project management services for its offshore program. WorleyParsons has been managing the Offshore PMC contract for Saudi Aramco for the...

Circle Oil Announce results of testing of the well SAH-W1 in the Sebou Permit
Posted On May 11 ,2015 - 05:08-PM | by admin

Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, announced the preliminary results of testing of the well SAH-W1 in the ...

Genie Energy Ltd. Reports First Quarter 2015 Results
Posted On May 11 ,2015 - 05:23-PM | by admin

Genie Energy Ltd. (NYSE: GNE, GNEPRA) reported first quarter 2015 revenue of $74.4 million, negative Adjusted EBITDA* of $0.4 million, and a net loss attributable to common stockholders of $2.4 millio...

PE-backed Canbriam making most of prolific Montney
Posted On May 11 ,2015 - 05:59-PM | by admin

The prolific nature of the Montney play in Western Canada continues to propel private equity oil and gas company Canbriam Energy to new heights, says company CEO and president Paul Myers

Noble Energy Announces Entry Into Eagle Ford And Permian
Posted On May 11 ,2015 - 05:32-AM | by admin

Noble Energy, Inc. (Noble Energy) (NYSE: NBL) and Rosetta Resources Inc. (Rosetta) (NASDAQ: ROSE) today announced a definitive merger agreement whereby Noble Energy will acquire all of the common stoc...

Neste Jacobs Awarded Project Management and Inspection Services contract by SOCAR in Azerbaijan
Posted On May 11 ,2015 - 05:19-AM | by admin

Technology, engineering and project management company Neste Jacobs and SOCAR, the State Oil Company of the Azerbaijan Republic have signed an agreement, where Neste Jacobs will act as Project Managem...

David V. Goliath: Small-Cap Tech To Save Giant Coal
Posted On May 07 ,2015 - 05:17-PM | by admin

The Environmental Protection Agency's (EPA) new mercury pollution regulations that took effect last month opened the flood gates for a new multi-billion-dollar energy industry that has investors scram...

Sterling Energy Updates on Ampasindava Block, Madagascar
Posted On May 07 ,2015 - 05:28-AM | by admin

Sterling Energy Plc, the AIM listed oil and gas exploration company (AIM: SEY) (the “Company”), provides the following update for the Ampasindava block, offshore Madagascar (the “Ampasindava Blo...

Qatar Petroleum Invites Bids for Al-Shaheen Oil Field Operation and Development
Posted On May 07 ,2015 - 05:52-AM | by admin

Qatar Petroleum (QP) has issued invitations to a group of leading international oil & gas companies to compete for the future operation and development of Al-Shaheen oil field starting in mid-2017. Th...

Maersk Oil Announce Update on Al Shaheen long term development
Posted On May 07 ,2015 - 05:00-AM | by admin

Qatar Petroleum has initiated an evaluation process for the selection of a partner to undertake the future development of the Al Shaheen field, as the current agreement expires mid-2017. Maersk Oil...

Fine Tubes Wins Approval As KNPC Vendor
Posted On May 06 ,2015 - 05:18-PM | by admin

Fine Tubes, a leader in the manufacture of precision tubing for critical applications across a range of global markets, announced that it has been approved as a vendor by the Kuwait National Petroleum...

GE technology and services to support conversion of Golar LNG floating liquefaction vessel
Posted On May 06 ,2015 - 05:38-PM | by admin

GE (NYSE:GE) announced today that it has been chosen by Black & Veatch to deliver refrigeration compression equipment including GE PGT25+G4 DLE gas turbines and GE 2BCL compressors for Golar LNG Limi...

Dana Gas Announce Q1 2015 Results
Posted On May 06 ,2015 - 05:31-PM | by admin

Dana Gas, the Middle East largest regional private sector natural gas Company announced its financial results for the first quarter ended 31 March 2015. First quarter 2015 group production remained...

Occidental Petroleum Announces 1st Quarter 2015 Results
Posted On May 06 ,2015 - 05:19-PM | by admin

Occidental Petroleum Corporation (NYSE:OXY) announced core income for the first quarter of 2015 of $31 million ($0.04 per diluted share), compared with $560 million ($0.72 per diluted share) for the f...

Lamprell delivers new jackup drilling rig to Abu Dhabi's National Drilling Company
Posted On May 05 ,2015 - 05:41-PM | by admin

Lamprell (ticker: LAM), announced the completion of construction on the jackup drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC) safely and within budget...

IMF Executive Board Concludes 2015 Article IV Consultation with Oman
Posted On May 05 ,2015 - 05:08-PM | by admin

On April 30, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Oman[1] and considered and endorsed the staff appraisal without a meeting.[2] T...

Noble Energy Announces First Quarter 2015 Results
Posted On May 05 ,2015 - 05:21-PM | by admin

Noble Energy, Inc. (NYSE:NBL) announced today a first quarter 2015 net loss of $22 million, or $0.06 per diluted share. Excluding the impact of certain items, which would typically not be considere...

Erin Energy Starts Oyo field production, offshore Nigeria
Posted On May 05 ,2015 - 05:40-AM | by admin

Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT: ERN) announced it has commenced production from the Oyo-8 well (“Oyo-8”) located in OML 120 offshore Nigeria. Erin Energ...

Ophir appoints Golar LNG as midstream partner for Fortuna FLNG Project in Equatorial Guinea
Posted On May 05 ,2015 - 05:07-AM | by admin

Ophir Energy plc (“Ophir” or “the Company”) announces it has signed a binding heads of terms for a midstream chartering and operating services agreement with Golar LNG (“Golar”) with the a...

Eni starts production at Kizomba project, in Angola
Posted On May 05 ,2015 - 05:12-AM | by admin

Eni started production of the Kizomba Satellites Phase 2 project in the Block 15, offshore Angola, ahead of schedule. The project Kizomba Satellite Block 15 is a subsea development of the Kakocha, B...

Chevron Updates on Ecuador Litigation
Posted On May 05 ,2015 - 05:01-AM | by admin

Another Key Funder of Fraudulent Ecuador Litigation Against Chevron Withdraws Support Chevron Corporation (NYSE: CVX) has reached a settlement agreement with Woodsford Litigation Funding Limited, a...

Zion Oil & Gas Extends the Stock Unit Option Program
Posted On May 05 ,2015 - 05:40-AM | by admin

Zion Oil & Gas, Inc. (NASDAQ GM: ZN) (“Zion”) announced the extension of the Unit Option under the unit program. Under our Dividend Reinvestment and Common Stock Purchase Plan (“DSPP” or the ...

EON Reality Inc. Awarded License For Immersive 3D Operator Training Simulator Technology
Posted On May 05 ,2015 - 05:36-AM | by admin

ExxonMobil Awards License to EON Reality For Immersive 3D Operator Training Simulator Technology ExxonMobil Research Qatar (EMRQ) announced that ExxonMobil has awarded a global c...

Chevron Reports First Quarter Net Income of $2.6 Billion
Posted On May 01 ,2015 - 05:10-PM | by admin

Chevron Corporation (NYSE: CVX) today reported earnings of $2.6 billion ($1.37 per share – diluted) for first quarter 2015, compared with $4.5 billion ($2.36 per share – diluted) in the 2014 first...

Repsol announces to shareholders that the integration of Talisman will become effective from May 8th
Posted On May 01 ,2015 - 05:30-PM | by admin

Repsol Chairman Antonio Brufau and the company's CEO, Josu Jon Imaz, presented the review of 2014 and the highlights of the year so far at the Annual General Shareholder's Meeting. Brufau announced...

BHP Billiton awarded two exploration licences offshore Barbados
Posted On May 01 ,2015 - 05:58-PM | by admin

The Government of Barbados and BHP Billiton signed exploration licences for two offshore blocks, Carlisle Bay and Bimshire. These blocks are approximately 40 kilometres southeast of the island nati...

Technip dividend for financial year 2014
Posted On May 01 ,2015 - 05:24-PM | by admin

At the Annual General Meeting, held April 23, 2015, Technip's shareholders approved the proposed €2.00 per share dividend for the 2014 financial year and decided to offer shareholders an option to r...

The Board of Afren announces its results for the year ended 31 December 2014
Posted On May 01 ,2015 - 05:22-PM | by admin

Net production excluding Barda Rash of 31,819 bopd, slightly below the full year guidance range of between 32,000 - 36,000 bopd. Year-on-year reduction of 32% due to cost recovery at Ebok and delays w...

CME Group Inc. Reports Strong First-Quarter 2015 Financial Results
Posted On Apr 30 ,2015 - 04:35-PM | by admin

CME Group Inc. (NASDAQ: CME) reported revenues of $843 million and operating income of $507 million for the first quarter of 2015. Net income attributable to CME Group was $330 million. GAAP and ad...

Ophir Announce Completion of Acquisition of four Deepwater Production Sharing Contracts (“PSCs”)
Posted On Apr 30 ,2015 - 04:32-PM | by admin

Ophir Energy plc (“Ophir” or “the Company”) announces that it has completed the acquisition of four deepwater Production Sharing Contracts (“PSCs”) in Indonesia from Niko Resources (“Nik...

Kizomba Satellites Phase 2
Posted On Apr 30 ,2015 - 04:49-PM | by admin

Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites...

Statoil completes sale of 15.5% share in Shah Deniz to PETRONAS
Posted On Apr 30 ,2015 - 04:33-PM | by admin

Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on 13 October 2014. The sale involved the transfer of Statoil’s 15.5% participating inter...

Eni is the Official Partner for Sustainability Initiatives in African Countries, Expo Milano 2015
Posted On Apr 30 ,2015 - 04:08-PM | by admin

Eni is the Official Partner for Sustainability Initiatives in African Countries at Expo Milano 2015, the world fair that will be hosted by Italy from May 1st to October 31st, and the largest ever even...

ExxonMobil Earns $4.9 Billion in First Quarter of 2015
Posted On Apr 30 ,2015 - 04:07-PM | by admin

Exxon Mobil Corporation today announced estimated first quarter 2015 earnings of $4.9 billion, or $1.17 per diluted share, compared with $9.1 billion a year earlier, demonstrating the value of the com...

Assessing 2014 oil and gas company financials
Posted On Apr 30 ,2015 - 04:20-PM | by admin

A review of the cash flow statements for 75 global oil and natural gas companies finds that annual cash flow in 2014 was similar to 2013 and 2012, which is not unexpected given that North Sea Brent cr...

Tesla Could Be Changing The Dynamics Of Global Energy
Posted On Apr 30 ,2015 - 04:36-PM | by admin

Tesla's announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individuals...

Chevron Announces Quarterly Dividend
Posted On Apr 30 ,2015 - 04:33-AM | by admin

The Board of Directors of Chevron Corporation (NYSE:CVX) declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable June 10, 2015, to holders of common stock as shown on th...

Exxon Mobil Corporation Declares Second Quarter Dividend
Posted On Apr 30 ,2015 - 04:08-AM | by admin

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) declared a cash dividend of 73 cents per share on the Common Stock, payable on June 10, 2015 to shareholders of record of Common Stock at t...

Solo pursuing marginal field opportunities in Nigeria through acquisition of Shares in Burj Africa
Posted On Apr 30 ,2015 - 04:44-AM | by admin

Solo Oil plc announced that it has exchanged its shareholding in Pan Minerals Oil and Gas AG ("Pan Minerals") for a direct holding of 15.9% in Burj Petroleum Africa Limited ("Burj Africa"), a private ...

Eni starts production of Cinguvu offshore field at West Hub Development in Angola
Posted On Apr 30 ,2015 - 04:08-AM | by admin

Eni started production two weeks ahead of schedule at the Cinguvu oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometres northwest o...

Aker Solutions ASA Release First-Quarter Results 2015
Posted On Apr 30 ,2015 - 04:22-AM | by admin

Reported Sales of NOK 8.5 billion in 1Q 2015 vs NOK 7.5 billion in 1Q 2014 Financial Highlights • Earnings before interest, taxes, depreciation and amortization (EBITDA) NOK...

New Executive Vice President and New Chief Accounting Officer At Anadarko
Posted On Apr 30 ,2015 - 04:42-AM | by admin

Anadarko Petroleum Corporation (NYSE: APC) announced its Board of Directors has named Darrell E. Hollek as Executive Vice President, U.S. Onshore Exploration and Production, effective...

Have Natural Gas Prices Bottomed?
Posted On Apr 30 ,2015 - 04:40-AM | by admin

Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings. Just like Chesapeake (CHK), they reduced natural gas output, but ...

Tullow Announce AGM Trading Update
Posted On Apr 30 ,2015 - 04:28-AM | by admin

Tullow Oil plc (Tullow) issues the following trading update, for the period 1 January to 30 April 2015. This statement is issued in advance of the Group’s Annual General Meeting which is being held ...

Songa Offshore Announces Changes to the Board of Directors
Posted On Apr 30 ,2015 - 04:15-AM | by admin

The Board of Songa Offshore SE (the "Company") is pleased to announce that Ron Blakely has been appointed as a Director of the Company. Mr. Ronald Blakely is a former executive who...

TORC Oil & Gas Announce Strategic Acquisition in southeast Saskatchewan
Posted On Apr 28 ,2015 - 04:31-PM | by admin

TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX:TOG) announced that it has entered into an agreement to acquire high quality, light oil assets which are complementary to TORC’s existing a...

Akastor ASA Release First Quarter Results 2015
Posted On Apr 28 ,2015 - 04:42-PM | by admin

The first quarter has been characterized by significant challenges for MHWirth, as the company is adapting to the current market situation. Overall, the remaining portfolio companies have had satisfac...

Total announces its first quarter 2015 interim dividend
Posted On Apr 28 ,2015 - 04:10-PM | by admin

The Board of Directors of Total met on April 27, 2015, and approved a first quarter 2015 interim dividend of 0.61 euros per share. This interim dividend, unchanged compared to the first quarter of 201...

Technip wins PMC contract for the Basra Refinery Upgrading project
Posted On Apr 28 ,2015 - 04:44-PM | by admin

Technip, in partnership with UNICO, a Japanese engineering consultant, was awarded a Project Management Consultancy (PMC) contract on a reimbursable basis, for the upgrading of the Basra refinery. Thi...

Seplat Announce Interim management statement and consolidated interim financial results for the first quarter ended 31 March 2015
Posted On Apr 28 ,2015 - 04:13-PM | by admin

Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange, announced...

Kosmos Energy Announce Gas Discovery Offshore Mauritania
Posted On Apr 28 ,2015 - 04:22-PM | by admin

Kosmos Energy (NYSE: KOS) announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania...

Petroceltic Announce Award of Rig Contract for the Ain Tsila Project
Posted On Apr 27 ,2015 - 04:11-AM | by admin

Petroceltic International plc (AIM: PCI) ("Petroceltic" or the "Company"), the oil and gas exploration, development and production company focused on the Middle East, North Africa and the Mediterranea...

Ghana and Côte d’Ivoire Maritime Boundary Arbitration Update
Posted On Apr 27 ,2015 - 04:38-AM | by admin

The Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg has rejected Côte d’Ivoire’s request that Ghana be ordered to suspend all oil exploration and exploitati...

ExxonMobil Marks 15 Years Fighting Malaria
Posted On Apr 24 ,2015 - 04:59-PM | by admin

ExxonMobil today announced $10 million in new grants to mark World Malaria Day, continuing the company’s 15-year commitment to fighting a disease that is preventable and treatable, yet still kills m...

CNOOC Limited Announces Key Operational Statistics for Q1 2015
Posted On Apr 24 ,2015 - 04:45-PM | by admin

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the first quarter of 2015. Total net production in the first quarter of 2015 i...

CNOOC announce Kenli 10-1 Oilfield Commences Production
Posted On Apr 24 ,2015 - 04:54-PM | by admin

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Kenli 10-1 oilfield has commenced production. The Kenli 10-1 oilfield is located in the South of Bohai with a...

OneSubsea Awarded Contract for BP West Nile Delta Taurus Libra Development, Egypt
Posted On Apr 24 ,2015 - 04:10-PM | by admin

OneSubsea®, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB) company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development o...

CAMAC Energy Inc. is now Erin Energy Corporation (“Erin Energy”)
Posted On Apr 24 ,2015 - 04:23-PM | by admin

CAMAC Energy Inc. (NYSE MKT:CAK) (the “Company”) will implement a reverse stock split of its common stock pursuant to which each six shares of common stock will be converted into one share of comm...

Oil Price War May Benefit Both US Shale And Saudi Arabia
Posted On Apr 24 ,2015 - 04:49-PM | by admin

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump...

Neste Oil's Interim Report for January-March 2015
Posted On Apr 24 ,2015 - 04:41-PM | by admin

Excellent start for the year as a result of strong refining market and good internal performance First quarter in brief: •Comparable operating profit totaled EUR 215 million (Q1/2014: EUR 50 mil...

New Insight on Ground Shaking from Man-Made Earthquakes
Posted On Apr 24 ,2015 - 04:18-PM | by admin

Significant strides in science have been made to better understand potential ground shaking from induced earthquakes, which are earthquakes triggered by man-made practices. Earthquake activity has ...

Where Investors Should Be Looking When Oil Recovers
Posted On Apr 23 ,2015 - 04:37-AM | by admin

Is This Where Investors Should Be Looking When Oil Recovers? When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and ne...

Win the APO Energy Media Awards and travel to Dubai to attend the Africa Energy Forum
Posted On Apr 22 ,2015 - 04:00-PM | by admin

APO will offer transport, accommodation and perdiem for the first-place winner to attend the Africa Energy Forum held in Dubai from 8-11 June 2015 APO (African Press Organization) , the sole press ...

Noble Energy Reaches Agreement With Federal And State Regulators To Improve Air Emission Controls In DJ Basin Operations
Posted On Apr 22 ,2015 - 04:08-AM | by admin

Noble Energy, Inc. (NYSE: NBL) today announced an agreement with the U.S. Environmental Protection Agency (EPA), the U.S. Department of Justice (DOJ) and the State of Colorado to improve emission cont...

Det norske completes Geo pilot wells
Posted On Apr 22 ,2015 - 04:51-AM | by admin

Det norske has as operator of the Ivar Aasen field completed drilling of two geo pilot wells. The operation increases the understanding of the reservoir and provides valuable information for location ...

CGG Acquires Taurus Reservoir Solutions
Posted On Apr 22 ,2015 - 04:38-AM | by admin

CGG announced today that its GeoConsulting Business Line has acquired Taurus Reservoir Solutions Ltd., based in Calgary. Taurus offers reservoir and geomechanical simulation and engineering technology...

Statoil Announce Increased cooperation on exploration in the Barents Sea
Posted On Apr 21 ,2015 - 04:45-AM | by admin

Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea. Bilde The Barents Sea Exploration Collaboration will initi...

BG Group revises format and content of financial disclosures
Posted On Apr 21 ,2015 - 04:41-AM | by admin

BG Group (LSE: BG.L), a world leader in exploration and LNG, today announces a number of revisions to the format and content of the Group's financial disclosures to be incorporated in the Group's resu...

Chariot Announce Update on Moroccan Portfolio
Posted On Apr 21 ,2015 - 04:23-AM | by admin

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today provides an update on its Rabat Deep, Loukos and Mohammedia permits, offshore Morocco. Rab...

Zion Oil & Gas Appoints New Board Director
Posted On Apr 21 ,2015 - 04:25-AM | by admin

Zion Oil & Gas, Inc. (NASDAQ GM: ZN) (“Zion” or “Company”) today announced the appointment of a new director to its Board of Directors (“Board”). Mr. Dustin L. Guinn has been appointed ...

Technip’s subsidiary Tipiel awarded a contract for a new gas pipeline in Peru
Posted On Apr 21 ,2015 - 04:43-AM | by admin

Tipiel(1) S.A., Technip’s subsidiary in Colombia, was awarded by the Consorcio Constructor Ductos del Sur(2), a front-end engineering design and detailed engineering design contrac...

ExxonMobil President Calls for Urgent Action on U.S. Liquefied Natural Gas (LNG) Exports
Posted On Apr 20 ,2015 - 04:25-PM | by admin

The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves to approve liquefied natural gas (L...

Eni Sees record level of production achieved in the Western Desert of Egypt
Posted On Apr 20 ,2015 - 04:21-PM | by admin

Eni reached a record level of production of 70 thousand barrels of oil per day in the Western Desert of Egypt, doubling its level of production in the area in just three years. Such result was achieve...

Repsol makes new gas discovery in Algeria
Posted On Apr 20 ,2015 - 04:43-PM | by admin

Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria. The discovery in Tan Emellel Sud-Ouest-2 (TESO-2) exploration well in the Sud-Est Illizi block is the continua...

Has The U.S. Reached "Peak Oil" At Current Price Levels?
Posted On Apr 20 ,2015 - 04:19-AM | by admin

Last night the EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output. The c...

Petrobras Updates on Loan Contracts and Divestment Plan
Posted On Apr 20 ,2015 - 04:53-AM | by admin

Petrobras announces concluded negotiations on the following loan contracts:

  • R$ 4.5 billion export note with Banco do Brasil through its subsidiary BR Distribuidora for a 6-year period.
  • ...

    Gas Flaring, A Burning Issue in the Middle East
    Posted On Apr 20 ,2015 - 04:37-AM | by admin

    Industry peers from oil and gas industry to discuss the importance of flare gas recovery in Abu Dhabi. Middle East being the second largest region after Russia to have the largest gas reserves, it...

    Mart Resources Provides Updates on Umusadege field for February 2015
    Posted On Apr 17 ,2015 - 04:17-PM | by admin

    Mart Resources, Inc. (TSX: MMT) (“Mart” or the “Company”) and its coventurers, Midwestern Oil and Gas Company Limited (“Midwestern”, Operator of the Umusadege field) and S...

    Statoil committed to end routine flaring by 2030
    Posted On Apr 17 ,2015 - 04:04-PM | by admin

    Statoil and several other oil companies and nations joined together today to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Sætre...

    GE Grows Gas Compression Power Packager Program
    Posted On Apr 17 ,2015 - 04:25-PM | by admin

    GE’s Distributed Power business (NYSE: GE) has expanded its new Gas Compression Power Packager program by adding Propak Systems Ltd. as a new participant at the Platinum Level. The program is design...

    Rolls-Royce Powers the World’s Longest Journey by LNG at Sea
    Posted On Apr 17 ,2015 - 04:06-PM | by admin

    A Rolls-Royce pure-gas engine has propelled Nor Lines’ Kvitbjørn today into the history books by becoming the world’s first vessel to operate between Asia and Europe solely on liquefied natural g...

    Roxi Petroleum Enters Agreement to raise USD20 million
    Posted On Apr 17 ,2015 - 04:03-AM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announced it has entered into a subscription agreement to raise $20m at above the current market price. The Company has enter...

    Sound Oil Gets Final EIA Approval on Nervesa Field
    Posted On Apr 17 ,2015 - 04:14-AM | by admin

    Sound Oil, the European / Mediterranean focused upstream oil and gas company, announced receipt of the final approval of the Environmental Impact Assessment ("EIA") for the Nervesa field production co...

    Oilex announce updates on Cambay field, onshore India
    Posted On Apr 17 ,2015 - 04:12-AM | by admin

    Cambay Field – Reserves and Contingent Resources X and Y Zones – Summary C-77H-Oil SampleGross Proved + Probable (2P) Reserves of 206 Bcf gas and 8.0 MMbbls of condensate (C5+) in the Y zone ...

    Petrobras confirms good productivity of Sergipe Basin’s Farfan reservoirs
    Posted On Apr 17 ,2015 - 04:37-AM | by admin

    Petrobras announces it has completed the formation test (evaluation of an oil deposit’s potential) on well 3-BRSA-1286-SES (ANP nomenclature), located in concession BM-SEAL-11, in ultra-deep waters ...

    Schlumberger Announces First-Quarter 2015 Results
    Posted On Apr 17 ,2015 - 04:51-AM | by admin

    First-quarter revenue of $10.2 billion decreased 19% sequentially • First-quarter EPS of $1.06, excluding charges and credits, declined 29% sequentially • First-quarter free cash flow of $1.2 bi...

    Santos narrows GLNG start date
    Posted On Apr 17 ,2015 - 04:18-AM | by admin

    Santos announced its GLNG project is approaching 95% complete and is expected to produce first LNG around the end of the third quarter this year. Previous guidance for first LNG was in the second h...

    Lundin Discover First oil from the Bertam field, offshore Malaysia
    Posted On Apr 16 ,2015 - 04:18-PM | by admin

    Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has achieved first oil from the Bertam field on the 5th April 2015. The Bertam field has commence...

    Valemon gas and condensate field in the North Sea officially opened
    Posted On Apr 16 ,2015 - 04:34-AM | by admin

    Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent...

    Technip awarded FEED contract for the Liuhua fields in the South China Sea
    Posted On Apr 16 ,2015 - 04:20-AM | by admin

    Technip and its consortium partner China Offshore Oil Engineering Company (COOEC) have been awarded a front end engineering design (FEED) contract by China National Offshore Oil Corporation Limited (C...

    Total’s French Refining Roadmap
    Posted On Apr 16 ,2015 - 04:40-AM | by admin

    Total today presented its French refining roadmap to employee representatives. The plan is designed to give each Total’s refining site in France the means to resist in a volatile environment and per...

    HIRING PLANS IMPACTED AS COMPANIES IMPLEMENT COST SAVING MEASURES.
    Posted On Apr 15 ,2015 - 04:25-PM | by admin

    The Hays Oil & Gas Global Job Index for the first quarter traditionally sees a bounce back as hiring restarts after the holiday season slowdown in the previous quarter. However, due to the downturn in...

    The Game-Changing Water Revolution
    Posted On Apr 15 ,2015 - 04:11-AM | by admin

    James Stafford of Oilprice.com Interviews with Stanley Weiner, CEO of STW Resources Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas a...

    Allied International UK Ltd expand Teesside Branch
    Posted On Apr 14 ,2015 - 04:54-AM | by admin

    Allied International UK Ltd announce the appointments of two new key personnel to the Teesside Branch. Mr Stewart Hopes and Mr Sean Steinmetz are welcomed to the team, bringing an extra in-depth kno...

    Technip wins subsea contract on Triton FPSO
    Posted On Apr 14 ,2015 - 04:32-AM | by admin

    Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPS...

    Subsea 7 S.A. awarded contract offshore Brazil
    Posted On Apr 14 ,2015 - 04:36-AM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC) has been awarded a contract worth approximately USD$200 million with a duration of approximately two years. The contract is for the installation of flexible lines fo...

    Ophir Energy appoints WorleyParsons for Equatorial Guinea FLNG development
    Posted On Apr 14 ,2015 - 04:03-AM | by admin

    WorleyParsons announces the award by Ophir Equatorial Guinea (Block R) Limited of an agreement for provision of engineering and project management services for their Equatorial Guinea Block R Project ...

    Eco-Engineering Solutions Chooses Paradigm Sysdrill for Well Planning and Drilling Engineering
    Posted On Apr 13 ,2015 - 04:17-PM | by admin

    Paradigm® today announced that Eco-Engineering Solutions, an independent, Houston-based provider of consulting and outsourcing services for Drilling Engineering and Well Operations, has adopted Sysdr...

    Noble Energy Announces Acreage Addition In The Falkland Islands
    Posted On Apr 13 ,2015 - 04:49-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that it has acquired a 75 percent interest and operatorship of the PL001 License in the North Falkland Basin from Argos Resources Limited. The PL001 Lic...

    Shell concludes sale of 185 service stations across the UK
    Posted On Apr 13 ,2015 - 04:52-PM | by admin

    Shell UK announced it has accepted offers for the sale of 185 company-owned service stations to selected independent dealers and has exchanged contracts for 158 of these service stations. Through ...

    Aker Solutions and Fjords Processing Form Alliance
    Posted On Apr 13 ,2015 - 04:54-PM | by admin

    Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topsid...

    Another gas discovery in the Aasta Hansteen area
    Posted On Apr 13 ,2015 - 04:11-PM | by admin

    Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. ...

    Energy Investors Create One Stop Shop Website, For Oil and Gas Industry
    Posted On Apr 13 ,2015 - 04:11-AM | by admin

    Oklahoma City based Cambridge Energy Consultants and Triad Capital LLC have combined efforts and developed a one stop shop website, productionBrokers.com, providing oil and gas industry related compan...

    Apache agrees sell its Australian subsidiar for $2.1bn
    Posted On Apr 10 ,2015 - 04:08-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limite...

    Apache Completes Sale of Kitimat LNG
    Posted On Apr 10 ,2015 - 04:09-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of its 50 percent interest in the Kitimat LNG project and related upstream acreage in the Hor...

    Tethys Announce Corporate Update
    Posted On Apr 10 ,2015 - 04:44-PM | by admin

    Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") has provided a corporate update to shareholders. Highlights: -- Q1 2015 gas production achieved was the highest quarter...

    Faroe Announces Results of Skirne East (Shango) exploration well
    Posted On Apr 10 ,2015 - 04:39-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the results of the Skirne ...

    Shell publishes 2014 Sustainability Report
    Posted On Apr 10 ,2015 - 04:24-PM | by admin

    Royal Dutch Shell has published its Sustainability Report for 2014, which describes how it is working responsibly to help meet the world’s growing demand for energy. The 2014 Sustainability Repor...

    Woodside Announce Gas Discovery at Pyxis-1
    Posted On Apr 09 ,2015 - 04:30-PM | by admin

    Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total ...

    Statoil makes oil discovery in Gulf of Mexico
    Posted On Apr 09 ,2015 - 04:47-PM | by admin

    Statoil announced today that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM). “The Yeti discovery expands the proven sub-salt Miocene play further so...

    Hess Hosts Bipartisan Congressional Delegation in the Gulf of Mexico
    Posted On Apr 09 ,2015 - 04:23-PM | by admin

    Hess Corporation (NYSE:HES) will host a visit today of a bipartisan Congressional Delegation to its Tubular Bells oil and gas production facility, located in the Mississippi Canyon area of the deepwat...

    Madalena announces 860 BOE/D Loma Montosa Horizontal Well Test at Puesto Morales
    Posted On Apr 09 ,2015 - 04:30-AM | by admin

    Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) announced it has recently completed the testing of an operated horizontal multi frac well (PMS-1135(h)) in the Loma Montos...

    Sterling Energy completes acquisition of Murphy's interest in the Ntem Concession
    Posted On Apr 09 ,2015 - 04:21-AM | by admin

    Sterling Energy Plc, the AIM listed oil and gas exploration company (AIM: SEY), provided an update on the transaction between its wholly owned subsidiary Sterling Cameroon Limited (“Sterling”) and...

    Media Myths On Oil Prices
    Posted On Apr 09 ,2015 - 04:39-AM | by admin

    The upstream oil and gas industry is not a black hole. There's no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There's a constantly evolvin...

    How Much Longer Can OPEC Hold Out?
    Posted On Apr 09 ,2015 - 04:53-AM | by admin

    OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. When OPEC speaks, the world listens in rapt atte...

    SacOil announce loan settlement agreement with Energy Equity Resources Norway Limited (EERNL)
    Posted On Apr 09 ,2015 - 04:05-AM | by admin

    SacOil Holdings Limited (SacOil) today announced it has entered into a loan settlement agreement with Energy Equity Resources Norway Limited (EERNL) which enhances the company’s ability to recover l...

    Chevron Thailand Announces $30 Million Thailand Partnership Initiative
    Posted On Apr 08 ,2015 - 04:37-PM | by admin

    Chevron Thailand Exploration and Production, Ltd. (Chevron Thailand), announced a $30 million commitment to create the Thailand Partnership Initiative (TPI), a five-year program to strengthen Thailand...

    Afren Responds to AMNI’s allegations regarding Okoro Field
    Posted On Apr 08 ,2015 - 04:36-AM | by admin

    Afren plc (“Afren” or the “Company”) (LSE: AFR) notes the press reports regarding the purported termination by AMNI Petroleum Development Company (“AMNI”) of the Production Sharing and Tec...

    Royal Dutch Shell plc Make Recommended Cash and Share Offer for BG Group plc
    Posted On Apr 08 ,2015 - 04:15-AM | by admin

    The Boards of Royal Dutch Shell plc and BG Group plc are pleased to announce that they have reached agreement on the terms of a recommended cash and share offer to be made by Royal Dutch Shell plc for...

    Equatorial Guinea ratifies new ExxonMobil exploration agreement
    Posted On Apr 07 ,2015 - 04:49-PM | by admin

    The Ministry of Mines, Industry and Energy of Equatorial Guinea announced the Ratification of Production Sharing Contract for Block EG-06 by the government of Equatorial Guinea. The contract was s...

    Afren Responds to reports regarding CEO
    Posted On Apr 07 ,2015 - 04:20-PM | by admin

    Afren plc (“Afren” or the “Company”), (LSE: AFR) notes the press reports that Alan Linn is proposed to be appointed as the new CEO of the Company. Afren confirms that Alan Linn is current...

    Israel’s Energy Minister Grants Megiddo-Jezreel License Annexation for Zion Oil & Gas
    Posted On Apr 02 ,2015 - 04:07-PM | by admin

    Zion Oil & Gas, Inc. (“Zion” or “Company”) (NASDAQ ZN) announced that, on March 29, 2015, the State of Israel's Minister of Infrastructure, Energy and Water Resources (the “Energy Minister...

    Saipem Announces Joint Venture with Dangote Group
    Posted On Apr 02 ,2015 - 04:09-PM | by admin

    Saipem has entered into a Joint Venture with Dangote Group, one of Africa’s leading companies, to create a new company named Saipem Dangote E&C. Saipem Dangote E&C is a significant new player in ...

    Neste Oil Announce safety award for its contractors
    Posted On Apr 02 ,2015 - 04:42-AM | by admin

    Neste Oil has decided to establish a safety award for its contractor companies. The award will be granted annually to a contractor that has improved its safety practices, worked diligently for safety ...

    Is Warren Buffett Wrong About Oil Stocks?
    Posted On Apr 02 ,2015 - 04:08-AM | by admin

    Recently, Warren Buffett has made headlines by selling all of his shares in Exxon Mobil (NYSE: XOM), the rest of his position in ConocoPhillips (NYSE:COP), and reducing his stake in National Oilwell V...

    Can Argentina Capitalize On Its Vast Shale Reserves?
    Posted On Apr 01 ,2015 - 04:31-PM | by admin

    Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the na...

    Petrobras Announce Cooperation with China Development Bank
    Posted On Apr 01 ,2015 - 04:20-PM | by admin

    Petrobras announces that it has executed today with China Development Bank Corporation – CDB the first Facility Agreement of a cooperation arrangement to be implemented during 2015 and 2016. The Agr...

    Afren Issues Update on interim funding
    Posted On Apr 01 ,2015 - 04:51-PM | by admin

    As announced on 13 March 2015, the Company has entered into a conditional agreement with noteholders representing approximately 42% of the outstanding principal amount due under its 2016 Notes, 2019 N...

    Neste Oil to drop "Oil" from its name
    Posted On Apr 01 ,2015 - 04:49-PM | by admin

    Neste Oil's Annual General Meeting decided on April 1, 2015, that the company's name will be changed to Neste Corporation. The change of name illustrates the changes that have taken place in the compa...

    African Petroleum issue update on Licence Blocks SL-03 and SL-4A-10 in Sierra Leone
    Posted On Apr 01 ,2015 - 04:38-AM | by admin

    African Petroleum, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, is pleased to announce an update to its prospective oil resources at it...

    Versalis and LOTTE Chemical strengthen presence within the Asian market
    Posted On Apr 01 ,2015 - 04:29-AM | by admin

    Versalis (Eni), a global leading producer in the elastomers industry, and LOTTE Chemical, a major petrochemical company in South Korea, announced today to have extended their cooperation in the elasto...

    SacOil Announce Termination of participation in Oil Prospecting Licence 281
    Posted On Apr 01 ,2015 - 04:59-AM | by admin

    In compliance with JSE Limited (“JSE”) Listings Requirement 3.9, an issuer who has published a cautionary announcement must provide updates thereon in the required manner and within the time limit...

    Neste Oil's Oil Retail business area reorganizing to improve customer service and enhance operations
    Posted On Apr 01 ,2015 - 04:08-AM | by admin

    "The primary objective is to achieve business growth. To facilitate growth, we must be agile, improve our understanding of customers' needs, produce a convenient customer experience, and boost our sal...

    Petróleo Brasileiro S.A Announce Sale of Assets in Argentina
    Posted On Mar 31 ,2015 - 03:29-PM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces that the Board of Directors of Petrobras Argentina (PESA) has approved to dispose of all of its assets located in the Austral Basin, in the Santa Cruz...

    Chevron, Vice Chairman and Executive Vice President, Upstream, to Retire
    Posted On Mar 31 ,2015 - 03:53-PM | by admin

    Chevron Corporation (NYSE:CVX) confirmed today that George L. Kirkland, vice chairman and executive vice president, Upstream, will retire from the company, effective June 15. He will be succeeded by J...

    EIA rolls out monthly data on crude oil movements by rail
    Posted On Mar 31 ,2015 - 03:04-PM | by admin

    For the first time, EIA is providing monthly data on rail movements of crude oil, which have significantly increased over the past five years. The new data on crude-by-rail (CBR) movements are fully i...

    Eni signs Production Sharing Contracts for the exploration of two blocks offshore Myanmar
    Posted On Mar 31 ,2015 - 03:15-AM | by admin

    Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 an...

    Gulf Keystone Announce Board Change
    Posted On Mar 31 ,2015 - 03:43-AM | by admin

    Gulf Keystone Petroleum announces that Simon Murray, the Company's Non-Executive Chairman is to retire from the Board of Directors of Gulf Keystone. Andrew Simon, Senior Independent Director, will...

    Gulf Keystone Announce Placement of New Common Shares
    Posted On Mar 31 ,2015 - 03:19-AM | by admin

    Further to the Company's announcement of 30 March 2015 Gulf Keystone is pleased to announce that it has successfully raised through Mirabaud Securities LLP ("Mirabaud") and Pareto Securities Limited (...

    Exploration and Development Laid Solid Foundation Lowering Costs and Enhancing Efficiency Program Achieved Outstanding Results
    Posted On Mar 30 ,2015 - 03:42-PM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its 2014 annual results for the year ended December 31, 2014. In 2014, the Company achieved various breakthroughs...

    Eni starts production at Hadrian South gas field in Gulf of Mexico deepwater
    Posted On Mar 30 ,2015 - 03:55-PM | by admin

    Eni started the production at the Hadrian South gas field in the Gulf of Mexico deepwater, located in the United States approximately 240 miles south of the Louisiana’s coast. Hadrian South, whic...

    ExxonMobil Begins Production at Hadrian South in Gulf of Mexico
    Posted On Mar 30 ,2015 - 03:31-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) announced today it began production in the deepwater Gulf of Mexico at Hadrian South with facilities tied back to the nearby Lucius project, reducing additional infr...

    Specialized Oil & Gas MOOC launched by IFP School with the support of Total
    Posted On Mar 30 ,2015 - 03:16-PM | by admin

    With the support of Total, IFP School, the French leader in industry-oriented graduate programs in the fields of energy and transport, is launching the first specialized oil and gas Massive Open Onlin...

    Total completes $1 billion of onshore divestments in Nigeria
    Posted On Mar 30 ,2015 - 03:24-AM | by admin

    Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for $569 million. Together with the recently completed divestments of OML...

    Statoil Announce it's eighth discovery in Block 2 offshore Tanzania
    Posted On Mar 30 ,2015 - 03:40-AM | by admin

    Statoil today announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.0-1.8 trillion cubic feet (tcf*) of nat...

    Changes in Aker Solution's Executive Management Team
    Posted On Mar 27 ,2015 - 03:54-PM | by admin

    Tore Sjursen will assume the position as executive vice president for operational improvement and risk management at Aker Solutions on April 1. Knut Sandvik will at the same time replace Sjursen as he...

    Chevron Announce Shareholding sell-down consistent with stated divestment goals
    Posted On Mar 27 ,2015 - 03:00-PM | by admin

    Chevron Corporation's (NYSE: CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in C...

    Driverless Cars Poised To Transform Automotive Industry
    Posted On Mar 27 ,2015 - 03:56-PM | by admin

    The newest Mercedes autonomous car looks like a car on the outside but like a lounge on the inside, with four swivel seats facing each other in a multimedia bubble of padded leather and walnut veneer....

    Total Gabon Company's financial statements for the year ended December 31, 2014
    Posted On Mar 26 ,2015 - 03:20-PM | by admin

    The Board of Directors of Total Gabon met on March 24, 2015 to approve the Company's financial statements for the year ended December 31, 2014. The Brent price averaged $99.0/bbl in 2014, versus $1...

    Oryx Petroleum 2014 Financial and Operational Results
    Posted On Mar 25 ,2015 - 03:56-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) announced its financial and operational results for the year ended December 31, 2014. All dollar amounts set forth in...

    Petrobras to Review Governance and Organizational Management Model
    Posted On Mar 25 ,2015 - 03:00-PM | by admin

    Petrobras announces that its Executive Board, in a meeting held on March 24, 2015, approved the beginning of the project to review its corporate governance and organizational management model based o...

    Sale of oil mining lease 29 and Nembe Creek Trunk Line Completed in Nigeria
    Posted On Mar 25 ,2015 - 03:50-PM | by admin

    The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its interest in oil mining lease (OML) 29 and the Nemb...

    Production starts at the Maari MR6A development well in New Zealand
    Posted On Mar 25 ,2015 - 03:32-PM | by admin

    Cue Energy is pleased to announce that production from the Maari MR6A development well has been brought on stream, with an initial production rate of approximately 7,800 barrels of oil per day (bopd)....

    3D seismic program begins offshore Vietnam
    Posted On Mar 25 ,2015 - 03:03-PM | by admin

    KrisEnergy Ltd. announced that the CGG Amadeus vessel has commenced a 570 sq.km. 3D seismic acquisition program in the Block 120 exploration acreage offshore central Vietnam. Block 120 covers 6,869...

    KrisEnergy drills successful G6/48 Gulf of Thailand well
    Posted On Mar 25 ,2015 - 03:32-PM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or “the “Company”), an independent upstream oil and gas company, provides an update on the drilling of the Rossukon-2 exploration well in G6/48 in the Gulf of T...

    Santos Announce Dividend Reinvestment Plan (DRP) & oil discovery
    Posted On Mar 25 ,2015 - 03:46-PM | by admin

    Santos Limited (ABN 80 007 550 923) (ASX code: STO) Santos, announces today that it has issued 5,405,704 fully paid ordinary shares at a price of A$7.4192 per share to participants in the DRP for the ...

    Whiting Announces Offering of 35,000,000 Shares of Common Stock
    Posted On Mar 25 ,2015 - 03:26-PM | by admin

    Whiting Petroleum Corporation (NYSE: WLL) announced that it has commenced a registered public offering of 35,000,000 shares of its common stock. Whiting expects to grant the underwriter a 30-day optio...

    Petróleo Brasileiro S.A. completes the drilling of the second appraisal well
    Posted On Mar 25 ,2015 - 03:28-PM | by admin

    Petrobras announced that the Libra consortium has completed the drilling of the extension well 3-BRSA-1267-RJS/3-BRSA-1267A-RJS (3-RJS-735/735A). The drilling results have confirmed the presence of a ...

    US Interior Department Releases Final Rule to Support Safe, Responsible Hydraulic Fracturing Activities on Public and Tribal Lands
    Posted On Mar 24 ,2015 - 03:13-PM | by admin

    Following a robust and transparent public process that included more than 1.5 million public comments, Secretary of the Interior Sally Jewell today released final standards that will support safe and ...

    Cap Energy Announce Re-assessment of 2D seismic boosts the potential of Guinea- Bissau assets
    Posted On Mar 24 ,2015 - 03:12-PM | by admin

    Cap Energy PLCPlc, a company listed on the ISDX Growth Market focused on the exploration, production, and development of oil and gas primarily in sub-Saharan Africa, announced the results of an in...

    Schlumberger Launches Two New Full-Azimuth Multiclient Surveys in the US Gulf of Mexico
    Posted On Mar 24 ,2015 - 03:08-PM | by admin

    Schlumberger announced the completion of the acquisition of approximately 2,750 sq km of two new full-azimuth multiclient seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of Me...

    Tidal turbine deal for electric cable seal maker Roxtec
    Posted On Mar 24 ,2015 - 03:58-AM | by admin

    SAFETY seal manufacturer Roxtec has provided its waterproof sealing solution to the largest and most powerful tidal turbine in the world. Manchester based Roxtec UK managing director Graham O’Har...

    GE Oil & Gas announces $850M order with Eni
    Posted On Mar 24 ,2015 - 03:13-AM | by admin

    GE (NYSE:GE) announced the booking of an $850 million order across its Oil & Gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. This order incorporates bot...

    Wall Street Losing Millions From Bad Energy Loans
    Posted On Mar 24 ,2015 - 03:26-AM | by admin

    Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil ...

    Songa Equinox update
    Posted On Mar 24 ,2015 - 03:55-AM | by admin

    Songa Equinox went on sea trial as planned on 19 March 2015. Prior to sea trial departure, the inclination test indicated a heavier than expected Light Unit Weight. This will mandate the installati...

    Statoil appoints chief operating officer
    Posted On Mar 24 ,2015 - 03:36-AM | by admin

    Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) on 1 April. Opedal will be responsible th...

    Turkish Petroleum Expands its Paradigm Software Portfolio
    Posted On Mar 23 ,2015 - 03:43-PM | by admin

    Turkish Petroleum Expands its Paradigm Software Portfolio with Reverse Time Migration The acquisition will help maintain the company's processing facility as a center of excellence for seismic process...

    Anadarko Joins Magellan Midstream and Plains All American to Build Saddlehorn Pipeline
    Posted On Mar 23 ,2015 - 03:38-PM | by admin

    Magellan Midstream Partners (MMP) ("Magellan") and Plains All American Pipeline, L.P. (PAA) ("Plains") announced that a wholly owned subsidiary of Anadarko Petroleum Corporation (APC) has exercised it...

    Neste Oil's Porvoo refinery maintenance
    Posted On Mar 23 ,2015 - 03:32-AM | by admin

    Neste Oil's Porvoo refinery will be stopped for the planned maintenance turnaround in April 2015. The major turnaround of nearly EUR 100 million involving 4,500 employees is the largest in the refiner...

    Afren Announce Update on discussion with bondholders
    Posted On Mar 22 ,2015 - 03:40-PM | by admin

    Afren plc (“Afren” or the “Company”) announces that in connection with the satisfaction of the conditions precedent for the provision of US$200 million in interim funding to be provided by cer...

    FMC Technologies and Technip to launch Forsys Subsea
    Posted On Mar 22 ,2015 - 03:19-PM | by admin

    FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea i...

    Award of New Discovery in Southern North Sea
    Posted On Mar 20 ,2015 - 03:00-AM | by admin

    Independent Oil and Gas plc (“IOG”), (AIM:IOG.L), the North Sea focused oil and gas company, announced that further to the award of block 48/22c in the UK 28th offshore licensing round, the licenc...

    New General Manager at DEA Egypt
    Posted On Mar 20 ,2015 - 03:54-AM | by admin

    The new General Manager for Egypt is Dr Hans-Hermann Ecke, who is responsible for the business of the Egyptian subsidiary of DEA Deutsche Erdoel AG based in Cairo since the beginning of March. “I...

    Petrobras Announce February Oil and natural gas production figures in Brazil
    Posted On Mar 20 ,2015 - 03:00-AM | by admin

    Total oil and natural gas production in Brazil in February 2015 was 2 million 612 thousand boed, down 1.8% from January (2 million 661 thousand boed). Total production operated by Petrobras in Braz...

    SPDC completes sale of oil mining lease 18 in Nigeria
    Posted On Mar 20 ,2015 - 03:53-AM | by admin

    The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in oil mining lease (OML) 18 and rela...

    Tullow secures an additional US$450 million of capital under its existing credit facilities
    Posted On Mar 20 ,2015 - 03:44-AM | by admin

    Tullow Oil plc (Tullow) announced the following update on its financing and banking arrangements. Tullow and its lending banks have:

      1. completed the six-monthly Reserve Based Len...

    Range Announces Trinidad Operational Update
    Posted On Mar 19 ,2015 - 03:16-PM | by admin

    Range Resources Limited is pleased to provide a Trinidad update with the following highlights: Production increased by 23% from the previous month;

       Testing on two wells in the South Quar...

    Tower Resources provides corporate update
    Posted On Mar 19 ,2015 - 03:31-PM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, provides the following corporate update with respect to activity...

    100,000 Layoffs and Counting: Is this the New Normal?
    Posted On Mar 19 ,2015 - 03:36-PM | by admin

    This time a year ago, the oil industry's biggest problem was finding a way to deal with the "retirement tsunami" about to crash down on it as older oilfield workers hung up their cork boots to enjoy f...

    Statoil presents annual and sustainability reports for 2014
    Posted On Mar 19 ,2015 - 03:17-PM | by admin

    Statoil (OSE:STL, NYSE: STO) is presenting the annual and sustainability reports for 2014 today, 19 March, together with the new payments to governments report. "In 2014 we continued to deliver sol...

    Gulf of Mexico lease sale 235
    Posted On Mar 19 ,2015 - 03:07-AM | by admin

    Statoil adds acreage in the Gulf of Mexico Central Lease Sale Statoil announced that it successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lea...

    IMF Staff Concludes the 2015 Article IV Mission for Iraq
    Posted On Mar 19 ,2015 - 03:57-AM | by admin

    An International Monetary Fund (IMF) mission led by Carlo Sdralevich visited Amman from March 6–15 to conduct the 2015 Article IV Consultation discussions with the Iraqi authorities. At the conc...

    EIA Introduce New data tool that combines easily updatable energy and economic data in Microsoft Excel spreadsheets
    Posted On Mar 19 ,2015 - 03:10-AM | by admin

    The EIA data add-in for Microsoft Excel for Windows builds on the well-known Federal Reserve Economic Data (FRED) add-in from the Federal Reserve Bank of St. Louis. It allows users to update their sav...

    Neste Oil's renewable diesel to be sold at Propel Fuel stations in California
    Posted On Mar 18 ,2015 - 03:51-PM | by admin

    California based Propel Fuels has launched California's most advanced low carbon diesel fuel called Diesel HPR (High Performance Renewable) at its retail stations. Diesel HPR contains 98.5% Neste Oil'...

    Gas Discovery in the Snefrid Nord prospect
    Posted On Mar 18 ,2015 - 03:51-AM | by admin

    Operator Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea. The discovery is an important contribution to the Aasta Hansteen field develop...

    Knarr’s oil discovery contributes to DEA’s growth
    Posted On Mar 18 ,2015 - 03:00-AM | by admin

    The Knarr oil and gas field went into production 16 March. The discovery was made in 2008, two years after the license was awarded. The field has gross recoverable reserves of around 80 million barrel...

    BG Group Annouce first oil from the Knarr field in Norway
    Posted On Mar 18 ,2015 - 03:12-AM | by admin

    BG Group (LSE: BG.L), a world leader in exploration and LNG, announced the Petrojarl Knarr floating production, storage and offloading (FPSO) vessel had started production from the Knarr oil field in ...

    Statoil awarded new exploration acreage
    Posted On Mar 18 ,2015 - 03:17-AM | by admin

    Statoil was awarded new exploration acreage through the Aru Trough I licence offshore Indonesia. The licence covers an area of approximately 8,300 square kilometres, adjacent to Statoil’s existing ...

    ConocoPhillips Provides 2015 to 2017 Capital Budget and Growth Outlook
    Posted On Mar 17 ,2015 - 03:01-PM | by admin

    ConocoPhillips (NYSE: COP) announced its 2015 to 2017 capital budget and growth outlook. Details of the 2015 to 2017 plan will be reviewed at the company's upcoming Analyst and Investor Meeting on Apr...

    African Petroleum Give Update on Upgraded Prospective Resources in Senegal and The Gambia
    Posted On Mar 17 ,2015 - 03:29-PM | by admin

    African Petroleum, announced an update to its prospective oil resources at its 90% owned and operated Senegal Offshore Sud Profond and Rufisque Offshore Profond licence blocks in Senegal and its 100% ...

    Circle Oil Plc Announce Operating Update on Morocco Sebou Permit -Exploration Well KAB-1bis
    Posted On Mar 17 ,2015 - 03:20-PM | by admin

    Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, provides the following information on the drilling of the KAB-1bis wel...

    Sound Oil plc Announce EIA Approval
    Posted On Mar 17 ,2015 - 03:25-PM | by admin

    Sound Oil, the European / Mediterranean focused upstream oil and gas company, announced the approval of the Environmental Impact Assessment ("EIA") for the Badile exploration well from the Lombardy Re...

    Bowleven Announce Etinde Farm-Out Completed
    Posted On Mar 17 ,2015 - 03:07-PM | by admin

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, announced the completion of the Etinde farm-out transaction and to confirm receipt of the initial $165 million cash proceeds (...

    From Shale Boom to Water Revolution in Texas
    Posted On Mar 17 ,2015 - 03:45-PM | by admin

    Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought probl...

    Shell signs agreement with Alimentation Couche-Tard Inc.
    Posted On Mar 17 ,2015 - 03:15-AM | by admin

    Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply product...

    Update on Platform P-61 in Papa Terra field, Brazil
    Posted On Mar 16 ,2015 - 03:37-PM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces the start-up of platform P-61 in Papa Terra field, in the southern tip of Campos Basin, 110km off the coast of Brazil and at a water depth (distance b...

    Eni Announce new successes in the exploration activities in Indonesia and Libya
    Posted On Mar 16 ,2015 - 03:49-PM | by admin

    Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential. Eni is the operat...

    KUFPEC Awarded New Exploration License in Pakistan
    Posted On Mar 16 ,2015 - 03:34-AM | by admin

    KUFPEC signed an Exploration License and Petroleum Concession Agreement with the Government of the Islamic Republic of Pakistan awarding KUFPEC exploration rights in the Paharpur Block in Pakistan. Th...

    Johan Sverdrup contract for power supply from shore awarded to ABB
    Posted On Mar 16 ,2015 - 03:46-AM | by admin

    Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field development. The contract value is around NOK ...

    Eni signs a framework agreement for the development of Egypt's oil and gas resources
    Posted On Mar 16 ,2015 - 03:28-AM | by admin

    The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed a Head of Agreement with Eni’s CEO, Claudio Descalzi, aimed at the development of the oil and gas resources of the Co...

    ICAP and CME Group tap The Beast Apps Group to Deliver RapidRV™ Market Data and Analytics Tool
    Posted On Mar 13 ,2015 - 03:24-PM | by admin

    ICAP Information Services (IIS), the information division of ICAP Plc (IAP.L), and CME Group, the world's leading and most diverse derivatives marketplace, have partnered with The Beast Apps Group to...

    TOTAL S.A. Announce 2015 capital increase reserved for employees: subscription price set
    Posted On Mar 13 ,2015 - 03:09-PM | by admin

    At its meeting on July 29, 2014, the Board of Directors of TOTAL S.A. decided to proceed, before the Shareholders’ Meeting of May 29, 2015, with a capital increase reserved for employees and retiree...

    Eni Unveils 2015-2018 Strategic Plan
    Posted On Mar 13 ,2015 - 03:53-PM | by admin

    Transforming Eni to Create Value Claudio Descalzi, Eni’s CEO, presented the Company’s 2015-2018 Strategic Plan to the financial community. Main targets • E&P: continued...

    Afren Announce Preliminary agreement for interim funding and refinancing structure
    Posted On Mar 13 ,2015 - 03:18-PM | by admin

    Afren plc (“Afren”, the “Company” or the “Group”), (LSE: AFR) has reached an agreement in principle to address its short and longer-term funding needs and recapitalise its capital structur...

    North American Energy Revolution
    Posted On Mar 13 ,2015 - 03:39-PM | by admin

    Sound Policies Needed To Continue North American Energy Revolution, says ExxonMobil CEO The U.S. government needs to adjust its energy policies to ensure that America can realize all the benefits ...

    Eni's 2014 Consolidated Financial Statements
    Posted On Mar 12 ,2015 - 03:16-PM | by admin

    The Board of Directors approved Eni’s consolidated financial statements and the separate draft financial statements of the parent company for the year ending December 31, 2014. Consolidated net prof...

    ExxonMobil Resumes Drilling at Point Thomson
    Posted On Mar 12 ,2015 - 03:24-PM | by admin

    ExxonMobil announced that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online. “The Point Thomson fie...

    Sterling Resources Announce Update on Breagh field operations and Cladhan field
    Posted On Mar 12 ,2015 - 03:41-PM | by admin

    Sterling Resources Ltd. (TSX-V: SLG) (“Sterling” or the “Company”) announces an update on Breagh field operations and Cladhan field development, reserves and valuation. Breagh

    Azonto Petroleum Limited Announces Relinquishment of Offshore Accra Block, Ghana
    Posted On Mar 12 ,2015 - 03:54-PM | by admin

    Azonto Petroleum Limited announces that, as a result of a continued strategic review of its operations and prolonged discussions with the government of Ghana and potential partners with regard to ongo...

    Horn Petroleum Announces New Strategy
    Posted On Mar 12 ,2015 - 03:59-PM | by admin

    Board and Management Changes and Proposal of a Private Placement Financing Horn Petroleum Corporation ("Horn" or the "Company") (TSX VENTURE:HRN) announces that it has invoked a new corporate strat...

    Husky Energy Begins Oil Production at the Sunrise Energy Project
    Posted On Mar 12 ,2015 - 03:21-PM | by admin

    Husky Energy has started oil production at the Sunrise Energy Project in northern Alberta. “Sunrise is the latest in a series of resilient, low sustaining capital projects to come online from our...

    Petrobras starts-up Early Production System on Búzios field in Transfer of Rights area
    Posted On Mar 12 ,2015 - 03:05-PM | by admin

    Petrobras announces the start-up of the early production system at Búzios Field, Santos Basin, on Tuesday (3/10). This will be the first large scale and longest-running production at the Transfer...

    McDermott Awarded Initial Work for the Marjan Gas Oil Separation Plant (GOSP’s) Power Supply Generation System Offshore Saudi Arabia
    Posted On Mar 12 ,2015 - 03:19-PM | by admin

    McDermott Middle East, Inc. (NYSE:MDR) (“McDermott”) announced that it has been awarded initial work for a significant power supply system replacement contract by Saudi Aramco for the Marjan field...

    Everyone Is Guessing When It Comes To Oil Prices
    Posted On Mar 12 ,2015 - 03:31-PM | by admin

    Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an ...

    Tullow Announce Kenya exploration and appraisal update
    Posted On Mar 12 ,2015 - 03:35-AM | by admin

    Tullow Oil plc (Tullow) provides an update on exploration and appraisal activities in onshore Kenya Block 10BB, 13T and Block 10BA. Engomo-1 exploration well The Engomo-1 exploration well in ...

    Consumers Winning With Low Oil Prices, For Now
    Posted On Mar 12 ,2015 - 03:40-AM | by admin

    Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, t...

    African Petroleum Releases its 2014 Audited Financial Statements
    Posted On Mar 12 ,2015 - 03:34-AM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, releaseD its Audited Financial Statements for the year ende...

    There Is A Strong Demand For Oil & Gas Recruits Says Oilandgasjobsregister.com
    Posted On Mar 12 ,2015 - 03:15-AM | by admin

    Will This High Quality Job Board Answer This Demand? At a crucial time in the Oil and Gas sector will a new specialist job board benefit employers in solving their skills shortage? The staff of Oi...

    RAK Petroleum Reports Côte d'Ivoire Discovery
    Posted On Mar 10 ,2015 - 03:39-PM | by admin

    RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced that the Marlin North-1 well drilled by Foxtrot International LDC offshore Côte d'Ivoire flowed gas and o...

    Oando announce completion of all civil and pipeline works associated with the Qua Iboe field
    Posted On Mar 10 ,2015 - 03:38-PM | by admin

    Oando Energy Resources Inc. (“OER”) (TSX: OER), announced the completion of all civil and pipeline works associated with the Qua Iboe field, and associated crude delivery and sales infrastructure,...

    Qinhuangdao 32-6 Comprehensive Adjustment Project Starts Production
    Posted On Mar 10 ,2015 - 03:28-PM | by admin

    CNOOC Limited, NYSE: CEO, SEHK: 00883, TSX: CNU) announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production. The Qinhuangdao 32-6 oilfield is located at the centr...

    Cairn Energy PLC's Preliminary Results Announcement
    Posted On Mar 10 ,2015 - 03:45-PM | by admin

    Group net cash at 31 December 2014 of US$869m Seven year Reserve Based Lending bank facility of up to US$575m remains undrawn Cairn is currently unable to access the value of its 10% residual sh...

    Premier Gives Update on Pelikan field, offshore Indonesia
    Posted On Mar 10 ,2015 - 03:45-PM | by admin

    Premier is pleased to announce that gas production from the Pelikan field in the Natuna Sea Block A offshore Indonesia commenced on 9 March 2015. This follows first gas from the Naga field, also on Na...

    DEA Goes ahead with West Nile Delta project
    Posted On Mar 10 ,2015 - 03:20-PM | by admin

    DEA Deutsche Erdoel AG is pleased to contribute significantly to Egypt’s security of energy supply. The final agreements to develop 5 trillion cubic feet of gas resources had been signed. The West N...

    Chevron Reaffirms Strategies, Financial Priorities and Growth Outlook
    Posted On Mar 10 ,2015 - 03:20-PM | by admin

    Chevron Corporation (NYSE: CVX) executives, at the company's annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its growth outlook throu...

    Ashen Geologic Selects Paradigm Geolog formation evaluation suite for borehole imaging and interpretation
    Posted On Mar 09 ,2015 - 03:56-PM | by admin

    ParadigmR announced that Ashen Geologic Consulting Services has selected the ParadigmR GeologR formation evaluation software suite as its standard application for well log and petrophysical analysis, ...

    Bowleven plc Provides Group Operational Update
    Posted On Mar 09 ,2015 - 03:08-PM | by admin

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces an update on its operational activities, onshore Cameroon and Kenya. Bomono Permit, Cameroon Dr...

    Statoil orders new emergency vessel for the Mariner field
    Posted On Mar 09 ,2015 - 03:41-PM | by admin

    Statoil (U.K.) Limited has awarded a contract to Sentinel Marine Limited to provide a new multi role Emergency Response & Rescue Vessel (ERRV) to support operations on the Mariner field on the UK Cont...

    Neste Oil's Engine Laboratory has tested fuels for 40 years
    Posted On Mar 09 ,2015 - 03:38-PM | by admin

    Neste Oil's Engine Laboratory for fuel testing and development is now 40 years old. The Engine Laboratory locates in the Porvoo refinery area and it has ensured top quality and developed increasingly ...

    New timeline for Johan Castberg and Snorre 2040
    Posted On Mar 06 ,2015 - 03:23-PM | by admin

    The licensees in the Johan Castberg and Snorre 2040 licences have decided to spend more time on the projects. “Castberg and Snorre 2040 are two major and important projects in our portfolio, and ...

    Tap Oil's strategic review of asset portfolio
    Posted On Mar 06 ,2015 - 03:23-PM | by admin

    As stated in the 31 December 2014 quarterly report of Tap Oil Limited (ASX: TAP) and its financial results released on 27 February 2015, Tap is reviewing its business and asset base in order to respon...

    Polarcus awarded broadband 3D seismic acquisition project in Egypt
    Posted On Mar 05 ,2015 - 03:38-AM | by admin

    Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announced that the Company has received an award from an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus...

    Northern Petroleum Announce Onshore Italian permit farm out to Shell
    Posted On Mar 05 ,2015 - 03:09-AM | by admin

    Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, has signed a farm out agreement, which in...

    Hess Announces Regular Quarterly Dividend On Common Stock
    Posted On Mar 05 ,2015 - 03:38-AM | by admin

    The Board of Directors of Hess Corporation (NYSE:HES) declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on March 31, 2015 to holders of record...

    Top Employer Global 2015
    Posted On Mar 05 ,2015 - 03:12-AM | by admin

    Technip is one of the first five companies to be certified Global Top Employers 2015 Technip has been certified as one of the first five companies in the world as a Top Employer Global 2015. The ...

    Neste Oil Corporation's disposal of own shares based on the share-based incentive plan
    Posted On Mar 05 ,2015 - 03:05-AM | by admin

    A total of 198,303 treasury shares of Neste Oil Corporation have been on 5th of March 2015 conveyed without consideration to the key persons participating in the share-based incentive plan 2010 accord...

    Total Expands into Plastics for Automotive Solutions
    Posted On Mar 05 ,2015 - 03:38-AM | by admin

    Total acquired a majority 68% interest in Germany's Polyblend, which manufactures polymer plastics intended primarily for the automotive industry. The transaction is aligned with the Group's strategy ...

    Maersk Drilling secures contract in Ghana
    Posted On Mar 04 ,2015 - 03:48-PM | by admin

    Maersk Drilling has been awarded a contract from eni Ghana Exploration and Production Ltd., an eni subsidiary, for employment of the newbuild drillship Maersk Voyager. The firm contract period is 3.5 ...

    Energean commences new investment programme in Egypt
    Posted On Mar 04 ,2015 - 03:59-PM | by admin

    Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, is launching a new 6-million-dollar investment programme in Egypt, aim...

    Crude Oil Hedge helps Oando Energy Resources prepay debt
    Posted On Mar 04 ,2015 - 03:29-PM | by admin

    Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, announced a $238 Million prepayment of certain loan fac...

    Bowleven plc Issues Group Operational Update
    Posted On Mar 04 ,2015 - 03:55-PM | by admin

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces an update on its operational activities, onshore Cameroon and Kenya. Bomono Permit, Cameroon Dr...

    Circle Oil Updates on Shisr-1 well Block 49, Onshore Oman
    Posted On Mar 04 ,2015 - 03:52-PM | by admin

    Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, provides the following information on the Company's activities in Oman....

    ExxonMobil Adds New Production
    Posted On Mar 04 ,2015 - 03:15-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barr...

    First-Ever Physically Delivered Crude Oil Storage Futures Contract
    Posted On Mar 04 ,2015 - 03:50-PM | by admin

    CME Group, LOOP and NEO Markets Reach Definitive Agreement to Develop First-Ever Physically Delivered Crude Oil Storage Futures Contract CME Group, the world's leading and most diverse derivatives ...

    Total Publishes the Full List of its Consolidated Entities
    Posted On Mar 04 ,2015 - 03:09-PM | by admin

    Total has disclosed the full list of its 903 consolidated entities. The list, which is available online at total.com, will be included in Total's 2014 Registration Document. It replaces the list of th...

    Mart Resources Announce Non Binding Letter of Intent For Sale of Company
    Posted On Mar 04 ,2015 - 03:53-PM | by admin

    Mart Resources, Inc. (TSX: MMT) (“Mart” or the “Company”) announced that it has entered into a letter of intent (the “Letter of Intent”) with Midwestern Oil and Gas Company Limited, the op...

    World's largest producer of renewable fuels from waste and residues
    Posted On Mar 04 ,2015 - 03:20-AM | by admin

    Over the last few years, Neste Oil has become the world's largest producer of renewable fuels from waste and residues. In 2014, the company produced nearly 1.3 million tonnes (1.6 billion liters) of r...

    Here's What Will Send Oil Prices Back Up Again
    Posted On Mar 04 ,2015 - 03:01-AM | by admin

    Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall...

    Fleming Gulf Conferences announces forum to address Offshore Safety in Norway
    Posted On Mar 04 ,2015 - 03:54-AM | by admin

    The 2nd Offshore Safety and Risk Forum 2015 will focus on the importance of people and process to ensure offshore safety. The Norwegian offshore oil and gas industry has been considered as one of t...

    Anadarko Announces 2015 Capital Program And Guidance
    Posted On Mar 03 ,2015 - 03:03-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced its 2015 initial capital expectations and guidance, concurrent with its 2015 Investor Conference Call. 2015 INVESTOR CONFERENCE CA...

    CME Group Volume Averaged 15.8 Million Contracts per Day in February 2015,
    Posted On Mar 03 ,2015 - 03:41-PM | by admin

    Up 13 Percent from February 2014 CME Group, the world's leading and most diverse derivatives marketplace, today announced that February 2015 volume averaged 15.8 million contracts per day, up 13 perc...

    Union Jack Oil Provides Update on Wressle-1 Well Testing
    Posted On Mar 03 ,2015 - 03:53-AM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sect...

    Shell announces Scrip Dividend Programme in 2015
    Posted On Mar 03 ,2015 - 03:30-AM | by admin

    Royal Dutch Shell plc (“Shell”) today announces that it intends to offer the option for shareholders to receive dividends in cash or in shares via a Scrip Dividend Programme (the “Programme”) ...

    Technip awarded major contract to supply high technological flexible pipes for Lula Alto pre-salt field
    Posted On Mar 02 ,2015 - 03:55-PM | by admin

    Technip was awarded a major(1) contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65%), BG (25%) and Galp (10%), for the ongoing development of the Lula Alto field, located...

    Total's Young Graduate Programme in Africa and the Middle East
    Posted On Mar 02 ,2015 - 03:18-PM | by admin

    Total founded the Young Graduate Programme in April 2014 – an innovative initiative aimed at young graduates from more than 40 of the countries in Africa and Middle East in which we operate. The pro...

    Lord Browne Appointed Executive Chairman of L1 Energy
    Posted On Mar 02 ,2015 - 03:49-PM | by admin

    The LetterOne Group announced that Lord Browne of Madingley is appointed Executive Chairman of L1 Energy with immediate effect. LetterOne is an international investment firm with total assets of a...

    Afren Issues Further Update on the Review of Its Capital Structure
    Posted On Mar 02 ,2015 - 03:08-PM | by admin

    Afren plc (“Afren” or the “Company”) provides an update regarding the review of its capital structure, liquidity and funding requirements. Further to its previous announcements, Afren has o...

    LetterOne and RWE complete transaction
    Posted On Mar 02 ,2015 - 03:41-AM | by admin

    The LetterOne Group and RWE AG today completed RWE’s sale of RWE Dea AG to LetterOne. In January, both parties had announced their plans to complete the transaction at the beginning of this month. T...

    Rose announces its increased land position within both the Paradox and Uinta Basins
    Posted On Mar 02 ,2015 - 03:55-AM | by admin

    Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce that it has increased its land position within both the Paradox and Uinta Basins. The Company ha...

    Tethys Announce MOU signed with PetroChina
    Posted On Mar 02 ,2015 - 03:25-AM | by admin

    Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) (LSE:TPL) announced that it has signed a Memorandum of Understanding ("MOU") with PetroChina International Kazakhstan Ltd ("PetroChina") ...

    Tullow Issues Ghana and Côte d’Ivoire Maritime Boundary Arbitration Update
    Posted On Mar 02 ,2015 - 03:02-AM | by admin

    Tullow Oil plc (Tullow) announces that it has been advised by the Government of Ghana that the Government of Côte d'Ivoire has applied for provisional measures to be ordered in Ghana's maritime bound...

    Oil and Gas Cyber Security 2015
    Posted On Mar 02 ,2015 - 03:58-AM | by admin

    North America gets ready for Oil and Gas Cyber Security 2015: leading cyber security experts to meet in Houston in May. The FBI, Chevron Information, State of Texas, Newfield Exploration Company, NO...

    Transocean Ltd. Reports Fourth Quarter And Full Year 2014 Results
    Posted On Feb 27 ,2015 - 02:41-PM | by admin

    Transocean Ltd. (NYSE: RIG) (SIX: RIGN) reported a net loss attributable to controlling interest for the three months ended December 31, 2014 of $739 million, or $2.04 per diluted share. Fourth quarte...

    Repsol posts net income of 1.612 billion euros
    Posted On Feb 27 ,2015 - 02:30-PM | by admin

    Repsol posted net income in 2014 of 1.612 billion euros, supported by the strength of its integrated business model. This result represents a 724% increase over the 195 million euros registered in 201...

    Songa Offshore SE Give Notice of Extraordinary General Meeting
    Posted On Feb 27 ,2015 - 02:00-PM | by admin

    Songa Offshore SE (the "Company") has today issued notice of an extraordinary general meeting in connection with the approval of the extension of the authority to the Board of Directors to allot and i...

    Shell updates on planned maintenance at Pearl GTL, Qatar
    Posted On Feb 27 ,2015 - 02:20-AM | by admin

    Royal Dutch Shell plc (“Shell”) updated today that the Pearl gas-to-liquids (GTL) plant, in Qatar has entered planned maintenance in February 2015. Pearl GTL comprises two identical GTL ‘trains...

    Development plan for Peregrino Phase II submitted
    Posted On Feb 27 ,2015 - 02:10-AM | by admin

    Following the sanction of the Peregrino phase 2 project in December, Statoil together with its partner Sinochem submitted the Plan of Development (PoD) to the National Agency of Petroleum, Natural Gas...

    Continental Resources Reports Fourth Quarter 2014 and Full-Year 2014 Results
    Posted On Feb 26 ,2015 - 02:10-PM | by admin

    Fourth Quarter Adjusted Net Income Totals $420.8 Million, or $1.14 per Diluted Share Fourth Quarter EBITDAX of $1.19 Billion Brings Full-Year 2014 EBITDAX to $3.78 Billion Continental Resources, I...

    Canadian Overseas Petroleum Limited Joint Venture With Shoreline Energy International
    Posted On Feb 26 ,2015 - 02:22-PM | by admin

    Canadian Overseas Petroleum Limited ("COPL" or "the Company") (TSX VENTURE: XOP) (LSE: COPL), the offshore Africa focussed oil and gas exploration and development company, is pleased to announce deta...

    Eni signs two agreements with the Government of the Republic of Congo
    Posted On Feb 26 ,2015 - 02:32-PM | by admin

    Eni today confirms its historical commitment in Congo with the signature of two agreements at Palazzo Chigi, underwritten by Eni’s CEO Claudio Descalzi in the presence of the President of the Republ...

    Statoil awards Mariner supply base and warehousing contracts to Asco
    Posted On Feb 26 ,2015 - 02:30-AM | by admin

    Statoil (U.K.) Limited has on behalf of the Mariner co-venturers awarded the contracts for supply base and warehousing services for the Mariner field to Asco UK Limited. Asco is an international o...

    Petrofac Release Final Results for the Year Ended 31 December 2014
    Posted On Feb 25 ,2015 - 02:36-PM | by admin

    Revenue of US$6.2 billion (2013: US$6.3 billion) EBITDA(1)(3) of US$935 million (2013: US$1,031 million) Net profit(2)(3) of US$581 million (2013: US$650 million), consistent with our previous gui...

    Petrofac and McDermott Sign MOU
    Posted On Feb 25 ,2015 - 02:44-PM | by admin

    Petrofac, the international oil and gas facilities service provider, has entered into a Memorandum of Understanding (MoU) with offshore engineering, procurement, construction and installation (EPCI) c...

    Roman Abramovich Invests $15M In New US Fracking Technology
    Posted On Feb 25 ,2015 - 02:17-PM | by admin

    Are the Russians coming to Texas riding the tailwinds of fracking? That depends on who you ask, as some believe Russian forces were behind the anti-fracking vote in Denton, while a $15 million investm...

    Gulf Keystone Petroleum Announce Strategic Update
    Posted On Feb 25 ,2015 - 02:11-AM | by admin

    Further to the Company's RNS of 6 February 2015, Gulf Keystone, the operator of the world class Shaikan field in the Kurdistan Region of Iraq, is announcing today that it has recently engaged in discu...

    Aminex Gets approval to sell 13% of Interest in Kiliwani North Development Licence
    Posted On Feb 25 ,2015 - 02:52-AM | by admin

    Aminex notified shareholders that it has received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (“KNDL”) to Solo Oil plc (...

    Jupiter Energy Announce Well 19 drilling update
    Posted On Feb 25 ,2015 - 02:17-AM | by admin

    The Board of Jupiter, the Kazakhstan-focused oil exploration and production company,quoted on AIM (“JPRL”), ASX (“JPR”) and KASE (“AU_JPRL”), provided shareholders with the following well...

    San Leon Energy Announces Rawicz Commercial Gas Discovery
    Posted On Feb 25 ,2015 - 02:30-AM | by admin

    San Leon Energy plc (“the Company” or “San Leon”), the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces highly positive well test results for Rawicz-...

    Emerson releases new PAINE 226-30-0020 Series CANopen® Submersible Differential Transmitter.
    Posted On Feb 25 ,2015 - 02:18-AM | by admin

    Emerson (NYSE: EMR) announced the release of the new PAINE 226-30-0020 Series Transmitter. Designed specifically for remote submersible applications, the new PAINE 226-30-0020 Series meets the require...

    ExxonMobil's “Introduce a Girl to Engineering” program
    Posted On Feb 25 ,2015 - 02:50-AM | by admin

    ExxonMobil is encouraging girls to consider science, technology, engineering and math (STEM) careers through the 12th-annual Introduce a Girl to Engineering Day program to be held at 14 ExxonMobil and...

    The Easy Oil Is Gone So Where Do We Look Now?
    Posted On Feb 25 ,2015 - 02:31-AM | by admin

    In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting ...

    Is Oil Returning To $100 Or Dropping To $10?
    Posted On Feb 24 ,2015 - 02:05-AM | by admin

    If you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand you have the likes of A. Gary Shilling who, in this Bloomberg article, l...

    Johan Sverdrup contract awarded to Aibel
    Posted On Feb 24 ,2015 - 02:04-AM | by admin

    Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 ...

    Technip awarded subsea contract for the Glenlivet project, West of Shetlands, UK
    Posted On Feb 24 ,2015 - 02:03-AM | by admin

    Building on the previous award by Total E&P UK of the contract for the Edradour Subsea Development, located approximately 75 km North West of Shetlands in the UK waters, Technip has been awarded an ad...

    Paradigm selected by Great Plains Well Logging
    Posted On Feb 24 ,2015 - 02:27-AM | by admin

    Paradigm announced that Great Plains Well Logging, Inc. has selected the Paradigm(r) Geolog(r) formation evaluation software suite as its corporate standard for petrophysical analysis, replacing a com...

    ExxonMobil 2014 Reserves Replacement Totals 104 Percent
    Posted On Feb 23 ,2015 - 02:45-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) announced it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels, including a 162 percent r...

    Gulfsands Announce Gas Discovery at DOB-1 Exploration Well
    Posted On Feb 23 ,2015 - 02:20-AM | by admin

    Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia and Colombia ...

    Tower gives update on Badada-1 well, Block-2B, onshore Kenya
    Posted On Feb 23 ,2015 - 02:20-AM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, provides the following update with respect to the Badada-1 well,...

    Europa Oil & Gas Announce Commencement of Drilling at Kiln Lane Prospect, onshore UK
    Posted On Feb 23 ,2015 - 02:31-AM | by admin

    Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, announced its Kiln Lane -1 conventiona...

    Statoil Announce Oseberg Delta 2 is on stream
    Posted On Feb 23 ,2015 - 02:17-AM | by admin

    On 21 February Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. The field’s recoverable reserves are estimated at 77 million barrels oil equivalent. The fiel...

    Jazan Economic Forum
    Posted On Feb 20 ,2015 - 02:11-PM | by admin

    Jazan City, in the south-western Province of Jazan in Saudi Arabia, will host the Jazan Economic Forum on February 25-26, 2015 to discuss the investment opportunities and development ...

    Schlumberger Introduces Industry-First Fully Dissolvable Plug-and-Perf System
    Posted On Feb 20 ,2015 - 02:43-PM | by admin

    Schlumberger announced the release of the Infinity* dissolvable plug-and-perf system. This unique solution uses fully degradable fracture balls and fully degradable seats instead of plugs to isolate z...

    ARKeX Completes Multi-Client FTG Survey over Southern Trinidad
    Posted On Feb 20 ,2015 - 02:10-PM | by admin

    ARKeX, the global geophysical services provider, has completed a multi-client airborne Full Tensor Gravity Gradiometry (FTG) survey over the entirety of the onshore Southern Basin of Trinidad. The sur...

    Santos Announce 2014 full-year underlying profit up 6 percent
    Posted On Feb 20 ,2015 - 02:54-AM | by admin

    Santos today announced a 2014 underlying net profit of $533 million, up 6 per cent on the previous year. After the previously advised non-cash after tax impairments of $1,563 million, the financial...

    UKOG Announce uisition of 40% Interest in Markwells Wood discovery - UK, Weald Basin
    Posted On Feb 20 ,2015 - 02:35-AM | by admin

    The Board of UK Oil & Gas Investments PLC (AIM: UKOG) announced that its fully-owned subsidiary, UKOG (GB) Limited, has signed an agreement with Magellan Petroleum (UK) Limited ("Magellan") to acquire...

    Gazprom confirms productivity of hydrocarbon deposits for El Assel area in Algeria
    Posted On Feb 20 ,2015 - 02:51-AM | by admin

    Gazprom headquarters hosted a meeting between Alexey Miller, Chairman of the Company's Management Committee, Said Sahnoun, President and CEO of Algerian state-owned company Sonatrach and Ali Hashed, A...

    BP Signs Global Agreement with Maersk
    Posted On Feb 20 ,2015 - 02:41-AM | by admin

    BP will offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training, further underscoring BP’s commitment to safe and reliable operations. B...

    Oryx Petroleum Announces its Year End 2014 Reserves and Resources
    Posted On Feb 20 ,2015 - 02:52-AM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) announced its reserves and resources as at December 31, 2014 as evaluated by Netherland, Sewell & Associates, Inc. (...

    Chariot Announce 2D Seismic Programme Has Commenced In Namibia
    Posted On Feb 20 ,2015 - 02:00-AM | by admin

    Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces that in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), ...

    Technip awarded a substantial contract for a new fertilizer unit in Slovak Republic
    Posted On Feb 20 ,2015 - 02:52-AM | by admin

    Technip was awarded by Duslo a.s. a substantial(1) contract on lumpsum turnkey basis to develop the engineering, procurement and construction (EPC) of a new ammonia production unit in the existing fer...

    LGO Announce Full Tensor Gravity Survey Completion in Trinidad
    Posted On Feb 19 ,2015 - 02:20-PM | by admin

    LGO Energy plc today announces that airborne survey contractor ARKeX Limited ("ARKeX") has now successfully completed the Full Tensor Gravity Gradiometry ("FTG") survey in Trinidad announced by the Co...

    Noble Energy Announces Fourth Quarter And Year-End 2014 Results
    Posted On Feb 19 ,2015 - 02:18-PM | by admin

    Noble Energy, Inc. (NYSE:NBL) announced today fourth quarter 2014 net income of $402 million, or $1.05 per diluted share. Excluding the impact of certain items, which would typically not be considere...

    Noble Energy Provides 2015 Guidance
    Posted On Feb 19 ,2015 - 02:28-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced its 2015 guidance, which includes anticipated capital investments of $2.9 billion and total sales volumes of between 295 and 315 thousand barrels of oil ...

    Aker Solutions Develops Capping Technology to Limit Deepwater Drilling Risks
    Posted On Feb 19 ,2015 - 02:00-PM | by admin

    Aker Solutions delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the U.S. Gulf of Mexico....

    Union Jack Announce Update on Wressle-1 Well Testing
    Posted On Feb 19 ,2015 - 02:19-PM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sect...

    Why Oil Prices Must Go Up
    Posted On Feb 19 ,2015 - 02:21-PM | by admin

    It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expens...

    Rolls-Royce Holdings plc Release 2014 Full-Year Results
    Posted On Feb 18 ,2015 - 02:57-PM | by admin

    Group Highlights Record order book £73.7 billion up 3% Underlying revenue and profit in line with guidance Free cash flow £254 million (£447 million excluding the divested Energy business)...

    Genie Subsidiary Spuds First Exploratory Well in Northern Israel
    Posted On Feb 18 ,2015 - 02:36-PM | by admin

    Genie Energy Ltd., (NYSE: GNE, GNEPRA), an oil and gas exploration company and retail energy provider, today said that its Afek subsidiary has spudded its first exploratory well in the Golan Heights r...

    New Guinea Energy Gets Government Approval for Sale of 50% Interest in PPL 269
    Posted On Feb 18 ,2015 - 02:45-PM | by admin

    New Guinea Energy Limited (NGE) is pleased to advise shareholders that its wholly owned subsidiary Kirkland Limited (Kirkland), today received notification that the final condition precedent for the s...

    Eni Announces fourth quarter and full year 2014 results
    Posted On Feb 18 ,2015 - 02:25-PM | by admin

    Eni’s Board of Directors approved group results for the fourth quarter and the full year 2014 (unaudited). Financial highlights

      Record cash flow1 over the last six years: €5.37 billion ...

    Technip Announce Fourth Quarter and Full Year 2014 Results
    Posted On Feb 18 ,2015 - 02:28-PM | by admin

    Record order intake and backlog - dividend increased to €2.00 per share1 Highlights Include; 4Q order intake of €3.2 billion takes full year to €15.3 billion Record backlog of €20.9 billion...

    Wood Group Announce Full year results for the year ended 31 December 2014
    Posted On Feb 18 ,2015 - 02:00-PM | by admin

    Growth in 2014 led by performance in Wood Group PSN Production Services Financial Summary Performance in line with expectations and up on 2013 led by strong growth in Wood Group...

    PwC’s ‘Fit for $50 oil in Africa’ analysis
    Posted On Feb 17 ,2015 - 02:19-AM | by admin

    Oil & gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis on...

    Sound Oil Announce Nervesa Drilling Authorisation and Commencement of Site Operations
    Posted On Feb 17 ,2015 - 02:34-AM | by admin

    Sound Oil, the European / Mediterranean focused upstream oil and gas company, announced that it has received drilling authorisation for the second well in the Carita licence from the Italian Ministry ...

    Lundin Petroleum spuds exploration well offshore Norway
    Posted On Feb 17 ,2015 - 02:14-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced that drilling of exploration well 16/1-24 in PL338C southwest of the Edv...

    Africa Oil announces private placement of US$125 million
    Posted On Feb 17 ,2015 - 02:13-AM | by admin

    Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil", "AOC" or the "Company") said further to the announcement of February 12, 2015, that the Company has agreed to sell, on a brokered, private placement ...

    Sterling Energy acquires 100% interest in the Ntem Concession, offshore Cameroon
    Posted On Feb 17 ,2015 - 02:04-AM | by admin

    Sterling Energy Plc, the AIM listed oil and gas exploration company (AIM: SEY), announced that its wholly owned subsidiary, Sterling Cameroon Limited (“Sterling”), has signed an agreement with Mur...

    Transocean Ltd. Board Recommends Dividend of $0.60 Per Share
    Posted On Feb 17 ,2015 - 02:08-AM | by admin

    Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that the Board of Directors ("the Board") has recommended certain proposals for shareholder approval at the 2015 Annual General Meeting of Shareholder...

    Subsea 7 S.A. awarded contract offshore Australia
    Posted On Feb 16 ,2015 - 02:51-PM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC: the Company) announced it has been awarded a contract by Woodside Energy Ltd for the Persephone Work Pack 2 Fabrication, Subsea Installation and Diving Services projec...

    Chevron Corporation reaches a settlement agreement with James Russell DeLeon
    Posted On Feb 16 ,2015 - 02:38-PM | by admin

    Principal Financial Backer of Fraudulent Ecuador Litigation Withdraws Support, Settles with Chevron Chevron Corporation (NYSE: CVX) has reached a settlement agreement with James Russell DeLeon, the p...

    Afren Terminates discussions with SEPLAT
    Posted On Feb 16 ,2015 - 02:30-PM | by admin

    On 22 December 2014, Afren plc (“Afren” or the “Company”) announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company plc ("Seplat") regarding a poss...

    Apache Announces fourth quarter 2014 Results
    Posted On Feb 13 ,2015 - 02:53-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) announced a fourth-quarter 2014 net loss of $4.8 billion or $12.78 per diluted common share, primarily as a result of after-tax, non-cash charges totaling $5.2 b...

    Marco Bardazzi appointed as the new Director of External Communication At Eni
    Posted On Feb 12 ,2015 - 02:33-PM | by admin

    Eni is strengthening the communication of its global activities, focusing on the innovation opportunities offered by digital technology in order to make its relationships with stakeholders, media and ...

    Oil's Survival Of The Fittest: Interview With Stan Szary
    Posted On Feb 12 ,2015 - 02:50-PM | by admin

    With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its head, dictating that only the fittest ...

    Aker Solutions ASA Announce Fourth-Quarter Results 2014
    Posted On Feb 13 ,2015 - 02:34-PM | by admin

    Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before int...

    Libra Consortium completes drilling and testing of first well
    Posted On Feb 12 ,2015 - 02:49-PM | by admin

    Petrobras informs that the Libra Consortium has completed the drilling and testing of the first appraisal well in the Libra area, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW1. Located in ...

    Dana completes drilling in licence 12/06 in Danish North Sea
    Posted On Feb 11 ,2015 - 02:00-PM | by admin

    Dana Petroleum has successfully completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in licence 12/06 in the Danish North Sea. The Lille John-2 (LJ-2...

    Trap Oil Group Announce Corporate and Operational Update
    Posted On Feb 11 ,2015 - 02:07-AM | by admin

    Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces a further corporate and o...

    CNOOC signs PSCs with SK
    Posted On Feb 11 ,2015 - 02:31-AM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSC...

    Halliburton and Baker Hughes Receive Expected Requests for Additional Information From DOJ
    Posted On Feb 11 ,2015 - 02:02-AM | by admin

    Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that, as expected, the companies have each received a request for additional information (“second requests...

    Talisman Energy 2014 Fourth Quarter and Full-Year Results
    Posted On Feb 11 ,2015 - 02:22-AM | by admin

    Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for 2014. All values are in US$ unless otherwise stated. "Our 2014 results reflect the significant p...

    Oryx Announces Update for Operations in the Kurdistan Region of Iraq
    Posted On Feb 11 ,2015 - 02:49-AM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Group”) announces an update regarding production, sales and development activities for the Hawler license area in the Kurdistan Reg...

    VAALCO Energy Announces Strong Results of the Etame 10-H Well
    Posted On Feb 11 ,2015 - 02:58-AM | by admin

    VAALCO Energy, Inc. (NYSE: EGY) announced first production from Etame 10-H, the second development well drilled from the newly installed Etame platform, offshore Gabon. The horizontal development we...

    CAMAC Completes 2D Seismic Acquisitions in Kenya
    Posted On Feb 11 ,2015 - 02:22-AM | by admin

    CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT:CAK) announced the successful completion of its onshore 2D seismic acquisitions on blocks L-1B and L-16 in the Republic of Kenya. The ...

    The impact of plummeting Crude Oil Prices on Country Finances
    Posted On Feb 10 ,2015 - 02:52-PM | by admin

    The Nigerian Federal Government has more than halved capital expenditure to less than 10 per cent of the 2015 Appropriation Bill, axing badly needed infrastructure investment due to the collapse in th...

    Gulf Keystone Announce Kurdistan Operational Update
    Posted On Feb 10 ,2015 - 02:45-PM | by admin

    Gulf Keystone Petroleum, an exploration and production company with operations in the Kurdistan Region of Iraq, today provides an update on the Company's operations at Shaikan, its key producing asset...

    Sterling Announce Acquisition of an interest in Block C-3, Mauritania
    Posted On Feb 10 ,2015 - 02:50-PM | by admin

    Sterling Energy Plc, the AIM listed oil and gas exploration company (AIM: SEY), announced that its wholly owned subsidiary, Sterling Energy Mauritania Limited (“Sterling”), has signed a sale and p...

    Northern Petroleum Issues update regarding drilling and operational activities in NW Alberta, Canada
    Posted On Feb 10 ,2015 - 02:16-PM | by admin

    Northern Petroleum, the AIM quoted oil company focusing on production led growth, provides the following update regarding drilling and operational activities in north west Alberta, Canada.

    Roxi Agrees Sale of interest in the Galaz Contract Area
    Posted On Feb 10 ,2015 - 02:43-PM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announced the conditional sale of the Company's equity and debt interests in the Galaz Contract Area, the second of the Company'...

    Akastor ASA: Fourth-Quarter and Preliminary Annual Results 2014
    Posted On Feb 10 ,2015 - 02:01-AM | by admin

    Key events 4Q 2014 Setting strategic direction for our portfolio companies • Realized shares in properties in Stavanger and Oslo, with a total gain of NOK 109 million • Top line revenue growt...

    Providence Resources Acqure Chrysaor E&P Ireland Limited
    Posted On Feb 09 ,2015 - 02:31-PM | by admin

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and appraisal company, whose shares are quoted in London (AIM) and Dublin (ESM), announces the acquisition of 100% of ...

    Saipem awarded contract worth $1.8 billion
    Posted On Feb 09 ,2015 - 02:57-PM | by admin

    Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded a major new Engineering & Construction contract for the Kashagan field project, located in the Kazakh waters of the Caspia...

    Petrofac secures strategic services agreements in Algeria
    Posted On Feb 09 ,2015 - 02:09-PM | by admin

    Petrofac, the international oil & gas service provider, has entered into two strategic contract agreements with Algerian state-owned Sonatrach. The first is a five year contract where Petrofac will...

    Memery Crystal Obtains Successful Judgment in the Commercial Court
    Posted On Feb 09 ,2015 - 02:39-PM | by admin

    Memery Crystal obtained a successful judgment on a number of crucial preliminary issues in the Commercial Court last week acting for Japanese owned energy company, Idemitsu Petroleum UK Ltd, in a disp...

    Statoil Announce Exploration success in the Krafla area
    Posted On Feb 09 ,2015 - 02:56-AM | by admin

    Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area. ...

    Union Jack Oil Update on Wressle-1 Well Testing
    Posted On Feb 09 ,2015 - 02:13-AM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sect...

    Dana Gas 2014 Annual Revenue Grows to US$ 683 million (AED 2.5 Billion)
    Posted On Feb 09 ,2015 - 02:23-AM | by admin

    Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, today announced its preliminary un-audited results for the year ended 31 December 2014. Dana Gas saw full yea...

    Continental Resources Announces Proved Reserves And Production For 2014
    Posted On Feb 06 ,2015 - 02:15-PM | by admin

    Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") announced proved reserves of 1.35 billion barrels of oil equivalent (Boe) at December 31, 2014, an increase of 267 million barr...

    Statoil Announce 2014 fourth quarter results
    Posted On Feb 06 ,2015 - 02:51-AM | by admin

    Statoil’s (OSE:STL, NYSE:STO) fourth quarter and preliminary 2014 results and Capital Markets Update Statoil's net operating income for the full year 2014 was NOK 109.5 billion. Fourth quarter 20...

    SEPLAT Completes Acquisition of a 40.00% working interest in OML 53 Onshore Nigeria
    Posted On Feb 06 ,2015 - 02:08-AM | by admin

    SEPLAT Petroleum Development Company Plc (“SEPLAT” or the “Company”),a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, toda...

    Ichthys LNG Project development drilling underway
    Posted On Feb 05 ,2015 - 02:00-PM | by admin

    The INPEX-operated Ichthys LNG Project has commenced drilling at the Ichthys gas-condensate field, about 200 kilometres off the Western Australian coast. The first development well was spudded on 3...

    RWE Dea AG Announce Development Drilling at Algerian Reggane Nord gas project
    Posted On Feb 05 ,2015 - 02:41-PM | by admin

    The Reggane Nord consortium that includes RWE Dea has commenced development drilling at the gas project in the Algerian Sahara. 26 development wells are planned for the first drilling campaign. The st...

    Second Generation Biofuels Market is Expected to Reach $23.9 Billion, Global, by 2020 - Allied Market Research
    Posted On Feb 05 ,2015 - 02:09-PM | by admin

    According to a new report by Allied Market Research titled, "Global Second Generation Biofuels - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020", the global second ge...

    Rise Of The Vulture Investing Class
    Posted On Feb 05 ,2015 - 02:14-AM | by admin

    The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner, it won’t just be oil companies that will be feeling the pain...

    Petróleo Brasileiro S.A Announce New Campos Basin Discovery
    Posted On Feb 05 ,2015 - 02:13-AM | by admin

    Petrobras announces the discovery of new oil accumulations in concession BM-C-35 (exploratory block C-M-535), located in the Campos Basin post-salt layer. The discovery was made while drilling well...

    Fitch reviews Petrobra's global ratings
    Posted On Feb 05 ,2015 - 02:22-AM | by admin

    Petrobras informs that Fitch Ratings reviewed Petrobras' debt ratings from BBB to BBB-, and has placed these ratings on Rating Watch Negative. This grade keeps Petrobras as an Investment Grade Company...

    CNOOC Limited Announces its 2015 Business Strategy and Development Plan
    Posted On Feb 04 ,2015 - 02:25-PM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced its business strategy and development plan for the year 2015. The Company’s net production target for 2015 is in the ...

    Chevron Acquires Exploration Interests in Mauritania
    Posted On Feb 04 ,2015 - 02:27-PM | by admin

    Chevron Corporation (NYSE:CVX) today announced that its wholly-owned subsidiary Chevron Mauritania Exploration Limited has reached an agreement to acquire a 30 percent non-operated working interest in...

    Neste Oil Release's Financial Statements for 2014
    Posted On Feb 04 ,2015 - 02:32-AM | by admin

    Strong full-year comparable operating profit as a result of a record fourth quarter 2014 Highlights: • Comparable operating profit totaled EUR 583 million (2013: EUR 596 million) • Total refin...

    New President and CEO of Statoil is Eldar Sætre
    Posted On Feb 04 ,2015 - 02:34-AM | by admin

    Statoil’s (OSE: STL, NYSE: STO) board of directors has appointed Eldar Sætre as new president and CEO. Sætre has been acting as president and CEO since October, and assumes the role with immedi...

    CME Group Volume Averaged 15.6 Million Contracts per Day in January 2015, Up 21 Percent from January 2014
    Posted On Feb 03 ,2015 - 02:48-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced that January 2015 volume averaged 15.6 million contracts per day, up 21 percent from January 2014. Total volum...

    Dana Achieves Significant Milestones in Egypt
    Posted On Feb 03 ,2015 - 02:37-AM | by admin

    Dana Gas, the Middle East's leading regional private sector natural gas Company, announced a number of major milestones in the successful fulfillment of its growth strategy in Egypt. Most recently,...

    GE Oil & Gas signs MoU with Kuwait Oil Company
    Posted On Feb 03 ,2015 - 02:46-AM | by admin

    GE Oil & Gas (NYSE: GE) has signed a Memorandum of Understanding (MoU) with the Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Company (KPC), to collaborate in the state of Kuwait in resea...

    Petrobras detects new reservoir in Sergipe Basin’s Farfan area
    Posted On Feb 03 ,2015 - 02:03-AM | by admin

    Petrobras announces that it has confirmed the extension of the light oil and gas discovery, as announced to the market on August 9, 2013, by drilling the third extension well in ultra-deep waters of S...

    BG Group plc Announce 2014 Fourth Quarter & Full Year Results
    Posted On Feb 03 ,2015 - 02:47-AM | by admin

    Full year key points E&P production within guidance at 606 kboed; LNG total operating profit ahead of guidance at $2 544 million; both 4% lower than 2013

    1. • First LNG from QCLNG Trai...

    Anadarko Announces 2014 Fourth-Quarter And Full-Year Results
    Posted On Feb 03 ,2015 - 02:17-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced 2014 fourth-quarter results, reporting a net loss attributable to common stockholders of $395 million, or $0.78 per share (diluted). These re...

    Technip awarded contract for new 500 KTA ethylbenzene styrene monomer plant in China
    Posted On Feb 03 ,2015 - 02:52-AM | by admin

    Technip was awarded a contract by Qingdao Soda Ash Industrial New Material & Technology Company to provide the technology, engineering(1), selected critical equipment and technical services for a 500 ...

    Chevron Announce New Corporate Vice President and Comptroller
    Posted On Feb 02 ,2015 - 02:34-PM | by admin

    Chevron Corporation (NYSE:CVX) today named Jeanette L. Ourada as corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire from the...

    Total Energy Ventures Invests in France’s Avenisense
    Posted On Feb 02 ,2015 - 02:58-PM | by admin

    Total Energy Ventures, the corporate venture capital arm of French energy company Total, is investing in Avenisense, a French company specialized in embedded fluid property sensors. Founded in 201...

    Arctic Oil On Life Support
    Posted On Feb 02 ,2015 - 02:45-PM | by admin

    Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still...

    ExxonMobil Earns $32.5 Billion in 2014; $6.6 Billion During Fourth Quarter
    Posted On Feb 02 ,2015 - 02:47-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) today announced estimated full-year 2014 earnings of $32.5 billion compared with $32.6 billion a year earlier, reflecting the strength of its integrated business mod...

    Increasing Demand For Refined Products Will Increase Oil Prices
    Posted On Jan 29 ,2015 - 01:52-PM | by admin

    In last week's article I posted a chart from the International Energy Agency'srecent Oil Market Report that shows global demand for refined products catching up to supply by the 3rd quarter of this ye...

    Occidental Announces 4th Quarter and Twelve Months 2014 Results
    Posted On Jan 29 ,2015 - 01:18-PM | by admin

    Highlights Q4 2014 core income of $560 million, or $0.72 per diluted share Year-end 2014 cash balance of $7.8 billion exceeds total debt of $6.8 billion Q4 2014 Permian Resources ye...

    Lies And Deception In Ukraine's Energy Sector
    Posted On Jan 29 ,2015 - 01:36-AM | by admin

    The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime Minister Arseniy Y...

    Shell Announce full year 2014 update
    Posted On Jan 29 ,2015 - 01:12-AM | by admin

    Shell’s CEO Ben van Beurden today updates on 2014 performance and his priorities for the company, in presentations to financial markets. Van Beurden commented: “Shell has delivered where it coun...

    Total awarded 10% in the new 40-year ADCO concession in Abu Dhabi
    Posted On Jan 29 ,2015 - 01:00-AM | by admin

    Total has signed a new 40-year onshore concession agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi (United Arab Emirates) and the Abu Dhabi National Oil Company (ADNOC), granti...

    GE and Statoil launch ambitious new collaboration to accelerate development of sustainable energy solutions
    Posted On Jan 28 ,2015 - 01:34-PM | by admin

    GE and Statoil have now announced a new collaboration to accelerate the development of more environmentally and economically sustainable energy solutions to help fuel the future. This joint techno...

    Chevron Expands Its U.S. Gulf of Mexico Leasehold Position with Acquired Deepwater Acreage
    Posted On Jan 28 ,2015 - 01:23-PM | by admin

    Chevron Corporation (NYSE:CVX) today announced its subsidiary, Chevron U.S.A. Inc., will work with BP Exploration and Production Inc. (BP) and ConocoPhillips Company (ConocoPhillips) to explore and ap...

    Hess Reports Estimated Results For The Fourth Quarter 2014
    Posted On Jan 28 ,2015 - 01:08-PM | by admin

    Hess Corporation (NYSE: HES) today reported adjusted net income, which excludes items affecting comparability, of $53 million or $0.18 per common share, for the fourth quarter of 2014 compared with $3...

    SacOil Announce Update on Lagia oil field
    Posted On Jan 28 ,2015 - 01:05-PM | by admin

    SacOil Holdings Limited ("SacOil") through its subsidiary Mena International Petroleum Company Limited ("Mena") announced the successful on-time completion of phase 1 of the field development operatio...

    Petrobras announces 3Q14 Financial results, not reviewed
    Posted On Jan 28 ,2015 - 01:46-AM | by admin

    Petrobras announced its consolidated results, not reviewed by independent auditors, stated in millions of Reais, prepared in accordance with IAS 34, except with errors found in certain amounts of prop...

    Invitation to Aker Companies Investor Day
    Posted On Jan 28 ,2015 - 01:49-AM | by admin

    Aker, Aker Solutions, Akastor, Kvaerner, Det norske, Ocean Yield and Havfisk are pleased to invite investors, analysts and media to take part in a joint investor day in London 17 March 2015. Date: ...

    OCTP integrated oil & gas project in Ghana Moves Forward
    Posted On Jan 27 ,2015 - 01:05-PM | by admin

    Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the a...

    Hess Corporation Announces 2015 Capital and Exploratory Budget
    Posted On Jan 27 ,2015 - 01:30-AM | by admin

    Hess Corporation (NYSE:HES) announced today a 2015 capital and exploratory budget of $4.7 billion, a 16 percent reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45 perce...

    Technip awarded two subsea contracts in the Gulf of Mexico by Stone Energy Corporation
    Posted On Jan 27 ,2015 - 01:16-AM | by admin

    Leveraging its unique subsea vertical integration - Unique vertical integration - Technip to design, manufacture and install the flexible pipe - First class assets and technologies - Technip to leve...

    Oil Prices Changing The Face Of Global Geopolitics
    Posted On Jan 27 ,2015 - 01:35-AM | by admin

    In a documentary that aired recently on the Canadian Broadcasting Corporation's popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described ...

    Afren provides update on its capital structure, liquidity and funding requirements announced on 20 January 2015
    Posted On Jan 27 ,2015 - 01:32-AM | by admin

    In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices, the Board has been reviewing the funding and liquidity requirement...

    African Petroleum Announce Update in Cote d’Ivoire and Liberia
    Posted On Jan 26 ,2015 - 01:11-PM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa,is pleased to announce an update to its prospective oil reso...

    CME Group Announces Six New Additional European Natural Gas Contracts on CME Europe
    Posted On Jan 26 ,2015 - 01:06-PM | by admin

    CME Group, the world's leading and most diverse derivatives market place, announced today the launch of six new additional European Natural Gas cleared future contracts on CME Europe, adding to the fo...

    Does the Fracking process really carry potentially serious environmental risks?
    Posted On Jan 26 ,2015 - 01:48-AM | by admin

    Why has the US been so successful at employing this process and why is Europe lagging so far behind. The current Oil price drop has been attributed mostly to the oversupply of Oil in the global marke...

    KrisEnergy completes 2D seismic program in SS-11 offshore Bangladesh
    Posted On Jan 23 ,2015 - 01:43-PM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, announces that the Binh Minh 2 vessel has completed a 3,146 km 2D seismic acquisition program in t...

    BPZ Energy Announces New Production from Albacora A-27D Well
    Posted On Jan 23 ,2015 - 01:11-AM | by admin

    BPZ Energy (NYSE: BPZ) (BVL: BPZ), an independent oil and gas exploration and production company, today provided initial production rates from the Albacora A-27D development well at offshore Block Z-1...

    Total Signs First Global Agreement with IndustriALL Global Union
    Posted On Jan 22 ,2015 - 01:57-PM | by admin

    Total strengthens its commitment as a responsible employer by signing a global agreement today with international union federation IndustriALL Global Union, which represents more than 50 million worke...

    Eni announces a new oil and gas discovery in the Western Desert of Egypt
    Posted On Jan 22 ,2015 - 01:32-PM | by admin

    Eni has announced a new discovery of oil and gas in the West Melehia deep exploration prospect, located in the Melehia licence, in the Western Desert of Egypt, 300 square kilometers west of Alexandria...

    Crushing The U.S. Energy Export Dream
    Posted On Jan 22 ,2015 - 01:13-AM | by admin

    Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil is dumber. The U.S. imports almost half of t...

    EDGE standard, the global standard for gender equality in the workplace
    Posted On Jan 22 ,2015 - 01:43-AM | by admin

    Technip and EDGE Certified Foundation announce today that Technip in Brazil, in France and in Italy, including flexible pipe manufacturing plants in Brazil and France and Group’s headquarters, have ...

    Tullow provides update on exploration and appraisal activities in onshore Kenya
    Posted On Jan 22 ,2015 - 01:02-AM | by admin

    Epir-1 exploration result The Epir-1 exploration well is located in block 10BB in the North Kerio Basin, a separate sub-basin from that tested by the Kodos-1 well, 25 km to the southwest. Whilst no...

    Neste Oil listed among the world's most sustainable companies in 2015
    Posted On Jan 22 ,2015 - 01:21-AM | by admin

    Neste Oil has been selected for the ninth time for inclusion in The Global 100 list of the world's most sustainable companies. In 2015, the company ranks 31st on the list. The top position in the 2...

    Halliburton Reported income from continuing operations of $1.06 per diluted share
    Posted On Jan 21 ,2015 - 01:42-PM | by admin

    Halliburton Company (NYSE:HAL) announced that income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 mill...

    Baker Hughes Announces Fourth Quarter and Annual Results
    Posted On Jan 21 ,2015 - 01:30-PM | by admin

    2014 Full Year Results Revenue for the year was a record $24.6 billion, up 10% compared to $22.4 billion for 2013. In 2014, adjusted EBITDA (a non-GAAP measure) was $4.8 billion, a 30% increase ...

    Origin gives Update on Speculant-1 exploration well
    Posted On Jan 21 ,2015 - 01:54-AM | by admin

    Origin Energy Limited (Origin) announced that the Speculant-1 exploration well, which spudded at 04.00 hours EST on 23 September 2014, had reached total depth of 4,917m MDRT (Measured Depth Below Rota...

    Lekoil Announce Resource to Reserve Conversion at Otakikpo
    Posted On Jan 21 ,2015 - 01:55-AM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces the completion of an Addendum to the Competent Persons Report (...

    Faroe Awarded New exploration licences in Norway
    Posted On Jan 21 ,2015 - 01:09-AM | by admin

    Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, announced that it has been awarded five new pros...

    Bowleven Announce Bomono Operational Update
    Posted On Jan 21 ,2015 - 01:05-AM | by admin

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces an update on its two well exploration drilling programme on the Bomono Permit. At the Zingana well site civil eng...

    Chevron and SK LNG Trading Sign Gorgon LNG Supply Agreement
    Posted On Jan 21 ,2015 - 01:30-AM | by admin

    Chevron Corporation (NYSE: CVX) announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is...

    Oil Price Collapse Hurting Some More Than Others in U.S
    Posted On Jan 21 ,2015 - 01:09-AM | by admin

    U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil ...

    Aker Solutions Wins Five-Year EPMA Work at Johan Sverdrup Field
    Posted On Jan 21 ,2015 - 01:53-AM | by admin

    Aker Solutions will provide engineering, procurement and management assistance services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea. The EPMA work, ...

    Eni awarded two exploration licenses in Norway
    Posted On Jan 20 ,2015 - 01:00-PM | by admin

    Eni was awarded by the Ministry of Petroleum and Energy two exploration licenses in the Barents sea and in the North Sea as part of the Norwegian Award in Pre-Defined Areas (APA) 2014. Following th...

    Statoil awarded 15 licences on the Norwegian continental shelf
    Posted On Jan 20 ,2015 - 01:39-PM | by admin

    In the Awards in Predefined Areas 2014, Statoil has been awarded interests in 15 licences on the NCS, 8 of those as operator. Today, the government has also announced the blocks in the 23rd concession...

    Schlumberger to Acquire Minority Share in Eurasia Drilling Company
    Posted On Jan 20 ,2015 - 01:26-PM | by admin

    Schlumberger Limited (NYSE:SLB) announced today an agreement to acquire a minority equity interest in Eurasia Drilling Company Limited (“EDC”). The agreement extends the successful long-term r...

    Noble Energy Announces Madison Exploration Results In The Gulf Of Mexico
    Posted On Jan 20 ,2015 - 01:29-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that the Madison exploration well in the Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter commercial hydroca...

    GE Oil & Gas Awarded Contract By PERU LNG Plant
    Posted On Jan 20 ,2015 - 01:57-AM | by admin

    GE Oil & Gas (NYSE: GE) announced it has been awarded a long-term contractual service agreement (CSA) through General Electric International Peru to support the PERU LNG S.R.L liquefied natural gas (L...

    Statoil awards NOK2.0 billion contract to Kværner Verdal
    Posted On Jan 20 ,2015 - 01:36-AM | by admin

    On behalf of the Johan Sverdrup licence partners, Statoil is today awarding a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field. Scheduled for deliv...

    Northern Explorer signs letter of intent ("LOI") for a 2D seismic survey in West Africa
    Posted On Jan 20 ,2015 - 01:36-AM | by admin

    SeaBird Exploration Plc ("SeaBird") announced that Northern Explorer has signed a letter of intent ("LOI") for a 2D seismic survey in West Africa. The survey size is approximately 1,700 km with an est...

    Azonto Petroleum Limited Announce Directorate Changes
    Posted On Jan 20 ,2015 - 01:45-AM | by admin

    The Board of Azonto announces that a "fit for purpose" review of the Company's operating structure and costs has been carried out with the objective of maintaining the viability of the current portfol...

    Roxi Drawdown on equity facility
    Posted On Jan 20 ,2015 - 01:18-AM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, updated the market with news it has called down a further $2.0 million from the $40 million equity facility announced in January...

    Petrofac awarded US$4 billion heavy oil project in Kuwait
    Posted On Jan 20 ,2015 - 01:13-AM | by admin

    Petrofac, the international oil and gas services provider, has received an award notification for the first phase of Kuwait Oil Company’s (KOC) Lower Fars heavy oil development programme, which is l...

    Shareholders' Nomination Board's proposal for the composition of Neste Oil's Board of Directors
    Posted On Jan 20 ,2015 - 01:32-AM | by admin

    The Shareholders' Nomination Board, established by Neste Oil Corporation's Annual General Meeting (AGM) on 4 April 2013, will propose to the AGM to be held on 1 April 2015 that the company's Board of ...

    ExxonMobil Begins Production at the Sakhalin-1 Arkutun-Dagi Field
    Posted On Jan 19 ,2015 - 01:17-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed. Peak daily production fr...

    IOR & EOR Experts to meet in Dubai
    Posted On Jan 19 ,2015 - 01:54-PM | by admin

    On 16 – 18 February this year, regional and international experts in Improved and Enhanced Oil Recovery will gather in Dubai, UAE for the 12th global edition of IOR/EOR Global Praxis Interactive Tec...

    Eni Gets a three-year extension on the exploration period of Block 15/06 in Angola
    Posted On Jan 19 ,2015 - 01:05-AM | by admin

    Eni obtained a three-year extension from the Angolan authorities to the exploration period of the prolific Block 15/06, located in Angola’s offshore, approximately 350 kilometers north-west of the c...

    Eni announces the production start-up at Lucius oil field in Gulf of Mexico deepwater
    Posted On Jan 19 ,2015 - 01:12-AM | by admin

    Eni announces the production start-up from the Lucius Field in the Gulf of Mexico deepwater, 240 miles south of the Louisiana coast, United States. Lucius, which is in approximately 7,000 feet of w...

    Schlumberger Announces Full-Year and Fourth-Quarter 2014 Results
    Posted On Jan 16 ,2015 - 01:49-AM | by admin

    Highlights: Fourth-quarter revenue of $12.6 billion increased 6% year-on-year

  • Fourth-quarter EPS of $1.50, excluding charges and credits, grew 11% year-on-year
  • Board approves 25%...

  • Eni announces the temporary restart of Porto Marghera's cracker following a supply agreement with Shell
    Posted On Jan 16 ,2015 - 01:31-AM | by admin

    Versalis (Eni) announced the temporary restart of the Porto Marghera (Venice) cracking plant, as a result of a supply agreement with Shell. The operation will provide temporary support to Shell; the p...

    Back To Basics: Why Conventional Drilling Makes Sense in 2015
    Posted On Jan 15 ,2015 - 01:06-PM | by admin

    This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional become...

    BP, America’s Largest Energy Investor in the US
    Posted On Jan 15 ,2015 - 01:52-PM | by admin

    Over the past five years, BP has invested nearly $50 billion in the US – more than any other energy company. BP is a leading producer of oil and gas and provides enough energy annually to light near...

    Major tax change needed urgently to counter falling oil price and save investment and jobs
    Posted On Jan 15 ,2015 - 01:13-AM | by admin

    Malcolm Webb, Oil & Gas UK’s chief executive, said: “Evidence of the threat from the falling oil price to UK investment and jobs is mounting daily with oil and gas companies cutting exploration an...

    IMF Executive Board Approves New Two-Year US$23 Billion Flexible Credit Line Arrangement for the Republic of Poland
    Posted On Jan 15 ,2015 - 01:39-AM | by admin

    The Executive Board of the International Monetary Fund (IMF) today approved a successor two-year arrangement for the Republic of Poland under the Flexible Credit Line (FCL) with reduced access in an a...

    Another perspective to 'Age of cheap oil'
    Posted On Jan 15 ,2015 - 01:06-AM | by admin

    The Age Of Cheap Oil Is Over 'Saudi Arabia requires $93/bbl Brent to balance their budget. At today’s oil price, the Kingdom is going to watch their savings account drop by an estimated $50 Billi...

    Tullow Announce 2014 revenue of $2.2 billion and Issue Operational Update
    Posted On Jan 15 ,2015 - 01:59-AM | by admin

    Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year ended 31 December 2014. This is in advance of ...

    West Franklin Phase 2 brought on stream in the North Sea
    Posted On Jan 15 ,2015 - 01:53-AM | by admin

    Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project will supply 40,000 barrels of oil equivalent per day ...

    CME Group Announces Record NYMEX Brent (BZ) Volume Surpasses 200K
    Posted On Jan 14 ,2015 - 01:57-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract on Tuesday, January 13, ...

    CME Group Launches the 'Futures Institute' to Help Develop Traders in the Futures Markets
    Posted On Jan 14 ,2015 - 01:46-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, announced the launch of the Futures Institute, an innovative new online platform for futures and options on futures education, ...

    Tullow Oil Issues Interim Management Statement
    Posted On Jan 14 ,2015 - 01:21-PM | by admin

    Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 12 November 2014. The Group will announce its full year Trading Statement and Operational Update on ...

    Hydrocarb Energy Moves Ahead with Seismic Program in Namibia
    Posted On Jan 14 ,2015 - 01:24-PM | by admin

    Hydrocarb Energy Corporation (OTCQB:HECC) has announced it is preparing to issue Request For Proposals to four seismic acquisition contractors to complete a 750km 2-dimensional seismic program on its ...

    Newfield Provides Update on its China Business Marketing Process
    Posted On Jan 14 ,2015 - 01:36-PM | by admin

    Newfield Exploration Company (NYSE: NFX) disclosed that the Company has concluded its marketing process for its China business and now plans to retain the assets. For financial purposes, the China bus...

    Suncor accelerates spending reductions in response to lower crude price
    Posted On Jan 14 ,2015 - 01:13-PM | by admin

    Suncor Energy Inc. announced significant spending reductions to its 2015 budget in response to the current lower crude price environment. The cuts include a $1 billion decrease in the company's capita...

    Qatar Petroleum and Shell not to pursue Al Karaana petrochemicals project
    Posted On Jan 14 ,2015 - 01:57-PM | by admin

    Qatar Petroleum and Shell have decided not to proceed with the proposed Al Karaana petrochemicals project, and to stop further work on the project. The decision came after a careful and thorough evalu...

    Geophysical Survey Projects in Papua New Guinea
    Posted On Jan 14 ,2015 - 01:49-AM | by admin

    CGG announced that it has been awarded both a land seismic and an airborne gravity survey by InterOil Corporation to assess the hydrocarbon potential of their acreage in Papua New Guinea. CGG’s a...

    OSM Offshore awarded Mariner FSU contract by Statoil UK Limited
    Posted On Jan 14 ,2015 - 01:12-AM | by admin

    OSM Offshore Aberdeen Limited, a subsidiary of OSM Offshore AS and a member of OSM Maritime Group, a global independent provider of offshore management services, has on 9th of January 2015 agreed to e...

    Eni strengthens position in Egypt
    Posted On Jan 14 ,2015 - 01:10-AM | by admin

    Signs concession agreements for two new exploration blocks in the Egyptian Mediterranean As a result of the EGAS 2013 bid round, Eni signed two concession agreements for the North Leil and Karawan...

    Petrobras Announce Proven Reserves in 2014
    Posted On Jan 14 ,2015 - 01:51-AM | by admin

    Petróleo Brasileiro S.A. - Petrobras announces its proven reserves of petroleum (oil and condensate) and natural gas, assessed at the end of 2014 according to ANP/SPE (National Petroleum, Natural Gas...

    Taipan Announce Badada-1 Well Spud Onshore Kenya
    Posted On Jan 14 ,2015 - 01:08-AM | by admin

    Taipan Resources Inc. (TSX VENTURE:TPN)(OTCQX:TAIPF) ("Taipan", "the Company"), through its Kenya-based subsidiary Lion Petroleum (“Lion”), announced that the GW-190 rig has spudded the Badada-1 w...

    5 Ways To Play The Oil Price Plunge
    Posted On Jan 14 ,2015 - 01:16-AM | by admin

    The collapse of the oil price has created losers and winners, and like every major movement in a commodity sector, the trick for investors is figuring out which side of the trade to be on. The most ob...

    Tethys Petroleum Announce Kazakhstan Gas Production Doubles
    Posted On Jan 13 ,2015 - 01:35-PM | by admin

    Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") announced that the new phase of gas production is on stream and is producing at more than double previous production. Kazakhs...

    London Stock Exchange Group signs partnership agreement with Borsa İstanbul
    Posted On Jan 13 ,2015 - 01:18-PM | by admin

    London Stock Exchange Group (LSEG) announced that it has signed a partnership agreement with Borsa İstanbul, covering derivatives and index products. Under the terms of the partnership agreement L...

    Sumatec Trims Acquisition Price Of Borneo Energy
    Posted On Jan 13 ,2015 - 01:08-PM | by admin

    Sumatec Resources Bhd has entered into a supplemental agreement with vendors to reduce the purchase price for the proposed acquisition of Borneo Energy Oil and Gas Limited by US$60 million (US$1 = RM3...

    Lamprell Announce Pre-close Trading Update
    Posted On Jan 13 ,2015 - 01:54-PM | by admin

    Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the onshore and offshore energy industry, publishes a trading update ahead of its results for the yea...

    KrisEnergy completes Block A Aceh acquisition
    Posted On Jan 13 ,2015 - 01:39-PM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 1 July 2014 in relation to the acquisition of Premier Oil Sumatra...

    Construction of Opalenica wind farm to commence in Poland
    Posted On Jan 13 ,2015 - 01:48-AM | by admin

    RWE Innogy is to commence construction work on their 7th wind farm, Opalenica, in Poland this week. The plant manufacturer Nordex will build seven wind power turbines with a capacity of 2.4 megawatts ...

    CAMAC Terminates Contract for drillship Energy Searcher
    Posted On Jan 13 ,2015 - 01:52-AM | by admin

    CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT: CAK) announced it has terminated its contract with Northern Offshore International Drilling Company Ltd. (“Northern”) for the drills...

    Sound Oil Announce Withdrawal of Intended Offer for Antrim Energy Inc.
    Posted On Jan 13 ,2015 - 01:44-AM | by admin

    On 24 November 2014 Sound Oil announced its intention to launch a public offer (the "Intended Offer") for 100% of the share capital of Antrim Energy Inc ("Antrim"). Sound Oil confirms that followi...

    Cairn Announce Pre-close Update
    Posted On Jan 13 ,2015 - 01:14-AM | by admin

    Cairn Energy PLC intends to announce its preliminary results for the year to 31 December 2014 on Tuesday 10 March 2015. In advance of these results, Cairn is providing information on recent operations...

    ExxonMobil Marine Affiliate Names Eagle Bay, New U.S.-Flag Tanker in Philadelphia
    Posted On Jan 13 ,2015 - 01:15-AM | by admin

    Exxon Mobil Corporation’s marine affiliate, SeaRiver Maritime, Inc., named the Eagle Bay, the second of its two new U.S.-flag crude oil tankers, at a ceremony at Aker Philadelphia Shipyard. The f...

    Petrobras reaches daily, monthly and annual records in oil and natural gas production in December
    Posted On Jan 13 ,2015 - 01:36-AM | by admin

    Petrobras´ total oil and natural gas production in December, in Brazil and abroad, has reached an average of 2 million 863 thousand barrels of oil equivalent per day, representing the best result eve...

    Total Energy Ventures Invests in Stem
    Posted On Jan 13 ,2015 - 01:24-AM | by admin

    Total Energy Ventures (TEV), the venture capital arm of French energy company Total, is investing in Stem, which specializes in energy optimization solutions for commercial and industrial (C&I) custom...

    Roxtec seals deal with daylighting systems manufacturer
    Posted On Jan 12 ,2015 - 01:24-PM | by admin

    CABLE and pipe seal specialist Roxtec has designed and tested tailor-made fire collars for a manufacturer of natural light systems which maximise daylight into buildings. Roxtec worked in partnersh...

    Afren gives Update on Barda Rash, Kurdistan region of Iraq
    Posted On Jan 12 ,2015 - 01:09-AM | by admin

    Afren plc (“Afren” or the “Company”) provides the following update in relation to its sixty percent working interest in the Barda Rash field in the Kurdistan region of Iraq. An updated Comp...

    GIS unaffected by lower oil prices
    Posted On Jan 09 ,2015 - 01:07-PM | by admin

    The Board of Directors of Gulf International Services has recommended a cash dividend distribution for the financial period ended December 31st, 2014 of QR 1022.12 million, which is equivalent to QR 5...

    Petrobras confirms light oil potential of Muriú area in the Sergipe Basin
    Posted On Jan 09 ,2015 - 01:27-PM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces results of drilling well 9-SES-187A (Petrobras nomenclature) / 9-BRSA-1278A-SES (ANP nomenclature), located in concession area BM-SEAL-10, blocks SEAL...

    Eni signs a Concession Agreement for a new exploration block in the Western Desert of Egypt
    Posted On Jan 09 ,2015 - 01:13-PM | by admin

    Eni signed a new Concession Agreement to operate in the South-West Melehia block in the Western Desert of Egypt, following the Egyptian General Petroleum Corporation (EGPC) 2013 international competit...

    Ritz-Carlton Bahrain offers holiday packages, family activities
    Posted On Jan 09 ,2015 - 01:53-AM | by admin

    With the holiday festivities spilling over into January, The Ritz-Carlton, Bahrain Hotel & Spa has prepared a full schedule of exciting family activities and holiday packages this month, promising ple...

    Petrobras discovers new oil accumulation in Farfan area in the Sergipe Basin
    Posted On Jan 09 ,2015 - 01:42-AM | by admin

    Petrobras announces results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ult...

    Statoil extend the life of the Norne field to 2030
    Posted On Jan 09 ,2015 - 01:40-AM | by admin

    Initially scheduled to be shut down during 2014, the ambition is now to extend the life of the Norne field to 2030. The Norne field came on stream on 6 November 1997, and the initial development...

    ARC Resources Ltd. Announces Reduced 2015 Capital Program
    Posted On Jan 09 ,2015 - 01:55-AM | by admin

    ARC Resources Ltd. ("ARC") announced that it has entered into an agreement to sell 15.5 million common shares at $22.55 per share to raise gross proceeds of approximately $350 million on a bou...

    Tangiers Petroleum's Alaska move teams it with Eagle Ford pioneer
    Posted On Jan 08 ,2015 - 01:31-PM | by admin

    Tangiers Petroleum is changing its name to reflect is change in strategic direction to Alaska from northern Africa. This follows the failure of the TAO-1 well off the coast of Morocco, which it hel...

    Seplat Issues Statement regarding possible combination with Afren plc
    Posted On Jan 08 ,2015 - 01:40-PM | by admin

    In accordance with the provisions of Section 10 of the Amended Listing Rules of the Nigerian Stock Exchange, Seplat Petroleum Development Company Plc ("Seplat" or the "Company") notes the announcement...

    Taleveras & Equatorial Guinea Join Forces To Create Largest Oil Terminal In West Africa
    Posted On Jan 08 ,2015 - 01:46-PM | by admin

    Taleveras Group, the leading supplier of crude oil and refined petroleum products in West Africa, signed an agreement with The Ministry of Mines, Industry and Energy of Equatorial Guinea, in Malabo on...

    Roxi Announce Proposed Sale of the Galaz Contract Area
    Posted On Jan 08 ,2015 - 01:28-PM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area in which it holds an interest of 34.22 per cent. Roxi no...

    Regal Petroleum plc announce Ukraine Update
    Posted On Jan 08 ,2015 - 01:24-AM | by admin

    Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group,announces an update of operational activities at its 100% owned and operated MekhediviskaGolotvshinska (MEX-...

    JKX OIL & GAS plc suspends its planned 2015 capital investment programme in Ukraine
    Posted On Jan 08 ,2015 - 01:05-AM | by admin

    The Board of JKX ("JKX") has decided that the combination of Ukrainian Government-imposed restrictions on selling its gas to industrial clients and the punitive rate of gas production tax requires the...

    Eland Secures $75 million Reserves Based Lending Facility
    Posted On Jan 08 ,2015 - 01:42-AM | by admin

    Eland Oil & Gas PLC (AIM: ELA), an oil & gas production, development and exploration company operating in West Africa with an initial focus on Nigeria, announced it has finalised arrangements for a ne...

    CNOOC announce Natural Gas Discovery on Independent Deepwater Exploration
    Posted On Jan 07 ,2015 - 01:30-AM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company has successfully made a new mid-to-large sized natural gas discovery Lingshui 25-1 on the independent dee...

    Swala Announce Successful Completion of 2014 Seismic Programme over Kilombero Basin
    Posted On Jan 07 ,2015 - 01:42-AM | by admin

    Swala Energy Limited ("Swala" or "the Company") announced that its 58.5% owned subsidiary company, Swala Oil and Gas (Tanzania) Plc (“Swala Tanzania”), has successfully completed its 430km 2D seis...

    Total achieves flare-out on its operated Ofon field, offshore Nigeria
    Posted On Jan 07 ,2015 - 01:55-AM | by admin

    Total has completed the flare out of the Ofon field on Oil Mining Lease (OML) 102 offshore Nigeria. The associated gas of the Ofon field is now being compressed, evacuated to shore and monetized via N...

    Statoil awards contracts for services at seven coastal bases
    Posted On Jan 07 ,2015 - 01:45-AM | by admin

    The contracts awarded include terminal and warehouse services as well as storage and pipeline handling. “These contracts, which will involve a long-term cooperation with the chosen suppliers, will ...

    Shell’s Nigerian subsidiary agrees £55 million settlement with the Bodo community
    Posted On Jan 07 ,2015 - 01:02-AM | by admin

    Shell’s Nigerian subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has today announced a £55 million settlement agreement with the Bodo community in respect of the two ...

    OCEANTEAM SHIPPING ASA - FINANCIAL CALENDAR 2015
    Posted On Jan 06 ,2015 - 01:28-PM | by admin

    The dates for publishing of Oceanteam Shipping ASA's financial reports are as follows: 4th Quarter 2014 19 February 2015 Annual Accounts 2014 23 April 2015 1st Quarter 2015 ...

    Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico
    Posted On Jan 06 ,2015 - 01:52-PM | by admin

    Chevron Corporation (NYSE:CVX) announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron's second discovery in the deepwater Gulf in less tha...

    Crude now @ $50.04 per barrel
    Posted On Jan 06 ,2015 - 01:55-AM | by admin

    US crude closed down $2.65, or 5 percent, at $50.04 a barrel. Brent crude is now around $53 a barrel, down about $3, after dropping to $52.66 Saudi Arabia reduced its official price for light ...

    SacOil Announce Commencement of development operations – Lagia oil field
    Posted On Jan 06 ,2015 - 01:25-AM | by admin

    SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited ("Mena"), is pleased to announce the commencement of field development operations at its 100% owned Lagia o...

    Eni starts production at Nené Marine Field, offshore Congo
    Posted On Jan 05 ,2015 - 01:50-PM | by admin

    Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months following the exploration discovery. The field is located in M...

    Eni awarded an exploration license in Croatia
    Posted On Jan 05 ,2015 - 01:19-PM | by admin

    Eni was awarded an exploration license within the Croatian First Offshore Licensing Round. The License is referred to Block 9, which is situated in the Adriatic Offshore, a region where Eni is the exp...

    Dana Gas Receives US$ 60 million from Egypt
    Posted On Jan 05 ,2015 - 01:51-AM | by admin

    Dana Gas, the Middle East's leading regional private sector natural gas Company, announced that it has received from the Egyptian Government a payment of US$ 60 million (AED 220 million). This represe...

    Gazprom secures gas supplies to southern Kyrgyzstan
    Posted On Dec 31 ,2014 - 12:40-PM | by admin

    Natural gas supplies to the South of Kyrgyzstan were renewed after an eight-month stoppage. This was achieved due to the accord between Gazprom and the Uzbekneftegaz petroleum company for 2015, stipul...

    GE Oil & Gas Technology Used in First-Ever Large-Scale Production of LNG from Coal Seam Gas for Queensland Curtis LNG
    Posted On Dec 31 ,2014 - 12:56-PM | by admin

    GE Oil & Gas (NYSE: GE) has played a pivotal role in the global liquefied natural gas (LNG) industry with its systems used in the first-ever large-scale production of LNG from coal seam gas (CSG) at B...

    Afren Announce Settlement of claims against former CEO and COO
    Posted On Dec 31 ,2014 - 12:02-PM | by admin

    Afren plc (“Afren” or the “Company”) announces that it has successfully secured, from its former CEO, Osman Shahenshah, and former COO, Shahid Ullah, a cash payment of US$17.1mn

    Petrobras Sets up of Committees to Analyze the Application of Administrative Sanctions and Provisional Ban
    Posted On Dec 30 ,2014 - 12:56-PM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces that today its Executive Board approved the set up of Committees to Analyze the Application of Sanctions (CAASE) and the provisional ban of companies ...

    Petrobras declares commerciality of the Santos Basin pre-salt areas of Iara and Entorno de Iara
    Posted On Dec 30 ,2014 - 12:05-PM | by admin

    Petrobras announces that today it submitted the declarations of commerciality to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) regarding the oil and gas accumulations located in...

    Versalis signs agreement with Saras for the transfer of the Sarroch plants
    Posted On Dec 30 ,2014 - 12:00-AM | by admin

    Versalis (Eni) has announced the signing of a firm agreement with Sarlux (Saras) that officially formalizes the transfer of the plants of the Sarroch site (Cagliari, Sardinia). The aim of the agreemen...

    BG Group loads first LNG cargo from QCLNG project in Australia
    Posted On Dec 30 ,2014 - 12:04-AM | by admin

    The world's first coal-seam-gas to LNG facility starts up BG Group (LSE: BG.L), a world leader in exploration and LNG, announced that it has been loading the first cargo of LNG from its Queensland...

    Season's Greetings from Oilandgaspress.com
    Posted On Dec 25 ,2014 - 12:59-PM | by admin

    Merry Christmas and Happy Holidays Warmest Wishes for a wonderful Christmas and Happy 2015 from us all at Oilandgaspress.com. Thank you for a successful 2014 and we look forward t...

    Noble Energy Provides Update On Regulatory Matters In Israel
    Posted On Dec 24 ,2014 - 12:56-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) and its partners in the Leviathan field were advised by the Israel Anti-trust Authority of its decision to not submit the Consent Decree to the Anti-trust Tribunal for f...

    Petrobras reaches records of daily oil and overcomes 700 thousand barrels per day of production at the Pre-Salt layer
    Posted On Dec 24 ,2014 - 12:50-PM | by admin

    Petrobras announces that it reached, in December 21st, a new historical record of oil and NGL daily production, producing 2 million 286 thousand barrels. Produced volume does not take into account the...

    BG Group agrees sale and charter of LNG vessels
    Posted On Dec 23 ,2014 - 12:25-PM | by admin

    BG Group (LSE: BG.L), a world leader in exploration and LNG, has entered into an agreement with GasLog Ltd for them to acquire two modern tri-fuel diesel electric ("TFDE") LNG carriers for proceeds of...

    BP and SOCAR Sign an Agreement to Explore Shallow Water Absheron Peninsula
    Posted On Dec 23 ,2014 - 12:51-PM | by admin

    BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area arou...

    Statoil optimises portfolio – realising USD 394 million from Marcellus asset
    Posted On Dec 23 ,2014 - 12:50-AM | by admin

    Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million transaction with Southwestern Energy (the “tran...

    African Petroleum Announce Term Sheet Signed for Liberian Licence LB-08
    Posted On Dec 23 ,2014 - 12:26-AM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, is pleased to announce that it has signed a non-binding ter...

    Hess Announces LOI with the North West Shelf to Liquefy Equus Gas
    Posted On Dec 23 ,2014 - 12:05-AM | by admin

    Hess Corporation (NYSE:HES) announced today that its Australian subsidiary, Hess Exploration Australia Pty Ltd, has signed a non-binding Letter of Intent (LOI) with the North West Shelf (NWS). Hess in...

    Aker Solutions Employees Buy Shares for NOK 95 Million
    Posted On Dec 22 ,2014 - 12:29-PM | by admin

    Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers. The company for the sixth consecutive year held share purchase programs to encoura...

    Prime Minister of Kazakhstan meets Eni CEO, Claudio Descalzi
    Posted On Dec 22 ,2014 - 12:52-PM | by admin

    The Prime Minister of Kazakhstan, Karim Massimov, and the Minister of Energy, Vladimir Shkolnik, met Eni’s CEO Claudio Descalzi today in Astana. In the meeting, Claudio Descalzi illustrated the p...

    Rescission of Nitrogenous Fertilizers Unit III construction and assembly contract
    Posted On Dec 22 ,2014 - 12:00-AM | by admin

    Petrobras announces it has rescinded the construction and assembly contract for the Nitrogenous Fertilizers Unit III – UFN III, in Três Lagoas (MS), due to a breach of contract by Consortium UFN3 (...

    Neste Oil to revise its full-year 2014 guidance
    Posted On Dec 22 ,2014 - 12:02-AM | by admin

    Neste Oil has revised its guidance and now expects the Group's full-year comparable operating profit to be above EUR 550 million in 2014. Previously the company expected it to be above EUR 400 million...

    IMF Staff Concludes 2014 Article IV Mission to Nigeria
    Posted On Dec 19 ,2014 - 12:11-PM | by admin

    An International Monetary Fund mission led by Gene Leon visited Abuja and Lagos December 1−15 to hold discussions for the 2014 Article IV consultation. Discussions focused on policies to addressing ...

    Subsea 7 S.A. announces an internal reorganisation and changes to its segmental reporting structure
    Posted On Dec 19 ,2014 - 12:14-PM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC) announces that,with effect from 1 January 2015, it will be changing the organisational structure of its business to better align it to the Group’s strategic priorit...

    Woodside Finalize Farm In Agreement For Nova Scotia, Canada
    Posted On Dec 19 ,2014 - 12:09-PM | by admin

    Woodside advises that it has finalised an agreement with BP to farm in to offshore blocks in the Scotian Basin, located off the coast of Nova Scotia, Canada. BP accepted Woodside’s offer to acqui...

    Nexans delivers first batch of DEH system to BP-operated Shah Deniz Stage 2 development project.
    Posted On Dec 19 ,2014 - 12:54-PM | by admin

    Nexans has provided to BP the first delivery in what will be the world’s largest and most complex Direct Electrical Heating (DEH) system to date. Nexans is supplying a comprehensive subsea DEH syste...

    Neste Oil and Renewable Energy Group Enter into NEXBTL License Agreement
    Posted On Dec 19 ,2014 - 12:39-PM | by admin

    Neste Oil Corporation of Finland and Renewable Energy Group, Inc. (NASDAQ: REGI), headquartered in Ames, Iowa, USA have entered into a Settlement and License Agreement whereby the parties have settled...

    $393 Million Subsea Systems Contract for Eni's Block 15/06 East Hub Project Offshore Angola Awarded to FMC Technologies
    Posted On Dec 19 ,2014 - 12:16-PM | by admin

    FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has a...

    Cheniere and GE Sign $1B Service Agreement for Sabine Pass LNG Export Terminal
    Posted On Dec 19 ,2014 - 12:14-PM | by admin

    GE (NYSE: GE) and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE MKT: CQP), announced that they have entered into a $1 billion, 20+-year servi...

    BASF to sell shares in ELLBA Eastern to joint venture partner Shell
    Posted On Dec 19 ,2014 - 12:35-PM | by admin

    BASF and Shell have reached an agreement for BASF to sell its share in the 50-50 joint venture ELLBA Eastern, Jurong Island, Singapore to Shell. The joint venture, which is operated by Shell, produce...

    Asset swap between BASF and Gazprom will not be completed
    Posted On Dec 19 ,2014 - 12:26-PM | by admin

    BASF and Gazprom agreed today that they will not complete the asset swap, which was planned for the end of the year. “We regret that the asset swap will not be concluded. We will continue our coo...

    Lion Energy in agreement to explore North Sumatran acreage
    Posted On Dec 19 ,2014 - 12:09-PM | by admin

    Lion Energy has announced that it will join forces with conventional PSC holders Bukit Energy and New Zealand Oil & Gas to jointly explore an area within the prolific North Sumatra Basin. As part of t...

    Fastnet Oil & Gas plc announce Interim Results for the six months ended 30 September 2014
    Posted On Dec 19 ,2014 - 12:01-AM | by admin

    Fastnet (AIM: FAST, ESM: FOI), the UK and Irish listed E&P company focussed on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces its interim results for the six mont...

    Tower Resolves Namibia Cost Dispute
    Posted On Dec 19 ,2014 - 12:32-AM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, announced that it has reached agreement with the Operator, Repso...

    Mariner drilling and well services contract Awarded to Schlumberger Oilfield UK
    Posted On Dec 19 ,2014 - 12:36-AM | by admin

    Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf (UKCS) to Schlumberger Oilfield UK Plc...

    Eni enters the upstream of Portugal
    Posted On Dec 18 ,2014 - 12:42-PM | by admin

    Eni has finalised with Petrogal, a wholly owned subsidiary of the Portuguese company Galp Energia operating in the upstream oil & gas, the farm in agreement for the acquisition of a 70% stake and ope...

    Oil and Gas industry is Starting to cut back on investment and jobs
    Posted On Dec 18 ,2014 - 12:13-PM | by admin

    US production surges, Oil prices to stay low Russia’s ruble plunged, The lower oil price has contributed to Russia's recent currency collapse as its economy is heavily dependent on oil for revenu...

    Wood Group PSN announces UK contractor rates reduction and salary freeze plans for UK employees
    Posted On Dec 18 ,2014 - 12:12-PM | by admin

    In response to cost and efficiency challenges affecting the UK North Sea oil & gas sector, Wood Group PSN (WGPSN) has on Wednesday 17 December announced plans to reduce the rates paid to its UK-based ...

    Apache Declares Cash Dividend On Common Shares
    Posted On Dec 18 ,2014 - 12:43-PM | by admin

    The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Feb. 23, 2015, to st...

    Neste Oil to sell Kilpilahti electricity distribution network
    Posted On Dec 18 ,2014 - 12:31-PM | by admin

    Neste Oil has decided to sell all shares of Kilpilahden Sähkönsiirto Oy to InfraVia European Fund II, an infrastructure fund managed by InfraVia. The sale will produce a capital gain of approximatel...

    African Petroleum Corporation Enters First Renewal Period on Senegal Licence
    Posted On Dec 18 ,2014 - 12:06-AM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, is pleased to announce that its subsidiary African Petroleu...

    Shell agrees sale of some downstream businesses in Norway to ST1
    Posted On Dec 18 ,2014 - 12:53-AM | by admin

    Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell’s aviation business in Norway will ...

    CME Group Announces the Launch of a Suite of European Natural Gas Contracts on CME Europe
    Posted On Dec 18 ,2014 - 12:29-AM | by admin

    CME Group, the world's leading and most diverse derivatives market place, announced today the launch of the first suite of physically and financially settled European natural gas cleared futures contr...

    PetroNeft Resources plc Announce Operations Update
    Posted On Dec 18 ,2014 - 12:54-AM | by admin

    PetroNeft (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations. Licence 61 ...

    TrendForce Predict 2015 Worldwide Solar Demand to Grow 16.5%, Emerging Markets Growth to Surpass 40%
    Posted On Dec 17 ,2014 - 12:06-PM | by admin

    The worldwide solar market demand in 2014 was approximately at 44GW, even though the China market did not perform as well as expectations, due to the continuous growth in Japan and the U.S. market, th...

    Subsea 7 S.A. awarded an installation contract
    Posted On Dec 17 ,2014 - 12:05-PM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC; the Company) has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico. The scope...

    OPEC net oil export revenues expected to fall in 2014 and 2015
    Posted On Dec 17 ,2014 - 12:42-PM | by admin

    Based on crude oil market assessments in the Short-Term Energy Outlook, EIA estimates that members of the Organization of the Petroleum Exporting Countries (OPEC), excluding Iran, will earn about $700...

    Encana announce a highly focused 2015 capital program
    Posted On Dec 17 ,2014 - 12:24-PM | by admin

    Encana (TSX: ECA) (NYSE: ECA) announced a highly focused 2015 capital program of between $2.7 billion and $2.9 billion, with approximately 80 percent directed to four of its highest margin growth pla...

    $100 MILLION ACQUISITION IN NORTH CENTRAL ALBERTA
    Posted On Dec 17 ,2014 - 12:30-PM | by admin

    Eagle Energy Trust (TSX: EGL.UN) (the "Trust" or "Eagle") announced that its newly established Canadian operating subsidiary, Eagle Energy Canada Inc., has signed a purchase and sale agreement with S...

    GE Agrees to Acquire Oceaneering’s Electric Actuator Product Line
    Posted On Dec 17 ,2014 - 12:22-PM | by admin

    GE (NYSE: GE) formally announced that it has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil ...

    Yingli Green Energy Comments on U.S. Department of Commerce's Final Decisions on Tariffs for Solar PV Panels Using Non-Chinese Cells
    Posted On Dec 17 ,2014 - 12:24-PM | by admin

    Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), world's leading solar panel manufacturer, known as "Yingli Solar," today commented on the final anti-d...

    Pacific Rubiales announces U.S.$320 million sale of interest in Pacific Midstream to IFC
    Posted On Dec 17 ,2014 - 12:18-PM | by admin

    Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced that it has executed definitive agreements with the International Financial Corporation ("IFC"), a member of the World Ba...

    Former BP executive joins board of InterOil
    Posted On Dec 17 ,2014 - 12:27-PM | by admin

    InterOil Corporation (NYSE: IOC) (POMSoX: IOC) has appointed former Australasian BP oil and gas executive Katherine Hirschfeld to its board. Ms Hirschfeld, 54, is a chemical engineer whose career h...

    FMC Technologies Awarded $268 Million Subsea Systems Contract for Chevron's Agbami Phase 3 Project
    Posted On Dec 17 ,2014 - 12:26-PM | by admin

    FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Star Deep Water Petroleum Limited (a Chevron company), operator of the Agbami field, to provide subsea equipment f...

    Rosneft and Transneft Sign Tariff Agreement
    Posted On Dec 17 ,2014 - 12:15-PM | by admin

    Rosneft and Transneft signed a long-term Tariff Agreement as part of their joint project to construct a pipeline offshoot from the East Siberia – Pacific Ocean (ESPO) trunk pipeline to the Komsomols...

    Solo Oil give Update on acquisition of interest in Kiliwani North Gas Field, Tanzania
    Posted On Dec 17 ,2014 - 12:31-AM | by admin

    Solo Oil plc (AIM: SOLO) announced that, further to the announcement of 14 October 2014, it has been advised by Aminex PLC ("Aminex") that the conditions precedent which are remaining to close the ac...

    Novatek Announce Launch of second stage of Urengoyskoe field
    Posted On Dec 17 ,2014 - 12:40-AM | by admin

    OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft) launched the second stage of the Urengoyskoye field (withi...

    Chariot Oil & Gas Issues pre-close operational update
    Posted On Dec 17 ,2014 - 12:56-AM | by admin

    AIM-listed Chariot Oil & Gas, the Atlantic margins focused oil and gas exploration company, has provided a pre-close operational update. During the course of 2014, Chariot has carried out substanti...

    ONGC declares interim dividend of 100%; Notifies three discoveries
    Posted On Dec 17 ,2014 - 12:23-AM | by admin

    ONGC in its 264th Board meeting held on 12th December, 2014 has approved an interim dividend of 100%, paying Rs.5 per equity share of Rs.5 each. The total payout on this account will be Rs.4277.75 Cro...

    Technip awarded a €100 million Onshore Oil & Gas Terminal project by ONGC in India
    Posted On Dec 17 ,2014 - 12:04-AM | by admin

    Technip has been awarded an approximately €100 million contract by Oil and Natural Gas Corporation Limited (ONGC) to build a 6 MMSCMD (1) onshore terminal at Odalarevu in Andhra Pradesh, India, as p...

    Statoil And Partners Submit Development plan for Gullfaks Rimfaks valley
    Posted On Dec 16 ,2014 - 12:39-PM | by admin

    Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million barrels of oil equivalent, the development w...

    Sound Oil Gets Nervesa EIA Final Approval
    Posted On Dec 16 ,2014 - 12:04-AM | by admin

    Sound Oil, the European focused upstream oil and gas company, is pleased to announce that it has received the final EIA approval from the Veneto Region for the second Nervesa appraisal well, which wil...

    Apache Corp announces sale of Wheatstone and Kitimat LNG projects to Woodside Petroleum
    Posted On Dec 16 ,2014 - 12:20-AM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) announced it has agreed to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Wood...

    CAMAC Energy to Acquire 3D Seismic Offshore Gambia
    Posted On Dec 16 ,2014 - 12:07-AM | by admin

    CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT: CAK) announced that its wholly owned subsidiary, CAMAC Energy Gambia Ltd, awarded a contract for the acquisition of a 3D seismic survey ...

    Amec Foster Wheeler acquires Scopus
    Posted On Dec 16 ,2014 - 12:37-AM | by admin

    Amec Foster Wheeler announces today that it has acquired Scopus Group (Holdings) Limited (Scopus), a market-leading laser scanning, dimensional control and lean engineering[1] company whose precise su...

    Amec Foster Wheeler wins Chevron North Sea Limited engineering contract
    Posted On Dec 16 ,2014 - 12:01-AM | by admin

    Amec Foster Wheeler announced the award of a Front End Engineering Design (FEED) contract by Chevron North Sea Limited (Chevron) to an Amec Foster Wheeler company for the Captain Enhanced Oil Recover...

    CNOOC Announce Liuhua 34-2 Gas Field Commenced Production
    Posted On Dec 16 ,2014 - 12:27-AM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced that its Liuhua 34-2 gas field has commenced production. The Liuhua 34-2 gas field is located in the Eastern South Chin...

    Lekoil Announce Otakikpo Marginal Field Project Update
    Posted On Dec 16 ,2014 - 12:57-AM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, provides an update on its progress on the Otakikpo Marginal Field (“Otakikpo”) in oi...

    Gulf Keystone Announce Kurdistan Operational Update
    Posted On Dec 16 ,2014 - 12:06-AM | by admin

    Gulf Keystone Petroleum Limited, an exploration and production company with operations in the Kurdistan Region of Iraq, today provides an update on the Company's operations at Shaikan, its key produci...

    Repsol reaches an agreement with Talisman energy to acquire the canadian oil company
    Posted On Dec 16 ,2014 - 12:16-AM | by admin

    Repsol has entered into an agreement to acquire 100% of Canadian oil company Talisman Energy worth US$8.3 billion (EU6.64 billion) plus debt. The transaction has been unanimously approved and recomme...

    Afren Announce Completion of Madagascar Block 1101 drilling and coring operations
    Posted On Dec 16 ,2014 - 12:08-AM | by admin

    Afren plc (“Afren” or the “Company”), operator of Block 1101 onshore Madagascar, is pleased to announce the completion of its drilling and coring operations and the discovery of oil in two bor...

    Petrobras Announce Third Quarter 2014 Condensed Information
    Posted On Dec 15 ,2014 - 12:24-PM | by admin

    Petrobras announces that today, in light of new facts that occurred after November 13, 2014, directly or indirectly related to the “Lava Jato Operation”, it decided not to file its consolidated in...

    Technip announces plans to acquire Zimmer Polymer Technologies
    Posted On Dec 15 ,2014 - 12:27-PM | by admin

    Technip announced today that it has entered into an agreement with Air Liquide Global E&C Solutions Germany to purchase all of its Zimmer® polymer technology business. Based in Frankfurt, Germany, th...

    Aker Solutions Wins Hook-Up and Commissioning Contract for Mariner Development
    Posted On Dec 15 ,2014 - 12:55-PM | by admin

    Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield developm...

    Eni successfully completed the production test on Minsala Marine 1 exploration well Offshore Congo
    Posted On Dec 15 ,2014 - 12:51-PM | by admin

    Eni has successfully completed the production test on the Minsala Marine 1 NFW, located in the Marine XII Block offshore Congo, 35 kilometers from the shoreline and 12 kilometers from the recent N...

    Memery Crystal acts on admission to AIM of Management Resource Solutions Plc
    Posted On Dec 12 ,2014 - 12:50-PM | by admin

    Memery Crystal acted for Management Resource Solutions Plc, an Australian human capital resource group, on its admission to trading on AIM. MRS offers a range of consulting services to the engineering...

    Tower Resources Update on Badada-1 Well Site Preparation and Rig Contract
    Posted On Dec 12 ,2014 - 12:27-AM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, notes the announcement dated 11 December 2014 from the Operator,...

    Eni adopts the new recommendations of the Corporate Governance Code
    Posted On Dec 12 ,2014 - 12:13-AM | by admin

    The Board of Directors resolved to adopt the new recommendations of the Corporate Governance Code for listed companies approved on 14 July 2014. The Board of Directors acknowledged that Eni's corp...

    EIA forecasts $68-per-barrel average Brent crude price in 2015
    Posted On Dec 11 ,2014 - 12:20-PM | by admin

    EIA’s December Short-Term Energy Outlook (STEO), released yesterday, forecasts that Brent crude oil prices will average $68 per barrel (bbl) in 2015, with prices up to $5/bbl below the annual averag...

    SacOil Announce Changes to Board
    Posted On Dec 11 ,2014 - 12:10-PM | by admin

    SacOil, the African independent upstream Oil & Gas Company, is pleased to announce the appointment of Mr Damain Matroos as the Chief Financial Officer of SacOil with effect from 1 February 201...

    Neste Oil supplies low sulphur marine fuel to Finnlines
    Posted On Dec 11 ,2014 - 12:19-AM | by admin

    Finnlines has chosen Neste Oil as its low sulphur marine fuel supplier to its two vessels operating in Naantali - Kapellskär route. Neste Oil will supply the product from its refinery in Naantali. ...

    Oil Price Tumbles After OPEC Releases 2015 Forecast
    Posted On Dec 11 ,2014 - 12:27-AM | by admin

    The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just o...

    Alexander B. Cummings Jr. Elected to Chevron Board of Directors
    Posted On Dec 11 ,2014 - 12:14-AM | by admin

    Chevron Corporation (NYSE: CVX) announced that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee. John Watson, ...

    Saudi Aramco and ExxonMobil Joint Venture Completes Clean Fuels Project
    Posted On Dec 11 ,2014 - 12:31-AM | by admin

    Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that...

    ONGC Videsh awarded exploration permit in offshore New Zealand
    Posted On Dec 10 ,2014 - 12:32-PM | by admin

    ONGC Videsh Ltd has won an Exploration Block- 14TAR-R1 in New Zealand in the Bidding Round Block Offer-2014 by the Government of New Zealand. The bidding round was launched in April 2014 offering five...

    BG Announce First gas from the Starfish field in Trinidad and Tobago
    Posted On Dec 10 ,2014 - 12:24-PM | by admin

    BG Group has delivered first gas from its Starfish field in the East Coast Marine Area of Trinidad with the start-up of the first well in the programme. This production will ensure a reliable flow of ...

    Norway's Oil Decline Accelerating
    Posted On Dec 10 ,2014 - 12:26-PM | by admin

    New oil projects are being scrapped in Norway amid falling production and low oil prices. Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the probl...

    JBA Operating's new enhanced oil recovery and exploration technologies
    Posted On Dec 10 ,2014 - 12:20-AM | by admin

    Energy companies that are focused on the Austin Chalk formation in South Texas are now benefiting from the use of JBA Operating’s innovative oil and gas exploration technology. These companies a...

    BG Group agrees sale of Australian pipeline for US$5 billion
    Posted On Dec 10 ,2014 - 12:48-AM | by admin

    BG Group plc (LSE: BG.L), a world leader in exploration and LNG, today announced it has agreed to sell its wholly-owned subsidiary QCLNG Pipeline Pty Ltd to APA Group (ASX: APA), Australia's largest g...

    Total Announces Organization Changes And New Appointments In Exploration And Production Branch
    Posted On Dec 09 ,2014 - 12:51-PM | by admin

    As from January 1st 2015, the Exploration and Production Branch of Total will be restructured with five geographical divisions, an Exploration division and five functional divisions. Arnau...

    ExxonMobil’s Outlook for Energy Sees Global Increase in Future Demand
    Posted On Dec 09 ,2014 - 12:36-PM | by admin

    Global energy demand seen rising 35 percent from 2010 to 2040 Energy demand shifts strongly to developing nations as middle class expands North America to become a net exporter of oil and natural ga...

    GMS announces five-year contract award for first new build Mid-Size Class vessel
    Posted On Dec 09 ,2014 - 12:39-PM | by admin

    Gulf Marine Services (LSE:GMS), the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, is pleased to announce...

    Total Energy Ventures Invests in Solidia Technologies
    Posted On Dec 09 ,2014 - 12:36-PM | by admin

    Total Energy Ventures (TEV), the venture capital arm of French energy company Total, is investing in Solidia Technologies, which has developed a process that uses carbon dioxide to manufacture sustain...

    Neste Oil to supply new low sulfur marine fuel to Tallink Grupp's ferries
    Posted On Dec 09 ,2014 - 12:35-PM | by admin

    Neste Oil and AS Tallink Grupp have signed a partnership agreement according to which Neste Oil will supply low sulfur marine diesel oil to Tallink Grupp's ferries making port calls in Finland. The ma...

    RWE Dea increases production volumes and plans further exploration in Egypt
    Posted On Dec 09 ,2014 - 12:50-AM | by admin

    RWE Dea doubled its oil and gas production in Egypt. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the count...

    Statoil adds permits to New Zealand portfolio
    Posted On Dec 09 ,2014 - 12:44-AM | by admin

    Statoil has been awarded four new exploration permits offshore New Zealand, building on its existing position. This deepens and diversifies Statoil’s long-term portfolio. The permits are awarded ...

    Total sells its remaining stake in GTT to Temasek
    Posted On Dec 08 ,2014 - 12:36-PM | by admin

    Total has entered into a definitive agreement for the acquisition by Temasek of Total’s entire remaining stake in GTT (Gaztransport & Technigaz), representing 10.4% of the company. In February 2014,...

    Eni starts production at West Hub Development, deep offshore Angola
    Posted On Dec 08 ,2014 - 12:33-PM | by admin

    Eni has started production of first oil from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometres west of S...

    ConocoPhillips Sets 2015 Capital Budget of $13.5 Billion
    Posted On Dec 08 ,2014 - 12:41-PM | by admin

    ConocoPhillips (NYSE: COP) announced a 2015 capital budget of $13.5 billion, a decrease of approximately 20 percent compared to 2014. The reduction in capital relative to 2014 primarily reflects lower...

    SACOIL, THE PIC AND IGEPE SIGN A JOINT DEVELOPMENT AGREEMENT
    Posted On Dec 08 ,2014 - 12:22-PM | by admin

    Further to the announcement dated 31 March 2014, SacOil, the Public Investment Corporation SOC Limited (“PIC”) and The Instituto de Gestão das Participações do Estado (“IGEPE”) (collectivel...

    Wood Group awarded multi-year contract with ExxonMobil in Malaysia
    Posted On Dec 08 ,2014 - 12:13-AM | by admin

    Wood Group has been awarded a multi-year contract by ExxonMobil Exploration and Production Malaysia Inc (EMEPMI), a subsidiary of Exxon Mobil Corporation. Wood Group PSN and Wood Group Mustang will...

    Mosman Oil and Gas Limited Announce Canning Basin Update
    Posted On Dec 08 ,2014 - 12:37-AM | by admin

    The Directors of Mosman Oil and Gas Limited (“Mosman” or the “Company”) (AIM: MSMN) the New Zealand and Australia focussed oil exploration and development company announced today that the Join...

    Royal Dutch Shell plc third quarter 2014 Euro and GBP equivalent dividend payments
    Posted On Dec 05 ,2014 - 12:10-PM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2014 interim dividend, which was announced on O...

    SGC Energia, Velocys, RBN Energy, Oberon Fuels, EmberClear to present at Gas to Liquids North America 2015 in Houston
    Posted On Dec 05 ,2014 - 12:33-AM | by admin

    Building on 17 years of working in the GTL industry, SMi are delighted to announce its 2nd annual Gas to Liquids North America Conference. GTL North America 2015 will cover the key as...

    Cleantech Solutions International Receives $2.2 Million in Orders for Oil Refinery Parts and Equipment
    Posted On Dec 05 ,2014 - 12:03-AM | by admin

    Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ:CLNT), a manufacturer of metal components and assemblies used in various clean technology and manufacturing ind...

    Eland Oil & Gas Gets Access to US$22 million Loan Facility
    Posted On Dec 05 ,2014 - 12:25-AM | by admin

    Eland (AIM: ELA), an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce that it has satisfied all the conditio...

    Ophir Energy Signs PSC Contract With Myanmar
    Posted On Dec 05 ,2014 - 12:13-AM | by admin

    Ophir Energy plc announced that it has signed a Production Sharing Contract with the Myanmar Ministry of Energy which finalises the award of Block AD-03 offshore Myanmar. Ophir has a 95% operated ...

    Carnarvon reaches agreement to divest the balance of its Thailand assets
    Posted On Dec 04 ,2014 - 12:04-AM | by admin

    Carnarvon Petroleum Limited (ASX: CVN) (“Carnarvon”) is pleased to advise that the Company has entered into a Sale and Purchase Agreement (SPA) to divest its remaining 20% interest in the Thailand...

    Egdon Resources Announce Exercise of Exploration Option and Farm-in Agreement, PL161 and PL162
    Posted On Dec 04 ,2014 - 12:20-AM | by admin

    Further to the announcement made on 5 December 2013, Egdon Resources plc (AIM:EDR) is pleased to announce that it has exercised its Exploration Option and Farm-in Agreement ("The Agreement") with Scot...

    Could falling oil prices spark a financial crisis?
    Posted On Dec 04 ,2014 - 12:33-AM | by admin

    The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of b...

    Boeing tests Neste Oil's NEXBTL renewable diesel in an airplane
    Posted On Dec 04 ,2014 - 12:11-AM | by admin

    The airplane manufacturer Boeing has successfully tested Neste Oil's NEXBTL diesel fuel as a component of aviation fuel. The first test flight took place on the U.S. using a Boeing 787 Dreamliner, and...

    Petroleos de Venezuela (PDVSA) And Eni Meet in Caracas
    Posted On Dec 03 ,2014 - 12:38-AM | by admin

    The President of Petroleos de Venezuela (PDVSA), Eulogio Del Pino and Eni’s Chief Executive Officer, Claudio Descalzi met in Caracas for an update about the ongoing activities and common projects in...

    Montney Shale, Companies Seek More Infrastructure
    Posted On Dec 03 ,2014 - 12:32-AM | by admin

    What does it take to build up a new region for oil and gas development? Obviously, the resources have to be in place and economically recoverable. But it is not as easy as just sticking a drill into t...

    Petrobras announces first discovery at Colombian Caribbean deep waters
    Posted On Dec 03 ,2014 - 12:50-AM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces the discovery of natural gas accumulation at Orca – 1 exploratory well, in Tayrona Block, at Colombian Caribbean deep waters, 40 km off the coast o...

    Petrobras starts production at St. Malo in the U.S. Gulf of Mexico
    Posted On Dec 03 ,2014 - 12:23-AM | by admin

    Petrobras announces that production started at the St. Malo field. The field is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in water depths of approximately 7,000 feet (2...

    Statoil Announce First oil from Gulf of Mexico Jack/St. Malo project
    Posted On Dec 03 ,2014 - 12:36-AM | by admin

    Oil and natural gas production started today from the partner-operated Jack/St. Malo project in the US Gulf of Mexico. Statoil’s expected production from the combined fields is 23,000 barrels of oil...

    Chevron Announces First Oil From Jack/St. Malo Project in the Gulf of Mexico
    Posted On Dec 03 ,2014 - 12:42-AM | by admin

    Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is ...

    CME Group Volume Averaged 13.0 Million Contracts per Day in November 2014, Up 7 Percent from November 2013
    Posted On Dec 03 ,2014 - 12:28-AM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2014 volume averaged 13.0 million contracts per day, up 7 percent from November 2013. Total volu...

    Payment made for Shaikan crude oil exports
    Posted On Dec 02 ,2014 - 12:10-AM | by admin

    Gulf Keystone Petroleum Limited ("Gulf Keystone" or the "Company") is pleased to announce that, further to the recent statement by the Ministry of Natural Resources (MNR) of the Kurdistan Regional Gov...

    CGX Energy Announces Settlement Agreement with Repsol
    Posted On Dec 02 ,2014 - 12:12-AM | by admin

    CGX Energy Inc. ("CGX Energy") announced the settlement of the claims brought against Repsol Exploración, S.A. ("Repsol") relating to the joint operating agreement governing the Georgetown Block (the...

    Total Announces the Jisik Discovery in the Kurdistan Region of Iraq
    Posted On Dec 01 ,2014 - 12:01-PM | by admin

    Located 60 kilometers from the city of Erbil, the Jisik-1 discovery well on the Harir Block was drilled to a depth of 4,511 meters and encountered light oil and gas with condensates intervals in Juras...

    Statoil completes New transaction with Wintershall
    Posted On Dec 01 ,2014 - 12:40-AM | by admin

    Statoil has now completed the transaction with the German oil and gas company Wintershall to farm down in Aasta Hansteen, Asterix and Polarled and exit two assets—the non-core Vega and Gjøa fields...

    African Petroleum Says Gambian Licences Reinstated
    Posted On Dec 01 ,2014 - 12:52-AM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating eight licences in four countries offshore West Africa, is pleased to announce that it has entered into an agreem...

    Polarcus awarded 3D seismic acquisition project offshore Brazil
    Posted On Dec 01 ,2014 - 12:59-AM | by admin

    Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announced that the Company has signed a Letter of Intent ("LOI") with an undisclosed client for a 3D marine seismic acquisition project offsh...

    President Energy Announce Corporate Update
    Posted On Dec 01 ,2014 - 12:53-AM | by admin

    President is pleased to announce that following the recent acquisition of operatorship and 100% ownership of the Puesto Guardian Concession, the Company has agreed to modify the monies payable under t...

    Rose Petroleum plc Announce Fundraising of £3.5m by way of a conditional placing and subscription
    Posted On Dec 01 ,2014 - 12:25-AM | by admin

    Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce its intention to raise £3.5m by way of a conditional placing and subscription. Summary o...

    Roxi Petroleum Issues Operational Update
    Posted On Dec 01 ,2014 - 12:43-AM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its BNG asset and also to set out its corporate strategy for th...

    Taipan Announces Temporary Injunction Order Lifted at Badada-1 Wellsite
    Posted On Dec 01 ,2014 - 12:49-AM | by admin

    Further to the announcement dated November 17, 2014, Taipan Resources Inc. (TSX VENTURE:TPN)(OTCQX:TAIPF) ("Taipan", "the Company") reports that the Lawyers representing the Company's wholly-owned Ken...

    BG Group revises Chief Executive remuneration package
    Posted On Dec 01 ,2014 - 12:35-AM | by admin

    Following extensive shareholder consultation, the BG Group Board and Helge Lund wish to respond to BG Group shareholder concerns. The Company today announces revisions to the remuneration package for ...

    Université Total Kicks Off the Climate Debate
    Posted On Nov 30 ,2014 - 11:04-PM | by admin

    Christophe de Margerie wanted energy professionals to make their voices heard in the public debate about climate change and the energy transition. And that's just what happened on Friday, November 21 ...

    Repsol and NNK group their Russian joint venture assets into a single management company
    Posted On Nov 30 ,2014 - 11:44-PM | by admin

    Repsol and NNK have agreed to group their Russian joint venture assets into a single management company to help optimise operational decision-taking, reduce costs and achieve maximum synergies from th...

    African Petroleum Announce Gambian Licences Reinstated
    Posted On Nov 28 ,2014 - 11:29-PM | by admin

    African Petroleum Corporation, an independent oil and gas exploration company operating eight licences in four countries offshore West Africa, is pleased to announce that it has entered into an agreem...

    OPEC 166th Meeting concludes
    Posted On Nov 28 ,2014 - 11:44-PM | by admin

    The 166th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 27th November 2014 under the Chairmanship of its President...

    Technip awarded an important subsea contract by Statoil at the Gullfaks field in Norway
    Posted On Nov 28 ,2014 - 11:17-AM | by admin

    Technip signed an important(1) lumpsum contract with Statoil ASA for the Gullfaks Rimfaksdalen (GRD) Marine Operations Pipelay and Subsea Installation project. This project is an option to the Snøhvi...

    Official opening of Statoil’s Berlin office
    Posted On Nov 28 ,2014 - 11:06-AM | by admin

    Statoil’s representative office in Berlin was officially opened on 27 November by marketing and trading senior vice president Rune Bjørnson. The opening of the office reflects Statoil’s increased...

    New Wet Gas Discovery at Varanus South-1
    Posted On Nov 27 ,2014 - 11:43-AM | by admin

    Drillsearch Energy Limited (ASX: DLS) is pleased to announce a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper Basin. The Varanus South-1 well in PEL 513 (Drillsearch 40% an...

    Neste Oil launches a new low-sulphur marine fuel in December
    Posted On Nov 27 ,2014 - 11:38-AM | by admin

    Neste Oil will bring to the market a low-sulphur marine fuel in accordance with the EU Sulphur Directive requirements entering into force in 2015, and will begin distributing it in mid-December. The n...

    Gazprom stays focused on developing the long-term strategic relationships
    Posted On Nov 26 ,2014 - 11:23-PM | by admin

    Gazprom and Eni address prospects for enhancing bilateral cooperation Sochi hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio D...

    Tangiers wins bid for significant interest in US Oil and Gas Project
    Posted On Nov 26 ,2014 - 11:23-PM | by admin

    Tangiers Petroleum Limited (“Tangiers” or the “Company”) announced that it has entered into Binding Agreements to acquire a significant working interest in a large acreage position on a multip...

    Faroe announce successful completion of sale of Glenlivet Field Interest
    Posted On Nov 26 ,2014 - 11:43-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the completion of the sale...

    BG Group pay deal “excessive, inflammatory and contrary to the principles of good corporate governance.”
    Posted On Nov 26 ,2014 - 11:13-PM | by admin

    Commenting on the decision of BG Group to award a £25 million pay deal to incoming Chief Executive, Helge Lund, Simon Walker, Director General of the Institute of Directors, said: “The Institute...

    Otto Energy getsvan extension of Sub Phase 4 of Service Contract 55 (SC55)
    Posted On Nov 26 ,2014 - 11:30-AM | by admin

    Otto Energy Limited (Company) (ASX: OEL) is pleased to announce that the Philippines Department of Energy (DOE) has today granted an extension of Sub Phase 4 of Service Contract 55 (SC55) for a period...

    Petrobras create the position of Governance, Risk and Compliance Executive Director
    Posted On Nov 26 ,2014 - 11:24-AM | by admin

    Petrobras announces that its Board of Directors approved, at a meeting held today, to create the position of Executive Director of Governance, Risk and Compliance with the duty of ensuring process com...

    Neste Oil's statutory employer-employee negotiations complete - company to let 203 employees go
    Posted On Nov 26 ,2014 - 11:40-AM | by admin

    Neste Oil has completed the statutory employer-employee negotiations commenced on 7 October, 2014. The negotiations concerned the personnel of Neste Oil Corporation, Neste Renewable Fuels Oy, and Nest...

    Follow The Sand To The Real Fracking Boom
    Posted On Nov 25 ,2014 - 11:43-PM | by admin

    When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-s...

    Neste Jacobs Selected to Implement SunPine's Tall Oil Rosin Production Facility in Piteå, Sweden
    Posted On Nov 25 ,2014 - 11:16-AM | by admin

    Technology, engineering and project management company Neste Jacobs and SunPine, producing biochemicals and feedstock for second-generation renewable fuels, have signed an agreement for Neste Jacobs t...

    Petrobras completes drilling of first appraisal well in the Libra Consortium area
    Posted On Nov 24 ,2014 - 11:47-PM | by admin

    Petrobras completed, on November 6th, the drilling of the first appraisal well in the Libra Consortium area, the 3-BRSA-1255 (3-RJS-731), informally known as NW1. Located in the northwest portion of t...

    Stephen Pryor to Retire as President of ExxonMobil Chemical Company
    Posted On Nov 24 ,2014 - 11:43-AM | by admin

    Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation (NYSE:XOM), has elected to retire on January 1, 2015, after more than 44 years of service. It ...

    Petrobras starts-up FPSO Cidade de Ilhabelha in Santos Basin pre-salt Sapinhoá field
    Posted On Nov 24 ,2014 - 11:15-AM | by admin

    Petrobras announces that the offshore platform Cidade de Ilhabela started-up this Thursday, November 20, at 5:37 a.m., in the Santos Basin pre-salt field of Sapinhoá. The new unit is part of the set ...

    Statoil cancels the Stena Carron rig contract
    Posted On Nov 21 ,2014 - 11:55-PM | by admin

    Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contr...

    INEOS moves to become biggest player in the UK Shale Gas Industry
    Posted On Nov 21 ,2014 - 11:53-AM | by admin

    INEOS has announced it is planning to invest $1 billion in UK onshore Shale gas exploration and appraisal. Substantial further investment would follow if the company moved into development and product...

    ExxonMobil Awards Alternate Path Completion License to Delta Screens
    Posted On Nov 21 ,2014 - 11:34-AM | by admin

    ExxonMobil Upstream Research Company has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased an...

    Apache Corporation will provide an update to investors at its North American Update conference in New York today.
    Posted On Nov 21 ,2014 - 11:25-AM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) will provide an update to investors at its North American Update conference in New York today. Highlights from the Update include:

  • Ap...

  • Ophir Energy plc announces an operational update on recent drilling in Tanzania.
    Posted On Nov 21 ,2014 - 11:05-AM | by admin

    The Tende-1 well was drilled in East Pande by the Deepsea Metro I drillship in a water depth of 781m to a total depth of 4,153m targeting the Cretaceous-aged Tende prospect. Although gas traces were e...

    Technip to supply high technological flexible pipes for Tupi BV Iracema North pre-salt field
    Posted On Nov 21 ,2014 - 11:01-AM | by admin

    Confirming its expertise and innovation in deepwater and leveraging its new state-of-the-art manufacturing plant in Açu, Brazil. Technip was awarded a contract from Tupi BV, a consortium controlle...

    Total Commits to Three Major International Initiatives to Combat Climate Change
    Posted On Nov 20 ,2014 - 11:54-PM | by admin

    Total is consolidating its efforts to address climate change by supporting three international initiatives backed by the Global Compact, the World Bank and the Climate and Clean Air Coalition (CCAC). ...

    Iran Negotiations, OPEC Meeting Loom For Oil Markets
    Posted On Nov 20 ,2014 - 11:24-AM | by admin

    As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 p...

    Primeline Signs Project Finance Contract
    Posted On Nov 20 ,2014 - 11:00-AM | by admin

    Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) announces that the binding documentation for the project finance facility for the financing of its share of the costs to...

    Technip approaches CGG to create a first tier oil and gas services provider
    Posted On Nov 20 ,2014 - 11:52-AM | by admin

    Following information released in the press, Technip announces that, on Monday, November 10, 2014, it approached CGG to create a first tier oil and gas services provider. The proposed transaction woul...

    TransCanada to Provide Strategic and Financial Outlook at Investor Day
    Posted On Nov 19 ,2014 - 11:49-AM | by admin

    TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold its annual investor day in Toronto today where it will review the outlook for its natural gas pipelines, liquids pipelines and ener...

    TransCanada's Tamazunchale Pipeline Extension Now Operational
    Posted On Nov 19 ,2014 - 11:12-AM | by admin

    TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced that it has placed into service the Tamazunchale Pipeline Extension, the most recent natural gas infrastructure project to be compl...

    Neste Jacobs Selected to Implement Norilsk Nickel LNG Station in Harjavalta, Finland
    Posted On Nov 19 ,2014 - 11:37-AM | by admin

    Technology, engineering and project management company Neste Jacobs will perform Project Management, Engineering, Procurement and Construction Management services to construct Norilsk Nickel LNG Stati...

    TAQA reports income of AED 620 million for 9M 2014
    Posted On Nov 18 ,2014 - 11:56-PM | by admin

    TAQA, the Abu Dhabi National Energy Company, generated net income of 620 million dirhams and reduced its debt by over 3 billion dirhams during the first nine months of 2014. TAQA's oil and gas pro...

    IEA members and 10 partner countries test emergency response systems
    Posted On Nov 18 ,2014 - 11:06-PM | by admin

    The International Energy Agency completed its latest biennial Emergency Response Exercise (ERE) on 18 November, as delegates from member and 10 non-member countries in Paris practiced and improved ski...

    Halliburton and Baker Hughes Reach Agreement to Combine in Stock and Cash Transaction Valued at $34.6 Billion
    Posted On Nov 18 ,2014 - 11:26-PM | by admin

    Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock an...

    Eco Atlantic Announces Completion Of 3D Seismic Survey On Cooper Block, Offshore Namibia
    Posted On Nov 18 ,2014 - 11:53-PM | by admin

    Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that, further to its news release dated October 16th, 2014, it has completed its 1,0...

    Tower Resources Announce Kenya Drilling Update
    Posted On Nov 18 ,2014 - 11:45-AM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, notes the announcement dated 17 November 2014 from the Operator,...

    Eni strengthens its presence in Turkmenistan
    Posted On Nov 18 ,2014 - 11:15-AM | by admin

    The Director of The State Agency for Management and Use of Hydrocarbon Resources, Yagshygeldy Kakayev, the chairman of State Concern Turkmenneft, Tachdurdy Begdjanov, and Eni’s CEO, Claudio Descalzi...

    Technip awarded engineering and procurement contract for Westlake Chemical’s ethylene plant expansion in Louisiana
    Posted On Nov 18 ,2014 - 11:31-AM | by admin

    Technip was awarded a contract by Westlake Chemical Corporation (NYSE: WLK) to provide detailed engineering and procurement services to expand the recovery section of Westlake’s Petro 1 ethylene pla...

    Petrobras Announce Third Quarter 2014 Operational Performance
    Posted On Nov 17 ,2014 - 11:54-PM | by admin

    In the 3rd quarter of 2014, oil and NGL production in Brazil rose 9% from the same period of 2013, reaching an average of 2 million 90 thousand barrel per day (bpd), mainly, due to production ramp up...

    GE Oil & Gas Commences Fabrication of Subsea Wellheads in Nigeria
    Posted On Nov 17 ,2014 - 11:50-PM | by admin

    After nearly four years of planning and investing more than $4.5 million in facilities, recruitment and training, GE Oil & Gas (NYSE: GE) has added the capability to fabricate subsea wellheads in Nige...

    Chevron Confirms First Oil Production From Tubular Bells in the Gulf of Mexico
    Posted On Nov 17 ,2014 - 11:49-PM | by admin

    Chevron Corporation (NYSE:CVX) announced today that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production....

    Hess Corporation Announces First Production from the Tubular Bells Field in the Gulf of Mexico
    Posted On Nov 17 ,2014 - 11:28-PM | by admin

    Hess Corporation (NYSE: HES) today announced that production has commenced from the Tubular Bells Field, located in the Mississippi Canyon area of the deepwater Gulf of Mexico. Hess holds a 57.14 per...

    Eni and Sonangol sign strategic agreement on Angolan gas development
    Posted On Nov 17 ,2014 - 11:02-PM | by admin

    The Chairman of Sonangol, the National Oil Company of Angola, Francisco de Lemos Maria, and Eni's CEO Claudio Descalzi signed today a strategic agreement on future co-operation activities and joint pr...

    Statoil CEO Says Oil and gas investments needed to meet future demand
    Posted On Nov 17 ,2014 - 11:18-AM | by admin

    "The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” <...

    Xcite Energy announces MOU with China Oilfield Services Limited
    Posted On Nov 17 ,2014 - 11:09-AM | by admin

    Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources plc ("XER"), has entered into a Memorandum of Understanding ("MOU") with China Oilfield Services Limited ("COSL"), which sets ou...

    Egdon Announces Acquisition of Yorkshire Exploration Limited
    Posted On Nov 17 ,2014 - 11:18-AM | by admin

    Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached an agreement to acquire the entire issued share capital of Yorkshire Exploration Limited ("YEL"). YEL is a private company, w...

    Neste Oil among the most interesting bioenergy companies
    Posted On Nov 15 ,2014 - 11:26-PM | by admin

    Biofuels Digest, online news publication covering the bioenergy field, has ranked Neste Oil 23rd on its list of the hottest bioenergy companies. Neste Oil is the only Finnish company to be included in...

    IEA Says Oil Supplies May Not Keep Up With Demand
    Posted On Nov 15 ,2014 - 11:58-PM | by admin

    Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. In its latest annual World Energy O...

    Oando Energy Resources announce third quarter results
    Posted On Nov 14 ,2014 - 11:02-PM | by admin

    Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, announced financial and operating results for the three...

    Aker Solutions ASA to Execute Employee Share Purchase Program
    Posted On Nov 14 ,2014 - 11:25-AM | by admin

    Aker Solutions is offering employees in selected jurisdictions the opportunity to purchase shares in the company. The 2014 employee share purchase program allows participants to buy shares for betw...

    Petrobras announce its plans on Third quarter 2014 financial statements
    Posted On Nov 14 ,2014 - 11:23-AM | by admin

    Petrobras announces that it will not file its third quarter 2014 financial statements (ITR 3Q14) accompanied by a review report of its Independent Auditors, PricewaterhouseCoopers (PwC), with the Comi...

    ADMA-OPCO selects Technip for Project Management Consultancy services for the Nasr Phase II Full Field Development Project
    Posted On Nov 14 ,2014 - 11:49-AM | by admin

    Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the ...

    Songa Offshore SE Announce New incentive programs established for employees
    Posted On Nov 14 ,2014 - 11:56-AM | by admin

    The Board of Directors of Songa Offshore SE (the "Company" and together with its subsidiaries the "Songa Offshore Group") has established a new Long-Term Incentive Program for management and certain k...

    Total Energy Ventures invests in Aquion Energy
    Posted On Nov 13 ,2014 - 11:04-PM | by admin

    Total Energy Ventures, the venture capital arm of French energy company Total, is investing in Aquion Energy, a start-up specialized in energy storage technology. Pittsburgh-based Aquion Energy dev...

    CAMAC Energy Announces Third Quarter 2014 Results
    Posted On Nov 13 ,2014 - 11:38-PM | by admin

    CAMAC Energy Inc. (“CAMAC Energy” or the “Company”) (NYSE MKT: CAK) announced today financial and operational results for the three months ended September 30, 2014. The Company plans to file i...

    Technip invests in the modernization of its flexible pipe plant in Le Trait, France
    Posted On Nov 13 ,2014 - 11:57-PM | by admin

    Technip announces an investment over four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. Further strengthening Technip’s expertise and industrial capabi...

    Premier Announce Interim Management Statement
    Posted On Nov 13 ,2014 - 11:14-PM | by admin

    Premier today provides its Interim Management Statement for the period 1 January to 31 October 2014. Highlights * Year to date production averaged 64.0 kboepd, up 12.6% on prior corresponding pe...

    SOCO announces Interim Management Statement to 12 November 2014
    Posted On Nov 13 ,2014 - 11:09-PM | by admin

    SOCO International plc today announces its Interim Management Statement relating to the period from 1 July 2014 to 12 November 2014. Operations · Production averaged 13,598...

    Drilling and testing concludes in Sidi Moussa Licence, offshore Morocco
    Posted On Nov 13 ,2014 - 11:45-PM | by admin

    Serica Energy plc (AIM & TSX: SQZ) confirms that testing operations have now concluded on the SM-1 well (Serica 5% working interest) on the Sidi Moussa Licence, offshore Morocco. The well was drilled...

    Genel Energy plc Announce Agreement with MNR for development of Miran and Bina Bawi
    Posted On Nov 13 ,2014 - 11:41-PM | by admin

    Agreement reached for acquisition of Bina Bawi stake from OMV Genel Energy plc ("Genel" or "the Company") announced that it has reached an agreement with the Ministry of Natural Resources ("MNR") of ...

    Gulf Keystone Announce Kurdistan Operational Update
    Posted On Nov 13 ,2014 - 11:15-PM | by admin

    Gulf Keystone Petroleum Limited, an exploration and production company with operations in the Kurdistan Region of Iraq, today provides an update on the Company's operations at Shaikan, its key produci...

    San Leon Energy Plc Announce Morocco Well Testing Completion, Plugging And Abandonment
    Posted On Nov 13 ,2014 - 11:04-PM | by admin

    San Leon Plc ("San Leon"), the AIM listed company focused on oil and gas exploration in Europe and North Africa, notes the press release issued this morning on the SM-1 well by Genel Energy Plc ("Gene...

    Amec Foster Wheeler unveiled - leadership team confirmed
    Posted On Nov 13 ,2014 - 11:15-PM | by admin

    Amec Foster Wheeler plc today announces the creation of a new force in global engineering, project delivery, asset support, power equipment and consultancy following the completion of the £5bn combin...

    AMEC Successfully Completes Offer for Foster Wheeler
    Posted On Nov 13 ,2014 - 11:39-PM | by admin

    AMEC plc ("AMEC") and AMEC International Investments BV, AMEC's direct wholly-owned subsidiary, are pleased to announce that the offer (the "Offer") to purchase all of the issued and to be issued regi...

    Early Signs Of A Pullback In Drilling Activity
    Posted On Nov 13 ,2014 - 11:24-AM | by admin

    With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears amo...

    Neste Oil selected again to a sustainable development index and sustainable investment fund
    Posted On Nov 13 ,2014 - 11:57-AM | by admin

    Neste Oil has been selected again to the STOXX® Global ESG Leaders index and the Storebrand Trippel Smart and SPP Global Topp 100 fund as a sustainable investment object. The STOXX Global ESG Lead...

    Technip awarded a subsea contract for the K2 field in the Gulf of Mexico
    Posted On Nov 13 ,2014 - 11:55-AM | by admin

    Technip has been awarded a contract by Anadarko Petroleum Corporation for the K2 Riser Base Gas Lift project, located in Green Canyon 608 in the Gulf of Mexico, at a water depth of approximately 1,300...

    GE Oil & Gas Supplying PETRONAS with Turbomachinery for Second Floating LNG Facility
    Posted On Nov 12 ,2014 - 11:56-PM | by admin

    GE Oil & Gas (NYSE: GE) announced it will supply its proven gas turbine-driven compressor train and mechanical drive technology to Malaysia’s national oil and gas company, PETRONAS, for a second flo...

    Multiclient Seismic Data Offshore Mozambique Available from Schlumberger
    Posted On Nov 12 ,2014 - 11:35-PM | by admin

    Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Inst...

    Mubadala Petroleum starts production at the Manora oil field in Thailand
    Posted On Nov 12 ,2014 - 11:40-PM | by admin

    Mubadala Petroleum announces that production commenced at its operated Manora oil field in the northern Gulf of Thailand on 11 November. Production is expected to reach a peak rate of approximately 15...

    Sterling announces financial results for the quarter ended September 30, 2014
    Posted On Nov 12 ,2014 - 11:19-PM | by admin

    Sterling Resources Ltd. (TSX-V:SLG) (“Sterling” or the “Company”) an international oil and gas company with exploration and development assets in the United Kingdom, Romania, France and the Ne...

    McDermott Awarded Significant Multi-year Offshore Installation Contract by Brunei Shell Petroleum
    Posted On Nov 12 ,2014 - 11:32-PM | by admin

    McDermott International, Inc. (NYSE: MDR) (“McDermott” or “the Company”) announced today that it has been awarded a three-year shallow water pipeline contract by Brunei Shell Petroleum Company...

    Solo Oil provides update on acquisition of interest in Kiliwani North Gas Field, Tanzania
    Posted On Nov 12 ,2014 - 11:04-PM | by admin

    AIM-listed Solo Oil has announced that, further to the announcement of 14 October 2014, it has been advised by Aminex that the conditions precedent which are remaining to close the acquisition of an i...

    Announcement of first national UK onshore oil and gas college
    Posted On Nov 12 ,2014 - 11:33-AM | by admin

    The first national UK shale colleges were today given the go-ahead by Business, Enterprise & Energy Minister Matthew Hancock MP. The new centres of excellence will train a generation of onshore oil a...

    Petrobras reaches its highest historical monthly oil production in Brazil
    Posted On Nov 12 ,2014 - 11:37-AM | by admin

    Petrobras announces that its consolidated oil and gas production, in Brazil and abroad, reached 2 million 795 thousand barrels of oil equivalent per day (boed) in October, up 0.5% from September´s pr...

    Tullow issues Interim Management Statement, for the period 1 July to 12 November 2014.
    Posted On Nov 12 ,2014 - 11:49-AM | by admin

    Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 12 November 2014. The Group will announce its full year Trading Statement and Operational Update on ...

    BP’s New Core Flood Robot Enhances Oil Recovery Techniques
    Posted On Nov 11 ,2014 - 11:05-PM | by admin

    BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) researc...

    LGO Provides Goudron Field Drilling Update
    Posted On Nov 11 ,2014 - 11:35-PM | by admin

    LGO is today pleased to announce that well GY-670, the seventh of its planned 30 new development wells at the Goudron Field in Trinidad, is drilling ahead in the Gros Morne Sandstones at a depth of ap...

    Cairn Energy Announces Second Oil Discovery, Offshore Senegal
    Posted On Nov 11 ,2014 - 11:15-PM | by admin

    Cairn is pleased to announce a discovery of high quality oil in the second well in the Senegal exploration programme. The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100...

    Circle Oil Announce Directorate Change and Give Operating Update
    Posted On Nov 11 ,2014 - 11:46-PM | by admin

    The Board of Circle Oil PLC ("Circle") announces that Professor Chris Green, Chief Executive Officer, has given notice of his intention to step down from the Board and resign from the Company. Profess...

    BP Expands in Egypt With $240 Million Investment
    Posted On Nov 11 ,2014 - 11:31-PM | by admin

    BP Egypt has confirmed that it has been awarded two new exploration blocks as a result of the 2013 EGAS bid round. BP and its partners have committed to invest a total of $240 million in the blocks ov...

    Afren Announce Nigerian Operations Update
    Posted On Nov 11 ,2014 - 11:31-AM | by admin

    Afren plc (“Afren” or the “Company”) is pleased to provide the market with an update on its operations at Ebok, Okwok and OML 115, all located offshore Nigeria. Ebok Central Fault Block Ext...

    CME Group Announces Record Open Interest for NYMEX Brent Futures
    Posted On Nov 10 ,2014 - 11:07-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced its NYMEX Brent (BZ) crude oil futures contracts set an open interest record on Thursday, November 6, 2014. Ope...

    2nd Annual Gas to Liquids North America 2015 Conference
    Posted On Nov 10 ,2014 - 11:52-PM | by admin

    SMi are thrilled to announce that registration is now open for the 2nd annual Gas to Liquids North America conference, taking place on the 11th and 12th of March 2015 in Houston, Texas, USA. Buildi...

    Emerson to automate BP-operated Shah Deniz Stage 2 operations in Azerbaijan
    Posted On Nov 07 ,2014 - 11:56-PM | by admin

    BP has awarded Emerson Process Management, a global business of Emerson (NYSE: EMR), a contract in excess of US$40 million to be the Main Automation Contractor for the Shah Deniz Stage 2 development p...

    Panoro Energy Announces Third Quarter 2014 Results and Provides Operations and Corporate Updates
    Posted On Nov 07 ,2014 - 11:34-PM | by admin

    Panoro Energy ASA (TICKER: PEN) ("Panoro" or the "Company") announced third quarter 2014 financial results and provided the following operations, corporate and strategic updates: · Net loss from ...

    SNEPCo plans eight new deep-water wells, projects additional 40,000 barrels per day
    Posted On Nov 07 ,2014 - 11:12-PM | by admin

    Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced plans to drill eight more wells in the Bonga field to help maximise deep-water production off the coast of Nigeria. This thi...

    Versalis launches partnership with Solazyme to commercialize Encapso™
    Posted On Nov 07 ,2014 - 11:07-PM | by admin

    Versalis, the chemical company of Eni, and Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company, announced a partnership to expand the commercial use of Encapso™ – the world’s ...

    Aker Solutions ASA: Third-Quarter Results 2014
    Posted On Nov 07 ,2014 - 11:18-AM | by admin

    Aker Solutions revenue rose 22 percent to NOK 8.3 billion in the third quarter of 2014, boosted by increased work at major subsea projects in Norway and West Africa, higher activity at the U.S. umbili...

    Technip forms an alliance with Biochemtex for bioethanol technology facilities
    Posted On Nov 07 ,2014 - 11:26-AM | by admin

    Technip in Italy and Biochemtex, who is the majority shareholder of Beta Renewables who controls the world’s leading second generation bioethanol technology (PROESA), announce today that they have s...

    Saudi Cut In Oil Price For US May Lead To Price War
    Posted On Nov 07 ,2014 - 11:15-AM | by admin

    Saudi Arabia’s move to cut the cost of its oil to US customers has injected fear into the oil markets, bringing the price of OPEC crude below $80 and suggesting to some observers that the cartel is ...

    Statoil strengthens position on UK continental shelf
    Posted On Nov 07 ,2014 - 11:30-AM | by admin

    Statoil was awarded interests in 12 new licences, 9 as operator, in the 28th licensing round on the UK continental shelf, announced today by the Department of Energy and Climate Change. “We were ...

    The Driving Force Behind the US Oil Boom
    Posted On Nov 07 ,2014 - 11:37-AM | by admin

    The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. Behind the stardom of the explor...

    Petrofac achieves UK first with onshore oil spill training
    Posted On Nov 06 ,2014 - 11:24-AM | by admin

    Petrofac Training Services (PTS) is responding to the industry’s onshore environmental training needs by developing two new courses to tackle onshore oil spills – one of which has achieved a UK fi...

    PETRONAS awards Technip for a flexible pipe framework agreement
    Posted On Nov 06 ,2014 - 11:50-AM | by admin

    Technip has secured a 5-year framework agreement with PETRONAS Carigali Sdn Bhd (PCSB) for Engineering, Procurement, Construction & Installation (EPCI) or supply-only of flexible pipes for PCSB’s pr...

    Akastor ASA Announce Third-Quarter Results 2014
    Posted On Nov 06 ,2014 - 11:02-AM | by admin

    Please note that Akastor releases its quarterly results on November 6 while Aker Solutions will release its quarterly results on Friday November 7. In order for Akastor not to release sensitive inform...

    4th Annual Logistics in Oil, Gas and Petrochemicals Summit
    Posted On Nov 06 ,2014 - 11:00-AM | by admin

    The oil, gas and petrochemical industry is looking to achieve optimum exploration, production and efficient processing. Supply chain proves to be backbone of the industry to achieve this goal. Oil and...

    Statoil suspends two new rigs, Transocean Spitsbergen and Songa Trym through 2014 due to overcapacity
    Posted On Nov 06 ,2014 - 11:41-AM | by admin

    The exploration programme in the Barents Sea for 2014 is nearing completion. After Transocean Spitsbergen has completed the Saturn well the rig will cut and retrieve a wellhead in the Mercury explorat...

    Eni ranks first in "Corporate Transparency Reporting" according to Transparency International
    Posted On Nov 05 ,2014 - 11:47-PM | by admin

    Eni was ranked first in the world for transparency of corporate reporting. This result was assessed by Transparency International by examining the 124 largest listed companies in the world and analyzi...

    San Leon Energy plc announce Kęty Well Update
    Posted On Nov 05 ,2014 - 11:48-PM | by admin

    San Leon, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that the Kęty exploration well has reached a total depth of 705m MDBRT (measured depth below ...

    Leni Gas & Oil PLC Announce Name Change to LGO Energy plc
    Posted On Nov 05 ,2014 - 11:50-PM | by admin

    Further to the announcement of 27 August 2014, LGO today announces that the Company has changed its name to LGO Energy plc from Leni Gas & Oil plc. The Company's ISIN and AIM Ticker (LGO) remain un...

    AkzoNobel strengthens Middle East presence with new powder coatings facility
    Posted On Nov 05 ,2014 - 11:23-PM | by admin

    AkzoNobel has started operations at its new Powder Coatings plant in Dubai. The facility will significantly increase capacity for the company’s Interpon and Resicoat products. The state-of-the ar...

    Dynamic Software Factory Ltd. (DSF) reaches the first milestone toward achieving the Certified for Microsoft Dynamics accreditation with their solution “Oil & Gas Distribution”
    Posted On Nov 05 ,2014 - 11:55-PM | by admin

    Dynamic Software Factory Ltd. (DSF) announced that its Oil & Gas Distribution, an industry solution for the Oil & Gas Business has passed the Software Solution Test for Microsoft Dynamics, which...

    IMF Staff Concludes Visit to the United Arab Emirates
    Posted On Nov 05 ,2014 - 11:37-PM | by admin

    An International Monetary Fund (IMF) mission led by Harald Finger visited the United Arab Emirates (UAE) during October 28-November 5 to review macroeconomic and financial developments. The mission me...

    Tap Oil provides Manora Oil Development drilling update
    Posted On Nov 04 ,2014 - 11:05-PM | by admin

    Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, Operator of the Manora Oil Developmen...

    SOCO announces Lidongo X Marine 101 well offshore Congo (Brazzaville) - test results
    Posted On Nov 04 ,2014 - 11:55-AM | by admin

    SOCO announces that SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has successfully completed testing the exploration well Lidongo X Marine 101 ST1 well (“LX...

    Addax Petroleum partners with Africa Oil Week
    Posted On Nov 04 ,2014 - 11:41-AM | by admin

    Addax Petroleum is taking an active participation in the 21st Africa Oil Week, one of the most senior-level annual oil and gas events held in Cape Town, South Africa, from 3 to 7 November 2014, by att...

    EPC 2015 Oil & Gas - Workshop & Conference
    Posted On Nov 04 ,2014 - 11:36-AM | by admin

    Currently, more than $234bn-worth of Engineering, Procurement and Construction (EPC) contracts have been awarded on Oil, Gas and Petrochemicals schemes in the Middle East region's energy sector, exhib...

    Total E&P Norge Announce Successful Garantiana appraisal well
    Posted On Nov 04 ,2014 - 11:20-AM | by admin

    Total E&P Norge AS, operator of production licence 554, has completed drilling of appraisal well 34/6-3 S on the 34/6-2 S oil discovery and wildcat well 34/6-3 A. The wells were drilled about 30 kilom...

    Technip awarded technology license and process design package contract for ethane cracker in West Virginia, USA
    Posted On Nov 04 ,2014 - 11:55-AM | by admin

    Technip announced that it has entered into a contract to supply its proprietary ethylene technology and process design package (PDP) for a world-class grassroots ethane cracker for the proposed ASCEN...

    SunEdison, CorpBanca and BBVA Close US$130 Million USD Project Financing for “Javiera”, One of the Largest Solar Power Plants in Latin America
    Posted On Nov 03 ,2014 - 11:54-PM | by admin

    SunEdison, Inc. (NYSE:SUNE), a leading global solar technology manufacturer and provider of solar energy services, announced the closing of a $130 million USD non-recourse debt financing arrangement w...

    ExxonMobil to Invest in MIT Energy Initiative
    Posted On Nov 03 ,2014 - 11:59-PM | by admin

    ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT P...

    Lundin Petroleum spuds exploration well on the Lindarormen prospect in the Norwegian Sea
    Posted On Nov 03 ,2014 - 11:44-PM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 6405/12-1 in PL584 has commenced....

    Petrobras and PPSA signed a Production Individualization Agreement of the Tartaruga Mestiça sharing field, at Campos Basin
    Posted On Nov 03 ,2014 - 11:55-PM | by admin

    Petrobras and PPSA (Pré-Sal Petróleo S.A.) have signed last Friday (10/31) a Production Individualization Agreement (PIA) of the Tartaruga Mestiça, located at the south portion of the Campos Basin....

    Technip awarded furnace engineering and procurement contract
    Posted On Nov 03 ,2014 - 11:21-AM | by admin

    Technip was awarded by Sasol a contract to provide engineering and procurement for eight proprietary Ultra Selective Conversion (USC®) furnaces (1) for a world-scale ethane cracker and derivatives co...

    Neon Energy Announce Award of WA-503-P Seismic Contract
    Posted On Nov 02 ,2014 - 11:42-PM | by admin

    Neon Energy Limited (ASX: NEN) is pleased to announce that the Company has awarded a contract to CGG Services (CGG) for licensing of 200 km2 of new broadband 3D seismic data over the WA-503-P offshor...

    Tethys Petroleum provides Kazakhstan Update
    Posted On Nov 02 ,2014 - 11:06-PM | by admin

    Tethys Petroleum Limited ("Tethys" or "the Company" (TSX:TPL) (LSE:TPL)) provided an update on the sale of 50% (+ 1 share) of Tethys Kazakhstan S.A to SinoHan Oil and Gas Investment 6 B.V. ("SinoHan")...

    Eco Atlantic Acquires 2,922 Km 2d Survey On Sharon Block, Offshore Namibia
    Posted On Nov 02 ,2014 - 11:14-PM | by admin

    Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that it has acquired two previously shot 2D seismic surveys totaling 2,922 line Km (...

    BPZ Energy Announces Gas Discovery at Onshore Block XXIII and Discussions for Gas Sales Pilot Project
    Posted On Nov 02 ,2014 - 11:26-PM | by admin

    BPZ Energy (NYSE: BPZ) (BVL: BPZ), an independent oil and gas exploration and production company, today provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII. ...

    Interoil sells its Peruvian operation
    Posted On Nov 02 ,2014 - 11:10-PM | by admin

    Interoil Exploration and Production ASA ("Interoil" or "Company") has entered into a conditional agreement to transfer ownership of its oil exploration and production activities in Peru to United Oilf...

    Cairn announce Interim Management Statement
    Posted On Nov 02 ,2014 - 11:34-PM | by admin

    Cairn Energy PLC is today issuing its Interim Management Statement, in accordance with the reporting requirements of the EU Transparency Directive, which provides an update on its recent operations an...

    Chevron Reports Third Quarter Net Income of $5.6 Billion
    Posted On Oct 31 ,2014 - 10:41-PM | by admin

    Chevron Corporation (NYSE: CVX) today reported earnings of $5.6 billion ($2.95 per share – diluted) for third quarter 2014, compared with $5.0 billion ($2.57 per share – diluted) in the 2013 third...

    ICA Fluor Awarded Fabrication Contract for Shell’s Heavy Oil Extraction Project in Canada
    Posted On Oct 31 ,2014 - 10:36-AM | by admin

    Fluor Corporation (NYSE: FLR) announced that ICA Fluor, its industrial engineering, fabrication and construction joint venture with Empresas ICA, S.A.B. de C.V. (BMV and NYSE: ICA), signed a contract ...

    Oilex announce Quarterly Report to 30 September 2014
    Posted On Oct 31 ,2014 - 10:50-AM | by admin

    Summary CAMBAY PSC (45% & OPERATOR), ONSHORE GUJARAT, INDIA Quarterly Cover Fracture stimulation completed All isolation plugs successfully milled out Gas and light oil flows to surface during fl...

    Oilex announce Cambay-77H - Delivering the proof of concept objectives
    Posted On Oct 31 ,2014 - 10:35-AM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to announce significant progress in achieving the proof of concept objectives for Cambay-77H. These objectives are critical to demonstrating the Cambay Field...

    LGO Raises £2.3 million for Cedros Peninsula in Trinidad
    Posted On Oct 31 ,2014 - 10:00-AM | by admin

    LGO today announces that the Company has successfully raised £2.3 million before expenses, by way of the placing of 48,418,167 new ordinary shares ("the Placing Shares") at a placing price of 4.75p p...

    How Long Can The Shale Revolution Last?
    Posted On Oct 31 ,2014 - 10:01-AM | by admin

    A new study has cast serious doubt on whether the much-ballyhooed U.S. shale oil and gas revolution has long-term staying power.

      The U.S. produced 8.5 million barrels of oil per day in July o...

    The End Of An Era: Is The US Petrodollar Under Threat?
    Posted On Oct 31 ,2014 - 10:41-AM | by admin

    Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy marke...

    Songa Offshore SE announce USD 1.1bn senior secured credit facility signed
    Posted On Oct 31 ,2014 - 10:55-AM | by admin

    Songa Offshore SE is pleased to announce that the documentation for the previously announced USD 1.1 billion senior secured credit facility for the financing of the last two Cat D drilling rigs, Songa...

    Seplat Petroleum Announce Interim Management Statement & Q3 2014 Results
    Posted On Oct 30 ,2014 - 10:06-PM | by admin

    Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange, today ann...

    Gulfsands announce interim results for the six months ended 30 June 2014
    Posted On Oct 30 ,2014 - 10:19-PM | by admin

    Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and...

    Gulfsands Petroleum Release Shareholding Notification
    Posted On Oct 30 ,2014 - 10:21-PM | by admin

    Gulfsands Petroleum plc ("Gulfsands" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. a...

    Approval of Akri-Bijeel Field Development Plan
    Posted On Oct 30 ,2014 - 10:50-PM | by admin

    Gulf Keystone, an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq, notes today's announcement by MOL Plc., operator of the Akri-Bijeel Block ...

    Egdon announces Completion of drilling operations - Burton on the Wolds-1 exploration well (PEDL201)
    Posted On Oct 30 ,2014 - 10:21-PM | by admin

    Egdon Resources plc (AIM:EDR) announces the completion of drilling operations at the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 in Leicestershire. The Burt...

    Neste Jacobs Renews its Organization
    Posted On Oct 30 ,2014 - 10:56-PM | by admin

    Neste Jacobs changes its leadership model and organization to respond better to its Growth Strategy and future challenges. The Company Board approved at the end of 2013 the new long term Growth Strate...

    Statoil sanctions Stampede
    Posted On Oct 30 ,2014 - 10:15-PM | by admin

    Statoil has decided to invest USD 1.5 billion in the Stampede development in the U.S. Gulf of Mexico, which is expected to begin production in 2018. Statoil owns 25% of Stampede, which is operated by ...

    ConocoPhillips Reports Third-Quarter 2014 Earnings
    Posted On Oct 30 ,2014 - 10:40-AM | by admin

    ConocoPhillips (NYSE: COP) today reported third-quarter 2014 earnings of $2.7 billion, or $2.17 per share, compared with third-quarter 2013 earnings of $2.5 billion, or $2.00 per share. Excluding spec...

    Leni Gas & Oil Announce Airborne Gravity Survey and give Cedros Peninsula Update
    Posted On Oct 30 ,2014 - 10:12-AM | by admin

    Leni Gas & Oil Plc (LGO) announced that it has agreed to acquire a license to a Full-Tensor Gravity Gradiometry ("FTG") airborne survey over the entirety of the onshore Southern Basin of Trinidad. T...

    Technip Issues Third Quarter 2014 Results
    Posted On Oct 30 ,2014 - 10:57-AM | by admin

    Order intake of €2.2 billion Order intake of €2.2 billion Revenue of €2.8 billion up 18% Operating income from recurring activities1: Subsea €193 million and Onshore/Offshore €70 million ...

    Afren plc Issues Interim Management Statement
    Posted On Oct 30 ,2014 - 10:44-AM | by admin

    Afren plc (“Afren” or the “Group”), (LSE: AFR, FTSE 250 index), announces its Interim Management Statement (“IMS”) and financial results for the nine months ended 30 September 2014 and an ...

    Shell plc third quarter 2014 results announcement
    Posted On Oct 30 ,2014 - 10:41-AM | by admin

    Third quarter 2014 summary of unaudited results Highlights: Royal Dutch Shell’s third quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.3 bi...

    Eni Announce third quarter and nine months of 2014 results
    Posted On Oct 30 ,2014 - 10:19-AM | by admin

    Eni’s Board of Directors approved group results for the third quarter and nine months of 2014 (unaudited)1. Financial highlights Operating cash flow2: €3.98 billion for the ...

    Eni Announce New Significant Oil discovery in the Offshore of Congo
    Posted On Oct 30 ,2014 - 10:52-AM | by admin

    Eni has made a new important oil discovery in the Minsala Marine exploration prospect located in the Marine XII Block offshore Congo at 35 Kilometers from the shoreline and 12 kilometers from the...

    Aqualis ASA Announce Third quarter results 2014
    Posted On Oct 29 ,2014 - 10:39-PM | by admin

    Marine and offshore engineering consultancy group Aqualis ASA (Aqualis) reported revenues of USD 10.7 million in the third quarter 2014. Adjusted EBIT was USD 0.3 million. Order backlog stood at USD 2...

    Gazprom Neft Board of Directors reviews gas sales and utilisation of associated petroleum gas
    Posted On Oct 29 ,2014 - 10:18-PM | by admin

    The Board of Directors of Gazprom Neft has reviewed implementation of the programme aimed at improving its associated petroleum gas (APG) utilisation programme. Gazprom Neft is one of Russia’s leadi...

    Tap Oil Announce Update on the Manora Oil Development
    Posted On Oct 29 ,2014 - 10:39-PM | by admin

    Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, Operator of the Manora Oil Developmen...

    Schlumberger Introduces New Well Integrity Service
    Posted On Oct 29 ,2014 - 10:33-PM | by admin

    Schlumberger announced today the release of Invizion Evaluation* well integrity service, which helps operators evaluate zonal isolation by using integrated drilling, cementing and well logging data. ...

    GE, Inter RAO and Rostec open a factory
    Posted On Oct 29 ,2014 - 10:16-PM | by admin

    RUSSIAN GAS TURBINES, a joint venture between GE (NYSE: GE), "Inter RAO" and JSC "United Engine Corporation" (ODK, is a State Corporation Rostec) Open in g . Rybinsk plant for the production, sale and...

    Saudi Aramco’s affiliate Opening New Horizons in Japan
    Posted On Oct 29 ,2014 - 10:24-PM | by admin

    Aramco Asia-Japan, Saudi Aramco’s affiliate based in Tokyo, is opening new horizons, leading new markets and enhancing the company’s growth opportunities in the region. Aramco Asia-Japan, the prod...

    Saipem Board of Directors announce results for Q3 and the first nine months of 2014
    Posted On Oct 29 ,2014 - 10:48-PM | by admin

    The Board of Directors of Saipem S.p.A. today approved Saipem Group's Interim Report at September 30, 2014 (not subject to audit). Third Quarter 2014: Revenues: €3,509 mil...

    Saipem wins new E&C and Drilling contracts worth approximately $2 billion
    Posted On Oct 29 ,2014 - 10:31-PM | by admin

    Saipem has been awarded a new Engineering & Construction contract in Saudi Arabia and new Drilling contracts in the Middle East and in Latin America cumulatively valued approximately $2 billion. Sa...

    Neste Jacobs Awarded the Best Summer Trainee Employer in Finland
    Posted On Oct 29 ,2014 - 10:06-PM | by admin

    Technology, engineering and project management company Neste Jacobs has been awarded Best Summer Trainee Employer of the Year 2014 in Finland. The winner was selected by the jury consisting of student...

    Statoil Announce Third quarter results 2014
    Posted On Oct 29 ,2014 - 10:25-AM | by admin

    Statoil's (OSE:STL, NYSE:STO) third quarter 2014 net operating income was NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion ma...

    Anadarko Announces Third-Quarter 2014 Results
    Posted On Oct 29 ,2014 - 10:00-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) announced third-quarter 2014 net income attributable to common stockholders of $1.087 billion, or $2.12 per share (diluted). These results include certain it...

    Hess Announces Plan to Develop Stampede Field in the Deepwater Gulf of Mexico
    Posted On Oct 29 ,2014 - 10:14-AM | by admin

    Hess Corporation (NYSE:HES) announced that together with its project co-owners it will proceed with the development of Stampede, an oil and gas project operated by Hess in the deepwater Gulf of Mexico...

    Total announces its interim dividend for the third quarter 2014
    Posted On Oct 29 ,2014 - 10:00-AM | by admin

    The Board of Directors of Total approved a third quarter 2014 interim dividend of 0.61 euros per share. This interim dividend, increased by 3.4% compared to the third quarter 2013, is payable in euros...

    Chevron Sanctions Stampede Project in the Deepwater U.S. Gulf of Mexico
    Posted On Oct 29 ,2014 - 10:54-AM | by admin

    Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corpor...

    Technip wins substantial subsea contract for Bangka Development in Indonesia
    Posted On Oct 29 ,2014 - 10:13-AM | by admin

    Technip was awarded a substantial(1) subsea contract by Chevron Indonesia for the Bangka Development, located in Rapak PSC area, approximately 70km offshore the province of East Kalimantan, Indonesia....

    Plant Shutdown & Turnaround Forum, Doha
    Posted On Oct 28 ,2014 - 10:04-PM | by admin

    Commencing the Journey for a Successful Shutdown at Plant Shutdown & Turnaround Forum, Doha Summit to provide an extraordinary opportunity for industry experts to gain specific, forward- thinking s...

    Paradigm Renews Access Agreement with Chevron for Next-Generation Software Solutions
    Posted On Oct 28 ,2014 - 10:35-PM | by admin

    The new agreement provides company-wide access to Paradigm formation evaluation solutions in addition to Paradigm interpretation and modeling solutions. Paradigm® announced it has...

    Ophir Announces Acquisition of Indonesian Exploration Licences
    Posted On Oct 28 ,2014 - 10:21-PM | by admin

    Ophir Energy plc ("Ophir" or "the Company") is pleased to announce it has entered into an agreement with Niko Resources ("Niko") to acquire interests in seven deepwater Production Sharing Contracts ("...

    Rolls-Royce awarded its largest single subsea contract
    Posted On Oct 28 ,2014 - 10:22-PM | by admin

    Rolls-Royce has signed a major contract to supply a complete module handling system to the subsea construction vessel Aker Wayfarer. The vessel was built by Vard Søviknes in 2010 and will now undergo...

    Claxton Dubai awarded multi-well slot recovery campaign in the Middle East
    Posted On Oct 28 ,2014 - 10:42-PM | by admin

    Claxton Engineering, an Acteon company, has been awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platfor...

    Continental Resources Enters Into Joint Venture With SK E&S Of South Korea
    Posted On Oct 28 ,2014 - 10:04-PM | by admin

    Continental Resources, Inc. ("Continental" or the "Company") (NYSE: CLR) announced today it has formed a joint venture with a wholly-owned U.S. subsidiary of SK E&S Co. Ltd ("SK") to jointly develop a...

    Repsol discovers a high quality oil net pay of over 150 metres thick in the United States' Gulf of Mexico
    Posted On Oct 28 ,2014 - 10:02-PM | by admin

    Repsol has made a new discovery of high quality oil in the United States’ Gulf of Mexico. The find was made 352 kilometres from the Louisiana coast in an ultra-deep water well named León, located i...

    BP Reports Third Quarter 2014 Results
    Posted On Oct 28 ,2014 - 10:09-PM | by admin

    BP today reported its financial results for the third quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Ope...

    BP and CGG Agree to Develop Next-Generation Marine Seismic Source Technology
    Posted On Oct 28 ,2014 - 10:57-PM | by admin

    BP and CGG today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research effor...

    Noble Energy Announces Operations Update
    Posted On Oct 28 ,2014 - 10:38-PM | by admin

    DJ BASIN In the DJ Basin, sales volumes averaged a record 102 MBoe/d, up five percent from the second quarter of 2014. Versus the same quarter of last year, after excluding the impa...

    Noble Energy Announces Third Quarter 2014 Results
    Posted On Oct 28 ,2014 - 10:36-PM | by admin

    Noble Energy, Inc. (NYSE:NBL) announced today third quarter 2014 net income of $419 million, or $1.12 per diluted share. Excluding the impact of certain items, which would typically not be considered...

    BG Group plc announce 2014 Third Quarter & Nine Months Results
    Posted On Oct 28 ,2014 - 10:48-AM | by admin

    Third Quarter Highlights  Appointment of Helge Lund as Chief Executive  E&P production down 2% at 569 kboed; decline in Egypt, partially offset by higher production in Bra...

    CME Group, KRX Announce After-hours Access to US Dollar Futures Contract on CME Globex
    Posted On Oct 28 ,2014 - 10:58-AM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, and the Korea Exchange Inc. (KRX), a fully-integrated capital marketplace in Asia leading market innovation and supporting crea...

    EnQuest selects Technip for a large subsea contract
    Posted On Oct 28 ,2014 - 10:04-AM | by admin

    Client support from concept to execution – Technip to manage design, fabrication and installation - First class assets – Technip to leverage its spoolbase, technologically advanced steel tube umb...

    Chevron Announces First Gas from Bangladesh Bibiyana Expansion Project
    Posted On Oct 28 ,2014 - 10:03-AM | by admin

    Chevron Corporation (NYSE:CVX) today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The ...

    Statoil announce Cargo no. 500 leaves Snøhvit
    Posted On Oct 28 ,2014 - 10:14-AM | by admin

    The special vessel Arctic Voyager is the 500th to visit Melkøya and Hammerfest to carry product from the Snøhvit plant. The vessel will freight a cargo of LNG from Melkøya to Aliaga in Turkey. W...

    Total sells an 8% interest in Gina Krog field and interests in three minor fields
    Posted On Oct 28 ,2014 - 10:46-AM | by admin

    Total announces that its wholly owned subsidiary Total E&P Norge AS has signed an agreement to sell an 8% interest in the Gina Krog field in Norway, together with its interests in the mature fields of...

    Bechtel awarded contract in Kazakhstan
    Posted On Oct 27 ,2014 - 10:37-PM | by admin

    Bechtel has been awarded a contract to provide engineering, procurement, and construction services to build four crude-oil storage tanks at the TengizChevroil oil production facility in Tengiz, Kazakh...

    Technip and Fluor awarded EP&CM contract for Sasol’s Louisiana Ethane Cracker and Derivatives Complex
    Posted On Oct 27 ,2014 - 10:07-PM | by admin

    Technip, in a joint venture with Fluor Corporation, was awarded an engineering, procurement, and construction management (EP&CM) contract by Sasol for its world scale ethane cracker and derivatives co...

    COMESA Selects Paradigm as Strategic Partner for New Seismic Data Processing Center
    Posted On Oct 27 ,2014 - 10:02-PM | by admin

    Paradigm® announced today that Mexico seismic services company COMESA (www.comesa.mx) has selected Paradigm as a Strategic Partner for its new Seismic Data Processing Center. Through the use of Parad...

    Petrobras provides update in response to “Lava Jato Operation”
    Posted On Oct 27 ,2014 - 10:08-PM | by admin

    Petrobras, with regard to news related to the investigation into “Lava Jato Operation”, provides the following market update information: “Lava Jato Operation” is an investigation that is bei...

    Eni Makes significant gas finding Offshore Indonesia
    Posted On Oct 27 ,2014 - 10:02-AM | by admin

    Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where Eni is operator with a 100% stake. The Block is located in the offshore East Kalimantan ...

    Low Oil Prices Hurting U.S. Shale Operations
    Posted On Oct 24 ,2014 - 10:24-PM | by admin

    Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm ...

    Kuwait Energy announces discovery at Abu Sennan, Egypt
    Posted On Oct 24 ,2014 - 10:48-AM | by admin

    Kuwait Energy ("the Company") an independent oil and gas company with assets across the MENA region, and their main partner, the Egyptian General Petroleum Corporation (EGPC), announces that the opera...

    Ophir Energy Says New Outboard Blocks secured offshore Gabon
    Posted On Oct 24 ,2014 - 10:50-AM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) announces it has expanded its footprint offshore Gabon by signing exploration and production sharing contracts for two additional blocks. The new...

    CNOOC Limited Announces New Discovery Jinzhou 23-2 in Bohai
    Posted On Oct 24 ,2014 - 10:50-AM | by admin

    CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north pa...

    CNOOC Announce A New Deepwater Gas Discovery in Gabon
    Posted On Oct 24 ,2014 - 10:48-AM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced a large-sized deepwater gas discovery Leopard offshore Gabon, West Africa. The well Leopard-1 is located in license BCD...

    Black Rhino to meet with international stakeholders at Powering Africa: Ethiopia 2014
    Posted On Oct 24 ,2014 - 10:10-AM | by admin

    Founder and CEO of Black Rhino Brian Herlihy will attend and speak at the 3rd annual investment meeting Powering Africa: Ethiopia, taking place from 20-21st November in Addis Ababa Black Rhino is c...

    Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico
    Posted On Oct 24 ,2014 - 10:23-AM | by admin

    Chevron Corporation (NYSE:CVX) announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in ...

    Statoil takes on offshore operatorship in Australia
    Posted On Oct 24 ,2014 - 10:04-AM | by admin

    Statoil continues to expand in Australia, with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia. Thi...

    Technip and Fluor awarded RAPID UIO project in Malaysia
    Posted On Oct 24 ,2014 - 10:41-AM | by admin

    Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for the PETRONAS Refinery and Petrochemi...

    Stratagraph Release a First Look at Their New Brand
    Posted On Oct 24 ,2014 - 10:10-AM | by admin

    This month, Stratagraph, Inc. announced the launch of a re-brand and a new look for our website. Upper management decided it was time to rejuvenate our brand, giving us a strong look that elevates us ...

    Tullow Oil Announce Kenya exploration and appraisal update
    Posted On Oct 23 ,2014 - 10:15-AM | by admin

    Tullow Oil plc (Tullow) announces the results of a series of recent exploration and appraisal activities conducted in Blocks 10BB and 13T onshore Kenya. Kodos-1 wildcat exploration well in ...

    Marconi-Vorlich exploration well successful
    Posted On Oct 23 ,2014 - 10:36-PM | by admin

    UK exploration well 30/1f-13 and sidetrack 30/1f-13Y have encountered hydrocarbons in the Marconi-Vorlich prospect. The find in Paleocene Sandstones has been flow tested at a maximum rate of 5,350 bar...

    Noble Energy Announces Election Of David L. Stover As President & Chief Executive Officer
    Posted On Oct 22 ,2014 - 10:33-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) announced today that the Board of Directors has elected David L. Stover as President and Chief Executive Officer, succeeding Charles D. Davidson as CEO. Mr. Stover's ele...

    Moody’s revises Petrobras rating maintaining Investment Grade
    Posted On Oct 22 ,2014 - 10:36-PM | by admin

    Petrobras informs that Moody’s rating agency has announced a revision of Petrobras’ global foreign currency and local currency debt ratings to Baa2 from Baa1 with a negative outlook, maintaining I...

    Songa Offshore SE Announce Reduced liabilities in relation to Songa Venus bareboat charter agreement
    Posted On Oct 22 ,2014 - 10:59-PM | by admin

    Reference is made to the announcements made by Songa Offshore SE ("Songa Offshore" or the "Company") on 25 April 2014 and 23 July 2014 regarding the sale of Songa Mercur and Songa Venus. Following neg...

    Shell announces Gabon deep-water gas discovery
    Posted On Oct 22 ,2014 - 10:30-PM | by admin

    Shell today announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. ...

    Total’s Board of Directors pays homage to Christophe de Margerie and organizes the Group’s new governance
    Posted On Oct 22 ,2014 - 10:53-PM | by admin

    he Board of Directors met today and paid homage to Chairman and CEO Christophe de Margerie, who died tragically in an airplane accident in Moscow on the night of October 20-21, 2014. After joining ...

    Oliver Valvetek Tackles Oil and Gas Extraction Costs
    Posted On Oct 21 ,2014 - 10:33-PM | by admin

    Oliver Valvetek Tackles Increasing Oil and Gas Extraction Costs with Innovative Valve Solutions With Oil and Gas resources depleting quickly, the pressure is on for Valve Manufacturers to deliver inno...

    Union Jack Oil announce Commencement of Drilling Operations at Burton on the Wolds-1 Exploration Well (PEDL201)
    Posted On Oct 21 ,2014 - 10:19-AM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling and development opportunities in the United Kingdom hydrocarbon sector, notes th...

    New oil resources proved in the Grane area
    Posted On Oct 21 ,2014 - 10:43-AM | by admin

    Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Lead...

    Total confirms the death of Chairman and CEO Christophe de Margerie
    Posted On Oct 21 ,2014 - 10:09-AM | by admin

    Total confirms with deep regret and great sadness that Chairman and CEO Christophe de Margerie died just after 10pm (Paris time) on October 20 in a private plane crash at Vnukovo Airport in Moscow, fo...

    Horizon hits oil in second Beibu Gulf well, Offshore China
    Posted On Oct 20 ,2014 - 10:00-PM | by admin

    Horizon Oil advises that drilling of the second of a two exploration well program in the Beibu Gulf Block 22/12 has been completed. The WZ 12-10-2 well is located is located in 36 m of water 1.6 km ea...

    Directorate Change at Range Resources Limited
    Posted On Oct 20 ,2014 - 10:46-PM | by admin

    The Board of Range announces that Sir Sam Jonah, Non-Executive Chairman, has decided to step down from the Board of the Company effective from the conclusion of the Company's next Annual General Meeti...

    Serica provides update on Sidi Moussa Operations
    Posted On Oct 20 ,2014 - 10:43-PM | by admin

    Serica Energy plc (AIM & TSX: SQZ) confirms that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT (measured depth below rotary table) and encountered ...

    RSM Settlement Update Issued by Victoria Oil & Gas Plc
    Posted On Oct 20 ,2014 - 10:24-PM | by admin

    The Company today announces that Akintola Williams Deloitte, Nigeria ("Deloitte"), a member firm of Deloitte Touche Tohmatsu Limited, has finished its fieldwork and issued a draft report relating to d...

    Oryx Petroleum Announces Acquisition of Interest in AGC Central License Area
    Posted On Oct 20 ,2014 - 10:39-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Group”) has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and ...

    Pacific Rubiales signs MoU with Pemex to jointly explore oil & gas business opportunities in Mexico
    Posted On Oct 20 ,2014 - 10:56-PM | by admin

    Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced that it has entered into a three year Memorandum of Understanding and Cooperation (the "MOU") with Mexico's state oil com...

    Shell Midstream Partners, L.P. launches initial public offering
    Posted On Oct 20 ,2014 - 10:45-PM | by admin

    Shell Midstream Partners, L.P., a limited partnership formed by Royal Dutch Shell, announced today that it has launched its initial public offering of 37,500,000 common units, representing limited par...

    President Energy announce oil discovery in Paraguayan Chaco
    Posted On Oct 20 ,2014 - 10:30-AM | by admin

    President Energy announces an update on its Lapacho well, Pirity Concession, Paraguayan Chaco (President 64% operated interest) Highlights Lapacho well discovery - Pr...

    Morocco Well Testing results announced by San Leon
    Posted On Oct 20 ,2014 - 10:00-AM | by admin

    San Leon, the AIM listed company focused on oil and gas exploration in Europe and North Africa, confirms that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825...

    Songa Offshore SE announce Songa Dee SPS Update
    Posted On Oct 20 ,2014 - 10:42-AM | by admin

    The scope of work for the Songa Dee Special Periodic Survey (SPS) has progressed according to plan, including the budget of 60 days and USD 90 million. The rig has during the yard stay achieved its ce...

    Union Jack Oil announce Hydrocarbon Portfolio Update
    Posted On Oct 20 ,2014 - 10:47-AM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling and development opportunities in the United Kingdom hydrocarbon sector, notes th...

    The President of Myanmar, Thein Sein, meets with Eni's CEO, Claudio Descalzi
    Posted On Oct 17 ,2014 - 10:14-PM | by admin

    The President of the Republic of the Union of Myanmar, Thein Sein , met in Milan Eni’s CEO, Claudio Descalzi. During the meeting, Eni’s CEO updated the President Sein on projects and activities...

    Eni signs a cooperation agreement with Kogas on upstream and LNG activities
    Posted On Oct 17 ,2014 - 10:32-AM | by admin

    Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement w...

    INPEX Commences Oil Production from Umm Lulu Oil Field Offshore Abu Dhabi, United Arab Emirates
    Posted On Oct 17 ,2014 - 10:50-AM | by admin

    INPEX CORPORATION (INPEX) announced today that, through its wholly-owned subsidiary, Japan Oil Development Co., Ltd. (JODCO), it commenced oil production from the Umm Lulu Oil Field offshore Abu Dh...

    Oryx Petroleum Announces Acquisition of Interest in AGC Central License Area
    Posted On Oct 17 ,2014 - 10:36-AM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Group”) has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and ...

    Neste Oil's biopropane will be sold to SHV Energy
    Posted On Oct 17 ,2014 - 10:09-AM | by admin

    Neste Oil and SHV Energy have agreed that SHV Energy will market and sell biopropane to be produced at Neste Oil's Rotterdam refinery. The agreement to supply some 160,000 tons of biopropane over a fo...

    Schlumberger Announces Third-Quarter 2014 Results
    Posted On Oct 17 ,2014 - 10:45-AM | by admin

    Schlumberger Limited (NYSE:SLB) today reported third-quarter 2014 revenue of $12.6 billion versus $12.1 billion in the second quarter of 2014, and $11.6 billion in the third quarter of 2013.

    Petrofac Secures Duty Holder Contract With Faroe
    Posted On Oct 17 ,2014 - 10:49-AM | by admin

    Petrofac Offshore Projects & Operations has secured a Duty Holder contract for two assets in the Southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provid...

    Petrofac Issues Interim Management Statement
    Posted On Oct 17 ,2014 - 10:01-AM | by admin

    On track to deliver net profit in the range US$580 million to US$600 million for the full year 2014, in line with previous guidance · Most successful year for new awards, with ECOM order intake ...

    IMF Statement on Ghana
    Posted On Oct 17 ,2014 - 10:41-AM | by admin

    A Ghanaian delegation led by Mr. Kwesi Botchwey and including Finance Minister Seth Terkper, Minister of Employment and Labor relations, Hon. Haruna Iddrisu, and Bank of Ghana Governor Kofi Wampah hel...

    IMF and the Extractive Industries Transparency Initiative Collaborate Toward Improving Transparency of Natural Resources Revenues
    Posted On Oct 16 ,2014 - 10:57-PM | by admin

    The International Monetary Fund (IMF) and the Extractive Industries Transparency Initiative (EITI) are collaborating to improve transparency and consistency of government revenues from natural resourc...

    NEBOSH International Technical Certificate in Oil and Gas Operational Safety
    Posted On Oct 16 ,2014 - 10:07-AM | by admin

    The NEBOSH International Technical Certificate in Oil and Gas Operational Safety covers the principles of process safety management in the oil and gas industries, it provides an excellent foundation i...

    SOCO International plc Announce Well update - offshore Congo (Brazzaville)
    Posted On Oct 16 ,2014 - 10:20-AM | by admin

    SOCO announces that SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has completed drilling the exploration well Lidongo X Marine 101 well ("LXM-101"). The we...

    Petrobras announce total production reached 2.8 million barrels of oil equivalent per day in September
    Posted On Oct 15 ,2014 - 10:02-PM | by admin

    Petrobras announces that its consolidated oil and gas production, in Brazil and abroad, rose 0.8% from August’s production of 2,759 thousand barrels of oil equivalent per day (boed) to 2,781 thousan...

    Petrobras begins commercial production at Santos Basin pre-salt Iracema Sul area
    Posted On Oct 15 ,2014 - 10:57-AM | by admin

    Petrobras announces that platform Cidade de Mangaratiba went into operation today (10/14) at the Santos Basin pre-salt area of Iracema Sul, in Lula field, located on block BM-S-11. The start-up of the...

    Gazprom announce financial statement for the six months ended June 30, 2014
    Posted On Oct 15 ,2014 - 10:21-AM | by admin

    Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the si...

    Gazprom and CNPC sign Technical Agreement on gas supplies via eastern route
    Posted On Oct 15 ,2014 - 10:47-AM | by admin

    A Technical Agreement was signed by Alexey Miller, Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC in the House of the Russian Government in Moscow. It is a supp...

    BG Group Announce Appointment of Helge Lund as Chief Executive
    Posted On Oct 15 ,2014 - 10:05-AM | by admin

    BG Group today announces the appointment of Helge Lund as Chief Executive and as an Executive Director with effect from 2 March 2015. Helge is currently the Chief Executive Officer of Statoil, a $7...

    Statoil’s president and CEO Helge Lund resigns
    Posted On Oct 15 ,2014 - 10:15-AM | by admin

    President and CEO Helge Lund has informed Statoil’s (OSE: STL, NYSE: STO) board of directors that he will resign. Helge Lund has chosen to leave Statoil to take up the position as CEO of another in...

    GE’s Gas Turbines to Help Provide Uninterrupted Power in Iraq
    Posted On Oct 14 ,2014 - 10:00-PM | by admin

    GE (NYSE: GE) has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt (MW) combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas...

    Minister Pledges to accelerate the provision of adequate gas supply for power generation to Nigerians
    Posted On Oct 14 ,2014 - 10:35-PM | by admin

    The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has committed to an aggressive and robust implementation of the various initiatives designed to accelerate the provision of adequate ga...

    CME Group Refocuses for Future Growth
    Posted On Oct 14 ,2014 - 10:06-PM | by admin

    As part of its recently announced restructuring, CME Group said today it will reduce the company's global workforce this week by roughly 5 percent or about 150 positions. The majority of eliminations ...

    Afren Release Results of independent review into disclosure around previous transactions and unauthorised payments
    Posted On Oct 14 ,2014 - 10:06-AM | by admin

    Afren plc (“Afren” or the “Company”) announced that Willkie Farr & Gallagher (UK) LLP (“WFG”) has completed its independent review into certain transactions undertaken by the Company and w...

    Seventh natural gas discovery offshore Tanzania
    Posted On Oct 14 ,2014 - 10:54-AM | by admin

    Statoil and co-venturer Exxon Mobil today announced that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillio...

    With the Launch of Energyhires, Landing a Job in Southeast Asia’s Oil and Gas Industry Just Got Easier
    Posted On Oct 14 ,2014 - 10:20-AM | by admin

    For a long time, oil and gas professionals seeking work in Southeast Asia’s energy industry have lamented the lack of an online resource aimed specifically at addressing their career needs within th...

    Afren Announce Dismissal of CEO, COO and Associate Directors
    Posted On Oct 14 ,2014 - 10:00-AM | by admin

    Afren plc (“Afren” or the “Company”) announced that Willkie Farr & Gallagher (UK) LLP (“WFG”) has completed its independent review into the receipt of unauthorised payments by members of m...

    100 million barrels pumped from Varg oil field
    Posted On Oct 13 ,2014 - 10:54-PM | by admin

    Barrel numbering 100 000 000 has been shipped from the Varg field. Production on the field has thus exceeded the most optimistic production forecasts by more than 50 percent. Production on the Varg...

    Energy sector is key to powering prosperity in sub-Saharan Africa - Report
    Posted On Oct 13 ,2014 - 10:46-PM | by admin

    Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy O...

    Eni signs two new production sharing contracts for offshore exploration in Vietnam
    Posted On Oct 13 ,2014 - 10:53-PM | by admin

    Eni's CEO, Claudio Descalzi, signed today with Petrovietnam's President and CEO, Do Van Hau, two Production Sharing Contracts (PSCs) for the exploration of blocks 116 and 124, located off the coast of...

    Statoil sells 15.5% share in Shah Deniz to PETRONAS for USD 2.2 billion
    Posted On Oct 13 ,2014 - 10:16-AM | by admin

    Statoil (OSE: STL, NYSE: STO) has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SC...

    Neste Jacobs to implement production-related investments at Neste Oil refineries in Finland
    Posted On Oct 13 ,2014 - 10:01-AM | by admin

    Technology, engineering and project management company Neste Jacobs has been chosen as the EPCM contractor to implement the new SDA (Solvent De-Asphalting) unit at Neste Oil's Porvoo refinery. Neste J...

    17th annual E&P Information & Data Management Conference
    Posted On Oct 12 ,2014 - 10:32-PM | by admin

    SMi Group announces its 17th annual E&P Information & Data Management Conference will be taking place in London in February 2015. This year’s event will bring leading industry experts from across th...

    TransCanada Receives Regulatory Approval for Grand Rapids Pipeline Project
    Posted On Oct 12 ,2014 - 10:40-PM | by admin

    TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) announced that the Alberta Energy Regulator (AER) has approved the majority of the company's applications to construct and operate the Gra...

    MeteoGroup signs offshore weather forecasting contract with Shell
    Posted On Oct 10 ,2014 - 10:18-PM | by admin

    MeteoGroup is to provide a weather forecasting service to Shell offshore operations in the UK, Ireland, Norway and the Netherlands. The service has been designed specifically for Shell to help maximi...

    Minister of Energy of Kazakhstan meets Eni CEO Claudio Descalzi
    Posted On Oct 10 ,2014 - 10:40-PM | by admin

    The new Minister of Energy Vladimir Shkolnik , the Chairman of the Management Board of State Oil Company KazMunaiGaz Sauat Mynbayev and Eni’s CEO Claudio Descalzi met today in Astana. During the ...

    Valeura announce new discoveries in Turkey, Provides operational update
    Posted On Oct 10 ,2014 - 10:09-PM | by admin

    Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE) is pleased to announce three new discoveries in Turkey and to provide an operational update for the third quarter of 2014. The Corpo...

    Petrofac secures two major contracts
    Posted On Oct 10 ,2014 - 10:03-PM | by admin

    Petrofac’s Offshore Projects & Operations business unit has been awarded two major reimbursable contracts in the UKCS and the Middle East. In the Central North Sea, Petrofac has been selected to ...

    GE Oil & Gas Further Expands Artificial Lift Portfolio
    Posted On Oct 10 ,2014 - 10:50-PM | by admin

    With unconventional oil and gas operators seeking more flexible production equipment that can handle fluctuating conditions, GE Oil & Gas (NYSE: GE) announced the global introduction of its next-gene...

    ConocoPhillips Starts Production at the Gumusut-Kakap Floating Production Facility in Malaysia
    Posted On Oct 10 ,2014 - 10:39-AM | by admin

    ConocoPhillips (NYSE: COP) confirmed the start of oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. "The startup of the Gu...

    CB&I Announces Technology Award in the Kingdom of Bahrain
    Posted On Oct 10 ,2014 - 10:19-AM | by admin

    CB&I (NYSE:CBI) announced Chevron Lummus Global, a joint venture between CB&I and Chevron, has been awarded a contract in excess of $100 million by Bahrain Petroleum Co. (Bapco). The...

    FMC Technologies Awarded Frame Agreement to Supply Subsea Production Systems by Wintershall Norge AS
    Posted On Oct 10 ,2014 - 10:23-AM | by admin

    FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a long term frame agreement with Wintershall Norge AS to supply subsea production systems for its developments offshore Norway. The fir...

    Saipem, Chiyoda and Xodus establish a new subsea engineering company
    Posted On Oct 10 ,2014 - 10:21-AM | by admin

    Saipem has joined forces with Xodus Group and Chiyoda Corporation to establish a standalone company, named Xodus Subsea, with the objective to support the growing activity in the subsea fields develo...

    Orca Announces 2014 Drilling Program for PEL 110
    Posted On Oct 10 ,2014 - 10:11-AM | by admin

    Orca Energy Limited (“Orca” or the “Company”) is pleased to announce the commencement of the 2014 drilling program for PEL 110, located in the South Australian Cooper Basin (OGY 20%). The ...

    Polarcus Northwest Africa 3D multi-client projects in the spotlight
    Posted On Oct 10 ,2014 - 10:33-AM | by admin

    The FAN-1 oil discovery offshore Senegal announced by Cairn Energy and its joint venture partners on 07 October is exciting news for companies exploring this northwest African shelf. The basic play mo...

    Tower Resources comments on Badada Well Onshore Kenya
    Posted On Oct 10 ,2014 - 10:54-AM | by admin

    Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN), the AIM-listed Africa-focussed oil and gas exploration company, notes the announcement dated 8 October 2014 from the Operator, ...

    Taipan Resources announce Well expected to spud year-end 2014
    Posted On Oct 10 ,2014 - 10:04-AM | by admin

    Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN)(OTCQX:TAIPF) Taipan Resources Secures Greatwall Drill Rig For The 251mmbbll Badada Well Onshore Kenya; Well Expected to Spud Year-En...

    Libra consortium signs letter of intent for charter of its 1st FPSO for Extended Well Tests
    Posted On Oct 10 ,2014 - 10:47-AM | by admin

    Petróleo Brasileiro S.A. – Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating producti...

    Sputnik-1 offshore Gabon Well update
    Posted On Oct 10 ,2014 - 10:38-AM | by admin

    Perenco, Tullow Oil’s partner in the Arouwe block offshore Gabon, today issued the following operational update. “Perenco announces that the Sputnik-1 well, targeting a pre-salt structure in G...

    Tullow Oil completes partial sale of UK Schooner and Ketch gas assets
    Posted On Oct 10 ,2014 - 10:21-AM | by admin

    Tullow Oil plc (“Tullow” or “the Group”) announces today that its subsidiary Tullow Oil SK Limited has completed the sale of 53.1% of its Schooner unit interest and 60% of its Ketch asset in t...

    Crude prices continue downward spiral
    Posted On Oct 09 ,2014 - 10:06-PM | by admin

    OPEC daily basket price stood at $88.32 a barrel Wednesday, 8 October 2014 Crude prices since then have gone into free fall, following a series of dour reports on economic growth in China, Japan and ...

    Chevron Names Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015
    Posted On Oct 09 ,2014 - 10:32-PM | by admin

    Chevron Corporation (NYSE:CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015. In her new role, Francis, 50, will counsel the board of directors a...

    OPEC's World Oil Outlook and Annual Statistical Bulletin to be launched 6 November 2014
    Posted On Oct 09 ,2014 - 10:11-PM | by admin

    The 2014 OPEC World Oil Outlook (WOO) and 2014 Annual Statistical Bulletin (ASB) will be presented at a press conference to be held at the OPEC Secretariat on Thursday, 6 November 2014

    Halliburton Awarded Mature Field Contracts From Petroamazonas
    Posted On Oct 09 ,2014 - 10:32-PM | by admin

    Halliburton (NYSE: HAL) announced it has signed long-term contracts with Petroamazonas, Ecuador’s state-run oil company, to provide field development and project management, as well as drilling and ...

    Swala identifies a prospect to be drilled
    Posted On Oct 09 ,2014 - 10:41-PM | by admin

    DRILL TARGET SELECTED IN BLOCK 12B, KENYA Swala Energy Limited ("Swala" or "the Company") is pleased to advise that the remaining parties on the Kenyan Block 12B licence, being Swala’s wholly owned...

    Lundin Petroleum spuds exploration well 33/2-1 in PL555
    Posted On Oct 09 ,2014 - 10:14-PM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 33/2-1 in PL555 has commenced. Th...

    LUKOIL BRINGS WEST SIBERIAN FIELD INTO OPERATION
    Posted On Oct 09 ,2014 - 10:21-PM | by admin

    Arkady Dvorkovich, Deputy Chairman of the Russian Federation Government, and Vagit Alekperov, OAO LUKOIL President, participated in the official commissioning of Imilorskoye Field today. As part of...

    SacOil Provides Operations Update
    Posted On Oct 09 ,2014 - 10:00-AM | by admin

    SacOil, the South African based independent African oil and gas company listed on the JSE and AIM (JSE: SCL / AIM: SAC), is pleased to provide the following update on its on-going operational activiti...

    Paradigm Releases High Definition Enabled G&G Software Suite
    Posted On Oct 08 ,2014 - 10:58-PM | by admin

    Paradigm® announces the release of the latest extension of its Paradigm 14 solution suite. This version, Paradigm 14.1, enables broadband processing, High Definition (HD) imaging, quantitative inter...

    Application Deadline Nearing for the 4th Annual World Shale Awards
    Posted On Oct 08 ,2014 - 10:00-PM | by admin

    The CWC Group is pleased to announce it is still accepting nominations for its 4th Annual World Shale Awards, culminating in a congratulatory lavish ceremony and gala dinner. Providing an opportun...

    Oilex announce Cambay-77H - Flowback continues
    Posted On Oct 08 ,2014 - 10:04-PM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to provide an update in relation to flowback operations at Cambay-77H. As announced on 17 September 2014, the chemical treatment and well intervention was co...

    Eland Oil & Gas announce New CPR and Operational Update
    Posted On Oct 08 ,2014 - 10:57-PM | by admin

    Eland Oil & Gas plc (AIM: ELA), an oil & gas development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce the results of a new competent perso...

    Lekoil Limited: Statement re. Press Comment
    Posted On Oct 08 ,2014 - 10:18-PM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, notes the recent online media reports that it plans to issue $37.5 million of equity in ...

    Lekoil announce Half Year Results for six months ended 30 June 2014
    Posted On Oct 08 ,2014 - 10:30-AM | by admin

    Summary 3D seismic acquisition programme on OPL310 completed successfully, processing of the data is currently underway. Acquisition of a 40 per cent. participating and economic i...

    Neste Oil launches Neste Pro Diesel in Lithuania
    Posted On Oct 08 ,2014 - 10:04-AM | by admin

    Neste Oil's premium-quality Neste Pro Diesel containing NEXBTL renewable diesel is now available in Lithuania. It will be distributed through the company's local retail network and its 51 stations. Up...

    Shell starts oil production from Gumusut-Kakap deep-water platform in Malaysia
    Posted On Oct 08 ,2014 - 10:37-AM | by admin

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deep-water projects. The Gumusut-Kakap field is located in waters ...

    Ultra-deep water discovery in Espírito Santo Basin
    Posted On Oct 07 ,2014 - 10:24-PM | by admin

    Petrobras announces it has confirmed the extension of hydrocarbons accumulation in Espírito Santo Basin post-salt ultra-deep waters, through the drilling of the extension well 3-BRSA-1253D-ESS (ANP n...

    Forest Oil and Sabine Oil & Gas provide merger update
    Posted On Oct 07 ,2014 - 10:06-PM | by admin

    Forest Oil Corporation (NYSE:FST) (“Forest”) and Sabine Oil & Gas (“Sabine”) announced that the proposed business combination transaction between Forest and Sabine continues to progress. Fores...

    Circle Oil announce Operating Update on Sebou Permit, onshore Morocco
    Posted On Oct 07 ,2014 - 10:51-AM | by admin

    Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, announced the preliminary results of drilling of the well CGD-12 in th...

    Atkins acquires Houston Offshore Engineering, LLC (“HOE”)
    Posted On Oct 07 ,2014 - 10:35-AM | by admin

    WS Atkins plc (“Atkins” or “the Group”) announced the acquisition of Houston Offshore Engineering, LLC (“HOE”), a leading oil and gas offshore engineering business based in Houston, Texas,...

    Roc Oil commences drilling second Beibu well
    Posted On Oct 07 ,2014 - 10:49-AM | by admin

    Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX: ROC), advised today that drilling has commenced on the second of two exploration wells in Beibu Gulf Block 22/12. Th...

    Oil discovered offshore Senegal
    Posted On Oct 07 ,2014 - 10:44-AM | by admin

    Cairn together with its joint venture partners announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metres (m) water depth and approximately 100...

    Neste Oil to make major investments in Finland, integrate the operations of its Finnish refineries, and reduce personnel
    Posted On Oct 07 ,2014 - 10:38-AM | by admin

    Neste Oil is planning to initiate a major development program to rationalize its operations. Investments totaling approx. EUR 500 million are to be made in growth and optimizing production at the comp...

    Neste Oil to refocus its R&D aimed at increasing its use of renewable inputs
    Posted On Oct 07 ,2014 - 10:08-AM | by admin

    Neste Oil is to realign its long-term R&D and switch its emphasis from microbial oil research to other areas of technology for using forestry and agricultural waste. This type of waste will continue t...

    Schlumberger Releases 2014 Software Platforms
    Posted On Oct 07 ,2014 - 10:35-AM | by admin

    Schlumberger has announced the release of the 2014 versions of its industry leading software platforms. The Petrel* E&P software platform, Techlog* wellbore software platform, Studio* E&P knowledge en...

    Anadarko Schedules Third-Quarter 2014 Earnings Conference Call for Oct. 29
    Posted On Oct 06 ,2014 - 10:07-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) will host a conference call on Wednesday, Oct. 29, 2014, at 8 a.m. CDT (9 a.m. EDT) to discuss its third-quarter 2014 financial and operating results. Earnin...

    Offer for Petroceltic International plc
    Posted On Oct 06 ,2014 - 10:54-PM | by admin

    Following recent press speculation, the Board of Petroceltic announces that it is in detailed discussions regarding a possible offer to be made by Dragon Oil plc ("Dragon Oil") for the issued, and to ...

    Neste Jacobs to implement Neste Oil's investment in biopropane production in the Netherlands
    Posted On Oct 06 ,2014 - 10:40-PM | by admin

    Technology, engineering and project management company Neste Jacobs has been chosen as the EPCM contractor to design and implement the new biopropane production process at Neste Oil's Rotterdam refine...

    Eni continues its share buyback programme
    Posted On Oct 06 ,2014 - 10:43-PM | by admin

    As of today Eni owns no. 27.600.197 treasury shares, equal to 0,76 % of its share capital.Eni subsidiaries do not own any shares in the Company. San Donato Milanese (Milan), 6 October 2014 – Eni...

    Chevron Announces Sale and Joint Venture Partnership for Duvernay Shale Assets in Canada With KUFPEC
    Posted On Oct 06 ,2014 - 10:21-PM | by admin

    Chevron Corporation (NYSE:CVX) today announced that its indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached agreement to sell a 30 percent interest in its Duvernay shale play to Kuw...

    Eni presents the thirteenth edition of the World Oil and Gas Review
    Posted On Oct 06 ,2014 - 10:55-PM | by admin

    Eni presents the thirteenth edition of the World Oil and Gas Review, the statistical review of Global Oil & Gas Market and Refinery Industry with a particular focus on crudes quality. In the year ...

    Egyptian government pays $350 million to BG Group
    Posted On Oct 06 ,2014 - 10:49-AM | by admin

    Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc (LSE: BG.L), a world leader in exploration and LNG, has received a $350 million pa...

    Chevron's Executive Vice President, Policy and Planning Retires
    Posted On Oct 03 ,2014 - 10:47-PM | by admin

    Chevron Corporation (NYSE:CVX) announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effec...

    ExxonMobil Donates $18 Million to World-Renowned Houston Health Institutions
    Posted On Oct 02 ,2014 - 10:08-PM | by admin

    ExxonMobil today announced $18 million in grants to Houston health care facilities to support cancer prevention and cardiovascular research, expand pediatric care for children with autism and enhance ...

    Afren Resuming field operations at Barda Rash
    Posted On Oct 02 ,2014 - 10:08-AM | by admin

    Afren plc ("Afren" or the "Company") announces that, following an improvement in the security situation in the border region of the Kurdistan Region of Iraq, the Company has begun the process of retur...

    Leni Gas & Oil announce Trinidad Drilling Update
    Posted On Oct 02 ,2014 - 10:14-AM | by admin

    LGO announced that it has now spudded the sixth well, GY-669, in its 30 well re-development of the Goudron Field in Trinidad. Four wells will be drilled and completed from this drilling pad and resul...

    Ophir announce Kamba gas discovery and Tanzania operations update
    Posted On Oct 02 ,2014 - 10:06-AM | by admin

    Ophir Energy plc ("Ophir" or "the Company") announced the Kamba-1 discovery and an update on its drilling programme in Tanzania. Block 4: Kamba-1(& 1ST) gas discoveries The Kamba...

    Joint seismic acquisition project in the south-eastern Barents Sea
    Posted On Oct 02 ,2014 - 10:07-AM | by admin

    Statoil and its partners have completed their joint seismic acquisition project in the south-eastern Barents Sea. New forms of cooperation have ensured resource-efficient acquisition. “We are ple...

    Risk Management Practices for Unconventional Resources Development
    Posted On Oct 01 ,2014 - 10:54-AM | by admin

    ExxonMobil today released a report that outlines for shareholders how the company assesses and manages risks associated with developing unconventional resources, including through hydraulic fracturing...

    Paradigm announce release of Sysdrill 10
    Posted On Oct 01 ,2014 - 10:10-AM | by admin

    Paradigm announced the release of Paradigm® Sysdrill® 10, the latest version of our integrated suite of well planning and drilling engineering applications. Sysdrill 10 is integrated with Peloton’...

    Dragon Oil plc Announce Award of Exploration Blocks in Algeria
    Posted On Sep 30 ,2014 - 09:06-PM | by admin

    Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, is pleased to announce today that Dragon Oil in partnership with ENEL Trade S.p.A. ("Enel") ...

    Framework agreement between Repsol and the Paideia Galiza Foundation
    Posted On Sep 30 ,2014 - 09:56-PM | by admin

    The Chairman of Repsol and its Foundation, Antonio Brufau and the President of the Paideia Galiza Foundation, Sandra Ortega, have signed a framework agreement to intensify their work together and to o...

    INEOS Plans £2.5 billion shale gas giveaway
    Posted On Sep 30 ,2014 - 09:10-PM | by admin

    INEOS, one of the world’s largest chemicals company, has announced plans to give 6% of its Shale gas revenues to homeowners, landowners & communities who live above its Shale gas operations. INEO...

    San Leon Announce Interim Results for the six months ended 30 June 2014
    Posted On Sep 30 ,2014 - 09:11-PM | by admin

    San Leon Energy Plc, the AIM listed company focused on oil and gas exploration in Europe and North Africa today announces its interim results for the six months ended 30 June 2014. HIGHLIGH...

    CGG Signs Exclusive Agreement with Gabonese Ministry for Vast Offshore Multi-Client Program
    Posted On Sep 30 ,2014 - 09:43-PM | by admin

    CGG announced today that it has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. As a result of this agreement, CGG is ...

    Seadrill and Heirs Holdings Launch New Deep Water Drill for Total
    Posted On Sep 30 ,2014 - 09:39-PM | by admin

    On Friday, Tony O. Elumelu, Chairman of Heirs Holdings, an African investment company, commissioned the sail away of Seadrill Nigeria Limited’s sixth-generation drill ship, the West Jupiter. This in...

    Statoil and Shell get New acreage in Algeria
    Posted On Sep 30 ,2014 - 09:28-AM | by admin

    Statoil and Shell were today awarded the Timissit Permit Licence in the Illizi-Ghadames Basin onshore Algeria. The licence is located in southeastern Algeria and covers an area of 2730 square kilom...

    CME Group Expands International Leadership
    Posted On Sep 30 ,2014 - 09:23-AM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced the expansion of several leadership positions in its international business: • William Knottenbelt...

    SacOil sheds "speculative stock" label for an "Outperform" profile - FirstEnergy Capital
    Posted On Sep 30 ,2014 - 09:29-AM | by admin

    FirstEnergy Capital has released a Company Update on SacOil Holdings, detailing their analysis of the company's financial data and the expected impact of recent developments on SacOil's risk-profile. ...

    Goodrich Announces Tuscaloosa Marine Shale ("TMS") Operational Update
    Posted On Sep 29 ,2014 - 09:07-PM | by admin

    Goodrich Petroleum Corporation (NYSE: GDP) today announced a Tuscaloosa Marine Shale ("TMS") operational update. The Company's Bates 25-24H-1 (98% WI) well in Amite County, Mississippi, which was...

    Roc Discovers Oil, in WZ12-10-1 Well, Offshore China
    Posted On Sep 29 ,2014 - 09:47-PM | by admin

    Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX: ROC), advised drilling was completed on the first of two exploration wells in the Beibu Gulf Block 22/12. The WZ12-1...

    Brownstone Announces Expiration of the Gabriella License, Offshore Israel
    Posted On Sep 29 ,2014 - 09:43-PM | by admin

    Brownstone Energy Inc. (TSX VENTURE:BWN)(OTCQX:BWSOF) (the "Company" or "Brownstone") announces that it has been informed by its joint venture partners on the Gabriella License that the Petroleum Comm...

    New Hydrocarbon Field Discovered in the Kara Sea
    Posted On Sep 29 ,2014 - 09:52-PM | by admin

    Rosneft successfully completed the drilling of the northernmost well in the world – the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discov...

    Dana Gas Successfully Bids for Two New Nile Delta Concessions
    Posted On Sep 29 ,2014 - 09:55-PM | by admin

    Dana Gas awarded Blocks 1 and 3 in the onshore Nile Delta area  Block 1 represents an extension of Dana Gas' existing successful conventional gas business  BP will operate Block 3 as 50/50 pa...

    CAMAC Energy Announces Fivefold Increase in Recoverable Prospective Resources Offshore Nigeria
    Posted On Sep 29 ,2014 - 09:41-PM | by admin

    CAMAC Energy Inc. ("CAMAC Energy" or the "Company") (NYSE MKT: CAK) announced today that an updated independent assessment of the Company's prospective resources for four offshore Nigeria prospects lo...

    Aker Solutions Starts Trading on Oslo Exchange After Company Split
    Posted On Sep 29 ,2014 - 09:57-AM | by admin

    Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges...

    "Skandi Santos" awarded five-year contract extension from Petrobras
    Posted On Sep 29 ,2014 - 09:10-AM | by admin

    AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil. The extension, wort...

    AKASTOR ASA: First Day of Trading Exclusive of Rights to Consideration Shares in Aker Solutions Holding ASA ("New Aker Solutions")
    Posted On Sep 29 ,2014 - 09:26-AM | by admin

    The shares of Akastor ASA are from and including today, September 29, 2014, trading exclusive of rights to consideration shares in New Aker Solutions. Following the completion of the demerger of t...

    Union Jack Oil announce Unaudited Results for the Half Year Ended 30 June 2014
    Posted On Sep 29 ,2014 - 09:01-AM | by admin

    Union Jack Oil plc (“Union Jack” or “the Company”), an on-shore oil and gas exploration company with a focus on drilling and development opportunities in the United Kingdom hydrocarbon sector ...

    Registration of Aker Solutions Demerger
    Posted On Sep 27 ,2014 - 09:44-PM | by admin

    The consummation of the demerger of Aker Solutions ASA (the existing Aker Solutions) was registered with the Norwegian Registry of Business Enterprises after the close of trading on the Oslo Stock Exc...

    Why the U.S. can (and must) shake up the oil industry
    Posted On Sep 27 ,2014 - 09:41-PM | by admin

    Five years ago, natural gas prices in North America were so high many chemical manufacturers left their U.S. operations to move their bases overseas. However, with a new focus on American oil and oil ...

    New Chapter in the Lacq Gas Basin Reconversion
    Posted On Sep 27 ,2014 - 09:09-PM | by admin

    With the inauguration of the Toray plant on September 26, the former Lacq gas basin has become a major center for carbon fiber production. The Japanese manufacturer will use the facility to produce po...

    Independent Oil and Gas plc signs MOU with Ping Petroleum
    Posted On Sep 26 ,2014 - 09:35-AM | by admin

    Independent Oil and Gas plc ("IOG"), (AIM:IOG.L), the North Sea focused Oil and Gas Company, announced that it has signed a Memorandum of Understanding with Ping Petroleum (Bermuda) Limited ("Ping") t...

    San Leon spuds first well in three-well planned programme
    Posted On Sep 26 ,2014 - 09:55-AM | by admin

    San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it is spudding the Kety exploration well today, which is the first well of a three...

    Leni's Record Oil Production and Well Update
    Posted On Sep 26 ,2014 - 09:09-AM | by admin

    Leni Gas & Oil PLC (LGO) announced that the Group's oil production yesterday was 1,080 barrels of oil per day ("bopd") with further increases expected in due course as new wells are drilled, complete...

    Gas discovery in Pingvin
    Posted On Sep 26 ,2014 - 09:05-AM | by admin

    Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of J...

    Aker Solutions ASA Shares Trade for Last Day
    Posted On Sep 26 ,2014 - 09:54-AM | by admin

    Inclusive of Rights to Consideration Shares in Aker Solutions Holding ASA (to be renamed Aker Solutions) Shares in Aker Solutions ASA will trade on Friday for the last time inclusive of rights to co...

    Nigeria Sovereign Investment Authority & Seven Energy announce signing $100,000,000 Investment Commitment
    Posted On Sep 25 ,2014 - 09:57-PM | by admin

    Seven Energy International Limited (“Seven Energy”), the indigenous integrated oil and gas development, production and gas distribution company with interests in Nigeria, and the Nigeria Sovereign...

    Oando announces H1 2014 Results, Posts N8.9bn Profit-After-Tax
    Posted On Sep 25 ,2014 - 09:38-PM | by admin

    Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results fo...

    Oando PLC Announces FYE 2013 Results, Posts N1.4bn Profit-After-Tax
    Posted On Sep 25 ,2014 - 09:36-PM | by admin

    Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for ...

    Brent crude drops below $97
    Posted On Sep 25 ,2014 - 09:45-PM | by admin

    The price of Brent crude declined below $97 a barrel today due to excess supply and a strong US dollar, which outweighed concerns over growing political tensions in the Middle East. Weak demand, pl...

    Azonto announce Update on Accra Block, offshore Ghana
    Posted On Sep 25 ,2014 - 09:33-PM | by admin

    Azonto Petroleum Limited is pleased to announce an update on its Joint Venture on the Accra Block (the "Block") in offshore Ghana. On 26 March, 2014, Azonto announced that its subsidiary, Azonto Pe...

    Reinforced elastomeric corrosion barrier ring (CBR) for oilfield tubular internal lining systems
    Posted On Sep 25 ,2014 - 09:42-AM | by admin

    Understanding of reinforced elastomeric corrosion barrier ring (CBR) for oilfield tubular internal lining systems is necessary to reduce risk of failure. Fiberglass liners in downhole tubing have ...

    CME Group Named 'Exchange of the Year Asia' by Energy Risk
    Posted On Sep 25 ,2014 - 09:16-AM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced the company was named 'Exchange of the Year Asia' at the 7th Energy Risk Awards Asia 2014. The awards ceremon...

    Total Energy Ventures Invests in NexSteppe
    Posted On Sep 25 ,2014 - 09:30-AM | by admin

    Total Energy Ventures, the venture capital arm of French energy company Total, is investing in NexSteppe, a startup that specializes in tailoring sorghum seeds for biopower, biofuel and biobased produ...

    Successful Shale Gas Tapping by U.S triggers ONGC to Explore the Global Shale Gas Market
    Posted On Sep 25 ,2014 - 09:02-AM | by admin

    Oil & Natural Gas Corporation today said it has prioritized exploitation and exploration of unconventional energy . It said the accomplishment of US in shale gas has set off an overall push for tappin...

    Hess Corporation Recognized by CDP as S&P 500 Leader for Climate Change Transparency
    Posted On Sep 25 ,2014 - 09:55-AM | by admin

    Hess Corporation (NYSE:HES) has been recognized by CDP, an environmental not-for-profit organization, as a leader among S&P 500 companies for the depth and quality of climate change data it discloses ...

    Oslo Stock Exchange Approves Listing of Aker Solutions Holding ASA (to be renamed Aker Solutions ASA)
    Posted On Sep 25 ,2014 - 09:21-AM | by admin

    The board of directors of the Oslo Stock Exchange has approved the listing of shares in Aker Solutions Holding ASA, to be renamed Aker Solutions ASA on completion of the demerger of Aker Solutions, an...

    All Eyes on Kenya, The Next Big Oil Exporter
    Posted On Sep 25 ,2014 - 09:46-AM | by admin

    Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has...

    Eni has been awarded 3 new exploration licenses in Egypt
    Posted On Sep 25 ,2014 - 09:18-AM | by admin

    Eni was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded soon, after the ratificati...

    ExxonMobil Announces New Projects to Expand Specialty Hydrocarbon Fluid Production
    Posted On Sep 25 ,2014 - 09:58-AM | by admin

    ExxonMobil Chemical is increasing production of its high performance hydrocarbon fluids by about 10 percent through expansion projects at its Singapore and Antwerp facilities. The additional capacity,...

    Duoline® Technologies and Petrosmith announce new partnership
    Posted On Sep 23 ,2014 - 09:21-PM | by admin

    Duoline® Technologies and Petrosmith announce that they have formed a new partnership to serve the oil and gas marketplace with Duoline® internal lining systems, proven to protect oilfield tubulars ...

    Faroe Petroleum Announce Sale of Glenlivet Field Interest
    Posted On Sep 23 ,2014 - 09:19-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the sale of its ten percen...

    Impact of Ukrainian Emergency Legislation on JKX Investment Programme
    Posted On Sep 23 ,2014 - 09:43-PM | by admin

    The Board of JKX has assessed the consequences of the emergency legislation passed by the Ukrainian Government in early August and the actions required to mitigate its effect on the Company's operatio...

    Faroe Petroleum Release Unaudited Interim Results for the six months ended 30 June 2014
    Posted On Sep 23 ,2014 - 09:09-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and the Atlantic Margin, announces its unaudited Inte...

    Lekoil Limited Issues Competent Persons Report on Otakikpo Marginal Field
    Posted On Sep 23 ,2014 - 09:53-PM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, announces a significant upgrade to 2C oil reserves estimates for Lekoil Nigeria's 40 per...

    Islamic Republic of Pakistan Announces Launch of Secondary Offering of Shares in the form of Shares and GDSs in OGDCL
    Posted On Sep 23 ,2014 - 09:55-PM | by admin

    The Privatisation Commission of the Islamic Republic of Pakistan today announced that it expects to launch a secondary offering of ordinary shares ("Shares") and Global Depositary Shares ("GDSs" and t...

    Total Sells Its Midstream Utica Assets to a Group of Korean Companies
    Posted On Sep 23 ,2014 - 09:49-PM | by admin

    Total’s (Paris:FP) (LSE:TTA) (NYSE:TOT) affiliate, Total E&P USA, has signed an agreement to sell its 25% interest in Cardinal Gas Services LLC, a midstream company in Ohio’s Utica shale play, to ...

    Statoil steps up advocacy on carbon pricing and methane reduction efforts
    Posted On Sep 23 ,2014 - 09:40-AM | by admin

    Statoil CEO Helge Lund addresses the company's climate commitments today at the UN Secretary General’s Climate Summit in New York. “Fighting climate change is vital,” says Lund. “More t...

    Total presents outlook and objectives
    Posted On Sep 22 ,2014 - 09:35-AM | by admin

    Christophe de Margerie, Chairman & CEO of Total, is presenting to the financial community today the outlook and objectives of Total for the coming years. This event is being broadcast...

    Statoil states Kvitebjørn platform field’s lifespan will be extended 8 years due to new compressor
    Posted On Sep 22 ,2014 - 09:06-AM | by admin

    The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent and extend the field’s lifetime wi...

    Dresser-Rand Signs Agreement To Sell To Siemens For Approximately $7.6 Billion
    Posted On Sep 22 ,2014 - 09:51-AM | by admin

    Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC), a global supplier of rotating equipment and aftermarket parts and services, today announced that it has entered into a definitive...

    ExxonMobil Statement on Treasury Department Sanctions on Russia
    Posted On Sep 21 ,2014 - 09:10-AM | by admin

    ExxonMobil is complying with all U.S. sanctions. The U.S. Treasury Department, recognizing the complexity of the University-1 well and the sensitive Kara Sea arctic environment, has granted a license...

    Maersk Drilling divests Venezuelan drilling barge activities
    Posted On Sep 19 ,2014 - 09:37-PM | by admin

    Maersk Drilling announces the divestment of its drilling barge activities in Venezuela to Barrystar Holding S.A., an investment company based in Panama. The activities, registered in the company Marit...

    Dragon announce Oil Discovery at Block 9, Iraq
    Posted On Sep 19 ,2014 - 09:37-AM | by admin

    Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest),...

    Nigerian National Petroleum Corporation boss pledges harmonious partnership with in-house Unions
    Posted On Sep 19 ,2014 - 09:28-AM | by admin

    The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Joseph Thlama Dawha, has pledged his readiness to work harmoniously with the two in-house Unions for the benefit ...

    Caza Oil announce result on the initial Broadcaster well
    Posted On Sep 19 ,2014 - 09:02-AM | by admin

    Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ) (AIM: CAZA) is pleased to announce an excellent result on the initial Broadcaster well and provide a drilling update on wells at Lennox and Ma...

    Egdon give Timing Update - Burton on the Wolds-1 exploration well (PEDL201)
    Posted On Sep 19 ,2014 - 09:51-AM | by admin

    Egdon Resources plc (AIM:EDR) is pleased to provide an update on the expected timing of the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 located in Leicestershire....

    Petroceltic announce New Egyptian Exploration Licence Award
    Posted On Sep 19 ,2014 - 09:07-AM | by admin

    Petroceltic International plc ("Petroceltic" or the "Company"), the independent oil and gas exploration development and production company focused on the Middle East North Africa ("MENA"), the Mediter...

    Total receives offer from Arkema for its Bostik adhesives affiliate
    Posted On Sep 19 ,2014 - 09:47-AM | by admin

    Total has received an offer from the French group Arkema, one of the world’s major players in specialty chemicals, to acquire its Bostik affiliate, a global adhesives company. Arkema’s offer v...

    Scale Engineering launches new website
    Posted On Sep 19 ,2014 - 09:15-AM | by admin

    Scale Engineering pleased to announce the launch of its new website www.scaleengineering.in . The new website content has full engin...

    ExxonMobil Continues to Increase Wolfcamp Position in Permian Basin
    Posted On Sep 18 ,2014 - 09:41-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ: LINE) to add 17,800 net acres in the Permian Basin to its U.S. oil and nat...

    Canada’s Shale Boom: More To Come In Montney
    Posted On Sep 18 ,2014 - 09:19-PM | by admin

    In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real treasure...

    GE Oil & Gas Awarded Over $300 Million Subsea Equipment Contract from Petrobras
    Posted On Sep 18 ,2014 - 09:10-PM | by admin

    GE Oil & Gas (NYSE: GE) today announced a more than $300 million contract with Petrobras for the first supply of the subsea manifold systems for Brazil’s pre-salt fields, located offshore in water d...

    Key considerations for the UK Oil & Gas industry and Scottish Independence Referendum
    Posted On Sep 18 ,2014 - 09:49-PM | by admin

    Wood Mackenzie assesses the key issues for the UK North Sea oil and gas sector in the event of constitutional change in Scotland in light of the Scottish Independence referendum on Thursday 18th Sept...

    North American shale-focused companies' financial performance has improved
    Posted On Sep 18 ,2014 - 09:34-PM | by admin

    Independent upstream production companies focused on producing from shale formations or oil sands in North America were more profitable in the first six months of 2014 than in the prior two full years...

    3Legs Resources announce Operations and corporate update
    Posted On Sep 18 ,2014 - 09:20-PM | by admin

    3Legs Resources plc (‘3Legs’ or ‘the Company’), an independent oil and gas group focusing on the exploration and development of unconventional oil and gas resources in Poland, announces the fo...

    Continental Resources Announces Appointment of Jack Stark as President and Chief Operating Officer
    Posted On Sep 18 ,2014 - 09:02-PM | by admin

    Continental Resources, Inc. ("Continental" or the "Company") (NYSE: CLR) announced today that Jack Stark has been appointed President and Chief Operating Officer by the Company's Board of Directors. S...

    Eni reports significant oil discovery in Ecuador
    Posted On Sep 18 ,2014 - 09:22-AM | by admin

    Eni has made a significant oil discovery in Ecuador at the Oglan-2 exploration well located in Block 10, approximately 260 kilometers southeast of Quito. Early estimates suggest that the Oglan disc...

    Third High-Level Meeting of the OPEC-Russia Energy Dialogue
    Posted On Sep 18 ,2014 - 09:27-AM | by admin

    The third high-level meeting of the OPEC-Russia Energy Dialogue took place in Vienna today. The meeting was chaired by HE Abdalla Salem El-Badri, OPEC Secretary General, and HE Alexander Novak, Minist...

    Monthly Oil Market Report
    Posted On Sep 18 ,2014 - 09:44-AM | by admin

    The OPEC Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed anal...

    Union Jack Oil release Timing Update for- Burton on the Wolds-1 exploration well (PEDL201)
    Posted On Sep 18 ,2014 - 09:25-AM | by admin

    Union Jack Oil plc ("Union Jack" or "the Company"), an onshore oil and gas exploration company with a focus on drilling and development opportunities in the United Kingdom hydrocarbon sector, notes th...

    Eni’s Board Approve 2014 interim dividend: €0.56 per share
    Posted On Sep 17 ,2014 - 09:43-PM | by admin

    At the board meeting held today, Eni’s Board of Directors resolved to distribute to Shareholders an interim dividend for the fiscal year 2014 of €0.56 per each share(1)outstanding...

    Aqualis Offshore signs contract with Saudi Aramco
    Posted On Sep 17 ,2014 - 09:46-PM | by admin

    Aqualis Offshore, part of Aqualis ASA, has signed a rig moving services contract with Saudi Aramco, the world's largest energy company. The contract value is undisclosed. Under the deal, offshore m...

    Technip awarded contract for new refinery units in the Kingdom of Bahrain
    Posted On Sep 17 ,2014 - 09:22-PM | by admin

    Technip was awarded by The Bahrain Petroleum Company (BAPCO) a significant (1) contract on a reimbursable basis to develop the Front-End Engineering Design (FEED) of the refinery located in the Kingdo...

    Leni Gas & Oil plc announce update on Initial Flow Rate GY-665, Goudron Field
    Posted On Sep 17 ,2014 - 09:21-PM | by admin

    LGO is pleased to announce that well GY-665 at the Goudron Field in Trinidad has undergone a series of initial production tests from the Gros Morne Sandstones resulting in a calculated open-hole flow ...

    RWE Dea awarded two new concessions in Egypt
    Posted On Sep 17 ,2014 - 09:46-AM | by admin

    In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gu...

    Statoil to lay up the COSL Pioneer rig in the fourth quarter of 2014
    Posted On Sep 17 ,2014 - 09:09-AM | by admin

    The rig is currently carrying out an assignment on the Visund field and is scheduled to complete this work at the end of September. “After a careful review of our drilling plan, we find it necess...

    Eni reports new oil discovery offshore Angola
    Posted On Sep 17 ,2014 - 09:12-AM | by admin

    Eni made a new oil discovery in Block 15/06, in the Ochigufu exploration prospect, in deep water offshore Angola. Oghigufu is the 10th commercial oil discovery made in Block 15/06. The new discovery ...

    Tangiers give update on Ongoing Suspension of Securities
    Posted On Sep 17 ,2014 - 09:56-AM | by admin

    Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company") advises that the Company's securities continue to be suspended on both ASX and AIM pending the release of an announcement...

    Oilex announce Cambay-77H - Intervention Complete
    Posted On Sep 17 ,2014 - 09:47-AM | by admin

    Significant improvement in flowback rates for gas, oil and water · Approximately 75% of the original frac water recovered · No formation water recovered to date · Changing frac tree ...

    Falkland Oil and Gas Limited issue Interim Results for the six months ended 30 June 2014
    Posted On Sep 16 ,2014 - 09:29-AM | by admin

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the North, South and East of the Falkland Islands, announces its Interim Results for the six months ended 30 June 20...

    Neste Jacobs to Implement Borealis' Multi-million Steam Cracker Upgrade Investment in Sweden
    Posted On Sep 16 ,2014 - 09:54-AM | by admin

    Technology, engineering and project management company Neste Jacobs and Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, have signed a...

    Tethys Petroleum Provides Operations and Corporate Update
    Posted On Sep 16 ,2014 - 09:36-AM | by admin

    Tethys Petroleum Limited ("Tethys" or "the Company" (TSX:TPL) (LSE:TPL)) today provided an Operational and Corporate update. This Press Release is aimed at bringing stakeholders up to speed with cu...

    Ophir Energy plc makes new gas discovery
    Posted On Sep 16 ,2014 - 09:04-AM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) announces that the Silenus East-1 well in Block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East-1 well was drilled by ...

    Technip further optimizes its Subsea Assets
    Posted On Sep 15 ,2014 - 09:44-PM | by admin

    Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology and ultra-deep water products and service...

    Rose Petroleum announce Oil & Gas operations update and Technical Team appointments
    Posted On Sep 15 ,2014 - 09:47-PM | by admin

    Rose Petroleum (AIM: Rose), the AIM-listed natural resources company, is pleased to announce theprogress it is making with its initial phase of development in both the Paradox and Mancos project areas...

    Africa Oilfield Logistics announce Land Lease in Northern Kenya to Establish Logistics Hub
    Posted On Sep 15 ,2014 - 09:40-PM | by admin

    Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, is pleased to announce that Ardan Risk & Support Services ('Ardan'), the Company's primary invest...

    Eland Oil & Gas announce Directorate Changes
    Posted On Sep 15 ,2014 - 09:44-PM | by admin

    Eland Oil & Gas PLC (AIM: ELA), an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, today announces the resignation of Andrew Bartlett from his ...

    Union Jack Oil plc announce Board Changes
    Posted On Sep 15 ,2014 - 09:01-AM | by admin

    Union Jack, a hydrocarbon exploration company with a focus on drilling, development and investment opportunities in the United Kingdom onshore oil and gas sector, announces the following board changes...

    Aker Wayfarer Wins Five-Year Contract from Petrobras
    Posted On Sep 15 ,2014 - 09:51-AM | by admin

    Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker ...

    Approval of Prospectus for the Listing of the Shares of Aker Solutions Holding ASA (to be renamed Aker Solutions ASA)
    Posted On Sep 15 ,2014 - 09:53-AM | by admin

    The Norwegian Financial Supervisory Authority has informed Aker Solutions Holding ASA that it has approved the prospectus dated September 15, 2014, for the listing of the company's shares on the Oslo ...

    Statoil says its Realising value to further strengthen NCS portfolio
    Posted On Sep 12 ,2014 - 09:05-AM | by admin

    Statoil ASA (OSE: STL, NYSE: STO) farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through ...

    Neste Oil selected for two Dow Jones sustainability indices
    Posted On Sep 12 ,2014 - 09:05-AM | by admin

    Neste Oil has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World), which lists around 300 companies worldwide, for the eighth year in succession. It has also been incl...

    Statoil, GE and Ferus Natural Gas Fuels Expanding Flare Gas Solution in Bakken
    Posted On Sep 11 ,2014 - 09:42-PM | by admin

    A joint venture of GE (NYSE: GE) and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil, a leader in the oil and gas exploration and production industry, today announced the planned expansion of ...

    Freeport LNG Selects GE for Major North American LNG Export Project
    Posted On Sep 11 ,2014 - 09:39-PM | by admin

    GE Oil & Gas (NYSE: GE) announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in ...

    Solo announces Additional Update, Ruvuma Basin Resources
    Posted On Sep 11 ,2014 - 09:26-PM | by admin

    Solo today announces that it has been informed by the operator that the interpretation of the newly acquired seismic data has extended the potential of the Ntorya appraisal area, and has further upgra...

    Eni says, no illegal conduct on Opl 245 acquisition
    Posted On Sep 11 ,2014 - 09:44-AM | by admin

    In relation to the preliminary investigation launched by the Milan Prosecutor's office on the acquisition of the block OPL 245 in 2011, Eni continues to deny any illegal conduct. Eni highlights th...

    Wood Group PSN signs new Australian contract
    Posted On Sep 11 ,2014 - 09:07-AM | by admin

    Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group’s maintenance and brownfield project portfolio in Australia. The scope of work includes th...

    CME Group Appoints Managing Director And CEO for CME Europe Limited
    Posted On Sep 11 ,2014 - 09:18-AM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has appointed Cees Vermaas as Managing Director and CEO of CME Europe Limited, its London-based derivat...

    Technip awarded subsea contract for the Kodiak project in the Gulf of Mexico
    Posted On Sep 11 ,2014 - 09:35-AM | by admin

    Technip was awarded by Deep Gulf Energy II LLC a lump sum contract for the development of the Kodiak field, located in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico, at water depths ran...

    Dana Gas Secures US$ 100 Million Project Financing for UAE Offshore Gas Field (Zora Project)
    Posted On Sep 11 ,2014 - 09:56-AM | by admin

    Dana Gas, the Middle East’s leading regional private sector natural gas Company, is pleased to announce that it has secured, through its wholly owned subsidiary Dana Gas Explorations FZE, a US$ 100 ...

    Baron Oil Plc issues Unaudited Interim Financials for the period 1 January 2014 to 30 June 2014
    Posted On Sep 10 ,2014 - 09:33-PM | by admin

    Baron Oil Plc, the AIM-listed oil and gas exploration and production company primarily focused on opportunities in Latin America, announces its unaudited interim financial information and results for ...

    SacOil announce Acquisition of a 100% interest in the Lagia oil field
    Posted On Sep 10 ,2014 - 09:52-AM | by admin

    SacOil, the African independent upstream oil and gas company, is pleased to announce that it has entered into a sale and purchase agreement dated 9 September 2014 (the "Agreement") to acquire a Cyprus...

    Block 9, Iraq: Exploration Well Update by Dragon Oil plc
    Posted On Sep 10 ,2014 - 09:58-AM | by admin

    Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest),...

    Neste Oil to invest in producing biopropane in Rotterdam
    Posted On Sep 10 ,2014 - 09:06-AM | by admin

    Neste Oil is to build a biopropane unit at its refinery in Rotterdam. In addition to the unit itself, the investment will include storage tanks and pipework. The project will start immediately and...

    Fram H-North and Svalin C production begins
    Posted On Sep 10 ,2014 - 09:53-AM | by admin

    Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardised subsea development solutions and utilisation of ...

    Genel Energy announce Return to normal staffing levels in Kurdistan Region of Iraq
    Posted On Sep 09 ,2014 - 09:29-AM | by admin

    Genel Energy (‘Genel’ or ‘the Company’) announces that, following a significant improvement in the security situation in the border region of the Kurdistan Region of Iraq (‘KRI’), the Comp...

    Royal Dutch Shell plc second quarter 2014 Euro and GBP equivalent dividend payments
    Posted On Sep 09 ,2014 - 09:59-AM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2014 interim dividend, which was announced on ...

    Technip awarded a substantial EPIC contract for the Juniper field offshore Trinidad
    Posted On Sep 09 ,2014 - 09:25-AM | by admin

    Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad. T...

    Petrobras announce Clarification on News Stories
    Posted On Sep 09 ,2014 - 09:04-AM | by admin

    Petrobras announces that since Friday, 09/05, media outlets have been publishing materials containing Petrobras’s name based on non-official information obtained from Mr. Paulo Roberto Costa’s al...

    Alaska LNG Project Marks Milestone with Submission of FERC Pre-Filing Request
    Posted On Sep 08 ,2014 - 09:27-PM | by admin

    The Alaska LNG Project has marked a major milestone with the recent submission of a formal request to the Federal Energy Regulatory Commission (FERC) to start the pre-file process for the major natura...

    Neste Oil's Shareholders' Nomination Board appointed
    Posted On Sep 08 ,2014 - 09:53-PM | by admin

    The following members have been appointed to Neste Oil's Shareholders' Nomination Board: Eero Heliövaara, Director General of the Prime Minister's Office's Ownership Steering Department (Chai...

    Paradigm Delivers Advanced Engineering for Everyone with the Release of Sysdrill 10
    Posted On Sep 08 ,2014 - 09:36-PM | by admin

    Paradigm® (www.pdgm.com) today announced the release of Sysdrill® 10, the latest version of its integrated suite of well planning and drilling engineering applications. This major upgrade is integra...

    Getech Group awarded new contract in Angola
    Posted On Sep 08 ,2014 - 09:56-PM | by admin

    Getech (AIM; GTC), the geoscience business specialising in the provision of data, studies and services to the oil, gas and mining exploration sectors, announces its largest ever single new contract, w...

    San Leon Energy provides Morocco Update
    Posted On Sep 08 ,2014 - 09:31-PM | by admin

    San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa is pleased to provide an update on its Morocco acreage. San Leon has acquired the following workin...

    Kea Petroleum gives Operational Update
    Posted On Sep 08 ,2014 - 09:25-PM | by admin

    Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, announced an update on exploration of the Company's licences in Taranaki. Directors are pleased to advise that explora...

    Shell announces second major 2014 start up in deep-water Gulf of Mexico with Cardamom development first oil
    Posted On Sep 08 ,2014 - 09:22-PM | by admin

    Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the U.S. Gulf of Mexico this year, following the start-up of Mars B in Februa...

    Gulfsands Petroleum provide Tunisia Update
    Posted On Sep 05 ,2014 - 09:13-PM | by admin

    Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and...

    Aker Solutions and Baker Hughes Receive Regulatory Approvals for Subsea Production Alliance
    Posted On Sep 05 ,2014 - 09:51-AM | by admin

    Aker Solutions and Baker Hughes have received the necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. Earlier this year, Aker Solutions and Baker Hughes agree...

    Tullow agrees gas assets sale in Netherlands Blocks L&Q
    Posted On Sep 05 ,2014 - 09:46-AM | by admin

    Tullow Oil plc (“Tullow” or “the Group”) announces that its subsidiary Tullow Exploration & Production B.V., has entered into an agreement to sell its operated and non-operated L12/L15 block i...

    BP Issues Statement on Gulf of Mexico
    Posted On Sep 05 ,2014 - 09:16-AM | by admin

    BP strongly disagrees with the decision issued by the United States District Court for the Eastern District of Louisiana and will immediately appeal to the United States Court of Appeals for the Fifth...

    Oryx Petroleum Resumes Operations in the Kurdistan Region of Iraq
    Posted On Sep 04 ,2014 - 09:07-AM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Group”) today announces an update for its operations in the Hawler license area of the Kurdistan Region of Iraq (“Kurdistan Regio...

    Statoil announces Exploration update
    Posted On Sep 04 ,2014 - 09:38-AM | by admin

    Statoil has completed the Martin well in US Gulf of Mexico and the Dilolo well in the Kwanza basin in Angola. US Gulf of Mexico Statoil announces a small discovery in its Martin...

    Technip awarded contract by Air Products for a new industrial gas complex in Kochi, India
    Posted On Sep 04 ,2014 - 09:09-AM | by admin

    Technip was awarded by Air Products a contract to provide project management, as well as engineering, procurement and construction management (EPCM) services for a new industrial gas complex for Bhara...

    Petrobras submits Declaration of Commerciality of Transfer of Rights areas to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP)
    Posted On Sep 04 ,2014 - 09:12-AM | by admin

    Petrobras announces that today it submitted the declaration of commerciality for the oil and gas accumulations of Sul de Guará, Nordeste de Tupi e Florim to Brazil’s National Petroleum, Natural Gas...

    ExxonMobil Announces Slagen Refinery Project to Upgrade Fuel Oil
    Posted On Sep 04 ,2014 - 09:26-AM | by admin

    ExxonMobil affiliate Esso Norge AS announced today plans to install a new processing unit at the Slagen refinery to enable production of high quality vacuum gas oil, a higher-yield feedstock used to c...

    George Soros Signals Argentina’s Shale is Biggest Place to Be
    Posted On Sep 04 ,2014 - 09:47-AM | by admin

    One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize ...

    Noble Energy Announces Letter of Intent to Sell Leviathan Natural Gas to the National Electric Power Company of Jordan
    Posted On Sep 03 ,2014 - 09:59-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced the execution of a non-binding Letter of Intent (LOI) to supply natural gas from the Leviathan field, offshore Israel, to the National Electric Power Com...

    Gazprom and Chinese leaders address construction of Power of Siberia project
    Posted On Sep 03 ,2014 - 09:09-AM | by admin

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Zhang Gaoli, First Vice Premier of China's State Council. The parties addre...

    Shell announces Utica gas discovery in Pennsylvania
    Posted On Sep 03 ,2014 - 09:44-AM | by admin

    Shell today announced new discovery wells (Neal and Gee) within the Utica formation in Tioga County, Pennsylvania, USA. These wells were drilled to a total measured depth of approximately 4,420 and 4,...

    30 places available globally for the Downstream leaders of tomorrow
    Posted On Sep 02 ,2014 - 09:47-PM | by admin

    BP Starts Recruitment Campaign to Attract Future Leaders BP started its 2015 Future Leaders Programme (FLP), a recruitment campaign which aims to fast-track early career recruits to be the business...

    DNV GL and Statoil to drive subsea factory interface standardisation
    Posted On Sep 02 ,2014 - 09:33-AM | by admin

    Statoil has entered into an agreement with DNV GL to establish an industrial cooperation to introduce an international industry standard for subsea process technology. DNV GL will lead a joint indu...

    Aker Solutions Updates Key Financial Information for the New Aker Solutions and Akastor
    Posted On Sep 02 ,2014 - 09:07-AM | by admin

    Aker Solutions is providing updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split of the business at the end of S...

    Union Jack Oil announce Preliminary Results of the Wressle-1 Exploration Well
    Posted On Sep 02 ,2014 - 09:20-AM | by admin

    Union Jack Oil plc (“Union Jack” or “the Company”), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocar...

    Lundin Petroleum spuds exploration well 33/12-10 S in PL631 on the Vollgrav South prospect in the northern North Sea
    Posted On Sep 01 ,2014 - 09:18-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 33/12-10 S in PL631 has commenced...

    Eni announces successful results of unconventional oil exploration in West Texas
    Posted On Sep 01 ,2014 - 09:20-AM | by admin

    Eni announces the successful initial results of its first horizontal well (Stallings 1H) under the agreement with Quicksilver Resources, aiming at jointly evaluating, exploring and developing unconve...

    African Petroleum issues Operational Update
    Posted On Sep 01 ,2014 - 09:04-AM | by admin

    African Petroleum Corporation is pleased to provide an operational update on its West African exploration portfolio. Farm-out Update As previously announced African Petroleum Corpor...

    Samsung Heavy Industries announces merger with Samsung Engineering
    Posted On Sep 01 ,2014 - 09:01-AM | by admin

    Samsung Heavy Industries has officially announced that it will merge with Samsung Engineering Co., Ltd, the first and largest engineering company in Korea. The merger between Samsung Heavy Industr...

    Ordinary operations resuming at In Amenas
    Posted On Sep 01 ,2014 - 09:53-AM | by admin

    Nearly 18 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. The corporate executive committee has decided that ordinary...

    Oil samples recovered in FAN-1 exploration well offshore Senegal
    Posted On Aug 29 ,2014 - 08:31-PM | by admin

    Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal by FAR Ltd (ASX:FAR) and its joint venture partners Cairn Energy PLC (Operator), ConocoPhillips and Petrose...

    Chariot Oil & Gas announce Update on Namibian Portfolio
    Posted On Aug 29 ,2014 - 08:30-PM | by admin

    Highlights: o New licence granted for Blocks 2312 and 2412A (the Central Blocks) o New licence granted for Southern Block 2714A o Licences renewed to secure further optiona...

    African Petroleum issues Interim Financial Report – Second Quarter 2014
    Posted On Aug 29 ,2014 - 08:05-AM | by admin

    Highlights • In February 2014, the Company announced the appointment of new CEO, Dr Stuart Lake • Revised Company strategy and repositioned focus, establishing a near, future and long term pla...

    Neste Oil expects to complete repairs on the damaged hydrogen unit at Porvoo by the end of October;
    Posted On Aug 29 ,2014 - 08:15-AM | by admin

    Neste Oil expects that repair work on the damaged hydrogen production unit at its Porvoo refinery will take until the end of October to be completed. The damage to the unit, one of two at the site, ha...

    Shell Keen to Put Troubled Nigerian Assets Behind It
    Posted On Aug 29 ,2014 - 08:16-AM | by admin

    Royal Dutch Shell is on the verge of unloading a major portion of its assets in Nigeria. The oil major is zeroing in on a deal to sell four oil fields and a key pipeline, a sale that could net over $...

    New Technology Could End The Debate Over Pipeline Safety
    Posted On Aug 29 ,2014 - 08:14-AM | by admin

    Who could have ever imagined that North America would surpass Saudi Arabia as the world’s largest producer of oil and natural gas liquids? A decade ago, that would have seemed laughable. Yet that...

    RWE Dea helps English Juniors Football Club with new Clubhouse
    Posted On Aug 28 ,2014 - 08:03-PM | by admin

    Yesterday, a new club house for the Cleveland Juniors Football Club in Middlesbrough in northern England was officially opened. With support from RWE Dea, the Football Foundation and other sponsors, L...

    Noble Energy Announces Successful Drilling Results In The Gulf Of Mexico
    Posted On Aug 28 ,2014 - 08:14-PM | by admin

    Additional pay discovered at Katmai and resources increased at Dantzler Noble Energy, Inc. (NYSE: NBL) today announced final well results at the Katmai exploration well and the Dantzler appraisal w...

    Tullow Oil gives exploration and appraisal update in Kenya
    Posted On Aug 28 ,2014 - 08:57-AM | by admin

    Tullow Oil plc (“Tullow”) announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. Etom-1 explorat...

    Uncertainty clouds outlook for LNG’s future role in Europe
    Posted On Aug 28 ,2014 - 08:59-AM | by admin

    Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG. Today, there is considerable uncertainty over the future role of LNG in Europe’s gas suppl...

    GE Invests $5Million in Norway Technology Solutions Center to Fuel the Future of the Oil and Gas Industry
    Posted On Aug 27 ,2014 - 08:47-PM | by admin

    GE Oil & Gas (NYSE: GE) formally unveiled its new Technology Solutions Center (TSC) in Stavanger, Norway. The result of a $5m investment, the center offers a stunning visual showcase of GE’s technol...

    PetroFrontier Corp. Provides Operational Update
    Posted On Aug 27 ,2014 - 08:36-PM | by admin

    PetroFrontier Corp. (“PetroFrontier”) announces that Statoil Australia Theta B.V. (“Statoil”), PetroFrontier’s joint venture partner and the operator of the 2014 work program and budget has ...

    Political Acceptance of Shale Gas as a Fuel Will Affect the Sensors Market for the Industry
    Posted On Aug 27 ,2014 - 08:23-PM | by admin

    The shale gas industry holds great promise for sensors, but it is heavily dependent on government acceptance due to the numerous environmental concerns (earthquakes, pollution) associated with frackin...

    Eni announces successful results of unconventional oil exploration in West Texas
    Posted On Aug 27 ,2014 - 08:04-PM | by admin

    Eni announces the successful initial results of its first horizontal well (Stallings 1H) under the agreement with Quicksilver Resources, aiming at jointly evaluating, exploring and developing unconve...

    Schlumberger Introduces Petrel Shale for Unconventional Resources
    Posted On Aug 27 ,2014 - 08:11-PM | by admin

    Schlumberger announced today the release of Petrel Shale, a customized user interface and toolset engineered for exploiting shale resources. Scalable and straightforward to deploy, Petrel Shale is des...

    Caza Oil & Gas, Inc. announce results at Gramma Ridge
    Posted On Aug 27 ,2014 - 08:36-PM | by admin

    Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ) (AIM: CAZA) is pleased to announce another good result at Gramma Ridge and provide a drilling update at Lennox. Both properties are operated ...

    Jacka Reports Initial Oil Reserves for AJE Field Development, Offshore Nigeria
    Posted On Aug 27 ,2014 - 08:11-AM | by admin

    Key Highlights:  Independent report confirms 23.4 million barrels of gross 2P oil reserves for the Phase 1 Cenomanian oil development of the Aje Field  Jacka to book net 2P reserves of 1.3 m...

    Mzia well test supports potential hub development offshore Tanzania
    Posted On Aug 27 ,2014 - 08:04-AM | by admin

    BG Group plc (LSE: BG.L), a world leader in exploration and LNG, today announced that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern...

    Oando Energy Resources reduces debt by US98-million
    Posted On Aug 26 ,2014 - 08:52-PM | by admin

    Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, is pleased to announce the conversion...

    Sinopec Announces 2014 Interim Results
    Posted On Aug 26 ,2014 - 08:39-PM | by admin

    Operating Profit Records Double Digit Growth in the First Half of 2014 Marketing Business Restructuring and Shale Gas Development on Track Beijing, People‘s Republic of China (PRC) – 22 August, 20...

    Sinopec Sales to Cooperate with Tencent to Diversify Service and Marketing Channels
    Posted On Aug 26 ,2014 - 08:47-PM | by admin

    Sinopec Sales Co., Ltd. (the “Sales Company”), a wholly-owned subsidiary of Sinopec, signed a business cooperation framework agreement with Tencent, Inc. (“Tencent”), to establish a strategic ...

    BP Announces First Gas from DEKA Project, Offshore Egypt
    Posted On Aug 26 ,2014 - 08:46-PM | by admin

    BP Egypt today announced first gas from the DEKA project offshore Egypt with the start of production from the Denise South-6 well at an initial rate of 50 million cubic feet per day (mmscf/d). The DEK...

    Eland announce Acquisition of 40% interest in the Ubima Field, onshore Niger Delta
    Posted On Aug 26 ,2014 - 08:50-PM | by admin

    Eland Oil & Gas PLC (AIM: ELA), the oil and gas exploration and development company with a focus on Nigeria and West Africa, is pleased to announce that Wester Ord Oil & Gas Limited ("Wester Ord"), a ...

    Rosneft and North Atlantic Drilling Signed an Exchange of Assets Agreement
    Posted On Aug 26 ,2014 - 08:09-PM | by admin

    Rosneft, Seadrill Limited and North Atlantic Drilling Limited (NADL) signed a Framework Agreement that envisages long-term cooperation in the sphere of oilfield development projects. The document fore...

    Circle Oil issue Operating Update Tunisia
    Posted On Aug 26 ,2014 - 08:25-PM | by admin

    Mahdia Permit - Exploration Well EMD-1 Discovery Circle Oil Plc (AIM: COP), the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to announce t...

    RWE Dea starts gas production from the Central Treatment Plant in the Egyptian Nile Delta
    Posted On Aug 26 ,2014 - 08:22-PM | by admin

    RWE Dea achieved first production from the Central Treatment Plant (CTP) of the Disouq Development Project in Egypt. Production commenced at an initial rate of 45 million standard cubic feet gas per d...

    Shell announces Marjoram-1 gas discovery in deep-water Malaysia
    Posted On Aug 26 ,2014 - 08:57-AM | by admin

    Shell today announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. “Our strategy to expand our heartland areas through techn...

    Johan Sverdrup Field Center in Phase One
    Posted On Aug 26 ,2014 - 08:56-AM | by admin

    Aker Solutions has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit. The compa...

    Petrofac announce Board Changes
    Posted On Aug 25 ,2014 - 08:20-PM | by admin

    Petrofac, the international oil & gas facilities service provider, today announces that Norman Murray, who has been Chairman since May 2011, has resigned from the Board and will step down as Chairman ...

    Nigerian National Petroleum Corporation (NNPC) pledges harmonious partnership with NUPENGASSAN
    Posted On Aug 22 ,2014 - 08:43-AM | by admin

    The Group Managing Director of NNPC, Dr. Joseph Thlama Dawha, has pledged his readiness to work harmoniously with the two in-house Unions for the benefit of the nation’s oil and gas industry. Dr....

    Petrobras proves potential of Sergipe-Alagoas Basin’s Moita Bonita area
    Posted On Aug 22 ,2014 - 08:14-AM | by admin

    Petrobras announces that the third well drilled in the Sergipe-Alagoas Basin’s Moita Bonita area, in Concession BM-SEAL-10, has proved the extension of the gas and light oil discovery made in that a...

    TAQA reports profit of AED 513 million for H1 2014
    Posted On Aug 21 ,2014 - 08:55-PM | by admin

    TAQA, the Abu Dhabi National Energy Company, today announced a net profit of AED 513 million for the first half of 2014. TAQA achieved record oil and gas production, averaging 158,000 barrels of o...

    CAMBAY-77H - Interim Flow-back Update
    Posted On Aug 21 ,2014 - 08:19-AM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to announce that Cambay-77H continues to produce light crude oil and gas as the well recovers frac water during clean-up. Cambay-77H crude oil recovered fr...

    Falcon Oil & Gas announce Completion of Australian Beetaloo Basin Farm-Out
    Posted On Aug 21 ,2014 - 08:33-AM | by admin

    Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) (the "Company") is pleased to announce, that further to its press release of 2 May 2014, its 98% subsidiary, Falcon Oil & Gas Australia Ltd ("F...

    Chariot annponce Farm-out Agreed in Brazil with AziLat, a subsidiary of Azimuth
    Posted On Aug 21 ,2014 - 08:02-AM | by admin

    Highlights: · AziLat to acquire a 25% working interest in Chariot's BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 blocks in the Barreirinhas Basin, Brazil · AziLat to pay an increase...

    Eni starts production at DEKA Project in Egypt
    Posted On Aug 21 ,2014 - 08:56-AM | by admin

    The project’s peak production is expected by 1Q 2015 with a total gross gas rate of about 6.5 million cubic meters per day. Eni, through its affiliate Ieoc Production BV and in joint venture with...

    Mines That Run On Solar Or Wind Power
    Posted On Aug 21 ,2014 - 08:51-AM | by admin

    Mining companies are often seen as dinosaurs when it comes to making changes that will benefit the environment, but that perception may be shifting as some companies turn to renewable energy to cut co...

    Pacific Rubiales announces results of an independent resource evaluation for 36 of the Company's 60 exploration blocks
    Posted On Aug 20 ,2014 - 08:11-AM | by admin

    Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced the results of an independent resource evaluation for 36 of the Company's 60 exploration blocks in Colombia, Peru, Brazil...

    Apache announces major new WA oil find
    Posted On Aug 20 ,2014 - 08:38-AM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) today announced an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore Canning Basin. Wireline and formation press...

    Woodside Achieves Record First Half Profit of US$1.105 billion
    Posted On Aug 20 ,2014 - 08:04-AM | by admin

    Woodside has achieved a record half-year reported net profit after tax (NPAT) of US$1.105 billion, underpinned by record production of 46.5 MMboe and record operating revenue of US$3.551 billion for t...

    5 Countries Most Plagued by Oil Theft
    Posted On Aug 20 ,2014 - 08:52-AM | by admin

    Nigeria As much as 400,000 barrels of oil a day are stolen in Nigeria. This equates to losses of $1.7 billion a month for Africa’s new largest economy. This represents 7.7 percent ...

    World’s Richest Oil Barons
    Posted On Aug 20 ,2014 - 08:11-AM | by admin

    1. Charles and David Koch ($68 billion jointly) The bogeymen of the Democratic Party inherited their fortunes, along with the family business, from their father, Fred. But they’ve ...

    World’s Five Most Important Oil Fields
    Posted On Aug 20 ,2014 - 08:02-AM | by admin

    Much has been made about the role that hydraulic fracturing – or fracking -- has played in revolutionizing the energy landscape, unlocking vast new reserves of oil trapped in shale rock. This “tig...

    Statoil-operated platform, Gudrun officially opened
    Posted On Aug 20 ,2014 - 08:19-AM | by admin

    Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) ...

    Neste Oil's renewable diesel helps reduce carbon footprint
    Posted On Aug 20 ,2014 - 08:23-AM | by admin

    Neste Oil's NEXBTL renewable diesel was used to generate electricity at two major events in Finland this summer: the Flow Festival in Helsinki and the Neste Oil Rally Helsinki Battle street circuit ra...

    Brazil now highest buyer of Nigeria’s crude
    Posted On Aug 19 ,2014 - 08:37-AM | by admin

    Brazil has overtaken India as the largest buyer of Nigeria’s crude oil, spending $990.09 million, about N158.414 billion on the purchase of crude oil from Nigeria. Crude oil Data from the Nigerian ...

    Petrobras enters into agreement with YPFB
    Posted On Aug 19 ,2014 - 08:59-AM | by admin

    Bolivian natural gas imports to the Brazilian market Petrobras announces that today it entered into an agreement with YPFB, in accordance with its negotiation agenda, aimed at resolving differences a...

    Salamander Energy says North Kendang-2 Drilling Completed
    Posted On Aug 18 ,2014 - 08:31-PM | by admin

    Salamander Energy plc announces that drilling operations on the North Kendang-2 exploration well ("NK-2") in its operated South East Sangatta PSC have now been concluded. The well reached a total d...

    Kea Petroleum Plug and Abandon Puka-3
    Posted On Aug 18 ,2014 - 08:35-PM | by admin

    Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand,announces that Puka-3 well is being plugged and abandoned after reaching a depth of 2,200mMDRT. The wireline logging en...

    Eni's CEO, Claudio Descalzi meets with the President of Gabon, Ali Bongo Ondimba in Libreville
    Posted On Aug 18 ,2014 - 08:14-AM | by admin

    The topic of the meeting was the important gas and condensates discovery that Eni has recently made ​​in the Nyonie Deep exploration prospect, in the pre-salt Gabon’s offshore. In this occasi...

    Noble Energy Announces Bright Exploration Results In The Deepwater Gulf Of Mexico
    Posted On Aug 15 ,2014 - 08:27-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that the Bright exploration well in the deepwater Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter hydrocarb...

    Seven Energy boosts power generation in Nigeria
    Posted On Aug 15 ,2014 - 08:58-AM | by admin

    Seven Energy International Limited (“Seven Energy” or the “Group”), the indigenous Nigerian integrated oil and gas development, production and gas distribution company, is pleased to announce ...

    Giant turret module for world's largest floating facility sets sail for South Korea
    Posted On Aug 15 ,2014 - 08:49-AM | by admin

    The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the ...

    Notice of Proposed Voluntary Dismissal of a Shareholder Derivative Action
    Posted On Aug 15 ,2014 - 08:10-AM | by admin

    This notice relates to a proposed voluntary dismissal of a shareholder derivative action and is being given pursuant to an order of The United States District Court for the Northern District of Califo...

    Fourth Jupiter well proves extension of Santos Basin pre-salt discovery
    Posted On Aug 14 ,2014 - 08:01-PM | by admin

    Petrobras announces confirmation of the extension of the Jupiter discovery in Santos Basin pre-salt block BM-S-24 following drilling operations at well 3-BRSA-1246-RJS (3-RJS-732), informally known as...

    Shell divests U.S. onshore gas assets in Pinedale and Haynesville, adds acreage in Marcellus and Utica
    Posted On Aug 14 ,2014 - 08:30-PM | by admin

    Royal Dutch Shell plc (“Shell”) announces today two separate transactions whereby the company will exit its Pinedale and Haynesville onshore gas assets in exchange for approximately $2.1 billion o...

    Cable and pipe seal maker Roxtec sees UK sales surge by 45pc
    Posted On Aug 14 ,2014 - 08:20-AM | by admin

    Greater Manchester-based Roxtec is reporting a 45 per cent growth from its UK operation with sales hitting £5m, representing a four-fold increase in sales over the past eight years. The UK subsidi...

    Neste Oil selects SAP for its enterprise resource planning platform
    Posted On Aug 13 ,2014 - 08:24-PM | by admin

    Neste Oil has selected SAP to provide the platform that will be used for its enterprise resource planning (ERP) needs in the future. Accurate information and advanced management tools are essential fo...

    Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax
    Posted On Aug 12 ,2014 - 08:15-PM | by admin

    Ukraine doesn't need Russia to take it down-Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes for private gas producers and promises to irreparably cripple new...

    2014 Oil and Gas Reality Check report
    Posted On Aug 12 ,2014 - 08:07-PM | by admin

    The 2014 Oil and Gas Reality Check report, released on Monday, was produced by Deloitte Touche Tohmatsu Limited (DTTL), a UK-based private company and a Deloitte member firm. 2014 Oil and Gas Real...

    Mosman disclose Crude Oil Analysis of Crestal-1 and Kotuku seep samples
    Posted On Aug 12 ,2014 - 08:52-PM | by admin

    Mosman Oil and Gas Limited (AIM: MSMN) the Australia and New Zealand focused oil exploration and development company has received its first crude oil analysis on Crestal-1, at its Petroleum Creek Proj...

    Mexico's President Signs Energy Reform Legislation
    Posted On Aug 12 ,2014 - 08:55-PM | by admin

    MX Oil plc, the AIM listed oil and gas company focused on the re-opening Mexican energy sector, is pleased to note that President Enrique Pena Nieto has approved legislation required to reopen Mexico'...

    OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
    Posted On Aug 12 ,2014 - 08:04-PM | by admin

    OneSubsea™, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB) company, Helix Energy Solutions Group, Inc. (NYSE: HLX) and Schlumberger today announced that they have entered into a letter of intent...

    Schlumberger issues Russia Update
    Posted On Aug 12 ,2014 - 08:53-PM | by admin

    Based on a high demand for additional information regarding its business in Russia, Schlumberger Limited (NYSE:SLB) provided the following third-quarter update today: In the past week, both the Unite...

    IEA releases Oil Market Report for July
    Posted On Aug 12 ,2014 - 08:22-AM | by admin

    Lower economic growth outlook trims 2014 demand increase The IEA Oil Market Report (OMR) for August lowered its 2014 global oil demand growth forecast to 1.0 million barrels per day (mb/d) on lower...

    Swala Oil and Gas (Tanzania) Plc Debut on the Dar es Salaam Stock Exchange
    Posted On Aug 12 ,2014 - 08:51-AM | by admin

    Swala Oil & Gas (Tanzania) Plc (“Swala” or “the Company”) today listed on the Dar es Salaam Stock Exchange (“DSE”) becoming the first public owned Oil and Gas Company in East Africa. The ...

    Aker Solutions to Lease New Office Complex in Aberdeen
    Posted On Aug 12 ,2014 - 08:50-AM | by admin

    Aker Solutions agreed to lease a new office complex in Aberdeen for 20 years as part of an expansion in the UK. The facility is under development and will consist of three interconnected buildings ...

    As cash flow flattens, major energy companies increase debt, sell assets
    Posted On Aug 12 ,2014 - 08:44-AM | by admin

    Cash from operations for major energy companies has flattened in line with flat crude oil prices, which have had the lowest price volatility in years. Based on data compiled from quarterly reports, fo...

    Paradigm to Demonstrate Advanced Solutions for Unconventional Oil & Gas at URTeC 2014
    Posted On Aug 11 ,2014 - 08:15-PM | by admin

    Technical presentations to focus on assessing reservoir quality and optimizing well spacing and completion efficiency Paradigm® will showcase its solutions and services that deliver added value ...

    Petrobras announces July oil and natural gas production update
    Posted On Aug 11 ,2014 - 08:56-PM | by admin

    Petrobras announces that its domestic oil production rose by 2% from 2,008 thousand bpd in June to an average 2,049 thousand barrels/day (bpd) in July. As for total oil production operated by Petrobra...

    Innovative Dealflow Platform Revolutionises Investor and Capital Raiser Relationships
    Posted On Aug 11 ,2014 - 08:49-PM | by admin

    A game changing new dealflow platform launched this month, specially engineered to connect Investors and Capital Raisers within the Oil & Gas, Mining and Renewable Energy sectors. The Commodities I...

    Noble Energy Announces New Exploration License Offshore Gabon
    Posted On Aug 11 ,2014 - 08:33-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) announced today that it has signed a Production Sharing Contract (PSC) with the Government of Gabon covering Block F15 in the Gabon Coastal Basin. Under the terms of the...

    Rosneft and ExxonMobil Start Drilling Universitetskaya-1well
    Posted On Aug 11 ,2014 - 08:28-PM | by admin

    Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federation's northernmost well using the West Alpha rig. The start of the drilling was ...

    Seadrill deepwater drillship secures contract for work offshore Nigeria
    Posted On Aug 11 ,2014 - 08:16-PM | by admin

    Seadrill Limited ("Seadrill"), in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ...

    KrisEnergy acquires Chevron Cambodia unit
    Posted On Aug 11 ,2014 - 08:18-PM | by admin

    Indirect participating interest in Cambodia Block A rises to 52.25%, renamed entity to hold operatorship KrisEnergy Ltd. (“KrisEnergy” or “the “Company”), an independent upstream oil and...

    Door wide open for new players as banks scale down gas trading in Europe
    Posted On Aug 11 ,2014 - 08:59-AM | by admin

    Low volatility in European natural gas and power markets, coupled with tougher EU financial regulation has severely diminished trading’s appeal to many banks. In recent months, corporations includin...

    OSM Offshore AS wins contract for management of “Aquarius Brasil”
    Posted On Aug 11 ,2014 - 08:55-AM | by admin

    OSM Offshore AS, a global independent provider of offshore management services and part of the OSM Maritime Group Ltd., agreed 23rd of May 2014 a contract with Equinox Offshore ARV3 BV for full manage...

    Forte Oil posts 152% increase in profits before tax of N4.19BN in 1st half 2014 results
    Posted On Aug 11 ,2014 - 08:26-AM | by admin

    Forte Oil PLC (formerly AP PLC) Nigeria's foremost energy group, today announced its audited results for the six months period ended 30 June, 2014 with the following highlights: Highlights:...

    Sub-Saharan Africa and its energy problems - OGP editorial
    Posted On Aug 08 ,2014 - 08:57-PM | by admin

    Two out of three people in Sub-Saharan Africa, that’s nearly 600 million people live today without access to electricity in the continent. President Obama announced recently that private companie...

    Discovery of Oil and Gas at Pasakhi Deep well # 04
    Posted On Aug 08 ,2014 - 08:53-PM | by admin

    By the grace of Almighty Allah, Oil and Gas Development Company Limited (OGDCL) with 100% working interest in Pasakhi Deep D&PL lease discovered Gas & Condensate from its Development Well i.e. Pasakhi...

    Kenya Block 11A 2D Seismic Survey Completed
    Posted On Aug 08 ,2014 - 08:28-AM | by admin

    ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced the successful completion of a major 2D seismic acquisition program of Block...

    Integrated drilling service agreement between Schlumberger Norway and Statoil
    Posted On Aug 08 ,2014 - 08:50-AM | by admin

    Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tor...

    Oil of DRCongo completes analysis of first and second phase seismic campaign
    Posted On Aug 08 ,2014 - 08:09-AM | by admin

    Total investment in project of $75 million and Seismic results indicate c. 3 billion barrels of oil in place. Oil of DRCongo, the Fleurette Group's oil exploration subsidiary, announces an update o...

    Afren issues operations update at Barda Rash, Kurdistan region of Iraq
    Posted On Aug 08 ,2014 - 08:34-AM | by admin

    Afren plc (“Afren” or the “Company”) has taken the precautionary step to temporarily suspend operations at the Barda Rash field in light of heightened regional security related issues. Work...

    The Bigger Oil Story Behind the Headlines: Interview with Michael Levi
    Posted On Aug 08 ,2014 - 08:06-AM | by admin

    While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington 'lifting the ban' on crude oil exports, we miss the bigger stories—and we miss th...

    Fugro deepwater search missing MH370 Plane
    Posted On Aug 08 ,2014 - 08:56-AM | by admin

    The Australian Transport Safety Bureau (ATSB) has awarded Fugro an additional contract for the deployment of two specialist vessels, equipment and expertise in the deep-water search for the missing Ma...

    DOF awarded new contract - Brazil
    Posted On Aug 08 ,2014 - 08:15-AM | by admin

    Awarded a 4 yrs contract with Petrobras for the vessel Skandi Yare. DOF's subsidiary Norskan Offshore Ltda. has been awarded a 4 yrs contract with Petrobras for the vessel Skandi Yare. The new contra...

    EMAS awarded contracts worth close to US$110 million
    Posted On Aug 08 ,2014 - 08:57-AM | by admin

    EMAS, the operating brand of Ezra Holdings, has announced that its subsea arm, EMAS AMC, has been awarded several projects around the world worth close to US$110 million, including options. The sco...

    Oil discovery at Rutland, Saskatchewan
    Posted On Aug 07 ,2014 - 08:38-PM | by admin

    Tuscany Energy Ltd. ("Tuscany") (TSX VENTURE:TUS) is pleased to announce that it has completed drilling a new oil pool discovery well on its Rutland prospect, West Central Saskatchewan. The horizon...

    Keppel delivers world’s largest jackup rig to Maersk Drilling early
    Posted On Aug 07 ,2014 - 08:56-PM | by admin

    It is the second of three such rigs that Keppel is building for Maersk Keppel FELS Limited (Keppel FELS) has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Mol...

    Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade – PwC
    Posted On Aug 07 ,2014 - 08:01-PM | by admin

    The bulk of spending is likely to take place in South Africa and Tanzania Global capital project and infrastructure spending is expected to grow to more than $9 trillion annually by 2025, up from $...

    Statoil makes gas discovery in the Mercury prospect in PL614 in the Barents Sea
    Posted On Aug 07 ,2014 - 08:37-PM | by admin

    Statoil has together with its partner Idemitsu Petroleum Norge made a small gas discovery in the Mercury prospect in PL614 in the Barents Sea. This completes Statoil’s 2014 exploration programme in ...

    Dana Gas reports 70% jump in 2Q 2014 net profits to $ 46m
    Posted On Aug 06 ,2014 - 08:18-PM | by admin

    Highlights * 2Q 2014 gross revenues of $ 187 m and gross profit of $ 85 m; 30% and 35% higher than 2Q 2013, respectively * 1H 2014 gross revenues of $ 367 m and gross profit of $ 172 m; 24% and 2...

    EIA mapping tool shows which U.S. energy facilities are at risk from flooding
    Posted On Aug 06 ,2014 - 08:20-PM | by admin

    The public now has a new online tool to help inform them about energy facilities' exposure to flooding caused by hurricanes, overflowing rivers, flash floods, and other wet-weather events. Developed b...

    David Rosenthal elected as Vice President and Controller and Jeffrey Woodbury as Vice President of Investor Relations and Secretary at ExxonMobil
    Posted On Aug 06 ,2014 - 08:20-PM | by admin

    Exxon Mobil Corporation’s (NYSE:XOM) board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary,...

    Roxi issues Update on discovery at BNG
    Posted On Aug 06 ,2014 - 08:19-PM | by admin

    Roxi Petroleum plc announced the first core sample over the 12 meter range between 4,332 and 4,344 meters has been successfully completed with a 9.85m core recovered. Initial examination shows the...

    CAMAC Energy Discovers Multiple Oil and Gas Reservoirs Offshore Nigeria
    Posted On Aug 06 ,2014 - 08:37-AM | by admin

    CAMAC Energy Inc. (NYSE MKT: CAK) announced the preliminary results of a successful Oyo field development well offshore Nigeria in OML 120. The Oyo-8 well commenced drilling operations on June 15, 20...

    First oil produced from SNEPCO-operated Bonga North West deep-water project in Nigeria
    Posted On Aug 06 ,2014 - 08:20-AM | by admin

    Shell’s deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) started oil production from the first well at the Bonga North West deep-water development off ...

    Sale of Interest in Transierra
    Posted On Aug 06 ,2014 - 08:11-AM | by admin

    Petrobras announces that it has sold its 44,5% stake in Transierra S.A. to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for US$ 106.7 million. This operation is aligned with the Company´s Str...

    Produced Water Management 2014 Global Workshop
    Posted On Aug 06 ,2014 - 08:13-AM | by admin

    NASA, Saudi Aramco, Total, Shell and more operators join the Produced Water Management 2014 Global Workshop Produced Water Management has emerged as an expensive issue that requires efficient handling...

    GE to invest $2 billion in facility development, skills training, and sustainability initiatives across Africa by 2018
    Posted On Aug 05 ,2014 - 08:56-PM | by admin

    GE (NYSE: GE) announced that it will invest $2 billion in facility development, skills training, and sustainability initiatives across Africa by 2018. GE made the announcement in advance of President ...

    Nigeria Deploys GE's Mobile Gas Turbines, Bringing Financing Services to Return Largest Refinery to Full Power and Production Capacity
    Posted On Aug 05 ,2014 - 08:21-PM | by admin

    With more industrial facilities using distributed power technologies to ensure a reliable energy supply and increase productivity, GE's Distributed Power business (NYSE: GE) is supplying Genesis Elect...

    Pipeline Simulation Interest Group (PSIG) Offers Annual Educational Scholarships to Students
    Posted On Aug 05 ,2014 - 08:44-AM | by admin

    The Pipeline Simulation Interest Group, (PSIG), is proud to announce the offering of two annual educational scholarships honoring two dedicated members of the PSIG board; Orin Flanigan and Don Schroed...

    Global Refining Technology Forum
    Posted On Aug 05 ,2014 - 08:56-AM | by admin

    Dr. M R Raizi, Professor Chemical Engineering Department - Kuwait University will speak on heavy oil characteristics and processing to produce middle distillates at the Global Refining Technology Foru...

    Songa Offshore SE announce July fleet update
    Posted On Aug 05 ,2014 - 08:23-AM | by admin

    Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 99% during the month working for Statoil in Norway. Songa Delta achieved an operational efficiency of 100% and an ea...

    Neste Oil's Interim Report for January-June 2014
    Posted On Aug 05 ,2014 - 08:11-AM | by admin

    Internal improvement actions started to bear fruit in a challenging market.

    Anton Oilfield Services Awarded Service Contract with Two Rigs for Drilling Project in Southern Iraq
    Posted On Aug 04 ,2014 - 08:39-PM | by admin

    Anton Oilfield Services Group ("Anton" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group is today awarded the c...

    Oilex announce CAMBAY-77H - Flow-back Update
    Posted On Aug 04 ,2014 - 08:29-AM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to announce that Cambay-77H well continues to produce crude oil and frac water and ~ 55% of the water used to stimulate the well has been recovered. Light cru...

    Leni gas and oil announce Goudron Drilling Update, Trinidad
    Posted On Aug 04 ,2014 - 08:20-AM | by admin

    LGO today announced the results of the evaluation of the electric logs in well GY-667, the fourth of its planned 30 new development wells at the Goudron Field in Trinidad, and the third well from th...

    Galp Energia announce Exploration well TAO-1 results, in Morocco
    Posted On Aug 04 ,2014 - 08:58-AM | by admin

    Galp Energia announces the conclusion of the drilling of the exploration well TAO-1, located in the Tarfaya Offshore area, in the Atlantic margin of offshore Morocco, where no hydrocarbons were encoun...

    Tangiers announce TAO-1 is Unsuccessful
    Posted On Aug 04 ,2014 - 08:18-AM | by admin

    Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company") provides the following update on the TAO-1 exploration well located in the Tarfaya Offshore Block, Morocco. The TAO-1 ...

    Range Resources issue International Petroleum Loan Update
    Posted On Aug 04 ,2014 - 08:09-AM | by admin

    The Board of Range is pleased to announce that it has signed a settlement agreement with International Petroleum with respect to repayment of Range's USD 8 million loan by International Petroleum Ltd ...

    KBR Announces Second Quarter 2014 Financial Results
    Posted On Aug 01 ,2014 - 08:53-PM | by admin

    Highlights - Strong bookings in Hydrocarbons and IGP segments - Continued strong operational performance in Gas Monetization and Hydrocarbons business segments - Cash and cash equivalents of $1 bil...

    Absoft partner with Neptune to develop custom built web apps for upstream oil and gas
    Posted On Aug 01 ,2014 - 08:33-PM | by admin

    Aberdeen-based specialist SAP consultancy Absoft has partnered with enterprise mobility experts, Neptune Software, in Norway, to develop a suite of custom built web applications for SAP users in upstr...

    Chevron Reports Second Quarter Net Income of $5.7 Billion
    Posted On Aug 01 ,2014 - 08:40-PM | by admin

    Chevron Corporation (NYSE: CVX) today reported earnings of $5.7 billion ($2.98 per share – diluted) for second quarter 2014, compared with $5.4 billion ($2.77 per share – diluted) in the 2013 seco...

    MX Oil secures Joint Venture with Geo Estratos
    Posted On Aug 01 ,2014 - 08:21-AM | by admin

    MX Oil plc is pleased to provide an update on its activities in line with the Company's strategy to explore investment opportunities in Mexico's energy industry, which is being reopened to the private...

    Pilot Borehole Completed Under Wouri River for Bonaberi Gas Supply
    Posted On Aug 01 ,2014 - 08:16-AM | by admin

    Victoria Oil & Gas Plc, the emerging Cameroon utility company, announces that drilling of a 678m single shot pilot borehole was completed under the Wouri River to Bonaberi in Douala, Cameroon on 31 Ju...

    Rosneft Closes deal with Weatherford International
    Posted On Aug 01 ,2014 - 08:52-AM | by admin

    Rosneft announces the close of the deal for the acquisition of land drilling and workover assets of Weatherford in Russia and Venezuela. The closure marks the realization of the agreement signed in...

    Oando Completes Acquisition of ConocoPhillips’ Nigerian Assets
    Posted On Jul 31 ,2014 - 07:05-PM | by admin

    Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, announced the completion of its acquisition of the Nig...

    Exxon Mobil Corporation Announces Estimated Second Quarter 2014 Results
    Posted On Jul 31 ,2014 - 07:17-PM | by admin

    Highlights * Earnings of $8,780 million increased $1,920 million or 28 percent from the second quarter of 2013. * Earnings per share (assuming dilution) were $2.05, an increase of 32 percent. ...

    Eni enters Myanmar
    Posted On Jul 31 ,2014 - 07:01-AM | by admin

    Production Sharing Contracts signed for the exploration of two onshore blocks Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of My...

    African Petroleum issue Quarterly Disclosure Declaration
    Posted On Jul 31 ,2014 - 07:47-AM | by admin

    Reports relating to the quarter ended 30 June 2014: Highlights Corporate  Approximately US$ 16.5 million cash in bank at 30 June 2014  In addition, ...

    Eni announce second quarter and first half of 2014 results
    Posted On Jul 31 ,2014 - 07:29-AM | by admin

    Eni, the international oil and gas company, today announces its group results for the second quarter and first half of 2014 (unaudited). Financial highlights1 * Adjusted operating...

    Floating LNG Experts to congregate in Malaysia to discuss the latest developments
    Posted On Jul 31 ,2014 - 07:16-AM | by admin

    Global FLNG Forum - Malaysia will gather global gas experts to look into latest developments in floating LNG. Natural gas is one of the most important resources in the world today, mainly because i...

    Shell announce second quarter 2014 results
    Posted On Jul 31 ,2014 - 07:53-AM | by admin

    On Thursday, July 31, 2014 at 07.00 BST (08.00 CEST and 02.00 EDT) Royal Dutch Shell plc released its second quarter results and second quarter interim dividend announcement for 2014. Highl...

    Eni announces discovery of gas and condensates in offshore Gabon
    Posted On Jul 31 ,2014 - 07:43-AM | by admin

    The total estimated potential of these discoveries is approximately 3 billion boe, with potential for further improvement. Eni has made an important gas and condensates discovery in the Nyonie Dee...

    Exxon Mobil Corporation Declares Third Quarter Dividend
    Posted On Jul 30 ,2014 - 07:18-PM | by admin

    The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to shareholders of record of Common...

    SM Energy Reports Results for the Second Quarter of 2014
    Posted On Jul 30 ,2014 - 07:10-PM | by admin

    Announces Significant Bakken/Three Forks Acquisition Highlights: Record quarterly average daily production of 147 MBOE per day, compared to guidance range of 136 - 143 MBOE per da...

    Rosneft and PDVSA Signed a Range of Agreements on Offshore Projects and Drilling Technologies
    Posted On Jul 30 ,2014 - 07:01-PM | by admin

    Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed a Cooperation Agreement to implement offsho...

    Rosneft and North Atlantic Drilling expand offshore partnership
    Posted On Jul 30 ,2014 - 07:43-PM | by admin

    Rosneft and North Atlantic Drilling Ltd. have entered into long-term offshore drilling contracts. The transaction contemplates employment of six offshore drilling rigs until 2022 with the purpose of c...

    Saipem Board of Directors approves Six-Month Report at June 30, 2014
    Posted On Jul 30 ,2014 - 07:01-PM | by admin

    The Board of Directors of Saipem S.p.A. today reviewed Saipem’s consolidated Six-Month Report at June 30, 2014, which has been prepared in compliance with the International Accounting Standard IAS 3...

    Saipem awarded new drilling contracts worth $850 million
    Posted On Jul 30 ,2014 - 07:57-PM | by admin

    Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately $850 million of which $540 million are related to offshore activity and re...

    Americas Petrogas Provides Operations Update
    Posted On Jul 30 ,2014 - 07:36-PM | by admin

    Americas Petrogas (TSX VENTURE:BOE) (the "Company") is pleased to provide the following updates of its oil and gas activities in Argentina as well as its fertilizer activities in Peru. Oil ...

    Strata Oil Identifies Multiple Drilling Locations to Test Cold Production Potential of Cadotte West
    Posted On Jul 30 ,2014 - 07:26-PM | by admin

    Strata Oil & Gas Inc. announced today that its technical team has provided recommendations to the Board of Directors pursuant to the Cold Production study initiated by the Company relating to the Cado...

    KBR Awarded Major Engineering Design Contract by Hyundai Heavy Industries Co., Limited
    Posted On Jul 30 ,2014 - 07:21-AM | by admin

    KBR Inc. (NYSE: KBR) announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design services for the Abu Dhabi Marine Operating Company Al-Na...

    Hess to Pursue Formation of Master Limited Partnership
    Posted On Jul 30 ,2014 - 07:43-AM | by admin

    Hess Corporation (NYSE:HES) announced today its intention to pursue the formation and initial public offering of a master limited partnership (MLP). Hess remains focused on value creation and the purs...

    African oil & energy sector fuelling global investor growth, says DHL
    Posted On Jul 30 ,2014 - 07:32-AM | by admin

    While exploration activity in Africa is at its highest level ever, the continent remains largely unexplored While Oil and Gas activity in West Africa is nothing new, it is the activity in East Afri...

    Anadarko Announces Second-Quarter 2014 Results
    Posted On Jul 30 ,2014 - 07:50-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced its financial and operating results for the second quarter of 2014, including net income attributable to common stockholders of $227 million,...

    Total announces its interim dividend for the second quarter 2014
    Posted On Jul 30 ,2014 - 07:06-AM | by admin

    The Board of Directors of Total approved a second quarter 2014 interim dividend of 0.61 euros per share. This interim dividend, increased by 3.4% compared to the second quarter 2013, is payable in eur...

    Tullow release 2014 Half-yearly results
    Posted On Jul 30 ,2014 - 07:53-AM | by admin

    Strong revenues and cashflow; results in line with market expectations Balance sheet strengthened through bond issue and re-financing Exploration successes in Kenya, Gabon and Norway Major developm...

    GE Energy Financial Services Invests in Atria Power's Wind Farms in India
    Posted On Jul 29 ,2014 - 07:20-PM | by admin

    - Supports USD $1 Billion Annual Renewable Energy Investment Commitment GE unit (NYSE: GE) GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in In...

    ExxonMobil PNG Limited Selects FLOWCAL for Their LNG facility in Papua New Guinea
    Posted On Jul 29 ,2014 - 07:14-PM | by admin

    Flow-Cal, Inc. was selected to provide an advanced gas and liquids measurement solution at ExxonMobil Corporation’s Liquefied Natural Gas (LNG) plant in Papua New Guinea. The project, operated by Ex...

    Lishui 36-1 Gas Field Starts Production
    Posted On Jul 29 ,2014 - 07:57-PM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that the Lishui 36-1 gas field has commenced production. Lishui 36-1 gas field is located 150 kilometres away fro...

    Richard Rose appointed Finance Director of Premier Oil
    Posted On Jul 29 ,2014 - 07:02-AM | by admin

    Premier is pleased to announce that Richard Rose will join Premier's Board as Finance Director on 8 September 2014. Richard qualified as a chartered accountant with Ernst & Young and has spent over...

    BP reports second quarter 2014 results
    Posted On Jul 29 ,2014 - 07:21-AM | by admin

    BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same p...

    Anadarko Announces Board of Directors Election
    Posted On Jul 29 ,2014 - 07:37-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced the election of Joseph W. Gorder to serve as an independent director of the company, effective July 28, 2014. Gorder was also appointed a mem...

    Total sells its coal mining assets to Exxaro
    Posted On Jul 28 ,2014 - 07:42-PM | by admin

    Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa. The consideration for the transa...

    TKAEFER sponsors Corrosion Under Insulation Forum to be held in Al Khobar, Saudi Arabia
    Posted On Jul 28 ,2014 - 07:27-AM | by admin

    KAEFER, Gold Sponsor at the Corrosion Under Insulation Forum, will speak on preventing CUI from a contractor's perspective KAEFER is sponsoring Corrosion Under Insulation, a technical forum gatheri...

    Neste Oil Rally Helsinki Battle
    Posted On Jul 28 ,2014 - 07:30-AM | by admin

    Almost 20 000 rally enthusiasts gathered to sunny Hietalahti in Helsinki on Saturday for the first ever Neste Oil Rally Helsinki Battle street circuit race. The Finnish rally legends challenged the cu...

    Statoil announce second quarter 2014 results
    Posted On Jul 25 ,2014 - 07:04-PM | by admin

    Statoil's (OSE:STL, NYSE:STO) second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billi...

    Whio-1 Well Spud, Offshore Taranaki Basin, New Zealand
    Posted On Jul 24 ,2014 - 07:34-PM | by admin

    Cue Energy Resources Ltd (Cue) has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that the Whio-1 exploration well spud at 21:45 hours (local time) on 23rd July. The rig ...

    BW Offshore to take full ownership of FPSO Petroleo Nautipa
    Posted On Jul 24 ,2014 - 07:02-PM | by admin

    Reference is made to BW Offshore's announcement dated 9 July 2014. BW Offshore has signed a sale and purchase agreement with Yinson to take 100% ownership of the FPSO Petroleo Nautipa, owned through ...

    Iain Conn leaving BP after 10 years on the board
    Posted On Jul 24 ,2014 - 07:21-PM | by admin

    BP today announced that Iain Conn, Group Managing Director and Chief Executive, Downstream, is leaving the company and is to step down from BP's board by the end of the year. Conn has had a career...

    Noble Energy Announces Second Quarter 2014 Results
    Posted On Jul 24 ,2014 - 07:47-AM | by admin

    Noble Energy, Inc. (NYSE: NBL) announced today second quarter 2014 net income of $192 million, or $0.52 per diluted share on total revenues of $1.4 billion. Excluding the impact of certain items, whic...

    Versalis signs new Cooperation Agreement with CB&I to market LDPE and EVA proprietary technologies in North America
    Posted On Jul 24 ,2014 - 07:35-AM | by admin

    Versalis (Eni) has signed a Cooperation Agreement with CB&I, the leading US-based engineering and industrial services company. CB&I will market and provide engineering services for Versalis’ low den...

    Conference to emphasize on HSSE as a priority in energy sector
    Posted On Jul 24 ,2014 - 07:33-AM | by admin

    Identifying the major hazard and security risks and personal health & safety risks in energy sector and drafting a well crafted HSE lessons to build resilience and avoid failures "The 2nd Annual La...

    Nigeria’s renewal: Delivering inclusive growth in Africa’s largest economy
    Posted On Jul 24 ,2014 - 07:37-AM | by admin

    Nigeria's liquids production could increase from 2.35 million barrels a day on average to a new high of 3.13 million barrels a day by 2030 according to a McKinsey report. - Natural gas output could...

    Technip’s Second Quarter 2014 Results
    Posted On Jul 24 ,2014 - 07:35-AM | by admin

    Record backlog in both segments. Strong improvement in Subsea margin. SECOND QUARTER 2014 RESULTS HIGHLIGHTS Order intake of €7.1 billion Revenue of ...

    Statoil awarded licence offshore Colombia
    Posted On Jul 24 ,2014 - 07:28-AM | by admin

    Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. Statoil will hold 33,33% in the licence. Repsol will be the operat...

    Annual Sustainability Report released by Hess Corporation
    Posted On Jul 23 ,2014 - 07:04-PM | by admin

    Report Earns GRI Application Rating of A+ for Sixth Consecutive Year Hess Corporation (NYSE:HES) released its 2013 Corporate Sustainability Report today, a comprehensive look at the environmental, ...

    Cairn India issues financial results for the period ended 30th June, 2014
    Posted On Jul 23 ,2014 - 07:07-PM | by admin

    Cairn India Limited (CIL), today announced its quarterly financial results for the period ending 30th June, 2014. Q1 FY 15 Highlights Financial:  Revenue of ₹ 4,483 crore (...

    Ruspetro announces successful first horizontal well test
    Posted On Jul 23 ,2014 - 07:13-PM | by admin

    Ruspetro plc (LSE: RPO) today announces that a successful ten day flow test has been carried out on the Company's first multi-stage fractured horizontal well (number 214) in its Pottymsko-Inginsky lic...

    Mosman update on Acquisition of Trident Energy Limited
    Posted On Jul 23 ,2014 - 07:08-PM | by admin

    Mosman Oil and Gas Limited (AIM: MSMN) the Australia and New Zealand focused oil exploration and development company announces an update on the proposed acquisition of all the issued shares in Trident...

    Tullow receives judgment in its favour following appeal by Heritage
    Posted On Jul 23 ,2014 - 07:44-AM | by admin

    Tullow Oil plc (‘Tullow’) is pleased to announce that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and Her...

    Africa’s oil & gas sector continues to show substantial growth, despite regulatory uncertainty and corruption, according to PwC Review
    Posted On Jul 23 ,2014 - 07:24-AM | by admin

    PwC’s ‘Africa oil & gas review’ analyses what has happened in the last 12 months in the oil & gas industry within the major African markets The challenges facing oil & gas companies operating...

    Alaska LNG Project, Export Application Filed with U.S. Department of Energy
    Posted On Jul 21 ,2014 - 07:11-PM | by admin

    In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy. The export application requests au...

    Agreement to Sell 40% Stake in Greater Bualuang Area
    Posted On Jul 21 ,2014 - 07:06-PM | by admin

    Further to the Heads of Agreement announced on 5 June 2014, Salamander is pleased to announce that a definitive Share Sale and Purchase Agreement has now been signed with SONA Petroleum Berhard ("SONA...

    Commercial Production Begins at Chevron's New Premium Base Oil Plant
    Posted On Jul 21 ,2014 - 07:01-PM | by admin

    Chevron Corporation (NYSE:CVX) subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company's Pa...

    Schlumberger Announces Second-Quarter 2014 Results
    Posted On Jul 21 ,2014 - 07:49-PM | by admin

    Schlumberger Limited (NYSE:SLB) reported second-quarter 2014 revenue of $12.05 billion versus $11.24 billion in the first quarter of 2014, and $11.18 billion in the second quarter of 2013. Second-quar...

    Rosneft Statement Regarding Being Entered on OFAC Sectoral Sanctions List
    Posted On Jul 21 ,2014 - 07:40-PM | by admin

    In connection with Rosneft being included in the OFAC sectoral sanctions list, the Company is willing to state as follows: Rosneft has no influence on either political or economic processes ongoin...

    Rolta Wins Multi-million Dollar Follow-on Award for Engineering Systems for Sadara, Saudi Arabia
    Posted On Jul 21 ,2014 - 07:11-PM | by admin

    Rolta announced today that it has been awarded an additional scope of work by Sadara Chemical Company (Sadara) to implement a comprehensive Engineering Information System within Sadara's Jubail integr...

    Oilex Ltd issue update on CAMBAY-77H
    Posted On Jul 21 ,2014 - 07:02-PM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) announced that following successful mill-out operations the Cambay-77H well has commenced controlled flow-back of frac fluids with light oil/condensate being recovered...

    Union Jack Oil announce drilling operations at Wressle-1 Exploration Well (PEDL180)
    Posted On Jul 21 ,2014 - 07:38-AM | by admin

    Union Jack Oil plc (“Union Jack” or “the Company”), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocar...

    Eni signs cooperation agreement with Republic of Congo
    Posted On Jul 21 ,2014 - 07:34-AM | by admin

    The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, ...

    Well update - Norway
    Posted On Jul 21 ,2014 - 07:36-AM | by admin

    Tullow Oil plc announces that Tullow Oil Norge AS, operator of the production licence PL 507, did not encounter hydrocarbons in the Lupus exploration well (31/10-1) which will now be plugged and aban...

    Petrobras announce June oil and natural gas production
    Posted On Jul 19 ,2014 - 07:56-PM | by admin

    Petrobras announces that its June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% from May’s production of 1,975 thousand bpd. Including the production operated by Petrob...

    Petrobras sells 40% of its interest in Gasmig
    Posted On Jul 19 ,2014 - 07:27-PM | by admin

    Petrobras announces that its Board of Directors has approved the sale of its 40% interest in Gasmig to Cemig - Companhia Energética de Minas Gerais - for R$ 600 million. Gasmig is the sole distrib...

    Angola Block 15/06: N'Goma FPSO ready to sail away
    Posted On Jul 19 ,2014 - 07:05-PM | by admin

    The N’Goma FPSO is ready to sail away to the offshore site block 15/06 in Angola, following the naming ceremony held yesterday at Port Amboim. It will then commence mooring and hook-up operations. ...

    Victoria Oil & Gas announce Directorate Change
    Posted On Jul 17 ,2014 - 07:46-PM | by admin

    The Board of Directors of VOG today announces that Austen Titford has resigned as Executive Director of the Company effective 16 July 2014 for personal reasons. Austen will continue to work with the ...

    Paradigm Offers Geolog-Petrel Connector in Its Latest Geolog Release
    Posted On Jul 17 ,2014 - 07:37-PM | by admin

    Paradigm® announced today that it has released the latest version of its industry-leading Geolog® formation evaluation and petrophysics analysis solution suite. The release includes a plug-in that ...

    Clontarf Energy plc issues Update on Ghana Legal Proceedings
    Posted On Jul 17 ,2014 - 07:49-AM | by admin

    The board of Clontarf are pleased to report that an agreement has been reached with the Ghanaian authorities which clarifies the co-ordinates of the signed Petroleum Agreement on a licence Block in th...

    OMV Petrom announce oil discovery in the Black Sea
    Posted On Jul 17 ,2014 - 07:27-AM | by admin

    OMV Petrom, the largest oil and gas producer in Southeastern Europe, announces successful drilling of an exploration well offshore in Istria XVIII perimeter (shallow). Marina 1 probe identified an oil...

    Leni Gas & Oil Raises £7 million for Trinidad Investment
    Posted On Jul 17 ,2014 - 07:39-AM | by admin

    LGO today announces that the Company has raised £7 million before expenses, by way of a Company arranged placing of 200 million new ordinary shares ("the Placing Shares") at a placing price of 3.5p p...

    Neste Oil Rally
    Posted On Jul 17 ,2014 - 07:58-AM | by admin

    The Neste Oil Rally Helsinki Battle, one of the biggest free events to be held in Helsinki this summer, presents to the public one of the most talked-about rally car models of the last millennium. Juh...

    Aker Solutions Reports Second-Quarter 2014 Earnings Ahead of Split
    Posted On Jul 17 ,2014 - 07:39-AM | by admin

    Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and M...

    Negotiation of Interest Sale in Gasmig
    Posted On Jul 17 ,2014 - 07:33-AM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces that, in line with its Business and Management Plan which provides for divestment of assets abroad and in Brazil, is negotiating with Cemig - Companhi...

    Dana Gas issues update on Kurdistan Regional Government of Iraq (‘KRG’) arbitration
    Posted On Jul 16 ,2014 - 07:31-PM | by admin

    Further to its previous disclosure statements dated 22nd October 2013 and 2nd February 2014, Dana Gas wishes to update the market with regard to the international arbitration case it filed along wit...

    Tullow receives ruling on Ugandan Tax Appeals
    Posted On Jul 16 ,2014 - 07:47-PM | by admin

    Tullow Oil plc announces today that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT). Following the comp...

    Back to Permian: US Oil Comes Full Circle
    Posted On Jul 16 ,2014 - 07:03-PM | by admin

    Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas and New Mexico, where the recent shift to hor...

    Seadrill refinances three high specification ultra-deepwater units
    Posted On Jul 16 ,2014 - 07:25-PM | by admin

    Seadrill Limited ("Seadrill" or the "Company") has received commitments from 17 banks for a US$1.35 billion credit facility with a 5 year term and 10 year amortization profile to refinance the credit ...

    Roxi Petroleum plc announces exercise of options
    Posted On Jul 16 ,2014 - 07:44-PM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 125,000 new shares ("Option Shares") have been issued.

    Leni Gas announce Potential Acquisition of a Producing Oil Field in Trinidad
    Posted On Jul 16 ,2014 - 07:43-PM | by admin

    Leni Gas & Oil plc today announces the signing of a binding Heads of Agreement ("HOA") to acquire a 100% interest of the producing Trinity-Inniss Field in south-eastern Trinidad, close to the Company'...

    Whiting Petroleum Corporation To Acquire Kodiak Oil & Gas Corp.
    Posted On Jul 16 ,2014 - 07:18-AM | by admin

    Whiting Petroleum Corporation (NYSE: WLL) (“Whiting”) and Kodiak Oil & Gas Corp. (NYSE: KOG) (“Kodiak”) announced a definitive agreement pursuant to which Whiting will acquire Kodiak in an all...

    Rosneft Acquires Oil Field Services from Weatherford International
    Posted On Jul 16 ,2014 - 07:44-AM | by admin

    Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement for the acquisition of Rosneft land drilling and workover assets of W...

    Rosneft, HRT and Petrobras Agreed to Study the Possibility of Gas Monetization in the Solimões Basin
    Posted On Jul 16 ,2014 - 07:06-AM | by admin

    Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on coope...

    NRG Energy and JX Nippon Oil & Gas Exploration forms a 50/50 joint venture for Petra Nova Carbon Capture Project
    Posted On Jul 16 ,2014 - 07:19-AM | by admin

    World's Largest Post-Combustion Carbon Capture-Enhanced Oil Recovery Project to be built by NRG Energy and JX Nippon Oil & Gas Exploration NRG Energy, Inc. (NYSE:NRG), through its wholly owned subs...

    Digital Data Services Presents Maperture®- Solutions for the Oil and Gas Industry at the AAPG Annual Meeting
    Posted On Jul 16 ,2014 - 07:10-AM | by admin

    Digital Data Services, a leader in customer-focused geographic business solutions, will be exhibiting at the American Association of Petroleum Geologists (AAPG) Annual Meeting on July 21 and 22, 2014 ...

    CAMBAY - Gas Sales Agreement Endorsed
    Posted On Jul 15 ,2014 - 07:32-PM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to announce that it has received endorsement from the relevant Government of India authorities for the sale of gas from Cambay Field, specifically Cambay-73 w...

    Falcon Oil & Gas announce drilling operations update
    Posted On Jul 15 ,2014 - 07:10-PM | by admin

    Falcon Oil & Gas Ltd. (TSX VENTURE: FO)(AIM: FOG)(ESM: FAC) ("Falcon" or the "Company") announced that initial drilling operations on the Besa-D-1 well have reached total depth ("TD") of 3,000 metres ...

    Shell adds third major discovery to the Norphlet play in the Gulf of Mexico
    Posted On Jul 15 ,2014 - 07:11-PM | by admin

    Shell today announces its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well. After more than 10 years of exploration acti...

    Anadarko Provides Information About Minerals-Interest Ownership
    Posted On Jul 15 ,2014 - 07:21-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today provided a financial update, including the establishment of a new unsecured five-year credit facility, the issuance of senior notes, and the sale of We...

    Qatar Petroleum (QP) embarks on energy-saving environmental project
    Posted On Jul 15 ,2014 - 07:40-PM | by admin

    To meet the world’s growing energy demand as well as to optimize energy use while minimizing wasted energy, Qatar Petroleum (QP) has embarked on several important initiatives such as the Jetty Boil-...

    L&T Hydrocarbon Wins Order for Kuwait Oil & Gas Facility
    Posted On Jul 15 ,2014 - 07:06-PM | by admin

    L&T Hydrocarbon, wholly-owned subsidiary of India’s L&T, has secured a contract valued at KWD 239.7million (US$846mn) from Kuwait Oil Company (KOC). L&T Hydrocarbon will execute a complete Engineer-...

    Honeywell’s UOP Green Fuels Technology Selected By Petrixo To Produce Renewable Jet Fuel And Diesel
    Posted On Jul 15 ,2014 - 07:21-AM | by admin

    UOP LLC, a Honeywell (NYSE: HON) company, announced that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery...

    Tangiers Petroleum issue TAO-1 Operational Update
    Posted On Jul 15 ,2014 - 07:12-AM | by admin

    Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company") is pleased to provide an update on the drilling of the TAO-1 exploration well,located offshore Morocco. No major operatio...

    No significant imbalance in taxation of Russia’s oil and gas industries
    Posted On Jul 15 ,2014 - 07:15-AM | by admin

    The Gazprom Board of Directors took note of the information about the taxation of the gas industry. It was pointed out that Gazprom was a major taxpayer in Russia. For many years the Company has se...

    AP announce farm-out agreement on Block CI-509 offshore Côte d’Ivoire
    Posted On Jul 14 ,2014 - 07:27-AM | by admin

    African Petroleum Corporation is pleased to announce that it has entered into an agreement with Buried Hill Africa Limited (“Buried Hill”) to farm-out a 10% interest in Block CI-509 offshore Côte...

    Tullow issues Ethiopia drilling update
    Posted On Jul 14 ,2014 - 07:22-AM | by admin

    Tullow Oil plc (“Tullow”) today announces that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a total d...

    Volga-Dnepr Delivers 80t of Oil and Gas Equipment to Cape Town
    Posted On Jul 11 ,2014 - 07:28-PM | by admin

    Two freighters from Volga-Dnepr Airlines' fleet, An-124-100 and IL-76TD-90VD, were called into action to deliver more than 80t of oil and gas equipment to Cape Town in South Africa. The An-124 flig...

    Hyundai Heavy Industries Wins USD 1.94 Billion Offshore Order in UAE
    Posted On Jul 11 ,2014 - 07:11-PM | by admin

    Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today that it received a Letter of Award (LOA) for a USD 1.94 billio...

    Proposed Demerger of Aker Solutions - Publication of Information Memorandum - Impairment of Some Future Akastor Assets
    Posted On Jul 11 ,2014 - 07:52-AM | by admin

    The board of directors of Aker Solutions ASA ("Aker Solutions") has in accordance with the strategy disclosed April 30 resolved to propose to the company's shareholders that Aker Solutions be split in...

    First oil from Dua project in Vietnam
    Posted On Jul 11 ,2014 - 07:14-AM | by admin

    Santos today announced that oil production has commenced from the Dua oil project, offshore Vietnam. Sanctioned in August 2012, Dua is a three-well subsea tie-back to the existing Chim Sáo facilit...

    Leni announce Goudron Drilling and Infrastructure Update
    Posted On Jul 11 ,2014 - 07:05-AM | by admin

    LGO today announces that the fourth of its planned Goudron development wells, GY-667, was successfully spudded yesterday at 1530 hrs T&T time and is now drilling ahead in the Goudron Sandstones. ...

    Roxi Petroleum announce Licence extension and operational update
    Posted On Jul 11 ,2014 - 07:09-AM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a licence extension and of operational progress at its Galaz asset. Galaz The ...

    Q2 2014 Operational Update announced by Mediterranean Oil & Gas
    Posted On Jul 11 ,2014 - 07:42-AM | by admin

    The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce the following operational update for the three months ended 30 June 2014. Production and Revenues Production: MOG's ...

    Bue oil discovery and Pil resources range update, Norwegian Sea
    Posted On Jul 11 ,2014 - 07:41-AM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...

    Gazprom to boost gas supply to Croatia
    Posted On Jul 11 ,2014 - 07:18-AM | by admin

    A Gazprom delegation paid a working visit to the Republic of Croatia. As part of the visit, meetings were held with Ivo Josipovic, President of the Republic of Croatia and Zoran Milanovic, Croatian P...

    Chevron Issues Interim Update for Second Quarter 2014
    Posted On Jul 11 ,2014 - 07:59-AM | by admin

    Chevron Corporation (NYSE:CVX) today reported in its interim update that earnings for the second quarter 2014 are expected to be higher than first quarter 2014 as a result of gains on asset sales and ...

    Philips strengthens Nigeria’s ambition to improve energy efficiency
    Posted On Jul 11 ,2014 - 07:38-AM | by admin

    Royal Philips (AEX: PHIA, NYSE: PHG) , the global leader in lighting, unveiled a stunning lighting makeover of the well-renowned Nigerian National Arts Theater in Lagos, one of the most iconic buildin...

    Eni sells its stake in EEV to German EnBW
    Posted On Jul 11 ,2014 - 07:26-AM | by admin

    Eni sells its stake in EnBW Eni Verwaltungsgesellschaft (EEV), equal joint venture which controls the companies Gasversorgung Süddeutschland (GVS) and terranets bw, to its current partner EnBW (Ener...

    African Petroleum announce new contract in Sierra Leone
    Posted On Jul 11 ,2014 - 07:33-AM | by admin

    African Petroleum Corporation is pleased to announce that its wholly owned subsidiary African Petroleum Sierra Leone Limited has signed a contract to acquire more than 1,000 sq km of 3D seismic data o...

    Alba to invest in drill ready onshore UK oil and gas project
    Posted On Jul 11 ,2014 - 07:27-AM | by admin

    Alba Mineral Resources plc (AIM:ALBA) ("Alba" or the "Company"), the UK based exploration company, is pleased to announce that it has signed a binding Heads of Agreement with Horse Hill Developments L...

    Pemex signs agreement of cooperation with the British Council in training
    Posted On Jul 10 ,2014 - 07:19-PM | by admin

    Pemex signed a Memorandum of Understanding with the British Council to promote the training of their workers. The agreement was signed by the director general of Pemex, Emilio Lozoya Austin; Britain's...

    Pemex-Gas and Basic Petrochemicals OAT selected for the Engineering, Procurement and Construction of the Ramones II project
    Posted On Jul 10 ,2014 - 07:04-PM | by admin

    Pemex Gas and Basic Petrochemicals (PGPB), through its subsidiary Northern Pipelines Tag (Tag North) did a thorough analysis of companies and consortia to ensure technical expertise and ability to dev...

    Lundin Petroleum sells assets in the Komi Region, Russia
    Posted On Jul 10 ,2014 - 07:36-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into an agreement with Arawak Energy Russia BV (Arawak), to sell Lundin Petroleum’s entire interests in the Sotchemy...

    Premier issues Trading and Operations Update
    Posted On Jul 10 ,2014 - 07:48-AM | by admin

    Premier today provides an Operations Update summarising key activities since the Interim Management Statement on 14 May 2014 and a Trading Statement in respect of its half year financials to 30 June 2...

    NOVATEK reports preliminary operating data for second quarter and first half 2014
    Posted On Jul 10 ,2014 - 07:55-AM | by admin

    In the second quarter 2014, NOVATEK’s gross production totaled 15.59 billion cubic meters (bcm) of natural gas and 1,356 thousand tons of liquids (gas condensate and crude oil), resulting in an incr...

    Petrofac awarded US$700 million project in Kuwait
    Posted On Jul 10 ,2014 - 07:24-AM | by admin

    Petrofac, the international oil and gas services provider has received an award notification for Kuwait Oil Company's (KOC) gathering centre 29 (GC29) which is located approximately 70 km north of Kuw...

    Paradigm Renews its Agreement with Mira Geoscience
    Posted On Jul 10 ,2014 - 07:33-AM | by admin

    Paradigm® announced today that it has renewed its value added reseller agreement with Mira Geoscience for the delivery of Paradigm SKUA-GOCAD™ modeling software to the global mining industry. ...

    Technip, in a consortium with Wijaya Karya, secures onshore contract for the Matindok Gas Development project
    Posted On Jul 10 ,2014 - 07:02-AM | by admin

    Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Ind...

    Roxi Petroleum announce discovery at BNG, Kazakhstan
    Posted On Jul 09 ,2014 - 07:35-AM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a discovery at its flagship BNG asset. The BNG Contract Area is located in the ...

    New Drilling Campaign starts at Mtsare Khevi Gas Complex In Georgia
    Posted On Jul 09 ,2014 - 07:32-AM | by admin

    Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company ("Frontera" or the "Company"), today announced that it h...

    Victoria Oil & Gas announces Gas Supply & Operations Update, Douala, Cameroon
    Posted On Jul 09 ,2014 - 07:25-AM | by admin

    Victoria Oil and Gas Plc, the emerging African energy utility company, today announces an update on its Logbaba gas supply operations in the industrial port city of Douala, Cameroon, operated by wholl...

    Petroceltic completes Algeria farm-out transaction
    Posted On Jul 09 ,2014 - 07:59-AM | by admin

    Petroceltic International plc ("Petroceltic" or "the Company"), the independent oil and gas exploration and production company focused on the Middle East, North Africa, Mediterranean and Black Sea reg...

    Ardan Operations Update & Corporate Presentation
    Posted On Jul 09 ,2014 - 07:35-AM | by admin

    Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, is pleased to provide a positive operations update from the Company's primary investment, Ardan R...

    Technip awarded a new framework agreement by Statoil, Exxon Mobil and Gassco
    Posted On Jul 08 ,2014 - 07:34-PM | by admin

    Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replace...

    CCP Composites and Polynt Group link up
    Posted On Jul 08 ,2014 - 07:49-AM | by admin

    CCP Composites, a Total company specialized in composite resins, and Polynt Group, a provider of intermediate polymers and composites, are planning to combine to create an integrated composite resins ...

    RWE Dea completes three successful appraisal wells in its Egyptian Sidi Salem South East Fields
    Posted On Jul 08 ,2014 - 07:32-AM | by admin

    RWE Dea has completed three appraisal wells in the Egyptian Sidi Salem South East-1 and Sidi Salem South East-2 Gas Fields from March to May 2014 with the aim of de-risking reserves and reducing uncer...

    Tap Oil gives update on Manora oil development
    Posted On Jul 07 ,2014 - 07:01-PM | by admin

    Tap Oil Limited (ASX:TAP) provides the following update on the Manora oil development in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, the operator of the Manora joint vent...

    IBM Research launches 10-year initiative to support China in transforming its national energy systems
    Posted On Jul 07 ,2014 - 07:44-PM | by admin

    IBM (NYSE: IBM) has announced that it is deploying the full force of its researchers in laboratories around the world in a 10-year initiative to support China in transforming its national energy syste...

    Discovery of a new oil field in Chile
    Posted On Jul 07 ,2014 - 07:09-PM | by admin

    GeoPark Limited ("GeoPark") (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil and Argentina, today an...

    Tethys increases interest in Rietavas licence onshore Lithuania
    Posted On Jul 07 ,2014 - 07:37-PM | by admin

    Tethys Oil AB has increased its indirect interest in the Rietavas licence onshore Lithuania from 14% to 30% as joint venture partner Chevron elects to leave the licence. The work programme, focused ...

    Oryx Petroleum Announces Production and Appraisal Drilling Update for Demir Dagh Field in Kurdistan Region of Iraq
    Posted On Jul 07 ,2014 - 07:31-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces a production and drilling update for the Demir Dagh field in the Hawler license area in the Kurdistan...

    UK oil and gas reserves updated estimates
    Posted On Jul 07 ,2014 - 07:17-PM | by admin

    Department of Energy & Climate Change (DECC) published its annual updated estimates of UK oil and gas reserves DECC estimates which show UK oil and gas reserves and resources are in the range of 11...

    AOC agrees to acquire Hanjin Group's stake in S-Oil
    Posted On Jul 07 ,2014 - 07:53-PM | by admin

    Aramco Overseas Company B.V. (“AOC”) has agreed in principle to acquire the Hanjin Group’s (the “Group”) entire stake in S-OIL Corporation (“S-OIL”) comprising approximately 32 million s...

    GDF SUEZ, acquires Lend Lease’s UK FM assets
    Posted On Jul 07 ,2014 - 07:33-AM | by admin

    GDF SUEZ through its Cofely subsidiary has completed the purchase(2) of Lend Lease Group’s UK facilities management (FM) business (LLFM). This acquisition will make Cofely one of the UK’s large...

    Dragon Oil issues Baragatan Exploration Well Update
    Posted On Jul 07 ,2014 - 07:28-AM | by admin

    Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, advises that Nido Petroleum Philippines Limited (ASX: NDO) ("Nido"), Dragon Oil's partner in...

    Nido Petroleum announces Baragatan-1A well update
    Posted On Jul 07 ,2014 - 07:30-AM | by admin

    Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”) on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (Philippines SC 63) Limited wishes to advise that the Baragatan-1A ...

    North Sea oilfield redevelopment to be sealed by Roxtec
    Posted On Jul 07 ,2014 - 07:40-AM | by admin

    Cable and pipe seal manufacturer Roxtec has won a major contract to supply one of the largest and deepest oil sea developments in the North Sea. Roxtec's UK and Korean operations are working with g...

    Oilex restarts fracture stimulation operations
    Posted On Jul 07 ,2014 - 07:48-AM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) announced that Fracture Stimulation Operations (Frac Ops) have recommenced following repairs to the frac tree. As a precaution, mobilisation of a spare frac tree has c...

    Fastnet Oil & Gas plc provides operational update
    Posted On Jul 07 ,2014 - 07:12-AM | by admin

    Fastnet (AIM: FAST, ESM: FOI), the UK and Irish listed E&P company focussed on near term exploration and appraisal acreage in Morocco and the Celtic Sea, is pleased to announce that its wholly owned s...

    Mosman announce Petroleum Creek Project Weekly Drilling Update
    Posted On Jul 07 ,2014 - 07:51-AM | by admin

    Mosman Oil & Gas (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company, advises on the latest progress on its drilling programme at the Petroleum Creek Project, N...

    Faroe announces Butch South West exploration well results
    Posted On Jul 07 ,2014 - 07:47-AM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that drilli...

    Aker Advantage recruitment agency used to ease MMO overcapacity
    Posted On Jul 07 ,2014 - 07:28-AM | by admin

    Aker Solutions is transferring employees to a new subsea engineering hub in Stavanger and using the Aker Advantage recruitment agency to find work for more than 200 employees impacted by the slowdown ...

    Xcite enters into a Memorandum of Understanding ("MOU") with Aibel AS
    Posted On Jul 04 ,2014 - 07:59-AM | by admin

    Xcite Energy (TSX VENTURE: XEL) (LSE: XEL) (AIM: XEL) announces that its 100% subsidiary, Xcite Energy Resources Limited ("XER"), has entered into a Memorandum of Understanding ("MOU") with Aibel AS (...

    Lundin sells an additional 15 percent interest in PL359
    Posted On Jul 04 ,2014 - 07:41-AM | by admin

    Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) announced that it has entered into an agreement to sell an additional...

    BGS maps help understand relationship between groundwater and fracking.
    Posted On Jul 04 ,2014 - 07:43-AM | by admin

    The British Geological Survey (BGS) in partnership with The Environment Agency (EA) have today, for the first time, published a series of maps which show the depth to each shale gas and oil source roc...

    Mosman Oil & Gas confirms Petroleum Creek discovery
    Posted On Jul 04 ,2014 - 07:19-AM | by admin

    Mosman Oil & Gas, the New Zealand and Australia focussed oil exploration and development company, has announced an update on its Petroleum Creek Project, onshore New Zealand. As previously reporte...

    New hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago
    Posted On Jul 04 ,2014 - 07:42-AM | by admin

    Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad. The find in the TB14 well has upgraded the northern po...

    New facility in Jebel Ali Free Zone,UAE for GE Oil & Gas
    Posted On Jul 04 ,2014 - 07:41-AM | by admin

    GE Oil & Gas (NYSE: GE) celebrated the ground-breaking of a new facility that will further expand its presence in the UAE in Jebel Ali Free Zone (Jafza). Scheduled to open in 2015, the new facility...

    PetroNeft announces completion of Licence 61 Farmout
    Posted On Jul 04 ,2014 - 07:07-AM | by admin

    PetroNeft (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, announced the completion of the Licence 61 Farmout to Oil India Limited ("OIL")....

    Chariot Oil & Gas issues resource update in Rabat Deep Offshore, Morocco
    Posted On Jul 04 ,2014 - 07:34-AM | by admin

    Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Lt...

    Songa Offshore SE announce June 2014 fleet update
    Posted On Jul 04 ,2014 - 07:45-AM | by admin

    Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 100% during the month working for Statoil in Norway. Songa Delta achieved an operational efficiency of 100% and an e...

    Technip awarded contract by Total E&P UK
    Posted On Jul 04 ,2014 - 07:33-AM | by admin

    Technip was awarded a contract by Total E&P UK for the Edradour Subsea Development, located approximately 75 kilometers North West of the Shetland Islands, in approximately 300 meters of water. Tec...

    UK became a net importer of petroleum products in 2013
    Posted On Jul 03 ,2014 - 07:22-PM | by admin

    Fossil fuels (petroleum and other liquids, natural gas, and coal) account for most of the United Kingdom's (UK) energy consumption. Although renewable energy use is growing, particularly in the electr...

    High Performance Computing System for Industrial Oil and Gas activities now operational at ENI
    Posted On Jul 03 ,2014 - 07:33-AM | by admin

    Eni has put into operation its second major HPC system. The new supercomputer has an innovative approach based on the usage of accelerators to implement a so called “hybrid cluster architecture‘. ...

    100% NEXBTL renewable diesel to reduce the carbon footprint of this year's Flow Festival
    Posted On Jul 03 ,2014 - 07:47-AM | by admin

    Neste Oil is supporting the environmental goals of this year's Flow Festival in Helsinki by supplying 100% NEXBTL renewable diesel to generate electricity for the event. Thanks to NEXBTL diesel produc...

    Goudron Well GY-666 drilled to a total depth of 3,357 feet
    Posted On Jul 03 ,2014 - 07:35-AM | by admin

    Leni Gas & Oil PLC announces that well GY-666 has been successfully drilled to a total depth of 3,357 feet measured depth and that analysis of the electric logs has indicated the presence of a total o...

    Getech Group signs contract for delivery of its US gravity dataset
    Posted On Jul 03 ,2014 - 07:58-AM | by admin

    Getech (AIM; GTC), the geoscience business specialising in the provision of data, studies and services to the oil, gas and mining exploration sectors, announces it has won a new contract with a total ...

    Block 22/12b, Central North Sea, Update issued by Enegi Oil
    Posted On Jul 03 ,2014 - 07:42-AM | by admin

    Enegi Oil Plc, the independent Oil and Gas Company, today provides the following update on Block 22/12b in the Central North Sea which contains the Phoenix Discovery (the "Phoenix Field"). The wo...

    Offshore Malta Update issued by Mediterranean Oil & Gas
    Posted On Jul 03 ,2014 - 07:20-AM | by admin

    Mediterranean Oil & Gas Plc has received formal notification from Phoenicia Energy Company Ltd (a wholly owned subsidiary of Genel Energy plc), the operator of the Area 4 licence offshore Malta (MOG 2...

    Regulatory Approval Received for Acquisition of Caracal by Glencore
    Posted On Jul 03 ,2014 - 07:37-AM | by admin

    Caracal Energy Inc. ("Caracal" or the "Company") (LSE:CRCL) announced that Glencore plc ("Glencore") has received Investment Canada Act approval in connection with the plan of arrangement to effect th...

    Total acquires a 60% interest in Glenlivet
    Posted On Jul 03 ,2014 - 07:25-AM | by admin

    Total, together with its partner DONG, has decided to launch the development of the Edradour gas field in the West of Shetland area, and has in addition acquired a 60% interest in the neighboring Gle...

    Oil discovery in Barents Sea, offshore Norway
    Posted On Jul 03 ,2014 - 07:39-AM | by admin

    Tullow Oil plc (“Tullow”) announces that the Hanssen wildcat well, in production licence 537, offshore Norway, has encountered a 20-25 metre oil bearing sandstone with good reservoir properties in...

    TopPlayerz Limited successfully completes first Amnesty JAMB training programme in Nigeria
    Posted On Jul 02 ,2014 - 07:58-PM | by admin

    TopPlayerz a multidisciplinary organisation that has full and tested competence in delivering knowledge management to persons in various segments. Our specialty includes training, seminars, workshops ...

    Total in Exclusive Talks with UGI Corporation, Parent Company of Antargaz, to Sell Totalgaz
    Posted On Jul 02 ,2014 - 07:15-PM | by admin

    Total today announced that it has entered into exclusive negotiations with UGI Corporation*, the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all out...

    Gas Discovery at Toro
    Posted On Jul 02 ,2014 - 07:14-AM | by admin

    Woodside advises that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150 metres gross gas and 65 metres net gas within the Mungaroo Formation target. The well reached ...

    Salamander announces the spud of the North Kendang-2 exploration well
    Posted On Jul 02 ,2014 - 07:40-AM | by admin

    Salamander announces the spud of the North Kendang-2 exploration well (“NK-2”), a re-drill of the North Kendang-1 (“NK-1”) well in the South East Sangatta PSC. Salamander has a 75% operated in...

    CGG Opens Myanmar Subsurface Imaging Center
    Posted On Jul 02 ,2014 - 07:47-AM | by admin

    CGG announced today its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is th...

    Northern Petroleum announce Canadian operations and production update
    Posted On Jul 02 ,2014 - 07:36-AM | by admin

    Northern Petroleum, the AIM quoted oil company focusing on production led growth, provides the following operations and production update on the Virgo redevelopment project in north west Alberta, Cana...

    Kvaerner and China Offshore Oil Engineering Co. Ltd (COOEC) have established an Engineering Joint Venture
    Posted On Jul 02 ,2014 - 07:00-AM | by admin

    Kvaerner COOEC Engineering & Technology Ltd (KCET), located in Qingdao, Shandong, China. KCET is established to carry out and further develop joint engineering capability for international EPC project...

    Premier says First gas achieved under the Domestic Swap Agreement, Indonesia
    Posted On Jul 02 ,2014 - 07:49-AM | by admin

    Premier Oil plc announce that first gas under the Domestic Swap Agreement (DSA) commenced on 1 July 2014. Premier will supply up to an additional 40 BBtud (gross) from its operated Natuna Sea Block A...

    Tethys Petroleum announce Kazakhstan Gas Well Testing Programme Results
    Posted On Jul 02 ,2014 - 07:27-AM | by admin

    Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL) announce the test results from AKK17, AKK18, AKK19 and AKK20; the first four shallow gas exploration wells of its 2014 programme. The AKK17, ...

    Oilex announce Cambay-77H Well -Fracture Stimulation Operations Update
    Posted On Jul 02 ,2014 - 07:03-AM | by admin

    Oilex Ltd (ASX: OEX, AIM: OEX) announce that Stage 1 fracture stimulation (frac) has been successfully completed. Subsequently, Cambay-77H started unaided flowback with indications of gas at surface...

    Mosman Oil and Gas announce acquisition of Trident Energy Limited
    Posted On Jul 02 ,2014 - 07:55-AM | by admin

    Mosman Oil and Gas Limited (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company, has entered into a binding Bid Implementation Agreement ("BIA") pursuant to whic...

    Tullow Oil plc issues summary of recent operational activities
    Posted On Jul 02 ,2014 - 07:07-AM | by admin

    Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 30 June 2014. This is in advance of the Gro...

    Saudi Aramco joins the speaker panel for Corrosion Under Insulation Forum
    Posted On Jul 02 ,2014 - 07:57-AM | by admin

    Ali Morshed, Corrosion Engineering Specialist at Saudi Aramco will share his expertise at the Corrosion Under Insulation Forum. Assets in offshore oil and gas operations are most vulnerable to corr...

    ExxonMobil Announces Antwerp Refinery Investment of More Than $1 Billion
    Posted On Jul 02 ,2014 - 07:06-AM | by admin

    ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., announced today it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher...

    Pre-salt production breaks new record and surpasses 500 thousand barrels of oil per day
    Posted On Jul 02 ,2014 - 07:03-AM | by admin

    Petrobras announces that oil production in the fields operated by Petrobras in the Santos and Campos Basins pre-salt areas has exceeded 500 thousand barrels per day (bpd) – reaching 520 thousand bpd...

    Anadarko Announces Pricing of $1.25 Billion of Senior Notes
    Posted On Jul 02 ,2014 - 07:51-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced it has priced its registered public offering of $1.25 billion aggregate principal amount of senior notes comprised of $625 million 3.450-perc...

    Petrobras’ May oil production in Brazil up 2.2%
    Posted On Jul 02 ,2014 - 07:45-AM | by admin

    Petrobras announces that its May oil production in Brazil averaged 1,975 thousand barrels/day (bpd), up 2.2% from April’s production of 1,933 thousand bpd. Including the production operated by Petr...

    Palomar Natural Resources to Develop the Siekierki and Rawicz Gas Fields
    Posted On Jul 01 ,2014 - 07:10-PM | by admin

    San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, is delighted to announce that it has signed a joint venture agreement with Palomar Natural Resour...

    Regal Petroleum issues Ukraine Update
    Posted On Jul 01 ,2014 - 07:20-PM | by admin

    Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, announce an update of operational activities at its 100% owned and operated Mekhediviska-Golotvshinska (MEX...

    Study Prepared by Neste Jacobs Supports the Establishment of Arctic Environmental Protection Centre in Finland
    Posted On Jul 01 ,2014 - 07:40-PM | by admin

    Technology, engineering and project management company Neste Jacobs recommends, on the basis of the evaluation the company carried out, the establishment of Arctic Environmental Protection Centre in F...

    Encana reaches agreement with Jupiter Resources
    Posted On Jul 01 ,2014 - 07:48-PM | by admin

    Encana has reached an agreement with Calgary, Alberta-based Jupiter Resources to sell its Bighorn assets for approximately US$1.8 billion (C$2.0 billion). "This transaction advances our strategy by...

    Serinus Energy issues update on its operations in Ukraine
    Posted On Jul 01 ,2014 - 07:17-PM | by admin

    Serinus Energy Inc. (“Serinus”, “SEN” or the “Company”) (TSX:SEN, WSE:SEN), announces an update on its operations in Ukraine. Due to a deteriorating security situation, the Company has ...

    Apache completes sale of Lucius and Heidelberg development
    Posted On Jul 01 ,2014 - 07:17-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) announced that it has completed the previously disclosed sale of non-operated interests in the Lucius and Heidelberg development projects and 11 primary term de...

    Turkmenistan President receives Eni CEO
    Posted On Jul 01 ,2014 - 07:56-PM | by admin

    Turkmenistan's President Gurbanguly Berdimuhammedov received Eni CEO Claudio Descalzi to discuss Eni's presence and operations in the Country and opportunities for future cooperation. The President...

    Dudgeon Offshore Wind Farm gets green light
    Posted On Jul 01 ,2014 - 07:55-PM | by admin

    Statoil and Statkraft have decided to start building the Dudgeon Offshore Wind Farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will pro...

    Max Petroleum announce commissioning of pipeline and terminal facility
    Posted On Jul 01 ,2014 - 07:59-AM | by admin

    Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces that in June it commissioned a new oil pipeline, and associated Makat oil terminal facility, connecting its Zhana Makat field...

    PetroNeft Resources issue update on licence 61 farmout
    Posted On Jul 01 ,2014 - 07:13-AM | by admin

    PetroNeft (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on the Licence 61 Farmout to Oil India Limited. ...

    SEPLAT Petroleum Development Company issues Interim Management Statement
    Posted On Jul 01 ,2014 - 07:30-AM | by admin

    Seplat Petroleum Development Company plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company, listed on both the NSE and LSE, today announces its Interim Managemen...

    Lekoil annouce directorate change
    Posted On Jul 01 ,2014 - 07:11-AM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, announces that Non-Executive Director Mr Atedo Peterside has notified the Company of his...

    Africa Oilfield Logistics Limited give Trading Update
    Posted On Jul 01 ,2014 - 07:05-AM | by admin

    Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, announce a positive trading update from the Company's primary investment, Ardan Risk & Support Se...

    First Extended Well Test gets underway at Iara with excellent results
    Posted On Jul 01 ,2014 - 07:52-AM | by admin

    Petrobras announces that the Extended Well Test (EWT) in the evaluation area known as Iara started-up on June 21, in block BM-S-11, some 300 km off the coast and at a water depth of approximately 2,20...

    3rd Annual LatAm HSSE in Energy
    Posted On Jul 01 ,2014 - 07:09-AM | by admin

    Work-generated illnesses, injuries and deaths are often seen as an unintended consequences. With 2 million occupational accidents occurring in Latin America, there is no better time than now to involv...

    3rd Annual Plant Reliability & Major Maintenance
    Posted On Jul 01 ,2014 - 07:52-AM | by admin

    The 3rd Annual Plant Reliability & Major Maintenance Summit will talk about the importance of implementing initiatives that will help companies improve the way they operate and manage their risks. Mov...

    Premier Oil plc issues disposal programme update
    Posted On Jul 01 ,2014 - 07:34-AM | by admin

    Premier announce that it has sold its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million. MOL will assume the liabilities...

    Sale of Block A Aceh, onshore Indonesia
    Posted On Jul 01 ,2014 - 07:31-AM | by admin

    Premier Oil plc announced the sale of its wholly owned subsidiary Premier Oil Sumatra North BV (POSN) to KrisEnergy Asia Holdings B.V. POSN holds a non-operated 41.67 per cent equity interest in Block...

    Noble Energy Announces Letter Of Intent For Leviathan Export
    Posted On Jun 30 ,2014 - 06:36-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced the execution of a non-binding Letter of Intent (LOI) between the Leviathan field partners and BG International Limited (BG) for the supply of natural ga...

    Technip-DeepOcean PRS joint venture awarded frame agreement by Statoil
    Posted On Jun 30 ,2014 - 06:41-AM | by admin

    The Technip-DeepOcean PRS Joint Venture (JV) was awarded by Statoil ASA a new frame agreement for Pipeline Repair System* (PRS) Pool services. Starting on December 1st, 2014, the agreement will have a...

    Technip wins program management consultancy contract for the RAPID project
    Posted On Jun 30 ,2014 - 06:23-AM | by admin

    Technip, leader of a joint venture with Fluor, was awarded a substantial(1) Program Management Consultancy (PMC) contract by PETRONAS for the Refinery and Petrochemical Integrated Development (RAPID) ...

    Aker Solutions Wins Five-Year Contract From Statoil for Mariner Project
    Posted On Jun 30 ,2014 - 06:17-AM | by admin

    Aker Solutions secured a contract from Statoil to provide maintenance and modifications services for the Mariner oilfield development in the UK North Sea. The five-year framework agreement also has...

    Neste Oil to change its organization and the composition of the Neste Executive Board
    Posted On Jun 18 ,2014 - 06:14-PM | by admin

    Neste Oil is to change its structure and organization, in response to developments that have taken place in its businesses and operating environment in recent years. "Neste Oil has changed rapidly ...

    Total and Amyris Renewable Jet Fuel Ready for Use in Commercial Aviation
    Posted On Jun 18 ,2014 - 06:53-PM | by admin

    Renewable jet fuel developed by Total & Amyris meets newly updated ASTM Standard for Jet A/A1 With the newly revised ASTM standard for jet fuel, Amyris (Nasdaq: AMRS) and Total (CAC: TOTF.PA) toda...

    ExxonMobil Receives Excellence Award for Technical Development at World Petroleum Congress
    Posted On Jun 18 ,2014 - 06:50-PM | by admin

    Industry leadership in producing liquefied natural gas (LNG) earned Exxon Mobil Corporation (NYSE:XOM) an Excellence Award today at the World Petroleum Congress in Moscow. ExxonMobil received the E...

    SCDM Energie Adopts Paradigm SeisEarth for Seismic Interpretation and Visualization
    Posted On Jun 18 ,2014 - 06:40-PM | by admin

    Multi-survey solution selected for its high interactivity, ease-of-use and advanced interpretation tools Paradigm® announced that SCDM Energie has adopted Paradigm SeisEarth® as part of its corp...

    Noble Energy Announces Deepwater Gulf Of Mexico Acreage Addition And Participation In New Exploration Prospect
    Posted On Jun 18 ,2014 - 06:34-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP's interest in 17 deepwater exploration leases in the G...

    Eni 2014 Award
    Posted On Jun 18 ,2014 - 06:08-PM | by admin

    The award ceremony for the Eni Award 2014 edition was held today at the Quirinale and attended by the President of the Italian Republic, Giorgio Napolitano, the Chairman of Eni, Emma Marcegaglia and t...

    Statoil awards Mariner helicopter contract to CHC UK
    Posted On Jun 18 ,2014 - 06:52-PM | by admin

    Statoil (U.K.) Limited has awarded the helicopter transportation contract for the Mariner field to CHC Helicopter in the UK. The contract calls for CHC to operate two Sikorsky S-92 aircraft on beha...

    Statoil makes another high-impact gas discovery offshore Tanzania
    Posted On Jun 18 ,2014 - 06:48-PM | by admin

    The discovery in the Piri prospect is Statoil and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. The discovery of an additional two to ...

    Neste Oil has successfully tested using recycled oil as a traffic fuel feedstock
    Posted On Jun 18 ,2014 - 06:21-PM | by admin

    Neste Oil recently produced its first batch of traffic fuel from recycled lubricants. Following treatment, spent lubricating oil can be reused as a feedstock for producing gasoline and diesel fuel. Ne...

    Chevron Announces Sale of Interests in Chad and Cameroon
    Posted On Jun 18 ,2014 - 06:49-PM | by admin

    Chevron Corporation (NYSE: CVX) announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related ...

    Drilling is underway in the Oi-2 well in Petroleum Mining Permit 38158
    Posted On Jun 13 ,2014 - 06:44-PM | by admin

    Drilling operations began at 5.30 this morning New Zealand time. The current operation is drilling ahead with a 36 inch drill to 228 metres. Oi is about 37 kilometres off the coast of Taranaki, New...

    Tower announces Welwitschia-1A Drilling Update
    Posted On Jun 13 ,2014 - 06:41-AM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited...

    EnQuest acquires operated interest in the producing Seligi oil field and PM8 PSC in Malaysia
    Posted On Jun 13 ,2014 - 06:42-AM | by admin

    EnQuest PLC, through its wholly owned subsidiary EQ Petroleum Production Malaysia Ltd, (“EnQuest” or the “Company”) is pleased to announce the agreement to acquire ExxonMobil Exploration and P...

    Nexus Energy Limited (ASX: NXS) placed in voluntary administration
    Posted On Jun 13 ,2014 - 06:20-AM | by admin

    Independent restructuring and corporate advisory firm McGrathNicol announce today that Partners Matthew Caddy, Tony McGrath and Jason Preston have been appointed joint and several Voluntary Administra...

    Union Jack Oil announce £1.4 million Placing
    Posted On Jun 13 ,2014 - 06:32-AM | by admin

    The Directors of Union Jack Oil plc (UJO: AIM), are pleased to announce that the Company has raised £1.4 million (before expenses) through a placing (the "Placing") of 560,284,640 new ordinary shares...

    Tullow refinances it s Norwegian exploration loan facility
    Posted On Jun 13 ,2014 - 06:12-AM | by admin

    Tullow Oil plc (Tullow) is pleased to announce that it has refinanced its NOK 2 billion (ca. $330 million) Norwegian exploration loan facility and that it has successfully increased the size of the fa...

    The CLOV deepwater development comes on stream in Angola
    Posted On Jun 13 ,2014 - 06:38-AM | by admin

    The large CLOV field in Block 17 offshore Angola came on stream on June 12 in line with the initial project schedule. Statoil has a 23.33% interest in Block 17, which is operated by Total (40%). Th...

    Oryx Petroleum Announces Spudding of Banan-2 Appraisal well in the Hawler License Area in the Kurdistan Region of Iraq
    Posted On Jun 12 ,2014 - 06:00-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces that the Banan-2 appraisal well (“BAN-2”) has been spudded in the Hawler license area in the Kurd...

    Eni signs a strategic agreement with KazMunayGas
    Posted On Jun 12 ,2014 - 06:04-PM | by admin

    In the presence of the President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the Italian Prime Minister, Matteo Renzi, KazMunayGas’ (KMG) Chairman of the Management Board, Sauat Mynbaye...

    Noble Energy Announces Plans To Form Marcellus Midstream MLP
    Posted On Jun 12 ,2014 - 06:53-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that it and CONSOL Energy Inc. have submitted a confidential draft Registration Statement on Form S-1 to the U.S. Securities and Exchange Commission rela...

    Total increases Block 17 production to 700,000 barrels per day in Angola
    Posted On Jun 12 ,2014 - 06:02-AM | by admin

    Total, operator of Block 17 in Angola, today started up CLOV, a major deep offshore development located 140 kilometers offshore Luanda, in line with the initial project schedule. With a production cap...

    Cap Energy announce disposal by Employee Benefit Trust
    Posted On Jun 12 ,2014 - 06:25-AM | by admin

    Cap Energy PLC, a company listed on the ISDX Growth Market focused on the exploration, production, and development of oil and gas in sub-Saharan Africa, announces that on 6 June 2014 Cap Energy T...

    Sound Oil plc announce Laura Gas Discovery - Permit Award
    Posted On Jun 12 ,2014 - 06:39-AM | by admin

    Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to announce that it has received the formal award of the D.R74.AP Permit (previously the D150DR-CS Permit) from...

    Enegi Oil Plc says MoU agreed with Wood Group PSN for investment into the marginal field initiative
    Posted On Jun 12 ,2014 - 06:19-AM | by admin

    Enegi, the independent oil and gas company, announced the execution of a non-binding Memorandum of Understanding ("MoU") between ABT Oil and Gas Ltd. ("ABTOG", the marginal field development venture i...

    Premier Oil announce UK Government approval of Catcher
    Posted On Jun 12 ,2014 - 06:41-AM | by admin

    Premier Oil plc (Premier) is pleased to announce that it has received approval of its Catcher area Field Development Plan (FDP) from the UK Department of Energy and Climate Change. The Premier-ope...

    Victoria Oil & Gas announce Genset Connections and Thermal Update, Cameroon
    Posted On Jun 12 ,2014 - 06:20-AM | by admin

    Highlights Completion of first phase of gas-power supply in Douala, Cameroon · Three electricity generation sets ("Genset") units now online at Guinness Brewery · These are in addition...

    Leni issues Goudron drilling update
    Posted On Jun 11 ,2014 - 06:34-PM | by admin

    Leni Gas & Oil plc confirmed that well GY-665 has been cased to a depth of 2,736 feet and that petrophysical analysis of the electric logs run to total depth have indicated the presence of a total of...

    LUKOIL Granted the right to recover costs and receive remuneration at West Qurna-2
    Posted On Jun 11 ,2014 - 06:22-PM | by admin

    LUKOIL Overseas (the Operator of LUKOIL's overseas upstream projects) has informed Iraq’s Ministry of Oil that it has fulfilled its contractual obligations for first commercial production at West Qu...

    OPEC 165th Meeting concludes
    Posted On Jun 11 ,2014 - 06:25-PM | by admin

    The 165th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Vienna, Austria, on 11 June 2014 under the Chairmanship of its President, HE Omar Ali El...

    Getech Group announce new contract worth $2m
    Posted On Jun 11 ,2014 - 06:55-AM | by admin

    Getech (AIM; GTC), the geoscience business specialising in the provision of data, studies and services to the oil, gas and mining exploration sectors, announces it has won a major new contract with a ...

    Alkane comments on completion of transfer of onshore shale gas business
    Posted On Jun 11 ,2014 - 06:08-AM | by admin

    Alkane Energy plc (AIM: ALK), is pleased to note the announcement made today by Egdon Resources Plc ("Egdon") in which Egdon stated that it has received approval from DECC in relation to its acquisiti...

    Egdon gives update on transfer of onshore shale gas business
    Posted On Jun 11 ,2014 - 06:24-AM | by admin

    Further to the announcement of 5 June 2014, Egdon wishes to notify that it has now obtained consent from DECC for the transfer of licences from Alkane. As a consequence, admission of the new ordinary...

    EIA's U.S. Energy Mapping System is now accessible on all mobile devices
    Posted On Jun 11 ,2014 - 06:11-AM | by admin

    With the 2014 hurricane season now underway, the U.S. Energy Information Administration (EIA) is making it possible for the public to track from all types of mobile devices and tablets the power plant...

    SOCO and WWF agree way forward on future activity in Virunga National Park (DRC)
    Posted On Jun 11 ,2014 - 06:13-AM | by admin

    SOCO International plc (SOCO) has agreed with WWF in a joint statement to commit not to undertake or commission any exploratory or other drilling within Virunga National Park unless UNESCO and the DRC...

    Election to Statoil's board of directors
    Posted On Jun 10 ,2014 - 06:45-PM | by admin

    In a meeting in the Corporate Assembly of Statoil ASA (OSE:STL, NYSE:STO) 10 June Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors. Bjørn Tor...

    Royal Dutch Shell plc first quarter 2014 Euro and GBP equivalent dividend payments
    Posted On Jun 10 ,2014 - 06:32-PM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2014 interim dividend, which was announced on A...

    Max Petroleum announce drilling update
    Posted On Jun 10 ,2014 - 06:32-PM | by admin

    Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announced that the ZMA-E7 development well in the Zhana Makat Field has successfully reached a total vertica...

    Circle Oil issues operating update on Tunisia
    Posted On Jun 10 ,2014 - 06:08-PM | by admin

    Mahdia Permit - Exploration Well El Mediouni-1 (EMD-1) Circle Oil Plc (AIM: COP), the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to anno...

    Kentz Awarded US$125m Contract at Qatargas LNG Plant
    Posted On Jun 10 ,2014 - 06:45-PM | by admin

    Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz Engineering and Construction Group, is pleased to announce the award by Qatargas Operating Company Limited ("Qatargas") for the ...

    Eni acquires a 40% interest and operatorship in an offshore exploration block off South Africa's east coast from Sasol
    Posted On Jun 10 ,2014 - 06:23-PM | by admin

    Eni has concluded an agreement with Sasol Petroleum International, the upstream O&G subsidiary of Sasol Limited, to acquire a 40% interest and Operatorship in the Exploration Right permit 236 (ER236)...

    Swala Oil and Gas (Tanzania) Plc Announces Launch of Initial Public Offer Prospectus (“IPO”)
    Posted On Jun 09 ,2014 - 06:17-PM | by admin

    Swala Oil and Gas (Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The company will be selling each share at the price of Tanz...

    Baker Hughes Announces May 2014 Rig Counts
    Posted On Jun 06 ,2014 - 06:54-AM | by admin

    Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. ...

    Soma Oil & Gas announce completion of the 2D Seismic Acquisition Programme
    Posted On Jun 06 ,2014 - 06:30-AM | by admin

    Soma Oil & Gas Exploration Limited, the Somalia focused oil and gas exploration company, is pleased to announce the completion of its offshore seismic acquisition programme which commenced in February...

    Mosman Oil and Gas announces Petroleum Creek drilling has Commenced
    Posted On Jun 06 ,2014 - 06:10-AM | by admin

    Mosman Oil & Gas (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company, announces that drilling has started (spudded) today, on the first of its three planned wel...

    Chariot Oil & Gas issues AGM statement and Operational Update
    Posted On Jun 06 ,2014 - 06:31-AM | by admin

    Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margin focused oil and gas exploration company, held its Annual General Meeting at The Priestly Room, The Chemistry Centre, Burlington House, Piccad...

    Salamander Energy agrees to Sell 40% Stake in Greater Bualuang Area
    Posted On Jun 06 ,2014 - 06:37-AM | by admin

    Non-Binding Heads of Agreement ("HoA") with SONA Petroleum Berhad ("SONA") Salamander announced that it has signed a non-binding HoA with SONA to sell an effective 40% working interest in both the B8...

    Contract extension for BW Athena
    Posted On Jun 06 ,2014 - 06:13-AM | by admin

    BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy. The primary term of the contract expires in Q2 2015, and Itacha Energy has exercised the option for a secondary...

    RWE Dea celebrates 30-year anniversary of oil production in the Egyptian Gulf of Suez
    Posted On Jun 05 ,2014 - 06:42-PM | by admin

    RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million barrels of crude during these three decades. Ongoing investments in modern technology and in...

    Europe’s Gas Industry Leaders to Debate Ongoing Security of Supply Headaches at Major City of London Summit
    Posted On Jun 05 ,2014 - 06:23-PM | by admin

    European energy industry leaders are due to attend and debate the future for European natural gas at a major summit this October, being held in St Paul’s, central London. With the Russian-Ukrainian ...

    Eni signs strategic agreements for Perla super-giant field in Venezuela
    Posted On Jun 04 ,2014 - 06:59-PM | by admin

    The Minister of Petroleum and Mines of Venezuela and President of PDVSA, Rafael Ramírez, Eni's CEO, Claudio Descalzi, and Repsol's President, Antonio Brufau, signed strategic agreements concerning th...

    Paradigm to Showcase New and Enhanced Technologies at EAGE 2014
    Posted On Jun 04 ,2014 - 06:44-PM | by admin

    Paradigm® will showcase the new and enhanced technologies included in its Paradigm 14 Release at the 2014 European Association of Geoscientists and Engineers (EAGE) Annual Conference and Exhibition ...

    Esrey announces amendment to Farm-In agreement in Papua New Guinea with Heritage Oil PLC
    Posted On Jun 04 ,2014 - 06:35-PM | by admin

    Esrey Energy Ltd. ("Esrey" or the "Company") (TSX Venture - EEL) is pleased to announce that its subsidiaries, Telemu No. 18 Limited ("Telemu"), LNG Energy (PNG) Limited and LNG Energy No. 2 Limited, ...

    Rice Energy Announces Utica Shale Well Results
    Posted On Jun 04 ,2014 - 06:14-PM | by admin

    Rice Energy Inc. (NYSE: RICE) today reported that it has successfully tested the company's first Utica Shale well in central Belmont County, Ohio. In addition, Rice has strategically added to its firm...

    GDF SUEZ E&P UK announce Southern North Sea gas discovery
    Posted On Jun 04 ,2014 - 06:39-PM | by admin

    GDF SUEZ E&P UK Ltd announced a new gas discovery in the UK Southern North Sea (SNS). The Cepheus 44/12a-6 exploration well encountered a gas column within the Permian Lower Leman Sandstone which was...

    Continental Resources Announces Redemption Of 8 1/4 % Senior Notes Due 2019
    Posted On Jun 04 ,2014 - 06:24-PM | by admin

    Continental Resources, Inc. (NYSE: CLR) announced that it will redeem all of its outstanding 8 ¼% Senior Notes due October 1, 2019 (the "2019 Notes") on July 11, 2014, the redemption date. The re...

    Union Jack Oil confirms significant shale oil and gas potential in UK
    Posted On Jun 04 ,2014 - 06:13-PM | by admin

    Union Jack Oil plc (UJO: AIM), an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector, announce potentia...

    Marathon Oil Announces $2.7 Billion Sale of Norway Business
    Posted On Jun 04 ,2014 - 06:23-PM | by admin

    Marathon Oil Corporation (NYSE: MRO) announced today that it has entered into a definitive agreement with Det norske oljeselskap ASA under which Det norske will purchase Marathon Oil's wholly owned su...

    Goodrich Petroleum announces Tuscaloosa Marine Shale ("TMS") Well Result
    Posted On Jun 04 ,2014 - 06:51-PM | by admin

    Goodrich Petroleum Corporation (NYSE: GDP) announced the completion of its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rat...

    Bolstered by new loading systems Gullfaks is targeting 2040 says Statoil
    Posted On Jun 04 ,2014 - 06:13-AM | by admin

    Installing new loading buoys is one of several projects intended to extend Gullfaks’ life towards 2040. 2.55 billion barrels of oil from the Gullfaks field have passed through the existing loading b...

    Global Gas Industry Experts To Congregate in Turkey
    Posted On Jun 04 ,2014 - 06:46-AM | by admin

    Global Gas Opportunities Summit will see global oil and gas experts congregate to discuss latest industry developments and address various challenges pertaining to the gas industry. Natural gas dem...

    Premier Oil issues exploration drilling update
    Posted On Jun 04 ,2014 - 06:38-AM | by admin

    Indonesia Singa Laut - wet gas discovered Premier is pleased to announce that the Singa Laut-1 well in Tuna PSC (Premier operator, 65 per cent) offshore Indonesia has penetrated 177 feet of net gas-...

    Victoria Oil & Gas announce Gensets Installed and Connected in Cameroon
    Posted On Jun 04 ,2014 - 06:10-AM | by admin

    Victoria Oil & Gas Plc, the emerging African energy utility company, today announces that its operating subsidiary, Gaz du Cameroun S.A. ("GDC"), has connected 3 gas fired Gensets at 3 customer sites ...

    Ophir Energy announce Taachui gas discovery
    Posted On Jun 04 ,2014 - 06:48-AM | by admin

    Ophir Energy plc ("Ophir" or "the Company") announces the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir hold...

    Paradigm Oil and Gas Acquires 50 New Oil Wells in Texas
    Posted On Jun 03 ,2014 - 06:18-PM | by admin

    Paradigm Oil and Gas, Inc. (OTC Pink: PDGO) (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced the addition...

    Magellan Announces Plans for Two UK Wells in 2014
    Posted On Jun 03 ,2014 - 06:13-PM | by admin

    Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company") today announced plans for two exploration wells to be drilled during 2014 within the Company's license areas in the UK. The ...

    American Power Group Receives Order for New Fracturing Rig Customer
    Posted On Jun 03 ,2014 - 06:36-PM | by admin

    American Power Group Corporation (OTCQB: APGI) announced their subsidiary, American Power Group Inc. ("APG"), has received an order valued between $400,000 to $500,000 to upgrade and convert twelve hi...

    Angola conference focuses on the importance of health and safety in industry
    Posted On Jun 03 ,2014 - 06:57-PM | by admin

    Leading experts in health and safety gather to address the growing importance for a strong HSSE framework for industries in Angola Keeping in focus the importance of health, safety, security and en...

    Award of First Oil and Gas Leases in Gulf of Mexico Subject to U.S.–Mexico Transboundary Hydrocarbons Agreement
    Posted On Jun 03 ,2014 - 06:27-PM | by admin

    As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy...

    AWE starts drilling Oi-1
    Posted On Jun 03 ,2014 - 06:19-PM | by admin

    AWE Limited (ASX: AWE), as Operator of Petroleum Mining Permit 38158 offshore Taranaki, New Zealand, advises that the semi-submersible drilling rig “Kan Tan IV” commenced drilling the Oi-1 explora...

    Origin to acquire natural gas resources in Australia's highly prospective Browse Basin
    Posted On Jun 03 ,2014 - 06:50-AM | by admin

    Origin Energy Limited (Origin) announced it has entered into a conditional Sale and Purchase Agreement with Karoon Gas (Karoon) to acquire its entire 40 per cent interest in two exploration permits (W...

    Pertamina Begins Operating Siak Block
    Posted On Jun 03 ,2014 - 06:22-AM | by admin

    PT Pertamina (Persero), through its subsidiary PT Pertamina Hulu Energi, officially begins operating the Siak block following the expiration of the contract between the government and Chevron Siak Ind...

    JOGMEC Provides Equity Financing to JX
    Posted On Jun 03 ,2014 - 06:11-AM | by admin

    Japan Oil, Gas and Metals National Corporation (JOGMEC), President: Hirobumi Kawano announced that it will provide equity financing to JX Nippon Oil & Gas Exploration (Qatar) Limited, established by J...

    Range enters into Integrated Master Services Agreement with LandOcean
    Posted On Jun 03 ,2014 - 06:53-AM | by admin

    Range is pleased to announce that, further to the announcement on 22 April 2014, the Company has entered into an Integrated Master Services Agreement with LandOcean Energy Services Co Ltd ("LandOcean"...

    Tethys Petroleum issue update on Fourth Well in Kazakh Gas Campaign
    Posted On Jun 03 ,2014 - 06:44-AM | by admin

    Tethys (TSX:TPL)(LSE:TPL) is pleased to announce completion of drilling and logging of the AKK20 exploration well, the fourth well in its 2014 shallow gas drilling programme in Kazakhstan. The well...

    Butch South West exploration well commences drilling in the Norwegian North Sea
    Posted On Jun 03 ,2014 - 06:32-AM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...

    SDRL - Seadrill secures commitment for newbuild ultra-deepwater unit West Jupiter
    Posted On Jun 03 ,2014 - 06:50-AM | by admin

    Seadrill Limited ("Seadrill") has secured a contract with Total Upstream Nigeria Ltd for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore ...

    Leni Gas & Oil provide Goudron wells GY-664 Production and GY-665 Drilling Update
    Posted On Jun 03 ,2014 - 06:43-AM | by admin

    LGO announce that well GY-664 has been successfully brought on production at a stabilized free flowing, post-clean up, rate of 240 barrels of 37 API oil per day. The well is flowing under its own pre...

    Tangiers provides TAO-1 Drilling Update
    Posted On Jun 03 ,2014 - 06:04-AM | by admin

    Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company") is pleased to provide an update related to progress of its Moroccan operations. Fully Funded for Drilling of TAO-1 (dr...

    Wood Group Kenny awarded major subsea contract for stage 2 of Shah Deniz development
    Posted On Jun 03 ,2014 - 06:37-AM | by admin

    Wood Group Kenny (WGK) has been awarded a £36 million call-off contract, for 2014, with BP Azerbaijan under their 2007 Global Agreement. The contract will cover engineering and project management ser...

    Seplat announce Total Voting Rights and Capital
    Posted On Jun 03 ,2014 - 06:49-AM | by admin

    In accordance with the Financial Conduct Authority's (FCA) Disclosure and Transparency Rule 5.6.1R, Seplat Petroleum Development Company PLC ('the Company') hereby notifies the market that as of 31 M...

    Tower Resources announce completion of Farm-in to Block 2B, Kenya
    Posted On Jun 03 ,2014 - 06:40-AM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, is pleased to announce the completion of its farm-in to Block 2B, onshor...

    KrisEnergy completes acquisition of Thai G10/48 unit, takes over operatorship
    Posted On Jun 02 ,2014 - 06:25-PM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 21 May 2014 in relation to the acquisition of the entire issued a...

    OMV invests EUR 500 mn in Tunisia in a project together with ETAP
    Posted On Jun 02 ,2014 - 06:51-PM | by admin

    Nawara project underlines Tunisia’s significant role in OMV’s portfolio. Tunisian Minister of Industry, Energy and Mines, Kamel Ben Naceur, the Chairman of the Tunisian National Oil Company ETAP, ...

    Saipem awarded new Engineering & Construction and Drilling contracts worth in total $750 million
    Posted On Jun 02 ,2014 - 06:39-PM | by admin

    Saipem has been awarded a new Engineering & Construction contract in the Caucasus region and some new Drilling contracts in the Middle East, for a total value of approximately $750 million. In the ...

    Pre-salt oil production rises 4% and sets new record in April
    Posted On Jun 02 ,2014 - 06:18-AM | by admin

    Petrobras announces that its oil production in Brazil in April averaged 1 million 933 thousand barrels per day (bpd), up by 0.4% from March’s production of 1 million 926 thousand bpd. Including the ...

    Statoil gets final permission to begin exploration activities on the Apollo prospect in the Barents Sea
    Posted On Jun 02 ,2014 - 06:30-AM | by admin

    Norwegian authorities have today rejected an appeal from Greenpeace, thereby giving Statoil final permission to begin exploration activities on the Apollo prospect in the Barents Sea. The appeal co...

    Total sells its 10% interest in Shah Deniz to TPAO
    Posted On Jun 02 ,2014 - 06:13-AM | by admin

    Total today signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion...

    Shell And YanChang Petroleum Launch A Retail Joint Venture In Guangdong
    Posted On May 30 ,2014 - 05:44-PM | by admin

    Shell and Shaanxi Yanchang Petroleum (Group) Corp. Ltd. (YCPC) announce today that they have launched a Retail joint venture in Guangdong province, in a bid to increase Shell’s retail footprint in G...

    Orca Exploration announces Q1 2014 results
    Posted On May 30 ,2014 - 05:06-AM | by admin

    Orca Exploration Group Inc. ("Orca" or "the Company") announces its results for the quarter ended 31 March 2014. • Orca operated its Tanzania Songo Songo gas field in the first quarter of 2014 near...

    Petroceltic issues operations update for Kurdistan Region of Iraq, Romania and Egypt
    Posted On May 30 ,2014 - 05:04-AM | by admin

    Petroceltic International plc ("Petroceltic" or "the Company"), the independent oil and gas exploration company focused on the Middle East, North Africa, Mediterranean and Black Sea regions, announces...

    Gasol LNG Import signs Gas Supply Agreement with Volta River Authority
    Posted On May 30 ,2014 - 05:25-AM | by admin

    Gasol, the AIM listed gas to power company, announced that its subsidiary, Gasol LNG Import Limited ("Gasol LNG Import"), has signed a conditional long term Gas Supply Agreement (GSA) with the major ...

    Shell announces LNG sales deal with Japan’s Chubu Electric
    Posted On May 29 ,2014 - 05:13-AM | by admin

    Shell will begin supplying liquefied natural gas (LNG) to Japan’s third largest electric company from October 2014, in a deal that reinforces Shell’s position as a key LNG supplier in the country....

    Falcon announces Interim results for Three Months Ended 31 March 2014
    Posted On May 29 ,2014 - 05:09-AM | by admin

    Falcon Oil & Gas Ltd. announces that it has filed its results for the three months ended 31 March 2014. Highlights -- Transformational Farm-Out Agreement and Joint Operating Agreements ("the Agre...

    Greenpeace activists in the hands of the police
    Posted On May 29 ,2014 - 05:18-AM | by admin

    The activists on board the Transocean Spitsbergen are now in the hands of Norwegian police. The rig was on its way for planned exploration drilling in the Hoop-area in the Barents Sea when Greenpeace...

    Chevron Highlights 2013 Performance and Future Growth at Annual Meeting of Stockholders
    Posted On May 28 ,2014 - 05:50-PM | by admin

    Chevron Corporation (NYSE: CVX) today provided an overview of the company's 2013 operational and social performance and future growth plans at its 2014 Annual Meeting of Stockholders in Midland, Texas...

    Eni Board of Directors approves new organisational structure
    Posted On May 28 ,2014 - 05:20-PM | by admin

    Eni today announces a new organisational structure, which will support the delivery of its strategy based on selective growth in the upstream sector and a turnaround in the mid-downstream segments. ...

    Azonto Petroleum Limited provides Operations Update
    Posted On May 28 ,2014 - 05:26-AM | by admin

    Azonto is pleased to provide the following operations update for its assets in Cote d'Ivoire and Ghana. CI-202, Cote d'Ivoire Vioco Petroleum Limited ("Vioco"), Azonto's 35% owned affiliate is the...

    Nostrum Oil & Gas announces results for the quarter ended 31st March 2014
    Posted On May 28 ,2014 - 05:17-AM | by admin

    Nostrum Oil & Gas LP (LSE: NOG.LI) ("Nostrum"), the oil and gas exploration, development and production business today announces its results for the quarter ended 31st March 2014. Highlights from ...

    Gulf Marine Services announces a new contract award
    Posted On May 28 ,2014 - 05:54-AM | by admin

    Gulf Marine Services (LSE:GMS), the leading provider of self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, today announces a new contract ...

    Tullow Oil’s 2013 Corporate Responsibility Report
    Posted On May 28 ,2014 - 05:50-AM | by admin

    Highlights include: • Tullow’s commitment to Local Content: in 2013, Tullow spent $217 million with local suppliers, representing a 49% increase on the previous year; • Our transparent disc...

    Aker Solutions Wins Framework Contract From BP in Norway
    Posted On May 28 ,2014 - 05:38-AM | by admin

    Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The contract has a period of up t...

    ExxonMobil Ships First Cargo from PNG LNG Project
    Posted On May 27 ,2014 - 05:27-PM | by admin

    Exxon Mobil Corporation (NYSE:XOM) today said it shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG LNG project ahead of schedule. PNG LNG, operated by ExxonMobil affil...

    OPEC to hold its 6th International Seminar
    Posted On May 27 ,2014 - 05:16-PM | by admin

    The Organization of the Petroleum Exporting Countries (OPEC) will host its 6th International Seminar at the Hofburg Palace in Vienna, Austria, on 3−4 June 2015. The theme of the event is “Petroleu...

    Rosneft and BP Sign Agreement on Development of Domanik Formations
    Posted On May 27 ,2014 - 05:09-PM | by admin

    Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik formations. The document was signed today within the framework of the St. Petersburg International Economic ...

    Expro Awarded Multi-Year SONAR Production Testing Contract in the Middle East
    Posted On May 27 ,2014 - 05:14-PM | by admin

    Leading international oil field services company, Expro, has secured a multi-year contract with a leading international oil company for multiphase production testing in Iraq. The contract will prov...

    Seadrill and North Atlantic Drilling announce Investment and Co-operation Agreement with Rosneft to partner in Russian market
    Posted On May 27 ,2014 - 05:15-PM | by admin

    North Atlantic Drilling Ltd. ("NADL" or the "Company") and Seadrill Limited ("Seadrill") are pleased to announce that an Investment and Co-operation Agreement ("the Agreement") has been executed with ...

    RWE Dea Norge completes Titan Appraisal Well
    Posted On May 27 ,2014 - 05:35-PM | by admin

    RWE Dea Norge AS, operator of production licence (PL)420, is completing drilling operations on appraisal well 35/9-11-S and sidetrack 35/9-11-A on the Titan discovery, 16 kilometres west of the Gjøa ...

    Hays Oil & Gas Job Index Q1 2014
    Posted On May 27 ,2014 - 05:59-AM | by admin

    Hays Oil & Gas reports that this quarter they have found that new projects and investment have led to an increase in hiring, however, skills shortages continue to impact employers globally. The Hay...

    New projects and investment lead to increased hiring, while skills shortages still impact employers globally
    Posted On May 27 ,2014 - 05:47-AM | by admin

    The Hays Oil & Gas Job Index for the first quarter of 2014 has shown hiring globally has increased, with key areas seeing significant jumps in job numbers. However, as new projects and business invest...

    Max Petroleum announce drilling update
    Posted On May 27 ,2014 - 05:24-AM | by admin

    Max Petroleum Plc, an oil and gas company focused on Kazakhstan, today announces that it has completed drilling the KZIE-3 appraisal well in the East Kyzylzhar I Field to a vertical depth of 1,315 met...

    Tangiers completes raising with a further $4M share placement
    Posted On May 27 ,2014 - 05:27-AM | by admin

    Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company")is pleased to advise that it has raised $4 million, before costs, through the placement of 25 million shares at 16c each t...

    Lamprell announcemultiple rig contract award
    Posted On May 27 ,2014 - 05:16-AM | by admin

    Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, is pleased to announce that it has...

    Rosneft and NIC Sign Contract for Oil Products Supplies
    Posted On May 27 ,2014 - 05:08-AM | by admin

    Rosneft expands its presence at the oil products market of Mongolia. Within the Petersburg International Economic Forum Rosneft signed a 5-year term contract for oil products supplies with the leading...

    LENI gas and oil announce Goudron update
    Posted On May 27 ,2014 - 05:38-AM | by admin

    LGO today announces that the Well Services Rig 20 has now been moved from the well GY-664 drill site and the Company's application has been approved by Petrotrin for the completion and production of w...

    Mediterranean Oil & Gas Plc announce offshore Malta update
    Posted On May 27 ,2014 - 05:14-AM | by admin

    MOG announce that it has received formal notification from Phoenicia Energy Company Ltd (a wholly owned subsidiary of Genel Energy plc), the operator of Malta Block 7 of Area 4, that the semi-submers...

    Ophir announces Gabon Affanga Deep Well Result
    Posted On May 27 ,2014 - 05:15-AM | by admin

    Ophir Energy plc ("Ophir" or "the Company") announces that drilling operations have now concluded on the Affanga Deep-1 well in the Gnondo Block offshore Gabon. Ophir has a 100%* operated interest in ...

    Faroe announce Pil oil discovery - successful side-track appraisal well drilled
    Posted On May 27 ,2014 - 05:04-AM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...

    OriginOil Secures First Middle East Licensing Partner for Oil & Gas Water Cleanup
    Posted On May 27 ,2014 - 05:05-AM | by admin

    OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced today that Burgan One Commercial E...

    Saudi Aramco hosts workshop to discuss the latest challenges and developments of hydraulic fracturing
    Posted On May 27 ,2014 - 05:54-AM | by admin

    Drawing on its growing global resources and the expertise of leading researchers, scientists and oil and gas service company experts, Saudi Aramco recently hosted a workshop to discuss the latest chal...

    Oryx Petroleum Announces Appraisal Drilling Update for Demir Dagh in Kurdistan Region of Iraq
    Posted On May 27 ,2014 - 05:25-AM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces the test results for the Demir Dagh-3 well (“DD-3”) and Demir Dagh-5 well (“DD-5”) appraisal ...

    KrisEnergy completes acquisition of Thai G10/48 unit, takes over operatorship
    Posted On May 27 ,2014 - 05:39-AM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 21 May 2014 in relation to the acquisition of the entire issued a...

    Greenpeace board Transocean Spitsbergen
    Posted On May 27 ,2014 - 05:37-AM | by admin

    On the morning of 27 May Greenpeace activists boarded the drilling rig Transocean Spitsbergen. The rig was en route to the Hoop area in the Barents Sea. On Monday Statoil got approval from the Norw...

    Songa Offshore SE announce 1Q 2014 Presentation
    Posted On May 27 ,2014 - 05:21-AM | by admin

    Highlights • Strong EBITDA of $65m and reflecting 100% Operating Efficiency and Earnings Efficiency of 97% • Sale of 100% of Songa Mercur and Songa Venus to Opus Offshore with transaction valu...

    Technip awarded new LNG plant contract in China, building up its strong expertise in natural gas liquefaction
    Posted On May 27 ,2014 - 05:13-AM | by admin

    Technip has been awarded an engineering, procurement and technical assistance contract by Fengzhen Wanjie Gas Co. Ltd. for a liquefied natural gas (LNG) plant in Fengzhen City, Inner Mongolia Province...

    Tullow issues Well 31/2-21S update - Norway
    Posted On May 27 ,2014 - 05:32-AM | by admin

    Tullow Oil plc (“Tullow”) announces that exploration well 31/2-21S which was targeting the Gotama prospect, offshore Norway, did not encounter reservoir quality sandstones in the Upper Jurassic ma...

    Afren becomes an EITI Supporting Company
    Posted On May 23 ,2014 - 05:42-PM | by admin

    Afren plc ("Afren" or "the Company") is pleased to announce that it became a Supporting Company of the Extractive Industries Transparency Initiative ("EITI") on 20 May 2014. The EITI is a global co...

    Investment projects for gas supply to China launched
    Posted On May 23 ,2014 - 05:21-PM | by admin

    Alexey Miller, Chairman of the Gazprom Management Committee signed an order to start the implementation of Gazprom's investment projects for gas supply to China. Starting from today, all the specializ...

    Rosneft expands cooperation with the government of Mongolia
    Posted On May 23 ,2014 - 05:21-PM | by admin

    Rosneft expands its presence at the oil products market of Mongolia. Within the Petersburg International Economic Forum Rosneft signed two 5-year term contracts for oil products supplies with leading ...

    Madagascar Oil Ltd announce Tsimiroro Licence approval of test sales by the Government
    Posted On May 23 ,2014 - 05:36-AM | by admin

    Madagascar Oil is pleased to announce that the Company's wholly-owned subsidiary, Madagascar Oil S.A. ("Madagascar Oil SA"), has been advised, via a "Communique de Presse: Conseil des Ministres" (the ...

    Yamal LNG and Gazprom Marketing & Trading Singapore sign LNG agreement
    Posted On May 23 ,2014 - 05:05-AM | by admin

    At the St. Petersburg International Economic Forum, Chairman of the Management Board of OAO NOVATEK (“NOVATEK” and/or the “Company”) Leonid V. Mikhelson and Chairman of the Management Board of...

    Eni signs agreement with Gazprom on revision of gas supply terms
    Posted On May 23 ,2014 - 05:45-AM | by admin

    Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi have today signed an agreement to revise the terms of gas supply contracts. The agreement involves a reduction in supply prices and an importa...

    Total combines efforts with Lukoil to explore and develop tight oil in the Bazhenov
    Posted On May 23 ,2014 - 05:22-AM | by admin

    Total signed today an agreement with Lukoil creating a joint venture (JV) to explore and develop the tight oil potential of the Bazhenov play in Western Siberia. Total will hold 49% of the JV and Luko...

    Tullow announces that the Shimela-1 well encountered water bearing reservoirs.
    Posted On May 23 ,2014 - 05:12-AM | by admin

    Shimela-1 in the South Omo Block, onshore Ethiopia, was drilled to test a prospect in a north-western sub-basin of the vast Chew Bahir basin. The frontier wildcat well encountered lacustrine and volca...

    Weatherford, Sinopec Oilfield and Shengli Highland to form joint venture company
    Posted On May 22 ,2014 - 05:52-PM | by admin

    Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT), Sinopec Oilfield Service Corporation and Shengli Highland Petroleum Equipment Co., Ltd., today announced having entered into a joint ...

    ONGC Videsh Declares FY’14 Financial Results
    Posted On May 22 ,2014 - 05:32-PM | by admin

    During FY’14, the company has earned the highest-ever profit of 4,445 Crore, an increase of 13.1% as compared to the previous year. Crude Oil production during FY’14 was higher by 26.3% due to ...

    Directorate Changes at Madagascar Oil
    Posted On May 22 ,2014 - 05:35-PM | by admin

    Madagascar Oil (AIM:MOIL) today announces that Mr Madjedi Hasan, a Non-Executive Director of the Company and nominated representative of Benchmark Advantage Fund Ltd ("Benchmark"), has chosen to resig...

    Hess Announces Sale of Retail Business to Marathon Petroleum Corporation for $2.6 Billion
    Posted On May 22 ,2014 - 05:58-AM | by admin

    Hess Corporation (NYSE:HES) announced today that it has agreed to sell its retail business to Marathon Petroleum Corporation for a total cash consideration of $2.6 billion. Hess Retail is the largest ...

    Fastnet Oil & Gas Plc issues corporate update and revised investor presentation
    Posted On May 22 ,2014 - 05:07-AM | by admin

    Ahead of investor meetings today, Fastnet (AIM: FAST, ESM: FOI), the E&P company focused on exploring in Africa and in the Celtic Sea, is pleased to provide an update on its operations, including its ...

    SEPLAT Petroleum announces its Interim Management Statement
    Posted On May 22 ,2014 - 05:36-AM | by admin

    Seplat Petroleum Development Company plc ("Seplat" or the "Company"), a leading Nigerian indigenous oil and gas company, listed on both the NSE and LSE, today announces its Interim Management Statemen...

    Nostrum agrees long-term off-take contract for condensate supplies with Trafigura
    Posted On May 22 ,2014 - 05:01-AM | by admin

    Nostrum Oil & Gas LP (LSE: NOG.L) ("Nostrum"), the oil and gas exploration, development and production business is pleased to announce it has agreed a two-year contract to supply gas condensate via it...

    Eni successfully appraises Agulha discovery , in Mozambique Area 4
    Posted On May 22 ,2014 - 05:18-AM | by admin

    Eni has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. The delineation was carried out through the Agulha 2 well, which was drilled in...

    Shell announces cancellation of Scrip Dividend Programme from second quarter 2014
    Posted On May 22 ,2014 - 05:13-AM | by admin

    Royal Dutch Shell plc (“Shell”) announces the cancellation of its Scrip Dividend Programme (“the Programme”) with effect from the second quarter 2014 Interim Dividend onwards. The cancellation...

    Neste Oil to launch a new, low-sulfur bunker fuel
    Posted On May 22 ,2014 - 05:20-AM | by admin

    Neste Oil will launch a low-sulfur marine bunker fuel compliant with the requirements of the EU's Sulphur Directive. The new fuel reduces sulfur, nitrogen and particle emissions in the marine transpor...

    Solo Oil issues update on seismic acquisition, Tanzania
    Posted On May 22 ,2014 - 05:49-AM | by admin

    Solo announces that the operator of the Ruvuma Petroleum Sharing Contract, Aminex PLC ("Aminex"), has notified the Company that the 2D seismic acquisition to appraise up-dip portion of the Ntorya-1 d...

    Shell announces sale of Eagle Ford acreage, South Texas
    Posted On May 22 ,2014 - 05:58-AM | by admin

    Royal Dutch Shell plc (“Shell”) announced today it has agreed to sell its 100 percent working interest in approximately 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Texas to Sanchez En...

    ExxonMobil Increases Liquids-rich Wolfcamp Acreage in Permian Basin
    Posted On May 22 ,2014 - 05:24-AM | by admin

    Exxon Mobil Corporation (NYSE:XOM) announced that it has executed an agreement to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc., through a no...

    Russia and China signed the biggest contract in the entire history of Gazprom
    Posted On May 22 ,2014 - 05:28-AM | by admin

    The 30-year contract stipulates that 38 billion cubic meters of Russian gas will be annually supplied to China. The mutually beneficial contract contains such major provisions as the price formula lin...

    Petroamerica announces strategic farm-in to the Llanos-19 block in Colombia
    Posted On May 21 ,2014 - 05:04-PM | by admin

    Petroamerica Oil Corp. (TSX-V:PTA) (“Petroamerica” or the “Company”), a Canadian oil and gas company operating in Colombia announced that it has entered into a definitive agreement, subject to...

    Foster Wheeler JV Awarded FEED And Project Execution Services Contract For LNG Canada Project In Kitimat, British Columbia
    Posted On May 21 ,2014 - 05:16-PM | by admin

    Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with affiliates of Chiyoda Corporation, Saipem S.p.A. and WorleyPar...

    Subsea 7 S.A. awarded $460 million contract in North Sea
    Posted On May 21 ,2014 - 05:00-PM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC; the Company) has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Develop...

    SeaEnergy awarded the ship management contract
    Posted On May 21 ,2014 - 05:38-PM | by admin

    SeaEnergy PLC, the innovation-led offshore energy services business, is pleased to announce that its recently established subsidiary SeaEnergy Ship Management Limited (SEASM) has been awarded the ship...

    Tower Resources provides Namibia drilling update
    Posted On May 21 ,2014 - 05:23-PM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, provides an update on drilling operations for the Welwitschia-1 well. In...

    Taipan Resources Inc. Cures Default in Block 1 Kenya
    Posted On May 21 ,2014 - 05:49-PM | by admin

    Taipan Resources Inc. (TSX VENTURE:TPN) announces today it has resolved the default position on Exploration Block 1, Kenya by paying to Afren Plc $3,566,377. By resolving the default, Taipan has resto...

    Hercules Offshore Announces Five Year Drilling Contract for Newbuild Jackup Rig with Maersk Oil
    Posted On May 21 ,2014 - 05:18-PM | by admin

    Hercules Offshore, Inc. (Nasdaq: HERO) announced that it has signed a five year drilling contract with Maersk Oil North Sea UK Limited for a newbuild jackup rig to be owned and operated by Hercules Of...

    CNPC enters into a set of agreements during CICA summit in Shanghai
    Posted On May 21 ,2014 - 05:47-PM | by admin

    On May 19 and 20, during the fourth summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) held in Shanghai, under the witness of Chinese President Xi Jinping and Russ...

    Finding Value for Flared Gas
    Posted On May 21 ,2014 - 05:44-AM | by admin

    Insightful workshop by industry experts with success case studies to achieve zero flaring. Gas flaring is one of the most challenging energy and environmental problems that worlds facing today. Bri...

    Production from Snorre B template shut down
    Posted On May 21 ,2014 - 05:10-AM | by admin

    Production from a subsea template at the Snorre B platform was shut down on 17 May following the discovery of an abnormal erosion of mass under the template. Over the last 24 hours, no movement has...

    Noble Energy Announces Termination of Leviathan MoU With Woodside
    Posted On May 21 ,2014 - 05:05-AM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that the parties have agreed to terminate the non-binding memorandum of understanding regarding the sale of interest in the Leviathan licenses, offshore ...

    Petrobras confirms another discovery in the Santos Basin pre-salt
    Posted On May 21 ,2014 - 05:25-AM | by admin

    Petrobras announces it has completed the formation test on well 1-SPS-98 (1-BRSA-1063-SPS), informally known as Sagitário, located in ultra-deep waters of the Santos Basin pre-salt. The results ob...

    Fugro awarded one year contract by Basrah Gas Company
    Posted On May 20 ,2014 - 05:35-PM | by admin

    Fugro has been awarded a contract for one year, plus a year extension option, by Basrah Gas Company for the provision of Geotechnical Investigations and Topographic Services in the Basrah province of ...

    OAO LUKOIL and OAO ANK Bashneft have signed a Participants’ Agreement in OOO Oil Company VOSTOK-NAO.
    Posted On May 20 ,2014 - 05:36-PM | by admin

    The VOSTOK NAO Joint Venture (with LUKOIL and Bashneft each controlling a 50% stake) was set up to conduct geologic studies, exploration and production of raw hydrocarbons at the company’s license b...

    Sinopec and SIBUR Enter into a Strategic Cooperation Agreement
    Posted On May 20 ,2014 - 05:07-PM | by admin

    China Petrochemical Corporation (Sinopec Group.), a major global energy and chemicals company, and SIBUR, a leading Russian gas processing and petrochemicals company, today entered into a strategic co...

    Cuadrilla to submit plans for Preston New Road shale gas exploration site
    Posted On May 20 ,2014 - 05:09-PM | by admin

    Following extensive public consultation Cuadrilla Resources will submit, before the end of the month, a planning application to Lancashire County Council to drill, hydraulically fracture and test the ...

    Odfjell Drilling secures further work for Deepsea Stavanger in Angola
    Posted On May 20 ,2014 - 05:24-PM | by admin

    Odfjell Drilling and BP Angola have entered into a contract amendment securing further work for Odfjell Drilling’s sixth generation ultra deepwater and harsh environment semi-submersible “Deepsea ...

    Mediterranean Oil & Gas issue offshore Malta update
    Posted On May 20 ,2014 - 05:07-PM | by admin

    MOG has been informed by Phoenicia Energy Company Ltd, a wholly owned subsidiary of Genel Energy plc (the "Operator"), that the Noble Paul Romano rig (the "Rig"), which will be used to drill the Hagar...

    IOC Assets Divestment Good for Local Players – Alison-Madueke
    Posted On May 20 ,2014 - 05:20-PM | by admin

    Contrary to the apprehension in some quarters that the recent spate of assets divestments by international oil companies (IOCs) operating in Nigeria could create crisis in the oil and gas industry, th...

    Essar Oil announce financial results for Q4 and financial year 2013-14
    Posted On May 20 ,2014 - 05:58-PM | by admin

    The release linked to this announcement was issued today by Essar Oil Limited to the Bombay Stock Exchange and the National Stock Exchange of India. FY14 Highlights • Company crosses the rupees...

    Signature of two EPC contracts between Sonatrach and five other companies
    Posted On May 19 ,2014 - 05:21-PM | by admin

    Repsol / RWE-DEA / EDISON INTERNATIONAL, Petrofac International LLC UAE and the National Society of Civil Engineering (GCB Spa) conducted May 15, 2015 at the headquarters of the Directorate General of...

    Hess Corporation, North Dakota Celebrate Expansion of Tioga Gas Plant
    Posted On May 19 ,2014 - 05:11-PM | by admin

    Hess Corporation (NYSE:HES) was joined today by Governor Jack Dalrymple, Senator John Hoeven and a host of other government officials to commemorate the recently completed expansion of the Tioga Gas P...

    Egyptian gas project to be powered by Aggreko
    Posted On May 19 ,2014 - 05:39-PM | by admin

    Aggreko, the world leader in the supply of temporary power and temperature control services has signed a contract with RWE Dea to deliver a 4 MW power plant to the Disouq onshore natural gas facility ...

    Nido secures 20% participating interest in SC 63
    Posted On May 19 ,2014 - 05:50-PM | by admin

    Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”) is pleased to advise has it has executed the second stage of the SC 63 farm-in process with PNOC-EC. The terms of the farm-in with P...

    Nido issues update on Baragatan-1 exploration well
    Posted On May 19 ,2014 - 05:51-PM | by admin

    Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”) is pleased to announce on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited that the UMW Nag...

    TANAP awards EPCM Contract to WorleyParsons
    Posted On May 19 ,2014 - 05:10-PM | by admin

    Trans Anatolian Natural Gas Pipeline Project (TANAP) has awarded WorleyParsons a significant five year contract for the supply of Engineering, Procurement and Construction Management (EPCM) services ...

    GDF SUEZ inaugurates on-shore LNG storage tank in Chile
    Posted On May 19 ,2014 - 05:49-PM | by admin

    GDF SUEZ announced the inauguration of the on-shore storage tank for the GNL Mejillones LNG regasification terminal. The tank was inaugurated today by the President of Chile, Michelle Bachelet and th...

    First GDF SUEZ long term LNG sales to Japan
    Posted On May 19 ,2014 - 05:51-PM | by admin

    GDF SUEZ and the Japanese utility company Tohoku have signed on 16 May 2014 in Paris a long term LNG sale and purchase Heads of Agreement. Under this new agreement GDF SUEZ commits to deliver 270,000 ...

    Kenyan Government gives L10B licence partners an additional year to plan future exploration
    Posted On May 19 ,2014 - 05:59-AM | by admin

    Pancontinental also lifts its stake in this highly prospective licence, adjacent to the recent Sunbird discovery in L10A Pancontinental Oil & Gas NL (ASX: PCL) is pleased to advise that the Gover...

    Rosneft Entities Will Enter Pirelli Joint Stock Capital
    Posted On May 19 ,2014 - 05:11-AM | by admin

    Within the framework of a working visit of Rosneft President, Chairman of the Management Board Igor Sechin to the Far East, he held negotiations with Pirelli top management with the participation of M...

    Total Gabon’s revenues down
    Posted On May 19 ,2014 - 05:05-AM | by admin

    Revenues downed 23% to $299 million in first-quarter 2014, compared to the prior-year period ($390 million), despite production increase. This drop resulted from a slight decrease in the price of the ...

    Max Petroleum Plc issues corporate update
    Posted On May 19 ,2014 - 05:10-AM | by admin

    Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces an update of its previously announced cost cutting initiative and related accounting charge. The Company expects that spe...

    Circle Oil announce operating update Morocco
    Posted On May 19 ,2014 - 05:30-AM | by admin

    Circle Oil Plc (AIM: COP), the international oil and gas exploration, development and production company, is pleased to announce the following operating update. Sebou and Lalla Mimouna Permits Th...

    Gasol Upstream Limited Investment in Afrique Energie Corporation
    Posted On May 19 ,2014 - 05:01-AM | by admin

    Gasol, the AIM listed gas to power company, is pleased to announce that its upstream subsidiary, Gasol Upstream Limited ("Gasol Upstream"), has agreed to invest US$ 1million for 21,936,000 new common ...

    Schlumberger Introduces Industry-First Reservoir Mapping-While-Drilling Service
    Posted On May 19 ,2014 - 05:46-AM | by admin

    Schlumberger announced today the introduction of the GeoSphere* reservoir mapping-while-drilling service. The new technology reveals features in subsurface beddings and fluid contacts at the reservoir...

    Standard & Poor’s affirmed its rating on Petrobras
    Posted On May 19 ,2014 - 05:58-AM | by admin

    Petrobras informs that Standard & Poor's (S&P) rating agency affirmed today its 'BBB-' corporate credit rating on Petrobras, with stable outlook, keeping the Company’s investment grade rating. T...

    Gazprom Neft reports IFRS financial results for 1Q 2014
    Posted On May 16 ,2014 - 05:29-PM | by admin

    Gazprom Neft today announces its consolidated financial results for 1Q 2014, prepared in accordance with International Financial Reporting Standards (IFRS). A stronger financial performance in 1Q 2...

    Mosman announce petroleum creek operations update
    Posted On May 16 ,2014 - 05:25-PM | by admin

    Mosman Oil & Gas (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company is pleased to announce that its wholly owned New Zealand subsidiary, Petroleum Creek Limite...

    Algerian Reggane Nord Gas Project entering execution phase
    Posted On May 16 ,2014 - 05:05-PM | by admin

    A project consortium that includes RWE Dea has signed a major contract for the construction of a natural gas processing plant and infrastructure in the Algerian Sahara for the Reggane Nord project. Th...

    Falcon Oil & Gas Ltd announce spudding of second well in Hungary
    Posted On May 16 ,2014 - 05:06-AM | by admin

    Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") is pleased to announce that the second of three exploration wells "Besa-D-1", with our partner Naftna Industrija Sr...

    Caza Oil & Gas provides unaudited financial and operational results for the three-months ended March 31, 2014
    Posted On May 16 ,2014 - 05:23-AM | by admin

    Unaudited First Quarter Financial Results Highlights Caza's revenues from oil and natural gas sales increased 259% to US$4,591,507 for the three-month period ended March 31, 2014, f...

    Apache increases share buyback program to 40 million shares
    Posted On May 16 ,2014 - 05:52-AM | by admin

    The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) today announced that it has authorized repurchasing an additional 10 million Apache common shares, supplementing the 30-million-share a...

    CGG Begins Multi-Client Survey of Espirito Santo Basin
    Posted On May 16 ,2014 - 05:39-AM | by admin

    CGG announced that it has started acquiring a large BroadSeisTM 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin. The project has received high prefunding f...

    Niger Delta youths get another chance to start businesses in 2014 LiveWIRE programme
    Posted On May 16 ,2014 - 05:46-AM | by admin

    Niger Delta youths are being given yet another chance to start their own businesses through the 2014 edition of the LiveWIRE programme, for which The Shell Petroleum Development Company of Nigeria Lim...

    Kvaerner delivers Eldfisk 2/7 S topside
    Posted On May 16 ,2014 - 05:16-AM | by admin

    In March 2011 Kvaerner signed a contract with ConocoPhillips to deliver the topside for the Eldfisk 2/7 S integrated production platform. The topside was completed in April 2014 as planned, and will b...

    Petrofac awarded Reggane North Development Project
    Posted On May 16 ,2014 - 05:11-AM | by admin

    Petrofac, the international oil and gas services provider, has been awarded a 36 months, of execution, contract worth more than US$970 million for the gas gathering, treatment and export facilities pa...

    Mediterranean Oil & Gas announce joint application for 3 offshore blocks in Montenegro
    Posted On May 16 ,2014 - 05:00-AM | by admin

    The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce that Energean Oil & Gas SA ("Energean") and MOG have jointly submitted a bid for the exploration and production of hydrocarbo...

    Heritage Oil release Interim Management Statement
    Posted On May 16 ,2014 - 05:04-AM | by admin

    Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, issues its Interim Management Statement for the period from 1 January 2014 to 15 May 2014. Corpora...

    Petrobras pre-salt production sets new record, passing 470 thousand barrels of oil per day
    Posted On May 16 ,2014 - 05:40-AM | by admin

    Petrobras announces that oil production in the fields operated by the company, at the Pre-Salt Layer of the Santos and Campos basins passed the milestone of 470 thousand barrels of oil per day (bpd) o...

    Dana Gas Achieves 12% Growth in Production in Q1 2014
    Posted On May 16 ,2014 - 05:24-AM | by admin

    Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced its financial results for the first quarter ended 31 March 2014. The Company reported a 67% rise in ...

    Dubai in top 3 Middle East growth market for solar industry
    Posted On May 15 ,2014 - 05:27-PM | by admin

    EnPark, the TECOM Business Park facilitating the growth of Energy and Environment businesses in the MENA Region, and the Middle East Solar Industry Association (MESIA) hosted a business breakfast with...

    TAQA announce Q1 results for 2014
    Posted On May 15 ,2014 - 05:46-PM | by admin

    TAQA, the international energy and water company from Abu Dhabi, today announced its net profit after minority interests grew by 158 per cent to AED 274 million in the first quarter in the quarter for...

    Nigeria continues economic growth
    Posted On May 15 ,2014 - 05:03-PM | by admin

    Nigeria continues its robust and sustained economic growth EY’s Africa by numbers report on Nigeria indicates Greenfield FDI projects into the country have grown at a compound rate of close to 20...

    JKX Oil & Gas issue interim management statement for 1st Qtr ending March 2014
    Posted On May 15 ,2014 - 05:42-AM | by admin

    Highlights · Production from new Elizavetovskoye field in Ukraine commenced in January with flow rates from the first two carbonate reservoir wells exceeding expectations. First well targeting un...

    Range Resources secures US$12 Million Financing
    Posted On May 15 ,2014 - 05:11-AM | by admin

    Range Resources Limited announce that it has entered into a Subscription Agreement with Abraham Ltd, a Hong Kong based private institutional investor (the "Investor"). Under the terms of the Subscript...

    Ophir Energy issues Interim Management Statement - May 2014
    Posted On May 15 ,2014 - 05:20-AM | by admin

    Ophir Energy plc ("Ophir" or "the Company") provides an Interim Management Statement and Operational Update for the period 1 January 2014 to 15 May 2014. Corporate Highlights ...

    Cairn to announce Interim Management Statement
    Posted On May 15 ,2014 - 05:43-AM | by admin

    Cairn intends to announce its half year results for the six months to 30 June 2014 on Tuesday 19 August 2014. In advance of these results, Cairn is providing an update on its recent operations and gu...

    Technip confirms very major project award for the engineering, procurement and construction of Yamal LNG
    Posted On May 15 ,2014 - 05:01-AM | by admin

    Technip confirms that with its partners it has finalized the award by JSC Yamal LNG of a very major contract for a liquefied natural gas (LNG) facility with a capacity of 16.5 million tons per year (M...

    Dana Petroleum completes acquisition of interest in Danish licence from PA Resources
    Posted On May 15 ,2014 - 05:31-AM | by admin

    Dana Petroleum has now acquired 40 per cent equity in the Danish 12/06 licence from PA Resources and will assume operatorship from 1 June. PA Resources retains a 24 per cent interest in the licence. F...

    Kenya operational update
    Posted On May 15 ,2014 - 05:05-AM | by admin

    Africa Oil, Tullow Oil’s partner in Blocks 10BB and 13T in Northern Kenya (Tullow 50% operated interest), today issued the following operational updates in their quarterly results statement. T...

    Statoil approves dividend of NOK 7.00 per share
    Posted On May 15 ,2014 - 05:11-AM | by admin

    On 14 May 2014 the annual general meeting of shareholders in Statoil ASA (OSE: STL, NYSE: STO) adopted the annual report and accounts for Statoil ASA for 2013, as proposed by the board of directors. ...

    Refineries gear up with cost effective solutions to optimize processes and maximize production
    Posted On May 15 ,2014 - 05:34-AM | by admin

    In order to cope with challenges like economy changes and varying regulatory standards, refineries are now turning towards more cost effective solutions. Body: Refineries world over are facing vari...

    Neon Energy awarded Block WA-503-P, offshore petroleum exploration permit
    Posted On May 14 ,2014 - 05:06-PM | by admin

    Neon Energy Limited (ASX: NEN) announce that the Company has been awarded the WA-503-P offshore petroleum exploration permit, as Operator and 100% working interest holder, having successfully bid in ...

    Repsol posts net income of 807 million euros
    Posted On May 14 ,2014 - 05:10-AM | by admin

    In the first quarter of 2014, Repsol posted net income of 807 million euros, an increase of 27.3% from the year-earlier period. Adjusted net income at current cost of supply was 532 million euros, a r...

    Repsol celebrates 25 years on the stock exchange
    Posted On May 14 ,2014 - 05:05-AM | by admin

    Repsol celebrated the 25th anniversary of its flotation on the stock market in a ceremony held at the Madrid Stock Exchange. During the event, Repsol Chairman Antonio Brufau rang the bell symbolically...

    Panoro Energy provides an update on the OML 113 license (Aje field) in Nigeria
    Posted On May 14 ,2014 - 05:14-AM | by admin

    Panoro is pleased to announce the completion of a 3D seismic survey over OML 113 license in Nigeria. The Polarcus vessel MV Polarcus Nadia commenced data acquisition on March 24, 2014 and completed sh...

    Ceragon Opens New Competence Center in Bergen, Norway Dedicated to Oil and Gas Market
    Posted On May 14 ,2014 - 05:47-AM | by admin

    Ceragon Networks Ltd., (NASDAQ: CRNT), the #1 wireless hauling specialist, today opened its new competence center in Bergen, Norway, which will be committed to boosting the company’s operations serv...

    SNC-Lavalin awarded oil and gas contract with Abu Dhabi Oil Company Ltd. (Japan)
    Posted On May 14 ,2014 - 05:01-AM | by admin

    SNC-Lavalin Inc. (TSX: SNC) i announce that it has been awarded a contract by Abu Dhabi Oil Company Ltd. (Japan) (ADOC) to provide project management consultancy services for an expansion aimed at inc...

    ConocoPhillips Highlights Progress on Plans for Production and Margin Growth at Annual Meeting of Stockholders
    Posted On May 14 ,2014 - 05:23-AM | by admin

    ConocoPhillips (NYSE: COP) today held its Annual Meeting of Stockholders where it reaffirmed its goal to deliver double-digit annual returns to shareholders. “ConocoPhillips is set for growth,”...

    Lundin announce Edvard Grieg Appraisal Well 16/1-18 has successfully Completed
    Posted On May 14 ,2014 - 05:14-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that the appraisal drilling and testing of the well 16/1-18 on the ...

    Marathon Oil Corporation Reports First Quarter 2014 Results
    Posted On May 14 ,2014 - 05:37-AM | by admin

    Marathon Oil Corporation (NYSE:MRO) today reported first quarter of 2014 adjusted net income was $613 million, or $0.88 per diluted share, compared to adjusted net income in the first quarter of 2013 ...

    Premier provides its Interim Management Statement for the period 1 January to 30 April 2014
    Posted On May 14 ,2014 - 05:57-AM | by admin

    Highlights * Production averaged 65.8 kboepd, up 13% on prior corresponding period; full year guidance maintained at 58-63 kboepd. * Premier-operated Dua, Pelikan, Naga and Solan projects targe...

    Tethys Announces USD 15 Million Equity Financing
    Posted On May 14 ,2014 - 05:47-AM | by admin

    Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) announces today that it has conditionally raised USD 15 million through the issue of 36,894,923 new ordinary shares to new and e...

    Anadarko Announces 50-Percent Dividend Increase
    Posted On May 14 ,2014 - 05:34-AM | by admin

    The Board of Directors of Anadarko Petroleum Corporation (NYSE: APC) today declared a quarterly cash dividend on the company's common stock of 27 cents per share, a 50-percent increase from 18 cents p...

    Noble Energy To Present At UBS Oil And Gas Conference
    Posted On May 14 ,2014 - 05:19-AM | by admin

    Noble Energy, Inc. (NYSE: NBL) announced today that David L. Stover, the Company's President & COO, will present at the UBS Oil and Gas Conference on Wednesday, May 21, 2014 at 8:05 a.m., Central Time...

    Applied Seismology Consultants appoints New General Manager
    Posted On May 13 ,2014 - 05:29-PM | by admin

    Lee Clarke has been appointed as the General Manager and Director of Applied Seismology Consultants Ltd (ASC), the Shrewsbury-based microseismic specialist, part of the Itasca International group of c...

    GE, Devon Sign New Technology Collaboration Agreement to Drive Unconventional Resources Innovations
    Posted On May 13 ,2014 - 05:59-AM | by admin

    GE Oil & Gas (NYSE: GE) and Oklahoma City energy exploration and production company Devon Energy Corporation (NYSE: DVN) today signed a new technology collaboration agreement (TCA) to drive innovation...

    GE Announces New Technology Partnership with Devon Energy at Global Research Oil & Gas Technology Center in Oklahoma City
    Posted On May 13 ,2014 - 05:11-AM | by admin

    GE Oil & Gas (NYSE: GE) announced a new Technology Collaboration Agreement with Devon Energy Corporation (NYSE:DEC) to accelerate the development and testing of products in the field to enhance the pe...

    Conference to address innovative Enhanced Oil Recovery techniques in UAE
    Posted On May 13 ,2014 - 05:08-AM | by admin

    Rapid depletion and ageing of crude oil fields has been pressurizing oil producers to figure out new ways to acquire more oil from discovered oil & gas reserves. The growing importance of extracting o...

    Anadarko to Participate in Upcoming Energy Conferences
    Posted On May 13 ,2014 - 05:04-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) announced that Chairman, President and CEO, Al Walker will participate in the 2014 Citigroup Global Energy and Utilities Conference on Wednesday, May 14, 2...

    Petrobras announce start-up of platform P-62 in Roncador field
    Posted On May 13 ,2014 - 05:48-AM | by admin

    Petrobras announces that production platform P-62, one of the strategic projects of its 2014-2018 Business and Management Plan, started-up on this Monday (05/12/14), in Roncador field, Campos Basin. ...

    Technip awarded contract for the extension of subsea infrastructure on the Alvheim field in the North Sea
    Posted On May 13 ,2014 - 05:09-AM | by admin

    Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installatio...

    Northern Petroleum provides update on Canadian Operations
    Posted On May 12 ,2014 - 05:38-PM | by admin

    Northern Petroleum (AIM: NOP) provides the following production update on the three wells in north west Alberta, Canada. As announced on 3 April 2014, all the wells were successfully drilled and comp...

    Will Holland appointed Chief Financial Officer
    Posted On May 12 ,2014 - 05:15-PM | by admin

    Fastnet Oil and Gas plc ("Fastnet" or the "Company") (AIM: FAST, ESM: FOI), the E&P company focussed on exploration acreage in Africa and the Celtic Sea, is pleased to announce that Will Holland has b...

    Faroe Petroleum announce Butch East exploration well results
    Posted On May 12 ,2014 - 05:31-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that drilli...

    Leni Gas & Oil issue production and drilling update, Trinidad
    Posted On May 12 ,2014 - 05:59-PM | by admin

    LGO is pleased to announce that the Company has now sold over 100,000 barrels of Goudron oil since taking over operations in October 2012. Separately, development well GY-664 has now intersected ...

    Statoil adjusts portfolio in Angola
    Posted On May 12 ,2014 - 05:09-PM | by admin

    Statoil is divesting its 5% participating interest in the ENI-operated block 15/06 offshore Angola to the concessionaire Sonangol E.P. The transaction, subject to customary closing conditions, incl...

    African Petroleum announce listing on Oslo Axess
    Posted On May 12 ,2014 - 05:36-AM | by admin

    African Petroleum Corporation is pleased to announce that on 30 April 2014 the Board of Directors of Oslo Børs resolved to admit the shares in African Petroleum Corporation to listing on Oslo Axess, ...

    SEPLAT named WEFGLOBAL growth company
    Posted On May 12 ,2014 - 05:09-AM | by admin

    The World Economic Forum has named SEPLAT Petroleum Company Development Company Plc. a Global Growth Company. With this recognition, SEPLAT joins a vibrant community of the world’s most dynamic...

    Neste Oil's Production Line 4 at Porvoo to be shut down for maintenance
    Posted On May 12 ,2014 - 05:40-AM | by admin

    Diesel Production Line 4 at Neste Oil's Porvoo refinery will be shut down for maintenance because of an unexpected mechanical failure in one of the line's process units. The turnaround is expected to ...

    Petrobras announce 1Q14 Net Income of R$ 5,393 million
    Posted On May 12 ,2014 - 05:49-AM | by admin

    Petrobras announces its consolidated results stated in millions of Reais, prepared in accordance with International Financial Reporting Standards – IFRS issued by the International Accounting Standa...

    First oil in new well at Lula field
    Posted On May 12 ,2014 - 05:56-AM | by admin

    Petrobras announces that it started up today, at 2:26 pm, the production of well 7-LL-22D-RJS located in Lula field, in the area of Lula NE Pilot, in Santos Basin Pre-Salt Region. This well, with ...

    Petrobras confirms the existence of the volume contracted of 5 billion barrels
    Posted On May 09 ,2014 - 05:27-PM | by admin

    Petrobras announces that it has completed drilling the last exploratory well in the areas of the Transfer of Rights agreement, in the Santos Basin pre-salt. The well 4-BRSA1226-RJS (4-RJS-728), the...

    Range Resources announce Colombia Update and Issue of Shares
    Posted On May 09 ,2014 - 05:51-PM | by admin

    Range announces that, given its focus on Trinidad, it has made a strategic decision for a partial withdrawal from Colombia and has relinquished its investment obligations on PUT-7 block in the Putumay...

    North American Petroleum to acquire 35% Interest in Shoats Creek, Louisiana
    Posted On May 09 ,2014 - 05:04-PM | by admin

    North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, is pleased to announce that it has entered into an agreement with Northcote En...

    Eni Shareholders approve 2013 Financial Statements and appoints the Company Officers at Annual Meeting
    Posted On May 08 ,2014 - 05:34-PM | by admin

    The Ordinary and Extraordinary Meeting of Eni’s Shareholders which was held today, resolved the following: To approve the financial statements at December 31, 2013 of Eni S.p.A. which report a ne...

    Lundin Petroleum issues report for the three months ended 31 March 2014
    Posted On May 08 ,2014 - 05:24-PM | by admin

    HIGHLIGHTS Three months ended 31 March 2014 (31 March 2013)  Production of 28.8 Mboepd (35.6 Mboepd)1  Revenue of MUSD 235.4 (MUSD 310.3)  EBITDA of MUSD 177.8 (MUSD 274.5)  O...

    Abu Dhabi’s Aviation Maintenance Industry Positioned For Growth Following Etihad Airways And Mubadala Agreement
    Posted On May 08 ,2014 - 05:06-PM | by admin

    Etihad Airways, the national airline of the United Arab Emirates, and Mubadala Development Company (Mubadala), today entered into an agreement in which Etihad Airways will acquire Abu Dhabi Aircraft T...

    Saipem awarded E&C contracts for approximately $4 billion
    Posted On May 08 ,2014 - 05:17-PM | by admin

    Saipem has won four new Engineering & Construction contracts, onshore in Saudi Arabia and offshore in Brazil, for a total amount of approximately $4 billion. Saipem has been awarded by Saudi Aramco...

    Tsimiroro Licence Declaration of Commerciality and Operational Update
    Posted On May 08 ,2014 - 05:42-PM | by admin

    Madagascar Oil is pleased to announce that, pursuant to a board resolution passed by a majority vote, the Company's wholly-owned subsidiary, Madagascar Oil S.A. ("Madagascar Oil S.A.", together with t...

    CAMAC Energy Announces First Quarter 2014 Results
    Posted On May 08 ,2014 - 05:06-PM | by admin

    Provides Operational Update on Its West and East Africa Operations CAMAC Energy Inc. ("CAMAC Energy") (NYSE MKT: CAK) announced today financial and operating results for the first quarter of 2014. ...

    GE Announces Introduction of Pioneering “20 ksi” Deepwater Drilling Systems
    Posted On May 08 ,2014 - 05:57-PM | by admin

    GE Oil & Gas (NYSE: GE) unveiled its next-generation blowout preventer (BOP) program that will make 20,000 pounds per square inch (20 ksi) subsea formations the next frontier in offshore oil and gas e...

    GE Oil & Gas Secures First Contracts for SeaLyticsTM BOP Advisor Software with Drilling Contractors Atwood Oceanics and QGOG
    Posted On May 08 ,2014 - 05:16-PM | by admin

    GE Oil & Gas (NYSE: GE) today announced it has secured the first two orders for its new SeaLyticsTM BOP (blowout preventer) Advisor software system with U.S.-based drilling contractor Atwood Oceanics ...

    GE Oil & Gas Wins Two “Spotlight on New Technology” Awards at OTC 2014
    Posted On May 08 ,2014 - 05:00-PM | by admin

    GE Oil & Gas (NYSE: GE) has been honored with two 2014 Spotlight on New Technology Awards for its innovative SeaLytics™ BOP (Blowout Preventer) Advisor and GFI™ Ground Fault Immune Electric Submer...

    Gulf Marine Services publishes its Interim Management Statement
    Posted On May 08 ,2014 - 05:33-PM | by admin

    Gulf Marine Services (LSE:GMS), the leading provider of self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, today publishes its Interim Managemen...

    New World Oil and Gas announce binding framework agreement signed for oil production in Kuwait
    Posted On May 08 ,2014 - 05:53-PM | by admin

    Further to the approval of Shareholders at the Annual General Meeting on 12 September 2013, New World has continued to work with the Subscriber, Niel Petroleum SA ('Niel'), to complete the subscriptio...

    Petroceltic issues Operations Update on Kurdistan Region of Iraq, Egypt & Romania
    Posted On May 08 ,2014 - 05:26-PM | by admin

    Petroceltic International plc ("Petroceltic" or "the Company"), the independent oil and gas exploration company focused on the Middle East, North Africa, Mediterranean and Black Sea regions, announces...

    Global Energy announce Farm-out Agreement signed for Bocachico Association Contract Area
    Posted On May 08 ,2014 - 05:29-AM | by admin

    Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company (AIM: GED) with operations in Colombia, is pleased to announce that it has signed a f...

    West Africa’s future requires new solutions in power technology and investment to improve energy access
    Posted On May 08 ,2014 - 05:14-AM | by admin

    The World Economic Forum (WEF) notes that he insufficient amount and quality of infrastructure is one of the major impediments to developing growth in West Africa West Africa’s future as a compet...

    Heritage Oil Corporation Announces Redemption of Exchangeable Shares
    Posted On May 08 ,2014 - 05:50-AM | by admin

    Heritage Oil Corporation ("Heritage" or the "Corporation") (TSX:HOC) announces its intention to redeem all of the issued and outstanding exchangeable shares (the "Exchangeable Shares") of the Corporat...

    Nostra Terra Oil and Gas announce Increase in borrowing base
    Posted On May 07 ,2014 - 05:29-PM | by admin

    Nostra Terra, the AIM quoted oil and gas producer with a growing portfolio of producing assets in the USA, is pleased to announce that, in line with its increase in production, there has been a 120% i...

    Petro Matad provides Operational Update
    Posted On May 07 ,2014 - 05:03-PM | by admin

    Petro Matad is pleased to provide an update on its operations, results of the interpretation of the 220 kms of seismic acquired over Blocks IV and V in November 2013 and the continuing farmout process...

    CAMAC Energy Signs Petroleum Agreement for the Expanded Shallow Water Tano Block in Ghana
    Posted On May 07 ,2014 - 05:47-PM | by admin

    CAMAC Energy Inc. ("CAMAC Energy") (NYSE MKT: CAK) has signed a Petroleum Agreement with the Government of Ghana covering the Expanded Shallow Water Tano (ESWT) block located in the Tano Basin offshor...

    Eni release report on the purchase of treasury shares
    Posted On May 07 ,2014 - 05:54-PM | by admin

    During the period from April 28 to April 30, 2014, Eni acquired n. 425,000 shares for a total consideration of € 7,914,038.79, within the authorization to purchase treasury shares approved at Eni’...

    Chevron Corporation Reaches Settlement Agreement With Patton Boggs Law Firm
    Posted On May 07 ,2014 - 05:21-PM | by admin

    Chevron Corporation (NYSE: CVX) today announced it has reached a settlement agreement with Patton Boggs LLP, a lobbying and law firm headquartered in Washington, D.C. Chevron had filed counterclaims i...

    OMV expands portfolio in Madagascar
    Posted On May 07 ,2014 - 05:22-PM | by admin

    OMV enters two blocks onshore Madagascar Farm-in agreed with Africa-focused explorer Tullow Transaction in line with OMV’s upstream growth strategy After acquiring an interest offshore Madagasc...

    Eni signs agreements for the sale of Refining & Marketing activities in the Czech Republic, Slovakia and Romania to MOL Group
    Posted On May 07 ,2014 - 05:15-PM | by admin

    Eni signed in Budapest an agreement with MOL Group, a Hungarian oil & gas company, for the sale of its 32.445% stake in Česká Rafinérská a.s. (CRC), a refining company in the Czech Republic. The t...

    Devon Energy Reports First-Quarter 2014 Results
    Posted On May 07 ,2014 - 05:17-PM | by admin

    Devon Energy Corporation (NYSE:DVN) today reported net earnings of $324 million or $0.80 per common share ($0.79 per diluted share) for the quarter ended March 31, 2014. This compares with a first-qua...

    Husky Energy Announces 2014 First Quarter Dividend
    Posted On May 07 ,2014 - 05:19-PM | by admin

    The Board of Directors of Husky Energy (TSX:HSE) has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended March 31, 2014. The dividend will...

    Talisman Energy release first quarter results
    Posted On May 07 ,2014 - 05:55-PM | by admin

    Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the first quarter of 2014. All values are in US$ unless otherwise stated. "Talisman is a more fo...

    Encana to buy producing assets in the Eagle Ford shale field in Texas for $3.1 billion
    Posted On May 07 ,2014 - 05:40-PM | by admin

    In a bold strategic move, Encana (TSX:ECA)(NYSE:ECA) will significantly accelerate its plan to transition its portfolio and grow shareholder value through an agreement reached with Freeport-McMoRan fo...

    Anadarko Announces First-Quarter 2014 Results
    Posted On May 07 ,2014 - 05:48-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) announced its financial and operating results for the first quarter of 2014, including a first-quarter net loss attributable to common stockholders of $2.669...

    CGG Announces First Quarter 2014 Results
    Posted On May 07 ,2014 - 05:59-AM | by admin

    CGG (ISIN: 0000120164 – NYSE: CGG), world leader in Geoscience, announced today its non-audited 2014 first quarter results. First quarter results reflecting execution of contracts secured end-201...

    Blaise Energy uses well head gas to power first commercial CNG production plant in the Bakken demonstrating alternative uses for flare gas
    Posted On May 07 ,2014 - 05:38-AM | by admin

    Blaise Energy announced they are using flare gas to supply the electrical power for a major oil operator producing CNG fuel. Blaise successfully paralleled five natural gas powered generators providin...

    Statoil starts latest Gulf of Mexico drilling campaign
    Posted On May 07 ,2014 - 05:30-AM | by admin

    Statoil (OSE: STL, NYSE: STO) announced today that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. "We consider Marti...

    TGS Increases Investment Offshore Eastern Canada
    Posted On May 07 ,2014 - 05:11-AM | by admin

    TGS announces the expansion of multi-client 2D surveys offshore Eastern Canada with plans to acquire more than 30,000 km of seismic data, in partnership with PGS, utilizing two vessels during the 2014...

    Indus Gas issues operational update
    Posted On May 07 ,2014 - 05:26-AM | by admin

    Indus Gas Limited (AIM:INDI.L), an oil and gas exploration and development company with assets in India, is pleased to announce progress on the following operational matters concerning the RJ-ON/6 Blo...

    Mosman Oil & Gas announce completion of Drilling Site at Petroleum Creek, NZ
    Posted On May 07 ,2014 - 05:02-AM | by admin

    Mosman Oil & Gas (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company, has now completed the site preparation for the first two wells in the NZ drilling programm...

    Songa Offshore SE release April fleet update
    Posted On May 07 ,2014 - 05:19-AM | by admin

    Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 96% during the month working for Mubadala Petroleum in Malaysia. The rig went off contract on May 6, and will now b...

    U.S. Energy Information Administration seeks public comment on proposed expansion of natural gas and crude oil production survey
    Posted On May 07 ,2014 - 05:55-AM | by admin

    As a result of the rapid growth and shifting location of U.S. natural gas and crude oil production, the U.S. Energy Information Administration (EIA) is proposing expanding the geographic coverage of i...

    Xcite announce collaboration agreement with Statoil and Shell
    Posted On May 06 ,2014 - 05:23-PM | by admin

    Xcite Energy announces that its 100% owned subsidiary, Xcite Energy Resources Ltd ("XER"), has entered into a Collaboration Agreement with Statoil (U.K.) Ltd. ("Statoil") and Shell U.K. Ltd. ("Shell")...

    Hess Ranked Top Energy Company in 2014 Best Corporate Citizens List
    Posted On May 06 ,2014 - 05:49-PM | by admin

    Hess Corporation (NYSE: HES) today announced it has been recognized as the highest ranking energy company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens. This...

    Paradigm Announces Paradigm 14 Release
    Posted On May 06 ,2014 - 05:46-PM | by admin

    Paradigm® announces the release of the latest version of its integrated solution suite, Paradigm® 14, to its worldwide user base. Over 700 new features and enhancements have been added to Parad...

    Oliver Kinross Africa Oil & Gas Awards
    Posted On May 06 ,2014 - 05:34-PM | by admin

    The Oliver Kinross Africa Oil & Gas Awards is the only awards ceremony of its kind to focus solely on best practice and achievements made within Africa's booming energy industry On the 9th of Octob...

    Fastnet Oil & Gas issues Foum Assaka Well Update
    Posted On May 06 ,2014 - 05:04-AM | by admin

    In Morocco, the FA-1 well in the Foum Assaka Offshore block has reached a total depth of 3,830 meters and will be plugged and abandoned after failing to encounter commercial hydrocarbons. The well, wh...

    Salamander Energy issues Interim Management Statement
    Posted On May 06 ,2014 - 05:18-AM | by admin

    Salamander Energy plc issues the following Interim Management Statement for the period from 1 January 2014 to 6 May 2014. This statement is issued ahead of Salamander's Annual General Meeting which wi...

    Leni gas and oil Plc announce update on GY-664, Goudron, Trinidad
    Posted On May 06 ,2014 - 05:06-AM | by admin

    LGO is pleased to announce that the first new development well in the Goudron Field, GY-664, successfully reached a depth of 1,680 feet at 7 am (Trinidad) on 3 May 2014, and after logging and casing w...

    CAMAC Energy Announces Arrival of Drilling Rig in Nigeria
    Posted On May 06 ,2014 - 05:55-AM | by admin

    CAMAC Energy Inc. ("CAMAC Energy" or the "Company") (NYSE MKT: CAK) announced today that the Energy Searcher drillship, owned by Northern Offshore Ltd., has arrived in Nigeria. After taking on personn...

    Nostrum announces its intentionUS effect $ 400 million bond issuer substitution and Kazakhstan Stock Exchange ("KASE") listing
    Posted On May 06 ,2014 - 05:59-AM | by admin

    Nostrum Oil & Gas LP (LSE: NOG.L) ("Nostrum"), the oil and gas exploration, development and production business, announces its intention to effect the substitution of Zhaikmunai LLP as the issuer, in ...

    Sterling Energy announce additional farmin to Odewayne Block (Republic of Somaliland)
    Posted On May 06 ,2014 - 05:30-AM | by admin

    Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company (AIM: SEY), is pleased to announce that it has signed a second Farmout Agreement ("Farmout Agreement") with...

    RWE Dea signs Joint Study Agreement in Azerbaijan
    Posted On May 06 ,2014 - 05:46-AM | by admin

    RWE Dea has signed a Joint Study Agreement with the State Oil Company of the Azerbaijan Republic (SOCAR). Both companies will evaluate the hydrocarbon prospectivity in an area south of Baku in the Cas...

    End of enrollment of the Voluntary Separation Incentive Plan
    Posted On May 06 ,2014 - 05:14-AM | by admin

    Petrobras announces that the enrollment period for the Voluntary Separation Incentive Plan (PIDV), announced to the market on January 17, ended on March 31. Validated PIDV enrollment reached 8,298 ...

    Statoil’s farm down in Shah Deniz and South Caucasus Pipeline completed
    Posted On May 06 ,2014 - 05:35-AM | by admin

    On 1 May 2014 Statoil completed the farm down of 10% of its interest of 25.5% in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP (3.33%) and SOCAR (6....

    Noble Energy Announces Letter Of Intent With Union Fenosa Gas For The Export Of Tamar Natural Gas To Existing LNG Facility
    Posted On May 06 ,2014 - 05:25-AM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced the execution of a non-binding Letter of Intent (LOI) between the Tamar field partners and Union Fenosa Gas SA (UFG) for the supply of natural gas from T...

    Dubai to host 9th Annual HR Strategies in Oil, Gas and Petrochemicals Forum
    Posted On May 06 ,2014 - 05:38-AM | by admin

    Dubai is set to host the 9th Annual HR Strategies in Oil, Gas and Petrochemicals Forum between 12 – 14 May 2014. Organized by Fleming Gulf, the forum will take place at Habtoor Grand Beach Resort & ...

    Statoil announce 2014 First quarter results
    Posted On May 02 ,2014 - 05:15-PM | by admin

    Statoil's (OSE:STL, NYSE:STO) first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first quarter of 2013. Adjusted earnings were up 9% to NOK 46.0 billion. "...

    Johan Sverdrup PL265 Appraisal Wells 16/2-19 and 16/2-19A Completed
    Posted On May 02 ,2014 - 05:44-PM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the Johan Sverdrup appraisal well 16/2-19 found 6 metres of good quality oi...

    Rose Petroleum release results from MDU in the Paradox Basin
    Posted On May 02 ,2014 - 05:25-PM | by admin

    Rose Petroleum ("Rose"), (AIM Ticker: ROSE), has noted that MDU Resources Group Inc. (NYSE: MDU) yesterday reported its first quarter earnings. It is of particular interest to note the activities of i...

    Kea Petroleum plc gets ministerial consent
    Posted On May 02 ,2014 - 05:30-PM | by admin

    Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, is pleased to announce that New Zealand Ministerial Consent has been granted to the transfer of a 30% participating intere...

    Petrobras says Pre-salt oil production rises 2.4% and breaks new record in March
    Posted On May 02 ,2014 - 05:41-PM | by admin

    Petrobras announces that its total oil and natural gas production in Brazil in March was 2,331 thousand barrels of oil equivalent per day (boed), up by 0.2% from February’s production of 2,327 thous...

    Subsea 7 S.A. awarded $160 million contract in Gulf of Mexico
    Posted On May 02 ,2014 - 05:36-PM | by admin

    Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a three-year US$160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and...

    Oil and gas discovery in the Drivis prospect
    Posted On May 02 ,2014 - 05:23-PM | by admin

    Statoil has together with PL532 partners made an oil and gas discovery in the Drivis prospect in the Barents Sea. This concludes the 2013/2014 exploration programme around the Johan Castberg field. W...

    Chevron Reports First Quarter Net Income of $4.5 Billion
    Posted On May 02 ,2014 - 05:47-PM | by admin

    Chevron Corporation (NYSE: CVX) today reported earnings of $4.5 billion ($2.36 per share – diluted) for the first quarter 2014, compared with $6.2 billion ($3.18 per share – diluted) in the 2013 f...

    Eni makes a new offshore oil and gas discovery in the Norwegian Barents Sea
    Posted On May 02 ,2014 - 05:56-AM | by admin

    Eni has made a new offshore oil and gas discovery in the Norwegian Barents Sea, approximately 230 km from Hammerfest. The well 7220/7-3S is located 6 kilometers south of the Johan Castberg area on ...

    Repsol approves a new management structure
    Posted On May 02 ,2014 - 05:51-AM | by admin

    Repsol’s Board of Directors today approved, at the behest of the Chairman and with a favourable report from the Nomination and Compensation Committee, a significant remodelling of the executive team...

    Cobalt Announces First Quarter 2014 Results
    Posted On May 01 ,2014 - 05:04-PM | by admin

    Provides Operational Update on its West Africa and Gulf of Mexico Operations Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced a net loss of $57 million, or $0.14 per basi...

    CME Group Inc. Reports Solid First-Quarter 2014 Financial Results
    Posted On May 01 ,2014 - 05:02-PM | by admin

    CME Group Inc. (NASDAQ: CME) today reported revenues of $777 million and operating income of $454 million for the first quarter of 2014. Net income attributable to CME Group was $267 million and dilut...

    African Petroleum announce listing on Oslo Axess
    Posted On May 01 ,2014 - 05:42-AM | by admin

    LISTING APPROVAL FROM OSLO STOCK EXCHANGE AND UPDATE ON LISTING PROCESS Reference is made to the Company’s press release on 28 April 2014 and the press release published by the Oslo Stock Exchang...

    Royal Dutch Shell plc first quarter 2014 results announcement
    Posted On Apr 30 ,2014 - 04:13-PM | by admin

    On Wednesday, April 30, 2014 at 07.00 BST (08.00 CEST and 02.00 EDT) Royal Dutch Shell plc released its first quarter results and first quarter interim dividend announcement for 2014. First quarter...

    Neste Oil signs EUR 1.5 billion revolving credit facility
    Posted On Apr 30 ,2014 - 04:00-PM | by admin

    Neste Oil has signed a new EUR 1.5 billion multi-currency revolving credit facility with a syndicate of 20 core relationship banks. The new facility refinances the Group's existing EUR 1.5 billion fac...

    RWE Dea Egypt reaches initial production targets at natural gas project Disouq
    Posted On Apr 30 ,2014 - 04:21-PM | by admin

    RWE Dea successfully connected development well North West Khilala-1-4 (NWK-1-4) to production. With this well the company reached its initial production target for the natural gas project Disouq in t...

    Dana Petroleum’s Western Isles Project first well successfully tested
    Posted On Apr 30 ,2014 - 04:39-PM | by admin

    First hydrocarbons have flowed from Dana Petroleum’s flagship Western Isles Development Project. The first production well has now been successfully completed and flow tested and a further three ...

    Tullow Oil plc (Tullow) issues Interim Management Statement
    Posted On Apr 30 ,2014 - 04:05-PM | by admin

    Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 January to 30 April 2014, in accordance with reporting requirements of the EU Transparency Directive. This s...

    Recommended Cash Offer for Heritage Oil Plc by Energy Investments Global Ltd a Wholly Owned Subsidiary of Al Mirqab Capital SPC
    Posted On Apr 30 ,2014 - 04:31-PM | by admin

    To be Effected by Means of a Scheme of Arrangement Under the Companies (Jersey) Law 1991 Energy Investments Global Ltd (Bidco) is pleased to announce that it has reached agreement with the Independ...

    Heritage Oil Announces Results for the Year Ended 31 December 2013
    Posted On Apr 30 ,2014 - 04:02-PM | by admin

    Heritage Oil Plc (TSX:HOC)(LSE:HOIL) ("Heritage" or the "Company"), an independent upstream exploration and production company, announces its results for the twelve months ended 31 December 2013. All ...

    Aker Solutions Splits to Boost Competitiveness and Value Creation
    Posted On Apr 30 ,2014 - 04:29-PM | by admin

    Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly comp...

    Aker Solutions ASA announce first-quarter results 2014
    Posted On Apr 30 ,2014 - 04:25-PM | by admin

    Financial Highlights • Sales rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion in the first quarter of 2013. • Earnings before interest, tax, depreciation and amortizat...

    API Conveys API PIDX Trademarks and Publications to PIDX International
    Posted On Apr 30 ,2014 - 04:07-PM | by admin

    Petroleum Industry Data Exchange, Inc. (PIDX International) has closed on its acquisition of the PIDX trademarks and standards publications from the American Petroleum Institute (API). This gives ...

    Eni unveils Italy's first liquefied natural gas fuelling station for heavy duty vehicles
    Posted On Apr 30 ,2014 - 04:56-PM | by admin

    Eni has today opened Italy’s first liquefied natural gas (LNG) fuelling station for heavy duty vehicles, located in Piacenza. The Piacenza LNG fuelling station is the first in a series that Eni i...

    Neste Oil's restructuring of its shipping business now essentially completed
    Posted On Apr 30 ,2014 - 04:53-PM | by admin

    Neste Oil has completed the arrangements to sell its key vessels to companies owned by Finland's National Emergency Supply Agency and Ilmarinen and outsource its ship management functions to OSM Ship ...

    Baker Hughes Declares Quarterly Dividend
    Posted On Apr 28 ,2014 - 04:12-PM | by admin

    Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.1...

    Sound Oil plc announces Nervesa Farm out
    Posted On Apr 28 ,2014 - 04:27-PM | by admin

    Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce that it has signed non-binding heads of terms with Niche Group plc ("Niche") for a farm down of the Company's ...

    Ophir release statement regarding Premier Oil
    Posted On Apr 28 ,2014 - 04:49-PM | by admin

    Further to recent press speculation, Ophir confirms that it recently made an approach to the Board of Premier with an indicative proposal to merge the two businesses. The Ophir Board believed that mer...

    Premier announce Oil discovery at Kuda Laut, Indonesia
    Posted On Apr 28 ,2014 - 04:56-PM | by admin

    Premier is pleased to announce that the Kuda Laut-1 well in Tuna PSC (Premier operator, 65 per cent) offshore Indonesia has discovered 183 feet of net oil-bearing reservoir and 327 feet of net gas-bea...

    Falcon Oil & Gas Ltd. Comments on Recent Share Price Movement
    Posted On Apr 28 ,2014 - 04:53-PM | by admin

    Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the "Company") notes the recent movement in its share price on the TSX Venture Exchange and confirms that it is unaware of any mat...

    Mosman Oil and Gas awards drilling Contract
    Posted On Apr 28 ,2014 - 04:56-PM | by admin

    Mosman Oil and Gas Limited (AIM: MSMN), the New Zealand and Australia focussed oil exploration and development company, is pleased to provide a further operations update on its onshore Petroleum Creek...

    Gulfsands announce award of Exploration and Exploitation Licence in Morocco
    Posted On Apr 28 ,2014 - 04:47-PM | by admin

    Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Colombia, Tunisia and...

    NNPC Urges Nigerians to Embrace Usage of Cooking Gas
    Posted On Apr 28 ,2014 - 04:31-AM | by admin

    The Management of the Nigerian National Petroleum Corporation, NNPC, has expressed its readiness to reinvigorate and increase the domestic consumption of the liquefied natural gas otherwise known as c...

    Gas development key to Nigeria's economic growth
    Posted On Apr 28 ,2014 - 04:57-AM | by admin

    Nigeria’s economic growth is hinged on the development of its abundant natural gas resources, Group Managing Director of the NNPC, Engr. Andrew Yakubu has stated. Engr. Yakubu disclosed this duri...

    African Petroleum announce its application for listing on Oslo Stock Exchange
    Posted On Apr 28 ,2014 - 04:51-AM | by admin

    African Petroleum Corporation, the West Africa focused oil and gas exploration company, is pleased to announce that it applied for listing on 25 April 2014 on Oslo Axess, a regulated market being part...

    AGA to build a new hydrogen production unit at Neste Oil's Porvoo refinery
    Posted On Apr 28 ,2014 - 04:47-AM | by admin

    este Oil and AGA, part of the Linde Group, have signed a long-term hydrogen supply agreement covering Neste Oil's Porvoo refinery, under which AGA will invest to build a new hydrogen production unit a...

    Cuadrilla update on Bowland exploration programme
    Posted On Apr 28 ,2014 - 04:28-AM | by admin

    Cuadrilla Resources is continuing to consult with residents on proposals for two shale gas exploration sites in the Fylde. The company has been carrying out an extensive programme of public consultat...

    Tapendar-1 exploration well offshore Mauritania disappoints
    Posted On Apr 28 ,2014 - 04:40-AM | by admin

    Tullow Oil plc (Tullow) announces that the Tapendar-1 exploration well in the C-10 licence, offshore Mauritania, has not encountered hydrocarbons and the well is being plugged and abandoned. Tapen...

    Technip’s combined Annual General Meeting of April 24, 2014 Summary
    Posted On Apr 24 ,2014 - 04:25-PM | by admin

    Technip’s shareholders met today for the Group’s 2014 Combined Annual General Meeting and approved the following decisions: - Technip’s statutory and consolidated financial statements for the...

    Neste Oil to start purchases of company shares
    Posted On Apr 24 ,2014 - 04:26-PM | by admin

    Neste Oil's Board of Directors has decided to exercise the buyback authorization issued by the Annual General Meeting on 3 April 2014 to purchase company's own shares. Under the authorization, the Boa...

    Mediterranean Oil & Gas announce Litigation Update
    Posted On Apr 24 ,2014 - 04:58-PM | by admin

    The Board notes the announcement from Leni Gas & Oil Plc ("LGO") this morning on the legal claim brought by it against MOG's subsidiary Malta Oil Pty Limited. As MOG had anticipated, LGO confirmed th...

    Trap Oil announce its audited results for the year ended 31 December 2013
    Posted On Apr 24 ,2014 - 04:32-PM | by admin

    Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce its audited ...

    TGS Announces Two New Projects in the Norwegian Barents Sea
    Posted On Apr 24 ,2014 - 04:10-PM | by admin

    TGS commences new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide customers with high quality data prior to the closing of the 23rd Norwegian Licensing round. ...

    Noble Energy Announces First Quarter 2014 Results
    Posted On Apr 24 ,2014 - 04:02-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) announced today first quarter 2014 net income of $200 million, or $0.55 per diluted share on total revenues of $1.4 billion. Excluding the impact of certain items which ...

    Welwitschia-1 Well Spud
    Posted On Apr 24 ,2014 - 04:17-AM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited...

    Bahamas Petroleum announce directorate changes
    Posted On Apr 24 ,2014 - 04:52-AM | by admin

    Bahamas Petroleum is pleased to announce the following changes to the board of directors of the Company ("the Board") with immediate effect. William (Bill) Schrader will join the Board as non-executiv...

    Tethys Petroleum announce third successful gas well in Kazakhstan
    Posted On Apr 24 ,2014 - 04:12-AM | by admin

    Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce the success of Well AK...

    BP Agrees to Sale of Interests in Four Alaska North Slope Assets
    Posted On Apr 24 ,2014 - 04:43-AM | by admin

    BP announced that it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northst...

    Hess Announces Sale of Its Thailand Assets
    Posted On Apr 23 ,2014 - 04:39-PM | by admin

    Hess Corporation announced today it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax c...

    Gazprom and Turkey to look into possible increase in Blue Stream capacity
    Posted On Apr 23 ,2014 - 04:34-AM | by admin

    Ankara hosted today a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turk...

    Dana Gas’ Sukuk Win “Restructuring Deal of the Year” Award
    Posted On Apr 23 ,2014 - 04:48-AM | by admin

    Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, is pleased to announce that it has won the “Restructuring Deal of the Year” award, recognizing the Company...

    Technip agrees to sell its majority share in Seamec
    Posted On Apr 22 ,2014 - 04:36-PM | by admin

    Technip announced today that it has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Limited (BSE: 526807, NSE: SEAMECLTD) to HAL Offshore Limi...

    Topaz secures another West Africa contract
    Posted On Apr 22 ,2014 - 04:19-PM | by admin

    Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation...

    Welwitschia-1 Drilling Operations Expected to Commence this Week
    Posted On Apr 22 ,2014 - 04:39-PM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited...

    AVEVA provides Integrated Engineering and Design solutions to TOTAL E&P Nigeria Ltd
    Posted On Apr 22 ,2014 - 04:51-PM | by admin

    AVEVA announced that TOTAL E&P Nigeria Ltd (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG is the operator of a joint venture...

    FX Energy Reports Successful Production Test at Tuchola-4K Well
    Posted On Apr 22 ,2014 - 04:09-PM | by admin

    FX Energy, Inc. (NASDAQ: FXEN) reported today that it has completed a successful production test of the Tuchola-4K well. With 70 meters of the well open, gas was allowed to flow on three different cho...

    IT experts to come together in Amsterdam at the 2014 Oil and Gas Euro Cyber Security workshop
    Posted On Apr 22 ,2014 - 04:19-PM | by admin

    Following the success of the 2014 Oil & Gas Cyber Security workshop previously held in Abu Dhabi, UAE last January, Caxton Group is proud to announce the inception of the 2014 Oil and Gas Euro Cyber S...

    4th Annual Global Petrochemicals Technology Conference
    Posted On Apr 22 ,2014 - 04:30-PM | by admin

    Petrochemicals conference to focus on manufacturing excellence Investments in Qatar's petrochemical industry are expected to boost its export portfolio to 23 million tons per annum by 2020. With deman...

    Aker Solutions and Baker Hughes Form Subsea Production Alliance
    Posted On Apr 22 ,2014 - 04:02-AM | by admin

    Aker Solutions ASA (OSE:AKSO) and Baker Hughes Incorporated (NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates an...

    Todd Energy Adopts Seismic Interpretation, Formation Evaluation and Reservoir Modeling Solutions from Paradigm
    Posted On Apr 22 ,2014 - 04:05-AM | by admin

    The New Zealand-based company chose the integrated Paradigm product suite to replace its existing multi-vendor implementation Paradigm® (www.pdgm.com) announced today that Todd Energy, a leading e...

    Noble Energy Announces Increased Quarterly Dividend
    Posted On Apr 22 ,2014 - 04:15-AM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that its Board of Directors has approved a quarterly cash dividend of 18 cents per common share, which represents an increase of nearly 29 percent from t...

    African Petroleum Côte d’Ivoire agree PSC Amendments ­on Blocks CI 509 and CI 513
    Posted On Apr 22 ,2014 - 04:28-AM | by admin

    African Petroleum Côte d’Ivoire Limited,a wholly owned subsidiary of African Petroleum Corporation Limited (NSX:AOQ) (the “Company”),and the Government of Côte d’Ivoire have agreed amendment...

    Queens Award for Enterprise: International Trade
    Posted On Apr 22 ,2014 - 04:55-AM | by admin

    EnergyNet is delighted to announce that on the advice of the British Prime Minister, the Rt Hon David Cameron, Her Majesty Queen Elizabeth II will present EnergyNet Ltd. the Queens Award for Enterpris...

    Ukrainian Minister of Energy, Yuri Prodan meets with Eni's CEO Paolo Scaroni
    Posted On Apr 18 ,2014 - 04:18-AM | by admin

    The Ukrainian Minister of Energy, Yuri Prodan, and Eni’s CEO, Paolo Scaroni, met today in Kiev. During the meeting, in light of the changing international scenario, Eni’s CEO and the Minister d...

    Petrobras announces Pre-salt production breaks new record
    Posted On Apr 18 ,2014 - 04:36-AM | by admin

    Petrobras announces that on April 15, oil production in fields operated by Petrobras, in the area known as the Pre-salt Province, in the Santos and Campos Basins, reached the mark of 428 thousand barr...

    Petrobras announces payment of interest on own capital
    Posted On Apr 18 ,2014 - 04:13-AM | by admin

    Petrobras announces it will pay on April 25th, 2014 the 1st and only installment of remuneration to shareholders related to the fiscal year 2013. The payment will be made as Interest on Own Capital (I...

    Technip wins umbilical contract for Kaombo project in Angola
    Posted On Apr 18 ,2014 - 04:53-AM | by admin

    Technip announces that a consortium composed of Angoflex Ltda(1) (owned jointly with Sonangol) and DUCO Ltd(2), has been awarded a large(3) lump-sum contract by Total E&P Angola. The contract consists...

    ShaMaran Announces Atrush-4 Well Tests Results
    Posted On Apr 17 ,2014 - 04:02-PM | by admin

    ShaMaran Petroleum Corp. (TSX VENTURE:SNM)(OMX:SNM) ("ShaMaran" or the "Corporation") is pleased to report the results of the Atrush-4 appraisal/development well ("AT-4") drilled in the Kurdistan Regi...

    Total discovers oil in deep offshore Ivory Coast
    Posted On Apr 17 ,2014 - 04:30-AM | by admin

    The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep offshore west of Ivory Coast. “Drilled in an abrupt margin play, this first w...

    Shell announces Malaysia deep-water gas discovery
    Posted On Apr 17 ,2014 - 04:47-AM | by admin

    Shell today announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was drilled to a total depth of 2,123 metre...

    Total Gabon release final accounts for Y/E December 31, 2013
    Posted On Apr 16 ,2014 - 04:39-AM | by admin

    The Board of Directors of Total Gabon met on April 11, 2014 and approved the final accounts for the year ending December 31, 2013. Brent averaged $108.7 per barrel in 2013, versus $111.7 per barrel...

    GE AND SAUDI ARAMCO LAUNCH GLOBAL INNOVATION CHALLENGE TO FIND RENEWABLE ENERGY SOLUTIONS FOR SEAWATER DESALINATION
    Posted On Apr 16 ,2014 - 04:24-AM | by admin

    GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desali...

    GE Expands Distributed Power Presence in Brazil's Offshore Sector
    Posted On Apr 16 ,2014 - 04:40-AM | by admin

    Expanding its role as a leading energy technology supplier for Brazil's offshore oil and gas sector, GE's (NYSE: GE) Distributed Power business today announced it will supply four additional LM2500+G4...

    New Location for the 9th Annual HR Strategies In Oil, Gas and Petrochemicals Forum Announced
    Posted On Apr 16 ,2014 - 04:27-AM | by admin

    Fleming Gulf's flagship HR forum for the energy sector in the Middle East, the Annual HR Strategies In Oil, Gas and Petrochemicals Forum announced Dubai as the new location for it's 9th edition. Pooja...

    Technip Heerema Alliance wins major Kaombo subsea contract offshore Angola
    Posted On Apr 16 ,2014 - 04:09-AM | by admin

    The consortium, comprising Technip and Heerema Marine Contractors (Heerema), was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation ...

    Tricon Geophysics, Inc. Expands Global Licenses for Paradigm Seismic Processing and Imaging Software Solutions
    Posted On Apr 15 ,2014 - 04:08-PM | by admin

    Seismic services firm adds EarthStudy 360 full-azimuth imaging solution to enhance the interpretation value of seismic images Paradigm® (www.pdgm.com) announced that Tricon Geophysics, Inc., a geo...

    CB&I Awarded Contract for the South Caucasus Pipeline Expansion Project
    Posted On Apr 15 ,2014 - 04:43-PM | by admin

    CB&I (NYSE: CBI) today announced it has been awarded a contract valued in excess of $85 million by a consortium led by BP for engineering and project management services for the development of the...

    Encana announce filling of preliminary prospectus for initial public offering of PrairieSky Royalty
    Posted On Apr 15 ,2014 - 04:02-PM | by admin

    Encana Corporation ("Encana") (TSX:ECA)(NYSE:ECA) announced today that PrairieSky Royalty Ltd. ("PrairieSky"), a wholly-owned subsidiary of Encana, has filed and obtained a receipt for a preliminary p...

    OAO LUKOIL OPTIMIZES HYDROCARBON ASSET PORTFOLIO IN KAZAKHSTAN
    Posted On Apr 15 ,2014 - 04:00-PM | by admin

    Vagit Alekperov, OAO LUKOIL President, signed a purchase and sale agreement today that allows the company to sell its 50-percent stake in the Caspian Investment Resources Ltd to China’s Sinopec. The...

    Noble Energy Announces Management Succession Plan
    Posted On Apr 15 ,2014 - 04:58-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced that Charles D. Davidson, Chairman and Chief Executive Officer, plans to retire May 1, 2015, and that he will leave the Board of Directors at that time. ...

    Aker Solutions Wins Contract to Deliver Subsea Production System for Total's Kaombo Development in Angola
    Posted On Apr 15 ,2014 - 04:03-PM | by admin

    Aker Solutions won a contract worth NOK 14 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver 20 subsea manifolds and ...

    Eni: deposited candidates slates for appointment to the Saipem Board of Directors
    Posted On Apr 14 ,2014 - 04:40-AM | by admin

    Eni has deposited the slates of candidates for appointment to the Board of Directors and the Board of Statutory Auditors, in accordance with Articles 19 and 27 of the By-laws. With reference to Sai...

    Technip wins a contract for Cargill’s new ethanol plant
    Posted On Apr 14 ,2014 - 04:56-AM | by admin

    The Group is strengthening its leading position in providing fermentation ethanol production technology Technip was awarded a contract comprising detailed engineering, procurement and construction ...

    Total launches the development of Kaombo, an ultra-deep offshore project
    Posted On Apr 14 ,2014 - 04:41-AM | by admin

    Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo ...

    Zeta Petroleum signs term sheets to acquire producing Russian oil assets
    Posted On Apr 11 ,2014 - 04:54-PM | by admin

    Zeta Petroleum plc, the ASX listed oil and gas exploration and production company, is pleased to announce it has signed a non-binding term sheet to acquire Stikito Ltd (‘Stikito’) a private compan...

    CEPSA acquires 30% of an exploration block in Liberia
    Posted On Apr 11 ,2014 - 04:43-PM | by admin

    CEPSA has acquired a 30% interest in an exploration block oil in Liberia, the West African coast. This is the Block LB-10, operated by Anadarko Liberia Block 10 Company, a subsidiary of Anadarko Petro...

    Oil and gas discovery near the Njord field – 6406/12-3 S
    Posted On Apr 11 ,2014 - 04:39-PM | by admin

    VNG Norge AS, operator of production licence 586, has concluded the drilling of exploration well 6406/12-3 S. The test results indicate a discovery far larger than expected. The well was drilled on...

    KBR Names Stuart Bradie as President and Chief Executive Officer
    Posted On Apr 11 ,2014 - 04:47-PM | by admin

    KBR (NYSE: KBR), announced that Mr. Stuart Bradie has been named President and Chief Executive Officer of KBR, Inc., effective June 2, 2014. Mr. Bradie succeeds Mr. William "Bill" Utt, who is retiring...

    GE Marks Groundbreaking of New GE Oil & Gas Manufacturing Facility in Dammam
    Posted On Apr 11 ,2014 - 04:18-PM | by admin

    GE (NYSE: GE) has further strengthened its commitment to localized manufacturing with the groundbreaking of the new GE Oil & Gas Manufacturing Facility, located in Second Industrial City in Dammam. Th...

    New GE-Angola Joint Venture Delivers First Major Subsea Equipment Order
    Posted On Apr 11 ,2014 - 04:04-PM | by admin

    GE Oil & Gas (NYSE: GE) announced the first major equipment delivery by its Subsea Systems business, for a major operator, under a contract established by its Angolan joint venture (JV), GE-GLS Oil & ...

    Pemex signs agreements with GDF and Total
    Posted On Apr 11 ,2014 - 04:42-PM | by admin

    Pemex signed two memorandums of understanding (MOUs) with the French energy companies Total and GDF Suez in order to promote technological cooperation and exchange of experiences in different fields. ...

    GasLog Ltd. Announces Agreement to Purchase an Additional Three LNG Carriers from BG Group
    Posted On Apr 11 ,2014 - 04:21-PM | by admin

    Following the announcement today in a separate press release that GasLog Ltd. (“GasLog”) (NYSE:GLOG) has successfully completed the acquisition of three ships from Methane Services Ltd. (“MSL”...

    Lukoil starts seismic survey at Block 10 in Iraq
    Posted On Apr 11 ,2014 - 04:52-AM | by admin

    LUKOIL Overseas (operator of LUKOIL Group's overseas upstream projects) has started a 2D seismic survey at Block 10 in the south of Iraq. 2000 linear kilometers of seismic surveys will be completed b...

    Statoil and Valemon Unit partners make a gas and oil discovery in the Valemon Nord prospect in the North Sea
    Posted On Apr 11 ,2014 - 04:14-AM | by admin

    The discovery wells 34/10-54 S and 34/10-54 A, drilled by the drilling rig Transocean Leader, are located approximately 10 kilometres north of the planned Valemon installation.

    ExxonMobil Foundation’s 2013 Educational Matching Gift Program
    Posted On Apr 10 ,2014 - 04:33-PM | by admin

    ExxonMobil and Employees Donate: $1.3 Million to Oklahoma Colleges and Universities $729,900 to Kansas Colleges and Universities $1.1 Million to New Jersey Colleges and Universities $3.0 Millio...

    Chevron, YPF Continue Development of Vaca Muerta Shale in Argentina
    Posted On Apr 10 ,2014 - 04:25-PM | by admin

    Chevron Corporation (NYSE: CVX) today confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of shale oil and gas resources f...

    Proved reserves of oil and natural gas show divergent trends reflecting large decline in natural gas prices
    Posted On Apr 10 ,2014 - 04:46-PM | by admin

    Crude oil reserves highest since 1976 • Largest annual increase in crude oil reserves since 1970 • Average natural gas prices fell 34% between 2011 and 2012, reducing estimate of recoverable v...

    Frontera announce farmout of Taribani Field and Taribani Field Complex in Georgia
    Posted On Apr 10 ,2014 - 04:10-PM | by admin

    Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, is pleased to announce that its wholly-owned subsidiary...

    Parkmead completes acquisition to treble its stake in the Athena oil field
    Posted On Apr 10 ,2014 - 04:56-PM | by admin

    Parkmead is pleased to report that it has completed the previously announced acquisition of an additional 20 per cent. interest in UK production licence P.1293 (Block 14/18b ALL), containing the Athen...

    Cairn Energy announces board changes - Executive Directors
    Posted On Apr 10 ,2014 - 04:13-PM | by admin

    Cairn announces that as part of its long term succession planning, Dr Mike Watts, Deputy CEO, and Jann Brown, Managing Director and CFO will not seek re-election at the AGM on 15 May 2014 and will sta...

    Faroe Petroleum announce gas and condensate discovery at Solberg Well
    Posted On Apr 10 ,2014 - 04:16-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...

    Enegi Oil provides Update on Marginal Field Initiative
    Posted On Apr 10 ,2014 - 04:34-PM | by admin

    Enegi, the independent oil and gas company, is pleased to provide an update on its marginal field initiative through its joint venture, ABT Oil and Gas ('ABTOG'), with Advanced Buoy Technology (ABTech...

    Taipan Resources Inc. Farms Out 15% of Block 2B Kenya to Tower Resources
    Posted On Apr 10 ,2014 - 04:16-PM | by admin

    Taipan Resources Inc. ("Taipan") (TSX VENTURE: TPN), through its wholly owned Kenya-based subsidiary Lion Petroleum Corp., has signed a binding farm-out agreement with Tower Resources (Kenya) Limited,...

    CNPC and Shell sign global cooperation agreements
    Posted On Apr 10 ,2014 - 04:39-AM | by admin

    CNPC Chairman Zhou Jiping met with Shell CEO Ben van Beurden in Beijing. After a candid and friendly discussion, they signed Cooperation Documents between Shell and CNPC. According to the documents, t...

    Russian pipeline gas supply to China
    Posted On Apr 10 ,2014 - 04:24-AM | by admin

    Gazprom and CNPC point out progress with contract for Russian pipeline gas supply via eastern route Beijing hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Commit...

    Technip awarded FEED contract in Basra, Iraq
    Posted On Apr 10 ,2014 - 04:36-AM | by admin

    Technip, in partnership with China HuanQiu Contracting & Engineering Corporation (HQC), was awarded by Basra Gas Company (BGC*), a front-end engineering design (FEED) contract for Ar Ratawi Natural Ga...

    Petrobras announce Platform P-20 resumes production
    Posted On Apr 09 ,2014 - 04:54-PM | by admin

    Petrobras announces that platform P-20, installed in Marlim field, Campos Basin, restarted production on Monday, April 7, at 10:30 am. The unit was temporarily shutdown due to damage caused by a fire ...

    Shell publishes 2013 Sustainability Report and payments to governments data
    Posted On Apr 09 ,2014 - 04:03-PM | by admin

    Royal Dutch Shell has published its Sustainability Report for 2013, which describes how it is working responsibly to help meet the world’s growing demand for energy. Shell has also published deta...

    Aker Solutions to Supply Subsea Manifolds for Petrobras Pre-Salt Fields
    Posted On Apr 09 ,2014 - 04:19-AM | by admin

    Aker Solutions won a contract worth more than USD 300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil's deepwater offshore f...

    Serinus Energy announce that the Olgovskoye-11 in Ukraine has commenced drilling
    Posted On Apr 08 ,2014 - 04:14-PM | by admin

    Serinus Energy Inc. (“Serinus Energy”, “SEN” or the “Company”) (TSX:SEN, WSE:SEN), an international upstream oil and gas exploration and production company, is pleased to announce that the...

    BP Bulwer Island Refinery Processing To Halt In 2015
    Posted On Apr 08 ,2014 - 04:03-PM | by admin

    BP announced that it intends to halt refining operations at its 102,000 barrels per day (bpd) Bulwer Island refinery in Brisbane, Queensland by mid-2015. Andy Holmes, President of BP Australasia, ...

    Saipem awarded €200 million contract for the expansion of the Versalis plant in Italy
    Posted On Apr 08 ,2014 - 04:36-PM | by admin

    Saipem has been awarded an E&C onshore engineering, procurement and construction contract for the expansion of the Versalis plant in Ferrara, Italy, worth approximately €200 million. The project ...

    Statoil presents the 2013 Oil Sands Report
    Posted On Apr 08 ,2014 - 04:23-PM | by admin

    Statoil’s oil sands production decreased slightly in 2013. CO2 intensity rose due to facility maintenance and the integration of pilot technologies to reduce long-term CO2 intensity. Statoil’s 202...

    JMG partners with Mitsubishi Heavy Industries to support the Privatization of the Power Sector in Nigeria
    Posted On Apr 08 ,2014 - 04:28-AM | by admin

    JMG Limited has always been a leader in Nigeria’s power generator industry. In order to leverage on the dynamic changes in the country’s power sector, it has signed a partnership agreement with Mi...

    Shell lifts first crude oil from the Majnoon oilfield
    Posted On Apr 07 ,2014 - 04:18-PM | by admin

    Shell announced today that the Majnoon oilfield it operates in partnership with South Oil Company (SOC), Petronas and Missan Oil in Southern Iraq has successfully exported its first shipment of crude ...

    Petroceltic provides Kurdistan Region of Iraq Operations Update
    Posted On Apr 07 ,2014 - 04:47-PM | by admin

    Petroceltic International plc (PCI.L) ("Petroceltic" or "the Company"), the independent oil and gas exploration company focussed on the Middle East, North Africa, Mediterranean and Black Sea regions, ...

    Petrobras starts-up third well at Sapinhoá field and registers a new monthly production record in the pre-salt
    Posted On Apr 07 ,2014 - 04:07-AM | by admin

    Petrobras announces the start-up, on Thursday, April 3rd, of well 7-SPH-04-SPS, at a water depth of 2,120 meters, in Sapinhoá field, in the Santos Basin Pre-Salt Region. This well has an estimated pr...

    EIA to begin staged release of full Annual Energy Outlook 2014
    Posted On Apr 07 ,2014 - 04:49-AM | by admin

    On Monday April 7, the U.S. Energy Information Administration (EIA) will begin the staged release of the complete Annual Energy Outlook 2014 (AEO2014), expanding on the AEO2014 Reference case tables a...

    ExxonMobil and Employees Donate more than $44 Million to U.S. Colleges and Universities
    Posted On Apr 04 ,2014 - 04:17-PM | by admin

    ExxonMobil and its employees are donating $44.2 million to higher education institutions across the country as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program, an increase...

    Afren announces board appointment
    Posted On Apr 04 ,2014 - 04:14-AM | by admin

    Afren plc ("Afren" or the "Company") announces the appointment of Mr Iain McLaren as a Non-executive Director of the Company. He will join the Audit and Risk Committee, and eventually become its Chair...

    Victoria Oil and Gas announces Logbaba Project Update in Cameroon
    Posted On Apr 04 ,2014 - 04:09-AM | by admin

    Highlights Commencement of gas pipeline extension under the Wouri river to Bonaberi area Preparation work begun in anticipation of May 2014 drilling start 1.03mmscf/d of customer GSA agreements a...

    Anadarko Announces Settlement of Tronox Adversary Proceeding
    Posted On Apr 03 ,2014 - 04:50-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced that it has entered into an agreement with the plaintiffs (the "Litigation Trust") in the Tronox Adversary Proceeding to resolve all claims a...

    Leni gas and oil announce Update on, Cedros Peninsula, Trinidad
    Posted On Apr 03 ,2014 - 04:37-PM | by admin

    LGO today announces further progress on agreements with Beach Oilfield Limited ("BOLT") in the Cedros Peninsula of SW Trinidad with the conclusion of payments under the Data Agreement and the commence...

    Genel Energy announce acquisition of interests in offshore Angola pre-salt exploration licences
    Posted On Apr 03 ,2014 - 04:30-PM | by admin

    Genel Energy plc (“Genel”) is pleased to announce that, together with White Rose Energy Ventures (“WREV”), it has agreed to acquire 15% working interests in Blocks 38 and 39 offshore Angola. ...

    Statoil farms down in Angolan pre-salt
    Posted On Apr 03 ,2014 - 04:05-AM | by admin

    Statoil has signed an agreement to farm down a 15% interest to WRG Angola Block 39 Limited (“WRG”) in the Statoil-operated block 39 offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50...

    CAMAC Energy Chairman and CEO to Initiate Stock Purchase Plan
    Posted On Apr 03 ,2014 - 04:22-AM | by admin

    Commits to Purchase up to Two Million Shares in the Open Market CAMAC Energy Inc. ("CAMAC Energy") (NYSE MKT: CAK) announced that Kase L. Lawal, Chairman and Chief Executive Officer, has adopted a...

    Chariot Oil & Gas announce commencement of 3D seismic acquisition offshore Morocco
    Posted On Apr 03 ,2014 - 04:51-AM | by admin

    Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, is pleased to announce that, in conjunction with its partner, ONHYM (25%), it has commenced a 1,700...

    Rosneft Acquires Orenburg Drilling Company
    Posted On Apr 03 ,2014 - 04:23-AM | by admin

    Rosneft completed acquisition of 100% share in Orenburg Drilling Company from VTB-Leasing Group. Acquisition of Orenburg Drilling Company is the key aspect of the program aimed at the re-equipment ...

    Wingårdhs delivers the winning proposal in architectural competition
    Posted On Apr 03 ,2014 - 04:39-AM | by admin

    Statoil’s architectural competition for the planned new building at Forus West was won by the Swedish architects’ office Wingårdhs with the project proposal “E = mc²”. “Wingårdhs’ p...

    Paolo Scaroni meets President of Mozambique
    Posted On Apr 03 ,2014 - 04:43-AM | by admin

    The President of the Republic of Mozambique, Armando Guebuza, and Eni’s CEO, Paolo Scaroni, met today in Bruxelles for an update on Eni’s activities and projects in the country. During the comp...

    Cheniere and Endesa Sign 20-Year LNG Sale and Purchase Agreement
    Posted On Apr 02 ,2014 - 04:27-PM | by admin

    Cheniere signs next customer for LNG sales from Corpus Christi - Endesa contracts for approximately 1.5 million tonnes per annum of LNG Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced...

    Max Petroleum announce successful appraisal well at Sagiz West
    Posted On Apr 02 ,2014 - 04:12-AM | by admin

    Max Petroleum Plc, an oil and gas company focused on Kazakhstan, is pleased to announce successful drilling results of the final well in the current appraisal drilling programme in the Sagiz West Fiel...

    BP Appoints New Chief Scientist
    Posted On Apr 01 ,2014 - 04:00-PM | by admin

    BP today announced the appointment of Dr Angela Strank to the position of BP Chief Scientist. She succeeds Dr Ellen Williams, who has been nominated as Director of the Advanced Research Projects Agenc...

    Roc Oil announce proved plus probable (2P) petroleum reserves increased by 71%
    Posted On Apr 01 ,2014 - 04:49-PM | by admin

    HIGHLIGHTS  2P Reserves increase by 71% to 20.9 mmboe as at 1 January 2014  2C Resources increase to 48.8 mmboe  Best Estimated Prospective Risked Resource upgraded to 43.6 mmboe  ...

    Roc Oil farms in Production Sharing Contract for three fields located offshore Malaysia
    Posted On Apr 01 ,2014 - 04:56-PM | by admin

    Roc Oil Company Limited (ASX: ROC), is pleased to announce the farm in to a Production Sharing Contract (PSC) which includes three fields D35, D21 and J4 (Fields), located offshore Malaysia in water d...

    Apache to sell western Canada assets for $374 million
    Posted On Apr 01 ,2014 - 04:39-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) and its subsidiaries today announced an agreement to sell producing oil and gas assets in the Deep Basin area of western Alberta and British Columbia, Canada, fo...

    Primeline Commences 3D Seismic Survey in Block 33/07, East China Sea
    Posted On Apr 01 ,2014 - 04:01-PM | by admin

    Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSXV: PEH) announced that its contractor, China Oilfield Services Ltd. (COSL), has commenced the 3D seismic survey in Block 33/07, East C...

    Repsol starts gas production at the Kinteroni field in Peru
    Posted On Apr 01 ,2014 - 04:03-AM | by admin

    Repsol has started gas production in the Kinteroni field, Peru, one of the ten key projects included in its 2012-2016 Strategic Plan. The field, located in Cuzco, east of Lima, Peru, will initially pr...

    DONG Energy signs agreement with Marubeni Corporation and UK Green Investment Bank
    Posted On Apr 01 ,2014 - 04:55-AM | by admin

    DONG Energy has today signed an agreement to sell 50 per cent of the 210 megawatt UK offshore wind construction project Westermost Rough to Marubeni Corporation and UK Green Investment Bank. At com...

    United Hydrocarbon Announces Successful Drilling in Chad
    Posted On Apr 01 ,2014 - 04:58-AM | by admin

    United Hydrocarbon International Corp. is announcing the successful results of drilling two wells on its Production Sharing Contract area in the Doba Basin, located in southern Chad. The “Belanga...

    BW Offshore signs Letter of Award (LOA) with Premier Oil
    Posted On Apr 01 ,2014 - 04:42-AM | by admin

    BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a FPSO to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final ...

    Petrobras announces oil and natural gas production in February
    Posted On Apr 01 ,2014 - 04:12-AM | by admin

    Petrobras announces that in February, Petrobras’ total oil and natural gas production in Brazil was 2,327,000 barrels of oil equivalent per day (boed), up 0.7% from January’s production of 2,310,0...

    ExxonMobil Releases Reports to Shareholders on Managing Climate Risk
    Posted On Apr 01 ,2014 - 04:18-AM | by admin

    All energy sources, including carbon-based fuels, are necessary to meet future global energy demand growth as society manages the risks of climate change, ExxonMobil said today in two reports to share...

    Eni signs final agreement with Statoil on revision of terms in long-term gas supply contracts
    Posted On Apr 01 ,2014 - 04:51-AM | by admin

    Eni has today signed the final detailed agreement with Statoil on the revision of the terms of its long-term gas supply contract. This revision reflects the changed conditions of the gas market. Th...

    Dolphin secures 4 months 3D seismic contract in East Africa
    Posted On Mar 31 ,2014 - 03:16-PM | by admin

    Dolphin has been awarded a 3D seismic contract with a non-disclosed major Oil Company in East Africa. The survey, covering several areas to be explored, will be carried out with a Dolphin high-capacit...

    Bowleven announce interim results
    Posted On Mar 31 ,2014 - 03:36-PM | by admin

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, today announces its interim results for the six months ended 31 December 2013. OPERATIONAL UPDATE  Building on the s...

    Roc Oil sells entire interest Basker Manta Gummy (BMG)
    Posted On Mar 31 ,2014 - 03:15-PM | by admin

    Roc Oil Company Limited (ASX: ROC) today announced that it has signed a sale and purchase agreement to sell its entire 50% participating interest in the Basker Manta Gummy (BMG) field to Cooper Energy...

    Ecopetrol continues to grow in the deepwater U.S. Gulf of Mexico
    Posted On Mar 31 ,2014 - 03:46-PM | by admin

    Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that its U.S. affiliate (Ecopetrol America Inc.) placed the most competitive bids for 11 blocks in the "Central Planning Area Lease Sale 2...

    RWE offshore wind farm attracts new investor
    Posted On Mar 31 ,2014 - 03:50-PM | by admin

    RWE Innogy has today agreed terms for the sale of a 10% share in its Gwynt y Môr offshore wind farm with the UK Green Investment Bank. RWE Innogy will generate £220m of new capital as a result of th...

    RWE announce start of construction at Königshovener Höhe wind farm
    Posted On Mar 31 ,2014 - 03:52-PM | by admin

    Joint venture project of the city of Bedburg and RWE Investment volume of some € 70 million for first construction phase Senvion supplies the systems of the 3.2 megawatt class First phase due to...

    Lukoil starts production at West Qurna-2 oil field in Iraq
    Posted On Mar 31 ,2014 - 03:50-PM | by admin

    LUKOIL has started commercial production at the West Qurna-2 oil field in Iraq today. The official ceremony was attended by Hussain al-Shahristani, Deputy Prime Minister of Iraq, Arkady Dvorkovich, De...

    Oando Energy Resources extends completion date FOR acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips
    Posted On Mar 31 ,2014 - 03:48-PM | by admin

    Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, announced that, further to its press...

    IGas Energy plc announce completion of Exploration Drilling
    Posted On Mar 31 ,2014 - 03:38-PM | by admin

    IGas (LSE: IGAS), one of the leading producers of onshore hydrocarbons in the UK, is pleased to announce it has completed drilling operations on the Irlam-1 well at Barton Moss in Eccles. This explor...

    GE and PETRONAS Sign New Global Frame Agreement
    Posted On Mar 31 ,2014 - 03:51-PM | by admin

    GE (NYSE: GE) has signed a new seven-year Global Frame Agreement with PETRONAS, Malaysia’s leading oil and gas corporation. The agreement, which includes an option to renew for a further three years...

    Afren plc announce 2013 Full Year Results
    Posted On Mar 31 ,2014 - 03:33-PM | by admin

    Record revenues and cash flows; production ahead of guidance, continued exploration success and significant balance sheet strength The Board of Afren plc (“Afren” or “the Group”) announces i...

    Paradigm Names Dave Rhodes as Executive Vice President of Sales, Services and Marketing
    Posted On Mar 31 ,2014 - 03:12-PM | by admin

    Rhodes will leverage over 15 years of experience in sales leadership to further increase the company’s market share Paradigm® (www.pdgm.com) today announced the appointment of Dave Rhodes to th...

    Husky Energy Delivers Production at the Liwan Gas Project in the South China Sea
    Posted On Mar 31 ,2014 - 03:54-AM | by admin

    Husky Energy (TSX:HSE) and CNOOC Limited have commenced first production at the landmark Liwan Gas Project in the South China Sea. "Liwan is Husky's largest project to date and places us inside the...

    Repsol and Indra develop a safety system to detect hydrocarbons, the first of its kind in the world
    Posted On Mar 31 ,2014 - 03:38-AM | by admin

    Repsol and Indra have jointly developed the world’s first water-based hydrocarbon leak early detection system, which will further increase safety conditions at all its facilities.

    Repsol shareholders back the agreement between the Government of Argentina and the company
    Posted On Mar 31 ,2014 - 03:47-AM | by admin

    Repsol’s Annual General Meeting approves YPF compensation agreement Repsol’s Executive Chairman, Antonio Brufau presented the “Convenio de Solución Amigable y Avenimiento de Expropiación” t...

    CNOOC announce its annual results for the year ended December 31, 2013
    Posted On Mar 31 ,2014 - 03:15-AM | by admin

    CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced its annual results for the year ended December 31, 2013. In 2013, the Company continued to increase its investment in e...

    Total and InterOil close Elk-Antelope gas field Transaction
    Posted On Mar 31 ,2014 - 03:11-AM | by admin

    Total and InterOil Corporation have closed a revised sales and purchase agreement covering the Elk-Antelope gas field in Petroleum Retention Licence 15 in Papua New Guinea. Under the revised agreem...

    Technip certified as Top Employer in 19 countries
    Posted On Mar 31 ,2014 - 03:55-AM | by admin

    Technip is proud to announce that it has been certified as a Top Employer 2014 in 19 countries. This independent certification, delivered by the Top Employers Institute, underlines the quality of Tech...

    Espírito Santo in Brazil
    Posted On Mar 31 ,2014 - 03:38-AM | by admin

    Statoil has received formal approval to enter the São Bernardo discovery in Espírito Santo. The discovery further strengthens Statoil's belief in the oil potential in the basin. On 19th March, Ag...

    Lekoil issues OPL 310 Operations Update
    Posted On Mar 28 ,2014 - 03:35-AM | by admin

    Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, provides an update on activities in OPL 310 offshore Nigeria. OPL 310 contains the Ogo d...

    Sonde Resources Corp. release of its financial and operating results for the year ended December 31, 2013
    Posted On Mar 28 ,2014 - 03:47-AM | by admin

    Sonde Resources Corp. ("Sonde" or the "Company") (TSXV:SOQ) (NYSE MKT: SOQ) announced today the release of its financial and operating results for the year ended December 31, 2013. Message to Shar...

    Foster Wheeler and Kentz Joint Venture Company awarded contracts by Shell for Majnoon Oil Field development in Iraq
    Posted On Mar 28 ,2014 - 03:40-AM | by admin

    Foster Wheeler Kentz Energy Services DMCC, the Dubai-based joint venture company of Foster Wheeler and Kentz, announced that it has been awarded framework contracts by Shell Iraq Petroleum Development...

    Maire Tecnimont signs agreement for a petrochemical complex in Egypt
    Posted On Mar 28 ,2014 - 03:37-AM | by admin

    Agreement signed with Carbon Holdings for the EPCC contract relating to the Utilities and Offsite Facilities for the Tahrir Petrochemical Complex Overall Project value is expected to be approxima...

    Chevron Acquires Shallow Water Acreage Offshore Myanmar
    Posted On Mar 27 ,2014 - 03:04-AM | by admin

    Exploration lease in prospective Rakhine Basin awarded in bid round Chevron Corporation (NYSE: CVX) today announced its Myanmar subsidiary, Unocal Myanmar Offshore Co., Ltd., has been granted explor...

    Tullow issues update on Blocks 10BB and 13T onshore Kenya
    Posted On Mar 27 ,2014 - 03:42-AM | by admin

    Tullow Oil plc (Tullow) announces the results of a series of recent exploration and appraisal activities conducted by the four rigs currently operating in Blocks 10BB and 13T onshore Kenya. The Emo...

    Chevron Demonstrates Advanced Protection of Delo 400 XLE 10W-30 at 2014 Mid-America Trucking Show
    Posted On Mar 27 ,2014 - 03:11-AM | by admin

    Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo brand of technologically advanced engine oils, lubricants and coolants, today announced plans to conduct a live teardown of ...

    Eni to invest €125 million at Versalis Mantua to consolidate production and expand research
    Posted On Mar 27 ,2014 - 03:08-AM | by admin

    Eni will invest €125 million in its Versalis plant in Mantua to under the Group’s 2014/17 four-year strategic plan. Versalis is an environmentally and economically sustainable plant which links th...

    Polymet Growing Business in the Middle East
    Posted On Mar 27 ,2014 - 03:05-AM | by admin

    Polymet Corporation, a leading manufacturer of hardfacing, welding and thermal spray wire and powder will be traveling to Dubai in early April to visit Tech International LLC, Polymet’s regional dis...

    CGG and Baker Hughes Sign Exclusive Long-Term RoqSCAN Agreement as Part of Shale Science Alliance
    Posted On Mar 26 ,2014 - 03:02-PM | by admin

    CGG (NYSE/Euronext: CGG) announced today that it has signed an exclusive agreement with Baker Hughes Incorporated (NYSE: BHI) for RoqSCANTM technology offered by CGG. RoqSCAN is a real-time, fully ...

    Statoil awarded exploration acreage offshore Myanmar
    Posted On Mar 26 ,2014 - 03:01-AM | by admin

    Together with partner ConocoPhillips, Statoil has been awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal. Block AD-10 cover more than 9,000 km2, and is located 200 km fr...

    20th Western Africa Oil, Gas/LNG & Energy 2014 Conference, Windhoek, Namibia, 15-16 April 2014
    Posted On Mar 25 ,2014 - 03:28-PM | by admin

    Ministry of Petroleum, Angola speaking in Windhoek, Namibia, April 15, 2014 Global Pacific & Partners hosts it’s 20th Western Africa Oil, Gas/LNG & Energy 2014 Conference, at the Country Club, Wi...

    Nigeria to Grow Domestic Gas Consumption from 1.7bcf to 5.4bcf by 2019
    Posted On Mar 24 ,2014 - 03:04-PM | by admin

    The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Engr. Andrew Yakubu announced that the prevailing gas infrastructure component of the Gas Master plan is designed to ...

    Ophir announces completion of sale of 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy
    Posted On Mar 24 ,2014 - 03:40-PM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) is pleased to announce that the transaction reported on 14 November 2013 to sell a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy ha...

    Frontier provides farm-out update for Namibia and Zambia
    Posted On Mar 24 ,2014 - 03:10-PM | by admin

    The Board of Frontier (AIM Ticker: FRI), the AIM - traded international oil and gas exploration company with assets in Oman, Zambia and Namibia is pleased to provide shareholders with an operational u...

    Ghana parliament ratifies petroleum agreement for Expanded Shallow Water Tano Block
    Posted On Mar 24 ,2014 - 03:37-PM | by admin

    Ghana's Parliament ratified the petroleum agreement among the government of Ghana and five organisations for the exploration of oil in the Expanded Shallow Water Tano Block. The organisations are th...

    Petrofac awarded EP contract in Oman
    Posted On Mar 24 ,2014 - 03:07-PM | by admin

    Petrofac, the international service provider to the oil and gas industry, has been awarded an Engineering and Procurement (EP) contract by Petroleum Development Oman (PDO) to provide services for its ...

    DOFAS offers O&G companies independent and neutral assessment for Digital Oilfield Programs
    Posted On Mar 24 ,2014 - 03:20-PM | by admin

    Digital Oilfield Assessment Services (DOFAS) has been created by seasoned O&G consultants and SMEs, specialists in Digital Oil Field development and operations. They have joined forces to offer indepe...

    Anadarko Petroleum Corporation (NYSE: APC) today issued the following statement in response to today's favorable ruling in the Deepwater Horizon Trial
    Posted On Mar 24 ,2014 - 03:24-AM | by admin

    Al Walker, Anadarko Chairman, President and CEO stated "Today's ruling is consistent with previous Court determinations that we were not at fault for the Deepwater Horizon event. We look forward to se...

    Panoro Energy provides an update on the OML 113 license (Aje field) in Nigeria
    Posted On Mar 24 ,2014 - 03:16-AM | by admin

    Panoro Energy ASA is pleased to announce that a Field Development Plan (FDP) to develop the Aje Field has been approved by the Department of Petroleum Resources (DPR) in Nigeria. Panoro also announce ...

    Neste Oil and Concordia Maritime to sell their jointly owned tankers
    Posted On Mar 19 ,2014 - 03:48-PM | by admin

    Neste Oil and Concordia Maritime have decided to sell Panamax tankers, the Stena Poseidon and the Palva, which they own through jointly held companies, to Transport Maritime St-Laurent Inc.of Canada. ...

    Petróleo Brasileiro S.A. announce start-up of Platform P-58 in Parque das Baleias
    Posted On Mar 18 ,2014 - 03:45-PM | by admin

    Petrobras announces that the production platform P-58 started-up operation this Monday (03/17/14) in the complex known as Parque das Baleias, off the coast of Espírito Santo state in Campos Basin, in...

    The 1st National Forum for the Gabon Oil & Gas Industry receives full support from the Ministry of Petroleum and Hydrocarbons
    Posted On Mar 18 ,2014 - 03:10-PM | by admin

    The Ministry of Petroleum and Hydrocarbons today has pledged its full support to the inaugural Gabon Oil & Gas Forum, taking place on May 6-7, 2014. Organised by The Energy Exchange, the launch of the...

    Imperial Agrees to Sell Certain Western Canada Conventional Oil and Gas Assets
    Posted On Mar 17 ,2014 - 03:55-PM | by admin

    Imperial Oil Limited has reached an agreement to sell its interest in assets located in Boundary Lake, Cynthia/West Pembina, and Rocky Mountain House in Western Canada to Whitecap Resources Inc. for a...

    Paradigm to Present Solutions for Unconventional Plays, G&G Interpretation, Geologic Modeling, Formation Evaluation and Facies Determination at AAPG 2014
    Posted On Mar 17 ,2014 - 03:41-PM | by admin

    Solution demonstrations showcase high science, product integration and interconnectivity, and multi-user collaboration to ensure advanced science for everyone. Paradigm® will feature its latest i...

    Saipem awarded € 2 billion contract for the South Stream Offshore Pipeline
    Posted On Mar 17 ,2014 - 03:34-PM | by admin

    Saipem has been contracted by South Stream Transport B.V. for the construction of the first line of the South Stream Offshore Pipeline, from Russia to Bulgaria across the Black Sea, for a total value ...

    PetroNeft provides funding and operations update
    Posted On Mar 17 ,2014 - 03:48-PM | by admin

    AIM-listed PetroNeft Resources, owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, has announced a funding and operations update. Highlights $6.7 million fundraising consi...

    Fastnet announce Operational Update on Foum Assaka Well FA-1, offshore Morocco
    Posted On Mar 17 ,2014 - 03:33-PM | by admin

    Fastnet Oil & Gas Plc ("Fastnet") (AIM: FAST, ESM: FOI), the E&P company focused on exploration acreage in Africa and in the Celtic Sea, is pleased to announce that its partner and operator in the Fou...

    Oilex announce Cambay Basin - Cambay-77H Fracture Stimulation Contractor
    Posted On Mar 17 ,2014 - 03:01-PM | by admin

    Schlumberger has been awarded the fracture stimulation services contract for Cambay-77H Programme is based upon Plug and Perf method consisting of four stages Equipment and personnel will mobilise a...

    Cairn energy announce Morocco operational update
    Posted On Mar 17 ,2014 - 03:02-PM | by admin

    The following operational update relates to Cairn’s 2014 exploration drilling campaign on the JM-1 well, offshore Morocco, where operations commenced in January 2014. The JM-1 well (Cairn Working...

    Caracal Energy and TransGlobe Energy Announce Proposed Business Combination to Create One of the Largest Independent Africa Focused Oil Producers
    Posted On Mar 17 ,2014 - 03:35-PM | by admin

    Caracal Energy Inc. (LSE:CRCL) ("Caracal") and TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) ("TransGlobe") announced today that they have entered into an agreement (the "Arrangement Agreement")...

    Pipeline Simulation Conference Comes to Baltimore, Maryland
    Posted On Mar 17 ,2014 - 03:16-AM | by admin

    Once a leading port of entry to the United States for immigrants, Baltimore will see an influx of pipeline simulation experts, researchers and vendors from around the world to attend the Forty Fifth A...

    BP is allowed back into the fold
    Posted On Mar 14 ,2014 - 03:40-PM | by admin

    BP Reaches Administrative Agreement with EPA Resolving Suspension and Debarment bp

    Licence Blocks A1 and A4 The Gambia
    Posted On Mar 14 ,2014 - 03:51-AM | by admin

    African Petroleum Corporation Limited (NSX: AOQ) (the “Company”) advises that its wholly owned subsidiary African Petroleum Gambia Limited (“AP Gambia”) has lodged Requests for Arbitration wit...

    Exploration drilling of the Boni prospect in the Baronang PSC, Natuna Sea, Indonesia completed
    Posted On Mar 13 ,2014 - 03:37-PM | by admin

    Lundin PetroleumAB (Lundin Petroleum) announces that the exploration drilling of the Boni prospect in the Baronang PSC, Natuna Sea, Indonesia has been completed.

    Van Oord awarded large dredging contract in Kuwait
    Posted On Mar 13 ,2014 - 03:25-PM | by admin

    Van Oord has been awarded a land reclamation project in Kuwait. The client is the Kuwait National Petroleum Company (KNPC). The contract value amounts to approximately EUR 500 million. The project ...

    Tullow Asserts Force Majeure Event on Offshore Guinea Project
    Posted On Mar 13 ,2014 - 03:16-PM | by admin

    Hyperdynamics Corporation (NYSE: HDY) announced that Tullow Guinea Limited ("Tullow") asserted on March 11, 2014 to the Government of Guinea and members of the Consortium its claim that there has been...

    Oryx announces successful results of BAN-1 Exploration Well in Kurdistan Region of Iraq
    Posted On Mar 13 ,2014 - 03:30-AM | by admin

    Fourth Consecutive Discovery in Hawler License Area Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces that the successful testing of the BAN-1 expl...

    Gulf Keystone announce third-party audit of the company's Kurdistan reserves and contingent resources
    Posted On Mar 13 ,2014 - 03:44-AM | by admin

    Gulf Keystone today announces the release of the first third-party evaluation of the Company's Reserves, Contingent Resources and Prospective Resources for the Shaikan field and its other petroleum in...

    Apache completes sale of Argentina operations to YPF Sociedad Anonima
    Posted On Mar 13 ,2014 - 03:42-AM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) today announced it has completed the previously disclosed sale of its Argentina operations and properties to YPF Sociedad Anonima for cash payment of US $800 mil...

    RWE Dea continues successful development of gas resources in Egypt
    Posted On Mar 13 ,2014 - 03:41-AM | by admin

    The development of RWE Dea’s natural gas project Disouq in the Egyptian Nile Delta is progressing successfully. The company confirmed another positive appraisal of the North West Khilala (NWK) Gas F...

    Petrobras confirms deep-water discovery in Potiguar Basin
    Posted On Mar 13 ,2014 - 03:32-AM | by admin

    Petrobras announces that it has completed drilling wildcat well 1-BRSA-1205-RNS (1-RNS-158), located in deep-waters of the Potiguar Basin. The results confirm the discovery of intermediate oil (24º A...

    Shell management day 2014 presentation
    Posted On Mar 13 ,2014 - 03:20-AM | by admin

    Shell’s CEO Ben van Beurden today reinforces his priorities for the company in presentations to financial markets. Shell’s strategy is founded on technological expertise, disciplined capital in...

    Oil & Gas Cyber Security Training Course to be hosted in Dubai this April
    Posted On Mar 12 ,2014 - 03:59-PM | by admin

    Cyber security is a growing concern within the oil & gas sector nowadays. Cyber threats to oil and gas suppliers signifies an increasingly challenging problem for national security and economic compet...

    Neste Oil Rally Helsinki Battle - a unique urban rally on 26 July
    Posted On Mar 12 ,2014 - 03:22-AM | by admin

    Neste Oil has been the title sponsor of the FIA World Rally Championship rally held in Finland for the past 20 years. To celebrate this year's anniversary, Neste Oil is to bring a headline rally event...

    ABB gets $60 million telecom contracts for Statoil platforms
    Posted On Mar 12 ,2014 - 03:14-AM | by admin

    ABB, the leading power and automation technology group, has won three orders worth $60 million for internal and external telecommunication systems for three Statoil projects on the Norwegian Continent...

    South Stream transport to sign contract for laying first string of South Stream’s offshore section in March 2014
    Posted On Mar 12 ,2014 - 03:04-AM | by admin

    Alexey Miller, Chairman of the Gazprom Management Committee took part today in the South Stream Transport Supervisory Board meeting in Zurich (Switzerland). The Board members approved the signing o...

    Atlas Pipeline Partners Retains Citigroup Global Markets
    Posted On Mar 12 ,2014 - 03:00-AM | by admin

    To Sell Its Interest In West Texas LPG Pipeline Limited Partnership Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership") announced today that it has retained Citi...

    Renewed focus on workforce training necessary in U.S.
    Posted On Mar 11 ,2014 - 03:19-PM | by admin

    Tillerson Urges Construction Unions to Support Pro-Growth Energy Policies U.S. energy sector employees can help accelerate economic growth and employment by supporting sound energy policies and edu...

    Belzona Presenting at European Offshore & Energy on April 8
    Posted On Mar 11 ,2014 - 03:23-PM | by admin

    On the 8th of April 2014, Colin Bateman, Belzona Polymerics Technical Service Manager, will be talking about the latest developments in process vessel internal erosion and corrosion management solutio...

    InterOil Begins Drilling Wahoo-1, Second of up to Eight Wells in $300M Campaign
    Posted On Mar 11 ,2014 - 03:45-PM | by admin

    InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced it had started drilling the Wahoo-1 exploration well in Papua New Guinea following approval by the Papua New Guinea Department of Petrole...

    TOYO Awarded LNG Regasification Plant Project in India
    Posted On Mar 11 ,2014 - 03:42-PM | by admin

    Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a regasification plant project by Petronet LNG Ltd, India. The plant is to be constructed at Dahej, located ...

    Chevron Reaffirms Strategies, Highlights Performance, Portfolio and Future Growth
    Posted On Mar 11 ,2014 - 03:38-PM | by admin

    Chevron Corporation (NYSE: CVX) is continuing to generate industry-leading operational and financial results and advancing key projects to drive future growth, executives said today at the company's a...

    CME Group Receives Regulatory Approval for Launch of its European Exchange
    Posted On Mar 11 ,2014 - 03:52-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, announced today it has received approval from the United Kingdom's Financial Conduct Authority (FCA) for a London-based derivat...

    Contract awards for Barents seismic
    Posted On Mar 11 ,2014 - 03:45-PM | by admin

    WesternGeco and PGS have been awarded contracts for seismic acquisition in the southeastern Barents Sea. The surveys cover blocks proposed for the 23rd concession round by the Norwegian Ministry of...

    Review of financial reporting for Statoil's 2012 annual report completed
    Posted On Mar 11 ,2014 - 03:41-AM | by admin

    Finanstilsynet (The Financial Supervisory Authority of Norway) has completed a periodic review of the consolidated financial statements of Statoil ASA (OSE:STL, NYSE:STO) for 2012. The review has cov...

    US concerned about Illicitly Obtained Oil From Libya
    Posted On Mar 11 ,2014 - 03:21-AM | by admin

    The United States is deeply concerned by reports that a vessel sailing under the name Morning Glory is loading a cargo of illicitly obtained oil at the Libyan port of As-Sidra. This action is coun...

    Global Energy announce Farm-out Agreement signed for Bolivar Association Contract Area
    Posted On Mar 10 ,2014 - 03:53-PM | by admin

    Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company (AIM: GED) with operations in Colombia, is pleased to announce that it has signed a f...

    Swala Secures Funding for Multi-Well Drilling Program
    Posted On Mar 10 ,2014 - 03:13-PM | by admin

    Swala Energy Limited (“Swala” or “the Company”) is pleased to announce the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integra...

    SacOil announce operations Update
    Posted On Mar 10 ,2014 - 03:05-PM | by admin

    SacOil, the South African based independent African oil and gas company listed on the JSE and AIM (JSE: SCL / AIM: SAC), is pleased to provide the following update on its on-going operational activiti...

    Petrobras confirms discovery of good quality oil in Transfer of Rights area
    Posted On Mar 08 ,2014 - 03:14-PM | by admin

    Petrobras announces that it has completed drilling two wells located in the Transfer of Rights area, at Santos Basin. Results have confirmed the discovery of good quality oil in the pre-salt reservoi...

    Royal Dutch Shell plc fourth quarter 2013 Euro and GBP equivalent dividend payments
    Posted On Mar 07 ,2014 - 03:21-PM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2013 interim dividend, which was announced on ...

    IndianOil signs transaction agreement with PCC BV
    Posted On Mar 07 ,2014 - 03:48-PM | by admin

    Indian Oil Corporation Limited (IOCL) through its wholly owned affiliate IndOil Montney Ltd, Canada have signed transaction agreements with Progress Energy Canada Ltd. (Progress Energy Canada), PETRON...

    Ministry of Oil and Gas of Oman, approved Masirah’s entry into the Second Phase
    Posted On Mar 07 ,2014 - 03:11-PM | by admin

    Masirah Oil Limited (“Masirah”) is pleased to announce that the Ministry of Oil and Gas of Oman, approved Masirah’s entry into the Second Phase of the Minimum Work Obligation starting from 23 ...

    Discovery at the second exploration well in Block 50 Oman
    Posted On Mar 07 ,2014 - 03:07-PM | by admin

    Masirah Oil Limited (“Masirah”) today announced the test flow rates of the previously announced discovery at the second exploration well in Block 50 Oman, were very encouraging. The explorati...

    DeepWater Buoyancy Delivers Flotation Technologies Marine Measurements and Offshore Oil & Gas Products
    Posted On Mar 07 ,2014 - 03:23-AM | by admin

    First orders shipping to Woods Hole Oceanographic Institute and FMC Teledyne RDI partner product line re-launched DeepWater Buoyancy, Inc. has re-launched the reliable, time-tested oceanography/m...

    Esso Angola Awards Welltec a Direct Contract for Services in West Africa
    Posted On Mar 07 ,2014 - 03:45-AM | by admin

    Welltec Corporation, a Danish based, oil and gas services company, is pleased to announce the award of a three year, direct contract from Esso Exploration Angola (Block 15) Limited (Esso Angola), Op...

    TTethys Petroleum Limited announce successful First Gas Well of 2014 Programme
    Posted On Mar 07 ,2014 - 03:03-AM | by admin

    Tethys Petroleum Limited ("Tethys") (TSX:TPL) (LSE:TPL), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that AKK17, the first...

    Neste Oil took even stronger stand against deforestation in 2013 - all sustainability results from 2013 published
    Posted On Mar 07 ,2014 - 03:24-AM | by admin

    Neste Oil has published its Sustainability Report for 2013, which contains the results of the Neste Oil Sustainable Way program last year. The report can be found in English at

    Petrobras announces Oil and natural gas production in January
    Posted On Mar 07 ,2014 - 03:59-AM | by admin

    Petrobras announces that January’s total oil and natural gas production in Brazil was 2,310,000 barrels of oil equivalent per day (boed), down by 2.2% from the December 2013, that was 2,362,000 boed...

    Petrobras reports a production record of 40,000 barrels per day at Cascade and Chinook per day
    Posted On Mar 07 ,2014 - 03:13-AM | by admin

    Petrobras announces that, on March 04th, 2014, production at Cascade and Chinook fields hit 40,000 barrels per day. This figure represents a new production record for the fields, which produce through...

    Neste Oil together with its Dutch partners win a Sustainable Bio Award for their work on sustainable aviation biofuel
    Posted On Mar 06 ,2014 - 03:55-AM | by admin

    Neste Oil together with its Dutch partners win a Sustainable Bio Award for their work on sustainable aviation biofuel

    Technip wins Jangkrik subsea package in Indonesia
    Posted On Mar 06 ,2014 - 03:42-AM | by admin

    Leveraging its unique subsea vertical integration and strong presence in Asia

    RWE Dea and Lionsraw secure the long-term future of the Cleveland Juniors Football Club in Middlesbrough
    Posted On Mar 05 ,2014 - 03:29-PM | by admin

    Last Tuesday, the first sod of turf was turned for a new club house for the Cleveland Juniors Football Club in Middlesbrough in northern England. With support from RWE Dea, the Football Foundation and...

    ExxonMobil to Start Production at Record Number of New Oil and Gas Projects in 2014
    Posted On Mar 05 ,2014 - 03:10-PM | by admin

    Ten major projects to add new capacity of 300,000 net oil equivalent barrels per day this year

    Oil and Gas Logistics Forum features Best Practices in Material Handling
    Posted On Mar 05 ,2014 - 03:42-AM | by admin

    The 3rd Logistics in Oil, Gas and Petrochemical Industry Forum to feature speakers from leading NOC from UAE. Future development of energy logistics is dependent on the expansion of the oil, gas an...

    Technip awarded contract to provide onshore FEED for world’s first commercial gas carbon capture and storage project in Scotland
    Posted On Mar 05 ,2014 - 03:36-AM | by admin

    Project supports development of key technology to reduce carbon emissions Technip has been awarded a contract by Shell UK Limited to provide front-end engineering design (FEED) for the onshore el...

    U.S. Court Declares Ecuador Judgment Against Chevron Corporation Fraudulent, Unenforceable
    Posted On Mar 05 ,2014 - 03:24-AM | by admin

    The U.S. District Court for the Southern District of New York today ruled that the $9.5 billion judgment against Chevron Corporation in Ecuador was the product of fraud and racketeering activity, find...

    Decision taken to discontinue gas price discount for Ukraine starting from April
    Posted On Mar 04 ,2014 - 03:51-PM | by admin

    A working meeting took place today between Russian Prime Minister Dmitry Medvedev and Gazprom Management Committee Chairman Alexey Miller. Alexey Miller reporting to Dmitry Medvedev that Gazprom reso...

    Oryx Petroleum Corporation Limited Announces Testing Confirms Discovery Offshore Congo (Brazzaville)
    Posted On Mar 04 ,2014 - 03:13-PM | by admin

    Testing Confirms Reservoir Qualities and Fluid Characteristics Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announced that the testing of the E-1 explorati...

    BP to Form Separate Business to Manage US Lower 48 Onshore Oil and Gas Assets
    Posted On Mar 04 ,2014 - 03:05-PM | by admin

    The move is expected to improve competitiveness, helping US Lower 48 onshore business remain at the forefront of innovation and development of technologies for unconventional resources

    Africa Oil Announces Farmouts in the Rift Basin Area and Adigala Blocks in Ethiopia
    Posted On Mar 04 ,2014 - 03:30-PM | by admin

    Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) ("Africa Oil" or the "Company") is pleased to announce that it has received Ethiopian government approval in respect of two farmout agreements: Marathon ...

    OER Extends Completion Date For Acquisition of Conocophillips Nigerian Assets
    Posted On Mar 04 ,2014 - 03:51-PM | by admin

    Oando PLC through its subsidiary Oando Energy Resources (OER) has entered into an agreement with ConocoPhillips (COP) to extend the outside date for completion of the acquisition of COP’s Nigerian a...

    Chevron Corporation Statement on U.S. Federal Court RICO and Fraud Decision
    Posted On Mar 04 ,2014 - 03:34-PM | by admin

    The U.S. District Court for the Southern District of New York today ruled that the $9.5 billion judgment against Chevron Corporation in Ecuador was the product of fraud and racketeering, finding it un...

    OER Extends Completion Date For Acquisition of Nigerian Upstream Oil and Gas Business of Conocophillips
    Posted On Mar 04 ,2014 - 03:39-PM | by admin

    Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its...

    Anadarko Announces 2014 Capital Program and Guidance
    Posted On Mar 04 ,2014 - 03:51-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced its 2014 capital expectations and guidance, concurrent with the company's Investor Conference in Boston, Mass.

    CME Group Volume Averaged 14.0 Million Contracts per Day in February 2014, Up 2 Percent from February 2013 and Up 8 Percent from January 2014
    Posted On Mar 04 ,2014 - 03:50-PM | by admin

    Eurodollar futures average daily volume increased 21 percent and Eurodollar options increased 92 percent - Natural Gas average daily volume increased 29 percent - Dubai Mercantile Exchange average d...

    Adopting global best practices to arrest corrosion
    Posted On Mar 03 ,2014 - 03:50-PM | by admin

    Michael Surkein, Senior Materials and Corrosion Consultant at ExxonMobil - USA to present at the 3rd Annual Corrosion Management Summit Floating Production, Storage and Offloading - FPSO provides a...

    Circle Oil Plc give operations update on Egypt
    Posted On Mar 03 ,2014 - 03:49-PM | by admin

    Circle Oil Plc (AIM: COP), the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field ("AASE") and the Ge...

    Jura Announces Commencement of Drilling at the Haleema Prospect in the Badin IV South Block
    Posted On Mar 03 ,2014 - 03:06-PM | by admin

    Jura Energy Corporation (“Jura”) announced today that drilling has commenced at the Haleema-1 exploratory well in the Badin IV South block which is located in the prolific oil and gas Lower Indus ...

    Rolls-Royce shares next generation engine designs
    Posted On Mar 03 ,2014 - 03:27-PM | by admin

    Rolls-Royce today shared details of its next generation of engine designs, which could be ready within ten years, featuring technology innovation designed to transform performance. The company has ...

    COMESA Adopts Paradigm Software to Support Its Expansion into Latin America and Texas Oil & Gas Plays
    Posted On Mar 03 ,2014 - 03:07-PM | by admin

    Using different tools including Paradigm interpretation and modeling solutions, COMESA achieves 40% time reduction from seismic acquisition to first oil production for Mexico client.

    Neste Oil's premium-quality NEXBTL renewable solutions to be profiled at World Bio Markets in Amsterdam, 4-6 March
    Posted On Mar 03 ,2014 - 03:29-PM | by admin

    Neste Oil, the world's leading producer of renewable diesel, will be one of the companies taking part in the World Bio Markets event held in Amsterdam between 4 and 6 March. The focus of the company's...

    Statoil’s Zafarani reservoir in Tanzania Block 2 successfully tested
    Posted On Mar 03 ,2014 - 03:09-PM | by admin

    Statoil and co-venturer ExxonMobil today announce the results from their first drill stem test in the Tanzania Block 2 offshore discoveries.

    Dana Gas Upgrades El Wastani Plant in Egypt to Increase Production by 25%
    Posted On Mar 03 ,2014 - 03:39-PM | by admin

    Scheduled upgrade and maintenance work on the El Wastani gas plant to commence on the 28th February 2014 and take approximately two weeks • The upgrade will allow production output capacity to incr...

    Belzona to Exhibit Latest Innovations in Polymer Technologies at CIPPE 2014
    Posted On Mar 02 ,2014 - 03:15-PM | by admin

    Belzona Polymerics Ltd., a leader in the manufacturing of protective coatings and repair composites, will be showcasing its innovations in polymer technologies at the 14th China International Petroleu...

    Victoria Oil & Gas release corporate video "On the Ground in Douala" - Operations Film
    Posted On Feb 28 ,2014 - 02:37-PM | by admin

    Victoria Oil & Gas, the emerging African energy utility company, announces that a new corporate video is now available on the Company's website (www.victoriaoilandgas.com) encompassing an overview of ...

    PGS Announces New MultiClient GeoStreamer® Surveys in Côte D’Ivoire
    Posted On Feb 28 ,2014 - 02:48-PM | by admin

    Two new PGS MultiClient GeoStreamer® surveys offshore Côte d’Ivoire drive further exploration success in the Atlantic Equatorial Transform Margin. Petroleum Geo-Services (PGS), with local part...

    VAALCO Energy Provides Update On Operations offshore Gabon
    Posted On Feb 28 ,2014 - 02:52-PM | by admin

    VAALCO Energy, Inc. (NYSE: EGY) today provided the following update on recent activities.

    Roxi petroleum issues Galaz operational update
    Posted On Feb 28 ,2014 - 02:53-PM | by admin

    Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz assets. The Galaz block is located in the Kyzylorda Ob...

    Neste Oil and DONG Energy to begin cooperation on technology development for renewable fuels
    Posted On Feb 28 ,2014 - 02:55-PM | by admin

    Neste Oil, the world's largest producer of premium-quality renewable fuels, has joined forces with DONG Energy, one of the leading energy groups in Northern Europe, to develop an integrated process to...

    Lynx - The Hazardous Area Ethernet Switch Solution for the Global market
    Posted On Feb 28 ,2014 - 02:26-PM | by admin

    Westermo is delighted to announce the release of a significant extension to its range of compact and ultra-reliable managed Ethernet switches. The lynx range has been enhanced with 10 new models desig...

    Technip awarded contract in Brunei
    Posted On Feb 28 ,2014 - 02:23-PM | by admin

    Technip has been awarded a significant* contract by Total E&P Borneo B.V.,covering engineering, procurement, supply, construction and commissioning (EPSCC).

    Pan Orient Provides Operational Update on its Thailand and Indonesia Operations
    Posted On Feb 27 ,2014 - 02:14-PM | by admin

    Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is pleased to provide an update on operations in Thailand and Indonesia. Concession L53 Onshore Thailand (Pan Orient Op...

    Cobalt Announces Fourth Quarter and Year- End 2013 Results
    Posted On Feb 27 ,2014 - 02:16-PM | by admin

    Provides Operational Update on its West Africa Drilling Operations Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced a net loss of $222 million, or $0.55 per basic and di...

    Schlumberger Launches Degradable Alloy Technology to Optimize Well Productivity
    Posted On Feb 27 ,2014 - 02:41-PM | by admin

    Schlumberger announced the introduction of the ELEMENTAL* degradable alloy balls for multistage stimulation treatments. The technology demonstrates predictable and complete degradation of the alloy ba...

    Transocean announces construction contracts for two newbuild ultra-Deepwater drillships
    Posted On Feb 27 ,2014 - 02:28-PM | by admin

    Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that a subsidiary has awarded contracts to Sembcorp Marine's subsidiary, Jurong Shipyard, in Singapore for construction of two newbuild dynamically po...

    Eni signs Heads of Agreement with Statoil on revision of terms in long-term gas supply contract
    Posted On Feb 27 ,2014 - 02:28-PM | by admin

    Eni has today signed a Heads of Agreement with Statoil on the revision of the terms of its long-term gas supply contract. These revisions include amongst others pricing and volume.

    CGX Energy Announces Rig Share MOU with Inpex and PETRONAS and Seismic Data Reprocessing
    Posted On Feb 27 ,2014 - 02:30-PM | by admin

    CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with Teikoku Oil (Suriname) Co., Ltd., a wholly-owne...

    Gazprom applying efficient cost management system to investment program
    Posted On Feb 27 ,2014 - 02:29-AM | by admin

    The Gazprom Board of Directors took note of the information regarding the Company's pricing policy for the procurement of goods, works and services as part of the investment program execution, includi...

    Logistics for Oil, Gas and Petrochemical Industry Conference
    Posted On Feb 27 ,2014 - 02:48-AM | by admin

    Titan Containers, IBS Group and ORTEC to share insights. Oil, gas and petrochemical project logistics accounts for a major portion of the forecast market growth in the logistics industry. Given th...

    IMF Mission Urges Ghana Government to Address Short-Term Vulnerabilities
    Posted On Feb 26 ,2014 - 02:47-PM | by admin

    A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during February 12-25, 2014, to conduct discussions for the 2014 Article IV consultation. The mission met...

    Eni completes purchase of 51% share in Acam Clienti S.p.A. (La Spezia)
    Posted On Feb 26 ,2014 - 02:00-PM | by admin

    Eni purchases a controlling stake in Acam Clienti S.p.A. after obtaining antitrust authorisation Eni has purchased a 51% share in the company Acam Clienti S.p.A. following the completion of the ten...

    Apache Corporation highlights growth and free cash flow-generating assets in global portfolio
    Posted On Feb 26 ,2014 - 02:55-PM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) will provide a comprehensive presentation at its investor conference in Houston today on the company's global operations and its 2014 plans for attractive produc...

    TAQA announces leadership change
    Posted On Feb 26 ,2014 - 02:16-PM | by admin

    TAQA, the international energy and water company from Abu Dhabi, today announces a leadership succession. After six years at TAQA, Carl Sheldon has decided to step down as Chief Executive Officer a...

    Argentina and Repsol reach a compensation agreement over the expropriation of YPF
    Posted On Feb 26 ,2014 - 02:15-PM | by admin

    The agreement approved today by Repsol’s Board of Directors must be ratified by the Annual General Shareholders’ Meeting and by the Argentinean Parliament

    Lukoil starts production drilling at the Imilorsko-Istochniy license area ahead of schedule
    Posted On Feb 26 ,2014 - 02:20-PM | by admin

    Vagit Alekperov, OAO LUKOIL President, participated in the ceremony dedicated to the start of production drilling at the Imilorsko-Istochniy license area today. The prompt launch puts the Company c...

    Oil Basins exercises option to acquire 25% interest in offshore gippsland permit VIC/P47
    Posted On Feb 26 ,2014 - 02:35-PM | by admin

    The Directors of Oil Basins Limited (OBL, ASX codes OBL and OBLOB) are pleased to take the following ASX announcement to keep the market fully informed. Further to the ASX Release dated 18 Novemb...

    BP Starts up Na Kika Phase 3 in Deepwater Gulf Of Mexico
    Posted On Feb 26 ,2014 - 02:56-AM | by admin

    BP today announced the start-up of Na Kika Phase 3, a project supporting BP’s strategy of growing high-margin production at four BP-operated hubs in the deepwater Gulf of Mexico. The first Na Kik...

    BP commits to Odfjell Drilling platform services with 4 year contract extension
    Posted On Feb 26 ,2014 - 02:30-AM | by admin

    BP has chosen to extend the present Platform Drilling Services contract in the UK for a further 4 years from December 2014, by declaring two 2-year options. This brings the contract to a renewal date ...

    Songa Offshore SE announce allocations of shares in subsequent offering
    Posted On Feb 26 ,2014 - 02:49-AM | by admin

    Reference is made to the prospectus dated 4 February 2014 and the stock exchange announcement dated 25 February 2014 regarding the subsequent offering (the "Subsequent Offering") of up to 61,000,000 s...

    Heritage Oil Provides an Operational Update on OML 30, Nigeria
    Posted On Feb 26 ,2014 - 02:51-AM | by admin

    Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, provides an operational update on OML 30, Nigeria, that includes unaudited information and may be subj...

    Petrobras signs a technology partnership agreement with Williams team in Formula 1
    Posted On Feb 26 ,2014 - 02:13-AM | by admin

    We are once again together with the Williams team in Formula 1. CEO Graça Foster and deputy team head and commercial director of Williams, Claire Williams, have signed the new technological partnersh...

    Petrobras announce 4Q13 Net Income of R$6,281 million
    Posted On Feb 26 ,2014 - 02:46-AM | by admin

    Petrobras announces today its consolidated results stated in millions of Reais, prepared in accordance with International Financial Reporting Standards – IFRS issued by the International Accounting ...

    Canadian Oil Sands Files Certain Annual Disclosure Documents
    Posted On Feb 25 ,2014 - 02:11-PM | by admin

    Canadian Oil Sands Limited (the "Corporation") (TSX:COS)(OTCQX:COSWF) filed with Canadian securities regulatory authorities the Corporation's audited consolidated annual financial statements for the y...

    United industry behind joint seismic acquisition
    Posted On Feb 25 ,2014 - 02:23-PM | by admin

    The project for joint seismic acquisition in the southeastern Barents Sea has been joined by 16 new companies. A total of 33 companies are now part of this project, which will secure good data quality...

    Eni renewed the Framework Agreement with the Consiglio Nazionale delle Ricerche (CNR)
    Posted On Feb 25 ,2014 - 02:27-PM | by admin

    Eni has today renewed the Framework Agreement with the Consiglio Nazionale delle Ricerche (CNR) for cooperation in research, focused on the production of sustainable energy, environmental safeguard an...

    Kurdistan Regional Government exercises back-in right to Miran PSC
    Posted On Feb 25 ,2014 - 02:15-AM | by admin

    Genel Energy plc ("Genel" or "the Company") announces that, on 23 February 2014, the Kurdistan Regional Government ("KRG") notified the Company of its

    Taipan Resources carry out additional 2D seismic on Simba Energy's Block 2A
    Posted On Feb 25 ,2014 - 02:59-AM | by admin

    Simba Energy Inc. (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF) (the “Company” or “Simba”) announces that it has granted permission to Taipan Resources Inc. (“Taipan”) operator of Block 2B in ...

    Songa Offshore announce completion of subscription period for subsequent offering
    Posted On Feb 25 ,2014 - 02:08-AM | by admin

    Reference is made to the prospectus dated 4 February 2014 and the stock exchange announcement dated 5 February 2014 regarding the subsequent offering (the "Subsequent Offering") of up to 61,000,000 sh...

    OPEC daily basket price stood at $106.68 a barrel Friday, 21 February 2014
    Posted On Feb 24 ,2014 - 02:19-PM | by admin

    The price of OPEC basket of twelve crudes stood at 106.68 dollars a barrel on Friday, compared with $106.79 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Ba...

    Paradigm Initiates a Program to Provide Free Software to Independent Consultants
    Posted On Feb 24 ,2014 - 02:30-PM | by admin

    The VIP Consultant Program will give independent consultants the ability to use Paradigm software to help promote advanced science solutions in the mid-market

    Dana Petroleum welcomes publication of Sir Ian Wood’s recommendations line
    Posted On Feb 24 ,2014 - 02:30-PM | by admin

    Dana Petroleum has today welcomed the publication of the final report by Sir Ian Wood on maximising recovery in the UKCS.

    Saipem awarded E&C offshore contracts in Indonesia and in the Republic of Congo
    Posted On Feb 24 ,2014 - 02:58-PM | by admin

    Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. In Indonesia, Eni has awarded a consort...

    Independent Oil and Gas announce completion of Gas Sales Agreement with BP Gas Marketing Ltd
    Posted On Feb 24 ,2014 - 02:24-PM | by admin

    Independent Oil and Gas plc (AIM:IOG.L) is pleased to announce that it has entered into a gas sales agreement with BP Gas Marketing Ltd, a wholly

    Kosmos Energy Announces Fourth Quarter and Full Year 2013 Results
    Posted On Feb 24 ,2014 - 02:39-PM | by admin

    Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the fourth quarter and full year 2013. For the fourth quarter of 2013, the Company reported net income...

    Fastnet Oil & Gas announce update on Foum Assaka well, offshore Morocco
    Posted On Feb 24 ,2014 - 02:48-PM | by admin

    Fastnet Oil & Gas Plc ("Fastnet" or the "Company") (AIM: FAST, ESM: FOI), the E&P company focused on near term exploration acreage in Africa and the Celtic Sea, is pleased to announce that its partner...

    Shell signs agreement to advance major clean energy project at Peterhead
    Posted On Feb 24 ,2014 - 02:16-PM | by admin

    Shell has signed an agreement with the UK Government to progress the Peterhead Carbon Capture and Storage (CCS) project to the next phase of design.

    Swala Commits to Further Exploration in Tanzania
    Posted On Feb 24 ,2014 - 02:51-PM | by admin

    Swala Energy Limited (“Swala” or “the Company”), through its 65% owned subsidiary Swala Oil & Gas (Tanzania) PLC, advises that it has informed the Tanzanian Petroleum Development Corporation (...

    CAMAC Energy Closes Allied Energy Acquisition
    Posted On Feb 24 ,2014 - 02:13-PM | by admin

    Pays Stock Dividend

    Rosneft Signs Memorandum of Understanding with Mitsui & Co., Ltd
    Posted On Feb 24 ,2014 - 02:39-PM | by admin

    Rosneft President, Chairman of the Management Board Igor Sechin and Mitsui & Co., Ltd. President and CEO Masami Iijima signed a Memorandum of Understanding. The document implies the creation of a j...

    Wood Group PSN appoints new Australia & Asia Pacific managing director
    Posted On Feb 24 ,2014 - 02:50-AM | by admin

    Wood Group PSN (WGPSN) has appointed a new regional managing director to lead its Australia & Asia Pacific business. Andrew Stewart (36), previously the company’s southern operations business manage...

    African Petroleum announce A$20 Million Share Placement and Listing Update Share Placement
    Posted On Feb 24 ,2014 - 02:55-AM | by admin

    African Petroleum Corporation Limited (NSX:AOQ) (“African Petroleum” or the “Company”) is pleased to announce that it has received firm commitments for a placing of 83,334,000 new fully paid o...

    CME Group Named "Best Futures Exchange" by Markets Media Magazine for the Second Year in a Row
    Posted On Feb 22 ,2014 - 02:55-PM | by admin

    CME Group, the world's leading and most diverse derivatives marketplace, today announced the company was named "Best Futures Exchange" by Markets Media's 2014 Market's Choice Awards, as voted by peers...

    ExxonMobil Engineers Encourage Girls to See Future in Math and Science
    Posted On Feb 21 ,2014 - 02:01-PM | by admin

    More than 2,500 students to attend “Introduce a Girl to Engineering” events at facilities nationwide

    Shell agrees sale of downstream businesses in Australia to Vitol
    Posted On Feb 21 ,2014 - 02:28-PM | by admin

    Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 ...

    Det norske,Tullow Oil plc issue press release on Langlitinden prospect
    Posted On Feb 21 ,2014 - 02:15-PM | by admin

    Det norske, the Operator of well 7222/11-2 on the Langlitinden prospect, in which Tullow Oil plc (Tullow) is a 15% partner, has today issued the following press release: Discovery on Langlitinden...

    Oando Energy Resources confirm successfully acquiring all funds required to complete the acquisition
    Posted On Feb 21 ,2014 - 02:01-PM | by admin

    We refer to various newswire and print reports released this week insinuating the inability of Oando Energy Resources’ (OER) to raise funds to conclude the acquisition of ConocoPhillips Nigerian ass...

    New well goes into operation in Sapinhoá field, producing 33 thousand barrels per day
    Posted On Feb 21 ,2014 - 02:45-PM | by admin

    Petrobras announces that well 9-SPS-77, in Sapinhoá Field, in the Santos Basin Pre-Salt, went on stream last Tuesday, February 18th, 2014 at 5:15 pm. This well, which produces 33 thousand barrels per...

    CAMAC Energy Announces FPSO Contract for Production Operations Offshore Nigeria
    Posted On Feb 20 ,2014 - 02:31-PM | by admin

    FPSO Armada Perdana Secured for up to Seven Years 195968_camac

    Schlumberger Introduces New Fracturing Technique
    Posted On Feb 20 ,2014 - 02:46-PM | by admin

    BroadBand Sequence significantly increases productivity in unconventional reservoir completions

    Ophir Energy announce Padouck Deep drilling operations commenced
    Posted On Feb 20 ,2014 - 02:25-PM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) announces that drilling operations have now commenced on the Padouck Deep-1 well on the Ntsina Block, offshore Gabon utilising the Vantage Titanium ...

    Ophir Energy plc annouce Equatorial Guinea Commercialisation Update
    Posted On Feb 20 ,2014 - 02:28-PM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) is pleased to provide an update on progress with regards to the proposed development of the Company’s gas resources in Equatorial Guinea. Lette...

    Petrofac awarded Khazzan CPF project in Sultanate of Oman
    Posted On Feb 20 ,2014 - 02:44-PM | by admin

    Petrofac, the international oil and gas services provider, has been awarded a contract by BP, worth approximately US$1.2 billion, for the central processing facility (CPF) for the Khazzan gas project ...

    Centrica release preliminary results for the year ended 31 December 2013
    Posted On Feb 20 ,2014 - 02:50-PM | by admin

    Group wide £500 million cost reduction programme completed

    Shell Reaches Agreement with Kuwait Petroleum International for the Sale of its Retail
    Posted On Feb 20 ,2014 - 02:52-AM | by admin

    Supply & Distribution logistics and Aviation businesses in Italy

    Exploration well in Kramsnø completed
    Posted On Feb 20 ,2014 - 02:02-AM | by admin

    Statoil has together with PL532 partners made a gas discovery in the Kramsnø prospect in the Barents Sea. The exploration program around the Johan Castberg field has been vital in providing area know...

    Superbike World Championships Season gets off to a good start with innovative new technologies
    Posted On Feb 20 ,2014 - 02:41-AM | by admin

    Eni, title sponsor and official supplier of the Eni FIM Superbike World Championships, is preparing to get back on the track for the new motorbike sports season with some innovative new technologies. ...

    Noble Energy Announces Agreement To Sell Tamar Gas To Multiple Customers In Jordan
    Posted On Feb 19 ,2014 - 02:07-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) today announced the signing of a gas sales agreement between NBL Eastern Mediterranean Marketing Ltd., the Arab Potash Company ("Arab Potash"), and the Jordan Bromine Co...

    Royal Dutch Shell plc fourth quarter 2013 scrip dividend programme reference share price
    Posted On Feb 19 ,2014 - 02:06-AM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the fourth quarter interim dividend of 2013, which was announced on January 30th, 2014 at $0.45 p...

    NCS Energy Services Showcases Success in Permian Basin with Arrington Oil & Gas
    Posted On Feb 18 ,2014 - 02:55-PM | by admin

    Results of comparison of Multistage Unlimited technology with traditional PnP in Bone Spring Sandstone shows superior frac efficiency

    Lamprell announces the completion and delivery of jackup drilling rig to Abu Dhabi’s National Drilling Company
    Posted On Feb 18 ,2014 - 02:00-PM | by admin

    The Group delivers its 20th new build jackup rig in six years Lamprell , a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry, announ...

    Lundin Petroleum announce exploration drilling in the Baronang PSC, Natuna Sea, Indonesia
    Posted On Feb 18 ,2014 - 02:44-PM | by admin

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has commenced the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 wil...

    Lundin Petroleum to repurchase shares
    Posted On Feb 18 ,2014 - 02:53-PM | by admin

    The Annual General Meeting ("AGM") of Lundin Petroleum AB ("Lundin Petroleum") held on 8 May 2013 resolved to authorise the Board of Directors to decide on repurchases and sales of Lundin Petroleum sh...

    8th annual Gas Storage and Transmissions Conference
    Posted On Feb 18 ,2014 - 02:19-PM | by admin

    Hear about the latest project developments from leading operators The SMi Group is proud to present its 8th annual Gas Storage and Transmissions Conference, taking place in London, UK, on the 18th an...

    Anadarko Announces $1.075 Billion China Divestiture
    Posted On Feb 18 ,2014 - 02:36-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced it has entered into a stock purchase agreement with a wholly owned subsidiary of Brightoil Petroleum (Holdings) Limited, whereby Anadarko wil...

    Mauritanian well evaluated following completion of drilling line
    Posted On Feb 18 ,2014 - 02:32-AM | by admin

    The Fregate-1 exploration well being drilled in Block 7, offshore Mauritania, is being plugged and abandoned at a depth of 5,426m MD BRT. The well discovered gas-condensate and oil pay in multiple ...

    African energy leaders see global climate framework uncertainty, high energy prices, and commodity prices as top critical issues
    Posted On Feb 18 ,2014 - 02:23-AM | by admin

    African energy leaders see global climate framework uncertainty, high energy prices, and commodity prices as the critical issues driving Africa’s energy agenda this year, according to the 2014 World...

    Jacobs Joint Venture Awarded Shell ONEgas Contract Extension
    Posted On Feb 17 ,2014 - 02:33-PM | by admin

    Providing Long-Term Support to Major Upstream Assets in the North Sea Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its AJS joint venture with AMEC and Stork has secured a contract ...

    Paradigm Delivers Well Planning & Drilling Software Solution on the Public Cloud
    Posted On Feb 17 ,2014 - 02:26-PM | by admin

    Paradigm to demonstrate Sysdrill on the cloud using Amazon Web Services at IADC/SPE

    West Eagle #1 well ceases operations
    Posted On Feb 17 ,2014 - 02:26-PM | by admin

    Buccaneer Energy Limited (ASX: BCC) provides the following update on the West Eagle #1 well. WEST EAGLE #1 The well reached a depth of 3,700 feet, with the primary targeted sand packages encount...

    Technip awarded contract to supply proprietary furnace technology and services in Russia
    Posted On Feb 17 ,2014 - 02:54-PM | by admin

    OJSC Kazanorgsintez renews its trust in Technip, the world’s largest ethylene licensor and contractor Technip was awarded by Open Joint Stock Company (OJSC) Kazanorgsintez(1) a contract to provid...

    Final Investment Decision on 2nd floating LNG project announce by Petronas
    Posted On Feb 14 ,2014 - 02:20-PM | by admin

    PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia. The FID was approved ...

    ExxonMobil Announces First Production From Damar Gas Development
    Posted On Feb 14 ,2014 - 02:17-PM | by admin

    Field peak capacity forecasted at 200 million cubic feet of gas per day

    FPSO hull launch marks more than one million hours incident free on Dana’s Western Isles Project
    Posted On Feb 14 ,2014 - 02:32-PM | by admin

    Dana Petroleum has recently celebrated a milestone achievement on its flagship Western Isles Development Project (WIDP) with the hull launch of the floating production, storage offloading vessel (FPSO...

    Petroceltic announce Algeria Farmout Update
    Posted On Feb 13 ,2014 - 02:14-PM | by admin

    Petroceltic International plc (PCI.L) (“Petroceltic” or “the Company”), the independent oil and gas exploration company focussed on the Middle East, North Africa, Mediterranean and Black Sea r...

    Impact Oil acquires Black Star
    Posted On Feb 13 ,2014 - 02:26-PM | by admin

    Moves into Guinea-Bissau and Namibia; expanding Impact’s strategy of accumulating highly prospective acreage along the African coastline. Impact Oil & Gas Limited, the Africa focused specialist ...

    Eni announce 2014 - 2017 Strategic Plan
    Posted On Feb 13 ,2014 - 02:47-PM | by admin

    Paolo Scaroni, Eni CEO, today presented the company’s 2014-2017 Strategic Plan to the financial community.

    Eni announce new discovery in offshore Congo
    Posted On Feb 13 ,2014 - 02:56-AM | by admin

    Eni has made an important new exploration discovery in the Marine XII Block located approximately 17 kilometers offshore Congo. The exploration well, Nene Marine 3, which led to the important resu...

    Eni announces results for the fourth quarter and the full year 2013
    Posted On Feb 13 ,2014 - 02:29-AM | by admin

    Eni, the international oil and gas company, today announces its Group results for the fourth quarter and the full year 2013 (unaudited). Financial highlights 1 Adjusted operating profit: €3.52 b...

    Paradigm Names Somesh Singh as Chief Product Officer
    Posted On Feb 13 ,2014 - 02:28-AM | by admin

    Software veteran to lead and execute Paradigm product strategy for the company’s global oil and gas customers.

    Versalis starts overhauling the Porto Marghera site
    Posted On Feb 13 ,2014 - 02:27-AM | by admin

    Versalis (Eni), Industrial Relations Eni and the trade unions have reached an important agreement on the project at the Porto Marghera site to redesign production facilities and regain competitiveness...

    Anadarko Announces Board of Directors Election and Retirements
    Posted On Feb 13 ,2014 - 02:13-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced the election of Anthony R. Chase to serve as an independent director of the company, effective Feb. 12, 2014. Chase was also appointed a memb...

    Aker Solutions ASA release Fourth-quarter results 2013
    Posted On Feb 13 ,2014 - 02:17-AM | by admin

    Financial Highlights Sales were NOK 11.4 billion in the fourth quarter of 2013, up from NOK 11.2 in the fourth quarter of 2012. Earnings before interest, tax, depreciation and amortisation (EBIT...

    ADMA-OPCO selects Technip for Project Management Consultancy services for the Zakum field offshore Abu Dhabi
    Posted On Feb 13 ,2014 - 02:09-AM | by admin

    Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) phases of the...

    Technip awarded contract for intervention services on Asgard Subsea Compression Stations
    Posted On Feb 12 ,2014 - 02:53-PM | by admin

    Technip was awarded by Statoil a substantial(1) contract for future intervention services on the Asgard Subsea Compression Stations. The award is a call-off of options under the Asgard Subsea Compress...

    SkyVision wins 5-year contract with South Atlantic Petroleum
    Posted On Feb 12 ,2014 - 02:28-PM | by admin

    SkyVision wins 5-year contract with South Atlantic Petroleum, a leading Nigerian oil & gas provider, to install and manage its corporate voice and data services SkyVision Global Networks Ltd., a l...

    Tullow announce 2013 Full year results
    Posted On Feb 12 ,2014 - 02:35-PM | by admin

    Highlights - Group 2013 average working interest production of 84,200 boepd generates strong operating cash flow of $1.9 billion; 2014 Group average working interest production is expected to be in...

    Total Board of Directors meet
    Posted On Feb 12 ,2014 - 02:09-PM | by admin

    The Board of Directors of Total met on February 11, 2014 under the chairmanship of Christophe de Margerie, Chairman and Chief Executive Officer. It reviewed the consolidated financial statements for t...

    Occidental Petroleum Announces 4th Quarter and Twelve Months of 2013 Net Income
    Posted On Feb 04 ,2014 - 02:18-PM | by admin

    Q4 2013 core income of $1.4 billion, or $1.72 per diluted share Q4 2013 net income of $1.6 billion, or $2.04 per diluted share Q4 2013 total company oil and gas production of 750,000 barrels of oil ...

    Victoria Oil & Gas subsidiary and SOCAVER complete Thermal Gas connection in Cameroon
    Posted On Feb 04 ,2014 - 02:44-PM | by admin

    Victoria Oil & Gas, announced that its Cameroon operating subsidiary, Gaz du Cameroun ("GDC"), has successfully completed a new thermal gas connection with glass manufacturer SOCAVER. The SOCAVER p...

    Shell starts production from second Mars platform in deep water Gulf of Mexico
    Posted On Feb 04 ,2014 - 02:20-PM | by admin

    Shell today announces it has begun production from the Mars B development through Olympus – the company’s seventh, and largest, floating deep-water platform in the Gulf of Mexico. It is the first ...

    Rosneft posts record 2013 results
    Posted On Feb 04 ,2014 - 02:21-PM | by admin

    Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%).

    BG Group plc announce 2013 fourth quarter & full year results
    Posted On Feb 04 ,2014 - 02:38-PM | by admin

    Full Year Key Points • Business Performance total operating profit down 5% at $7.6 billion • Upstream total operating profit down 9%; LNG Shipping & Marketing (S&M) up 3% • Delivered all 1...

    Total's 15% interest in block 15/06 sold to Sonangol
    Posted On Feb 04 ,2014 - 02:54-PM | by admin

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary appr...

    Cuadrilla announce proposed locations for two new exploration sites to unlock Lancashire’s Bowland Shale
    Posted On Feb 04 ,2014 - 02:57-PM | by admin

    Cuadrilla Resources has announced the proposed locations for two new exploration sites in the Fylde as part of its work to understand the full potential of Lancashire’s shale gas resources. The comp...

    Anadarko Announces 2013 Fourth-Quarter and Full-Year Results
    Posted On Feb 04 ,2014 - 02:06-PM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today announced 2013 fourth-quarter results, reporting a net loss attributable to common stockholders of $770 million, or $1.53 per share (diluted). These re...

    Oasis Gulf Investment, FZC wins Multimillion USD contract in Sierra Leone
    Posted On Feb 04 ,2014 - 02:23-PM | by admin

    Mulk OGI - Oasis Gulf Investment, FZC, a company of the Sharjah-based diversified conglomerate affiliated to Mulk Holdings has recently won a multimillion USD contract to provide Engineering, Procurem...

    3rd Concentrated Solar Thermal Power Conference & Expo will be held in Cape Town on April 8-9, 2014
    Posted On Feb 04 ,2014 - 02:18-PM | by admin

    Demand for electricity in South Africa has increased progressively over several years and the grid now faces supply and demand challenges. As a result, the Department of Energy has implemented a new I...

    Chevron, GE Form Technology Alliance
    Posted On Feb 04 ,2014 - 02:36-PM | by admin

    Chevron Energy Technology Company and GE Oil & Gas announced today the creation of the Chevron GE Technology Alliance, which will develop and commercialize valuable technologies to solve critical need...

    Conference for pipeline industry experts to convene in Abu Dhabi
    Posted On Feb 04 ,2014 - 02:42-PM | by admin

    Best pipeline integrity practices to be discussed at summit in Abu Dhabi - UAE. Pipeline integrity and layout plays a pivotal role in efficient and secure transportation of oil, gas and energy re...

    African Petroleum announce appointment of new Chief Executive Officer
    Posted On Feb 04 ,2014 - 02:18-AM | by admin

    African Petroleum Corporation Limited (NSX:AOQ) (“African Petroleum” or the “Company”) is delighted to announce the appointment of Dr Stuart Lake as Chief Executive Officer of the Company, eff...

    Oando PLC Announces Notice of Extra-Ordinary General Meeting
    Posted On Jan 31 ,2014 - 01:19-PM | by admin

    Oando PLC has announced its plan to hold an Extra-Ordinary General Meeting on Tuesday, 18th of February, 2014 to consider, and if thought fit, pass the following resolutions: 1. That on the recomm...

    Production Begins at West Chirag in the Caspian Sea
    Posted On Jan 31 ,2014 - 01:31-PM | by admin

    The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production from the West Chirag platform as part of the Azeri-Chirag-Gunashli (ACG) field developme...

    BP Agrees to Sell its Specialist Global Aviation Turbine Oils Business
    Posted On Jan 31 ,2014 - 01:10-PM | by admin

    BP has announced it has agreed to sell its specialist global Aviation Turbine Oils business to Eastman Chemical Company for an undisclosed sum. The deal, which is subject to regulatory and other appro...

    Chevron Reports Fourth Quarter Net Income of $4.9 Billion
    Posted On Jan 31 ,2014 - 01:38-PM | by admin

    Chevron Corporation (NYSE: CVX) today reported earnings of $4.9 billion ($2.57 per share – diluted) for the fourth quarter 2013, compared with $7.2 billion ($3.70 per share – diluted) in the 2012 ...

    Petrobras announce oil and natural gas production in December 2013
    Posted On Jan 31 ,2014 - 01:59-PM | by admin

    Petrobras announces that its total oil and natural gas production in Brazil, in December of 2013, was 2,362 thousand barrels of oil equivalent per day (boed), up 0.8% from the 2,342 thousand boed extr...

    AMEC Tekfen Azfen consortium awarded $974 million contract by BP for Shah Deniz 2 offshore platforms, Azerbaijan
    Posted On Jan 30 ,2014 - 01:50-PM | by admin

    The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its p...

    Occidental Petroleum Announces 4th Quarter and Twelve Months of 2013 Net Income
    Posted On Jan 30 ,2014 - 01:17-PM | by admin

    Q4 2013 core income of $1.4 billion, or $1.72 per diluted share Q4 2013 net income of $1.6 billion, or $2.04 per diluted share Q4 2013 total company oil and gas production of 750,000 barrels of oil ...

    GDI Signs Five-Year Contract with Occidental Petroleum of Qatar Valued at QR 830 Million
    Posted On Jan 30 ,2014 - 01:37-PM | by admin

    Under the patronage of H.E. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, Gulf Drilling International (GDI), a subsidiary of Gulf International Services (GIS), signed a new five-year...

    Statoil and PTTEP swap Canadian oil sands assets
    Posted On Jan 30 ,2014 - 01:29-AM | by admin

    Statoil and the Thai exploration and production company PTTEP have signed an agreement to divide their respective interests in

    New Shell CEO Ben van Beurden sets agenda for sharper performance and rigorous capital discipline
    Posted On Jan 30 ,2014 - 01:09-AM | by admin

    Speaking to investors today, new Shell CEO Ben van Beurden updated on the company’s priorities: improving Shell’s financial results and achieving better capital efficiency, as well as continuing t...

    Royal Dutch Shell plc fourth quarter and full year 2013 results announcement
    Posted On Jan 30 ,2014 - 01:05-AM | by admin

    Fourth quarter 2013 summary of unaudited results Royal Dutch Shell’s fourth quarter 2013 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $2.2 billion compared with $7.4 bil...

    IMF Executive Board Concludes 2013 Article IV Consultation with Algeria
    Posted On Jan 29 ,2014 - 01:52-PM | by admin

    On January 23, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Algeria without a meeting.[2] Economic performance in 2013 has been s...

    Hess Corporation Announces Sale of Utica Dry Gas Acreage
    Posted On Jan 29 ,2014 - 01:48-PM | by admin

    Hess Corporation (NYSE: HES) announced today that it has entered into an agreement to sell approximately 74,000 acres of its dry gas acreage in the Utica Shale to an undisclosed third party for a cons...

    Simba Energy signs farmout Letter of Intent Guinea
    Posted On Jan 29 ,2014 - 01:33-PM | by admin

    Simba Energy Inc. (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF) (“Simba”) is pleased to announce that it has signed an exclusive Letter of Intent (LOI) to farmout its Production Sharing Contract (PSC)...

    Shell to sell interest in offshore Brazil BC-10
    Posted On Jan 29 ,2014 - 01:44-AM | by admin

    Shell announced today an agreement to sell a 23% interest in the Parque das Conchas (BC-10) project offshore Brazil to Qatar Petroleum International for approximately US $1 billion, subject to closing...

    KrisEnergy acquires G3/48 stake in Gulf of Thailand
    Posted On Jan 28 ,2014 - 01:09-AM | by admin

    KrisEnergy Ltd. (“KrisEnergy” or “the “Company”), an independent upstream oil and gas company, is pleased to announce that its wholly owned subsidiary, KrisEnergy (Gulf of Thailand) Ltd, has...

    San Leon Energy signs MoU with Chevron Lummus Global
    Posted On Jan 28 ,2014 - 01:23-AM | by admin

    San Leon Energy Plc (“San Leon” or “the Company”), has signed a Memorandum of Understanding ("MoU") with Chevron Lummus Global LLC (“CLG”), to exclusively cooperate in respect of the oil s...

    Afren plc issues Trading statement and operations update
    Posted On Jan 28 ,2014 - 01:16-AM | by admin

    Afren plc (“Afren” or the “Group”), (LSE: AFR, FTSE 250 index), issues the following trading statement and operations update, in advance of the Company’s 2013 full year results which are sch...

    Build traffic to your website
    Posted On Jan 28 ,2014 - 01:11-AM | by admin

    There are many methods of promotion available on the internet and off line. But businesses underestimate the value and power of a press release. The question is why have a site on the internet if you ...

    Technip wins a new contract in the Middle-East
    Posted On Jan 28 ,2014 - 01:34-AM | by admin

    Reinforces its position in the promising subsea business in the region Technip was awarded a substantial contract(1) by Dubai Petroleum Establishment (DPE). This covers the engineering, procurement...

    Nigeria Gas Markets, 2013
    Posted On Jan 27 ,2014 - 01:48-PM | by admin

    Reportbuyer.com just published a new market research report Summary This profile is the essential source for top-level energy industry data and information. The report provides an overview of each...

    Nigeria Waters
    Posted On Jan 27 ,2014 - 01:04-PM | by admin

    Pirates operating along the creeks and waterways of the Niger Delta struck again over the weekend when a tug boat belonging to the Nigerian Agip Company (NOAC) was attacked along the Nembe Waterways i...

    Statoil top energy company in global sustainability rankings
    Posted On Jan 27 ,2014 - 01:54-PM | by admin

    Corporate Knights has ranked Statoil number four, and the number-one energy company, on the Global 100 list of the world’s most sustainable corporations. The announcement was made at the World Econo...

    Uganda set to sign pact with Tullow to allow for oil production
    Posted On Jan 27 ,2014 - 01:56-AM | by admin

    Uganda has completed negotiations with Britain's Tullow Oil and its partners and will soon sign an agreement that could pave the way for the start of crude production according to news reports. In ...

    Sterling Energy announce completion of farmin to Odewayne Block (Republic of Somaliland)
    Posted On Jan 27 ,2014 - 01:49-AM | by admin

    On 8th November 2013, Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company (AIM: SEY), announced that its wholly owned subsidiary, Sterling Energy (East Africa)...

    BG group declares force majeure in Egypt
    Posted On Jan 27 ,2014 - 01:24-AM | by admin

    BG Group has today issued Force Majeure notices under its LNG agreements in Egypt reflecting the ongoing diversions of gas volumes to the domestic market in excess of the existing pooling arrangements...

    ONGC signs MoU with Mitsui for cooperation in pursuing petroleum and natural gas opportunities
    Posted On Jan 27 ,2014 - 01:53-AM | by admin

    An MoU has been signed between Indian Maharatna Public Sector Enterprise ONGC and Japanese conglomerate Mitsui & Co., Ltd. on 24th January, 2014 in New Delhi. The agreement was signed by Mr. Masami Ii...

    Fleming Gulf announces summit to address Gas Flaring Management in UAE
    Posted On Jan 27 ,2014 - 01:19-AM | by admin

    The summit will provide an in - depth overview on gas flaring concept through interactive panel discussions, and successful case studies. Gas Flaring is a common practice followed by oil & gas well...

    Does growing effect of US shale on oil price bother OPEC?
    Posted On Jan 24 ,2014 - 01:43-PM | by admin

    Saudi Arabia’s oil minister and the head of the International Energy Agency have met in the Kingdom to discuss the effects of growing US shale oil production on global oil prices. The Saudi Press...

    IEA releases Oil Market Report for January
    Posted On Jan 24 ,2014 - 01:25-PM | by admin

    Strong US deliveries lift global oil demand OECD commercial inventories shrink Unexpectedly strong deliveries in the United States lifted global oil demand for the final quarter of last year by 13...

    Britain launches new tender for offshore oil and gas licences
    Posted On Jan 24 ,2014 - 01:25-PM | by admin

    The government said on Friday it expected a high level of interest in the tender after it awarded a record 219 licenses in the previous round two months ago. “There continues to be extremely high l...

    Longreach announce significant natural gas occurrence at Koba-1 Well in Morocco
    Posted On Jan 24 ,2014 - 01:28-PM | by admin

    Longreach oil and gas limited (TSX-V: LOI) ("Longreach" or the "Company"), an independent oil and gas company holding numerous exploration licenses in Morocco, is pleased to announce that the Company...

    Tower Resources announce operational update and issue of equity
    Posted On Jan 24 ,2014 - 01:52-PM | by admin

    Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed Africa focussed oil and gas exploration company, is pleased to announce the following update with respect to the possibl...

    Petrobras Consortium Approves Libra 2014 Working and Investment Plan
    Posted On Jan 24 ,2014 - 01:15-PM | by admin

    Petrobras announces that, at the Operational Committee meeting of January 21, the consortium formed by Petrobras (40%), Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%), along with Pré-Sal Petró...

    Bumi Armada receives letter of award for the charter of two PSVS in Angola
    Posted On Jan 24 ,2014 - 01:51-PM | by admin

    Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad’s wholly-owned subsidiaries, Armada Offshore OSV Limited and Bumi Armada (Labuan) Ltd have received Letters of Aw...

    JDR to supply umbilicals and reelers for FMC Technologies on West African field
    Posted On Jan 24 ,2014 - 01:54-PM | by admin

    JDR, a leading provider of technology connecting the global offshore energy industry, has won a contract with FMC Technologies in Kongsberg to design and supply umbilicals and reelers for Intervention...

    EMAS awarded new subsea projects worth almost US$80 million
    Posted On Jan 24 ,2014 - 01:57-PM | by admin

    EMAS, the operating brand of Ezra Holdings, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that its Subsea Servic...

    First Syn-rift discovery announced in the deepwater Angola Pre-salt
    Posted On Jan 24 ,2014 - 01:23-PM | by admin

    Cobalt International Energy, Inc. ("Cobalt") (NYSE:CIE) in partnership with the National Concessionaire Sonangol and the Block 21 partners announces the first discovery in the Syn-rift interval in the...

    Hess Corporation Announces 2014 Capital and Exploratory Budget
    Posted On Jan 24 ,2014 - 01:09-PM | by admin

    Hess Corporation (NYSE:HES) announced today a 2014 Exploration and Production capital and exploratory budget of $5.8 billion. Of this, $2.85 billion (49 percent) is dedicated to unconventional shale r...

    Dana Petroleum awarded three new exploration licences in Norway
    Posted On Jan 23 ,2014 - 01:56-PM | by admin

    Dana Petroleum has been awarded three new exploration licences by the Norwegian Ministry of Petroleum and Energy. The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what wa...

    Paradigm Reports Rapid Adoption of SKUA Software Suite in 2013
    Posted On Jan 23 ,2014 - 01:00-PM | by admin

    Advanced volume-based modeling software honors reservoir complexity for any fault structure and stratigraphic system, ensuring more accurate subsurface models. ...

    Eni successfully launched fixed rate bond
    Posted On Jan 23 ,2014 - 01:13-AM | by admin

    Eni successfully launched today a fixed rate bond issue for a notional amount of Euro 1 billion. The transaction was placed in the international Eurobond market. The bond has a 15 year maturity and...

    CGG Completes Three-Year Marcellus Shale Multi-Client Program
    Posted On Jan 23 ,2014 - 01:26-AM | by admin

    CGG announced today that it has extended its data library of shale acreage in the United States by completing a vast three-year multi-client 3D land seismic program targeting the Marcellus Shale Fairw...

    Sterling Energy to drill Bamboo-1 well in the Ntem Concession, offshore Cameroon
    Posted On Jan 23 ,2014 - 01:07-AM | by admin

    Sterling Energy Plc, the AIM listed oil & gas exploration and production company (AIM: SEY),is pleased to provide the following update for the Ntem Concession, offshore Cameroon. The Ntem Concess...

    Leni Gas announces Development Drilling, Goudron Field, Trinidad
    Posted On Jan 23 ,2014 - 01:06-AM | by admin

    Leni Gas and oil (LGO) announces that the Company has now started mobilisation for the construction of the first drilling sites following the Certificate of Environmental Compliance ("CEC") for 30 new...

    Oando achieves four years of continuous operations without a Lost Time Incident (LTI)
    Posted On Jan 22 ,2014 - 01:16-PM | by admin

    Oando Energy Services Limited (“OESL”), an Oando PLC subsidiary and Nigeria’s leading indigenous operator of swamp drilling rigs services, achieved four years of continuous operations without a ...

    Rosneft Reserve Replacement Ratio Nears 180%, Hydrocarbon Resources Reach 339 billion BOE
    Posted On Jan 22 ,2014 - 01:07-PM | by admin

    Rosneft reviewed the results of DeGolyer & MacNaughton's independent audit of its hydrocarbon reserves. In 2013, Rosneft once again confirmed its positions as a world’s leader among publicly traded ...

    Rosneft Receives First Tranche of Advance Payment from CNPC
    Posted On Jan 22 ,2014 - 01:05-PM | by admin

    Rosneft announces that the Company received the first tranche of advance payment from China National Petroleum Corporation (CNPC). The payment was received in two parts in line with the schedule agree...

    Masdar Institute and BP Sign Technology Innovation Collaboration Agreement
    Posted On Jan 22 ,2014 - 01:17-PM | by admin

    Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, and BP today jointly announced they have ...

    Trap Oil issues Corporate and Operational Update
    Posted On Jan 22 ,2014 - 01:12-PM | by admin

    Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to provide a corporate a...

    Faroe Petroleum awarded 10 new exploration licences in Norway
    Posted On Jan 22 ,2014 - 01:06-PM | by admin

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announc...

    Dana Petroleum begins 2D seismic acquisition in the Bakassi West block, South West Cameroon
    Posted On Jan 22 ,2014 - 01:45-PM | by admin

    Dana Petroleum has commenced full 2D seismic operations in Bakassi West, 18 months after signing a Production Sharing Contract (PSC) for the block with the Government of Cameroon. Bakassi West is s...

    Maarten Scholten is appointed Senior Vice-President, General Counsel of Total
    Posted On Jan 22 ,2014 - 01:18-PM | by admin

    Effective January 1, 2014, Maarten Scholten is appointed Senior Vice-President, General Counsel of Total. He succeeds to Peter Herbel. Maarten Scholten will report to Christophe de Margerie, Chairman ...

    Eni announce fixed rate bond offering
    Posted On Jan 22 ,2014 - 01:16-PM | by admin

    Eni has mandated Banca IMI, BNP Paribas, Deutsche Bank, HSBC and Mitsubishi UFJ Securities as Joint Bookrunners for its upcoming fixed rate Euro benchmark size 15 year bond offering under its existing...

    Exploring the opportunities and developments of Gas to Liquids in North America
    Posted On Jan 22 ,2014 - 01:28-PM | by admin

    SMi Group reports: Following on from the success of Gas to Liquids events in Europe, and building on 16 years' experience working in the GTL industry, the SMi Group is delighted to announce its Gas to...

    Statoil awarded new acreage on the Norwegian continental shelf
    Posted On Jan 21 ,2014 - 01:03-PM | by admin

    Statoil has been awarded interests in 10 production licences in the Awards in Predefined Areas 2013 (APA 2013) on the Norwegian continental shelf. Statoil will be the operator in 7 of the licences. "W...

    Extension of the Concession Agreement for the Upper Zakum Oil Field Offshore Abu Dhabi, UAE
    Posted On Jan 21 ,2014 - 01:23-AM | by admin

    INPEX CORPORATION (INPEX) is pleased to announce that the Government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates...

    GE to Acquire Cameron’s Reciprocating Compression Division
    Posted On Jan 21 ,2014 - 01:53-AM | by admin

    Enhances GE’s Distributed Gas Portfolio and New Downstream Technology Solutions Business Expands GE’s Servicing and Manufacturing Capabilities in Gas Production, Processing and Distribution Secto...

    African contract extensions worth $250m for Wood Group PSN
    Posted On Jan 21 ,2014 - 01:51-AM | by admin

    Wood Group PSN (WGPSN) has secured two major contract extensions in Africa, worth around $250mn USD. WGPSN has secured a five year contract extension to provide operations, maintenance and construc...

    Japan private backers to indemnify Iranian oil
    Posted On Jan 20 ,2014 - 01:51-PM | by admin

    Iran’s crude oil buyers in Japan are changing back to private insurance providers as the European Union (EU) is expected to start relaxing sanctions against Iran. Japan’s main ship insurer – ...

    CNOOC Limited announced a summary of the company's business strategy and development plan for the year 2014
    Posted On Jan 20 ,2014 - 01:34-PM | by admin

    The company's net production target of 2014 is in the range of 422 to 435 million barrels of oil equivalent (BOE), including approximately 69 million BOE as a result of the acquisition of Nexen Inc. (...

    Iran set to supply oil products to Senegal
    Posted On Jan 20 ,2014 - 01:24-PM | by admin

    Iran set to supply oil products to SenegalIran is prepared to supply oil products to Senegal as Tehran eyes griped in the African market, Iranian Oil Minister Bijan Namdar Zanganeh said. During a m...

    Gazprom increasing its stake in ArmRosgazprom to 100 per cent
    Posted On Jan 20 ,2014 - 01:14-PM | by admin

    Alexey Miller, Chairman of the Gazprom Management Committee and Armen Movsisyan, Minister of Energy and Natural Resources of the Republic of Armenia signed today in the Gazprom headquarters a Sales an...

    Shell announces sale of Wheatstone LNG stake in Australia
    Posted On Jan 20 ,2014 - 01:25-PM | by admin

    Royal Dutch Shell plc (“Shell”) today announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million tonnes per annum Wheatstone l...

    Oando signs contract with Oilserve
    Posted On Jan 17 ,2014 - 01:55-PM | by admin

    Gaslink Nigeria Limited, a subsidiary of Oando PLC, Nigeria’s leading indigenous energy group, has signed a contract with Oilserve Limited to extend Oando’s existing 100km natural gas distribution...

    Petrobras announces Voluntary Separation Incentive Plan - PIDV
    Posted On Jan 17 ,2014 - 01:43-PM | by admin

    Petrobras announces that its Executive Board approved yesterday a Voluntary Separation Incentive Plan - PIDV. This Plan is part of the implementation of the Productivity Optimization Program – PO...

    SNC-Lavalin awarded oil transportation contract by Ecopetrol in Colombia
    Posted On Jan 17 ,2014 - 01:24-PM | by admin

    SNC-Lavalin (TSX: SNC), through its subsidiary, Itansuca Proyectos de Ingeniería S.A.S., has been awarded a consulting services contract by Ecopetrol S.A. for oil transportation and logistics in Colo...

    Halliburton Delivers Pioneering Logging Technology
    Posted On Jan 17 ,2014 - 01:08-PM | by admin

    Halliburton (NYSE: HAL) announced it has provided wireline services technology for two deepwater exploratory wells in Angola’s demanding pre-salt environment for Cobalt International Energy, Inc. (N...

    JGC and Fluor Awarded EPC Contract for Proposed Kitimat LNG Plant in Canada
    Posted On Jan 17 ,2014 - 01:24-PM | by admin

    JGC Corporation announced today that a contract has been awarded by Chevron Canada Limited (Chevron) to a joint venture of JGC and Fluor to provide engineering, procurement and construction services f...

    Jupiter Energy Limited announce quarterly update on activities to December 31, 2013
    Posted On Jan 17 ,2014 - 01:46-PM | by admin

    Jupiter Energy Limited (ASX: “JPR”, AIM: “JPRL” and KASE: “AU_JPRL”) presents the following update on activities for the 3 month period ending 31 December 2013 (the “Quarter”). Also in...

    Summit in Qatar to discuss best practices to arrest corrosion
    Posted On Jan 17 ,2014 - 01:59-AM | by admin

    Maintenance is a key factor in averting industrial breakdowns. Corrosion Management Summit will discuss best practices for structure protection. Corrosion is one of the major reasons for operationa...

    Tethys Petroleum announce Kazakhstan Resources Update
    Posted On Jan 17 ,2014 - 01:00-AM | by admin

    Tethys Petroleum ("Tethys" or "the Company") (TSX:TPL) (LSE:TPL) is pleased to announce it has received an updated Oil Resource Report for a new prospect in Kazakhstan with total Unrisked Mean Recover...

    Shell updates on fourth quarter 2013 and full year 2013 unaudited results
    Posted On Jan 17 ,2014 - 01:04-AM | by admin

    Royal Dutch Shell plc (“Shell”) today updates on its expected 2013 results. Fourth quarter 2013 figures, which are expected to be published on January 30, 2014 , are expected to be significantly l...

    Petrobras announces Incorporation of Reserves and New Production Records in the Pre-salt
    Posted On Jan 17 ,2014 - 01:53-AM | by admin

    Petrobras announces that its proven reserves in the pre-salt in 2013 grew by 43% when compared to 2012. Since 2007, the company has been incorporating growing volumes to its proven reserves from the p...

    Eni's Board examines the forensic audits carried out by third parties
    Posted On Jan 17 ,2014 - 01:53-AM | by admin

    Eni’s Board of Directors today examined the results of forensic audits encouraged by Eni and carried out by third parties regarding activities in Algeria which are under investigation by the judicia...

    BNK Petroleum provides update on its Tishomingo Field, Caney oil shale operations in Oklahoma as well as its Polish shale gas project
    Posted On Jan 17 ,2014 - 01:41-AM | by admin

    BNK’s strategy for its 2013 Caney drilling program was to prove the productivity of the Caney formation in our Tishomingo field. The Company’s efforts were focused on increasing the oil rate of ea...

    Apache announce severe winter storms and outages affected the company's oil and gas production
    Posted On Jan 17 ,2014 - 01:45-AM | by admin

    Apache Corporation (NYSE, Nasdaq: APA) announced today that downtime caused by severe winter storms and outages at third-party owned infrastructure adversely affected the company's oil and gas product...

    Addax Petroleum announces the signature of a new partnership with the Gabonese Republic
    Posted On Jan 17 ,2014 - 01:30-AM | by admin

    Addax Petroleum is pleased to announce the successful conclusion of its negotiations with the Gabonese Republic, which marks the beginning of a new mutually beneficial partnership for the next ten yea...

    Mozambique Minister for Mineral Resources promises early LNG deals with Indian companies
    Posted On Jan 17 ,2014 - 01:10-AM | by admin

    In a crucial bilateral meeting between Indian petroleum Minister Dr M Veerappa Moily and his Mozambique counterpart H.E. Esperanca Bias during Petrotech 2014, the Mozambique Minister for Mineral Resou...

    OVL and OIL announce the completion of the transaction to acquire interest in the Rovuma Area 1 Offshore Block in Mozambique
    Posted On Jan 17 ,2014 - 01:02-AM | by admin

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore Block, Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1 ...

    ERHC Energy Inc. Awards Contract for 2D Seismic Survey in Kenya Block 11A
    Posted On Jan 15 ,2014 - 01:03-PM | by admin

    ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced that its wholly owned subsidiary, ERHC Energy Kenya Limited, has award...

    Tullow Oil announces trading statement and operational update
    Posted On Jan 15 ,2014 - 01:31-PM | by admin

    Tullow Oil has issued a trading statement and operational update to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2013. This i...

    CAMAC Energy Announces Rig Contract for West Africa Drilling Program
    Posted On Jan 15 ,2014 - 01:32-PM | by admin

    CAMAC Energy Inc. ("CAMAC") (NYSE MKT: CAK) announced today that a long-term drilling contract has been signed with Northern Offshore Ltd. (OSLO: NOF.OL) for the drillship Energy Searcher. The rig is ...

    RWE Dea Norge announce successful appraisal well on Skarfjell
    Posted On Jan 15 ,2014 - 01:14-PM | by admin

    The drilling of appraisal well 35/9-10 on the oil discovery 35/9-7 Skarfjell (PL418) is nearing completion and successfully provided valuable reservoir information. The well was drilled in the North S...

    Tullow Oil announces oil discoveries in Block 10BB onshore northern Kenya
    Posted On Jan 15 ,2014 - 01:02-PM | by admin

    Tullow Oil plc (“Tullow”) today announces oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB onshore northern Kenya. As a result of these latest successes and recently rep...

    British Museum launches major exhibition celebrating China’s Ming dynasty, supported by BP
    Posted On Jan 15 ,2014 - 01:53-PM | by admin

    The BP exhibition Ming: 50 years that changed China 18 September 2014 – 4 January 2015 The Sainsbury Exhibitions Gallery Extraordinarily beautiful and rare loans tell the story of a critical per...

    NEOS Launches Multi-Client Geoscience Program in Lebanon
    Posted On Jan 14 ,2014 - 01:39-PM | by admin

    Regional, Basin-scale Survey to Assess Onshore Oil & Gas Exploration Potential NEOS GeoSolutions, Inc. announced that it has secured the underwriting needed to launch an integrated geological and...

    Dudgeon Offshore Wind Farm contracts to Siemens plc
    Posted On Jan 14 ,2014 - 01:58-AM | by admin

    As operator, Statoil has awarded two contracts to Siemens plc for the engineering, supply, assembly, commissioning and service of 67 wind turbine generators for the Dudgeon Offshore Wind Farm project....

    TOTAL BECOMES THE FIRST MAJOR TO ENTER INTO SHALE GAS LICENCES IN THE UK
    Posted On Jan 14 ,2014 - 01:48-AM | by admin

    Total announces that it has acquired a 40% interest in two shale gas exploration licences in the United Kingdom. The interests are in Petroleum Exploration & Development Licences 139 and 140 in the Ga...

    Possible offer for Foster Wheeler
    Posted On Jan 13 ,2014 - 01:01-PM | by admin

    AMEC, the international engineering and project management company, announces that it has provisionally agreed with Foster Wheeler AG (Foster Wheeler) the outline terms for a recommended cash and shar...

    AMEC awarded a five-year £255 million Project Management Consultancy contract by Kuwait Oil Company
    Posted On Jan 13 ,2014 - 01:50-PM | by admin

    AMEC, the international engineering and project management company, has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfo...

    Chevron Makes Final Investment Decision on Alder Field in the United Kingdom
    Posted On Jan 13 ,2014 - 01:43-PM | by admin

    Chevron Corporation (NYSE: CVX) announced today that its U.K. subsidiary, Chevron North Sea Limited, has reached a final investment decision and received approval from the U.K. government to proceed w...

    President Energy announce farm-in option in Hernandarias Block
    Posted On Jan 10 ,2014 - 01:08-PM | by admin

    President announces that, subject to Governmental and regulatory approvals, it has been granted an option at no cost to the staged farm-in of an up to 80% maximum participating interest in the Hernand...

    President Energy provide an operational update
    Posted On Jan 10 ,2014 - 01:41-PM | by admin

    President Energy is pleased to provide an operational update on the Company’s assets. Highlights Paraguay Rig procured for 2014 exploration programme Preparations for drilling campaign...

    Chevron Issues Interim Update for Fourth Quarter 2013
    Posted On Jan 10 ,2014 - 01:22-AM | by admin

    Chevron Corporation (NYSE:CVX) today reported in its interim update that earnings for the fourth quarter 2013 are expected to be comparable with third quarter 2013 results. Upstream earnings for the f...

    PA Resources announces successful long term drill stem test at Diega I-8ST well in Equatorial Guinea
    Posted On Jan 09 ,2014 - 01:16-PM | by admin

    Submission of Diega plan of development is expected in 2014. The long term drill stem test on the Diega accumulation in Block I, Equatorial Guinea (PA Resources 5.7%) is now complete and the Atwood H...

    PetroNova receives environmental license for the Tinigua Block
    Posted On Jan 09 ,2014 - 01:46-PM | by admin

    PetroNova Inc. ("PetroNova" or the "Company") (TSXV: PNA), a company engaged in the exploration and development of oil and natural gas resources in Colombia, is pleased to announce that the Colombian ...

    Petromanas formally announces discovery on Blocks 2-3 in Albania
    Posted On Jan 09 ,2014 - 01:09-PM | by admin

    Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that based on its previously disclosed well results and initial positive 30 day pressure build-up data from the Shpir...

    Azabache Energy Commences Vaca Muerta Well Fracture Stimulation
    Posted On Jan 09 ,2014 - 01:50-PM | by admin

    Azabache Energy Inc. (TSX VENTURE:AZA) ("Azabache" or the "Company") announces that it has commenced a fracture stimulation of its Cvo.x-2 well on the Covunco Norte-Sur Block in Argentina. This comple...

    Noble Energy Announces Its Fourth Quarter and Full Year 2013 Results Webcast and Conference Call
    Posted On Jan 09 ,2014 - 01:46-PM | by admin

    Noble Energy, Inc. (NYSE: NBL) will host its fourth quarter and full year 2013 results webcast and conference call at 9:00 a.m., Central Time, Thursday, February 6, 2014. The Company plans to issue i...

    Scrapping the cap for engineering professionals - A solution to the UK’s shortage of engineers?
    Posted On Jan 09 ,2014 - 01:16-PM | by admin

    It’s no secret that we currently have a shortage of engineering professionals and graduates in the UK. Contributing to this problem is the fact that many school children post the age of 16 do not ch...

    Kristin gas export project
    Posted On Jan 09 ,2014 - 01:32-PM | by admin

    The Kristin gas export project (KGEP) partners today made a decision to terminate the project due to unsustainable economics caused by increased investment costs and increased risk to volume availabil...

    Heritage Oil Provides an Operational Update
    Posted On Jan 09 ,2014 - 01:37-PM | by admin

    Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company provides an operational update, that includes unaudited information and m...

    TANESCO, EWURA, Millennium Challenge Corporation, OPIC and IFC to address the future of Tanzania’s power sector
    Posted On Jan 09 ,2014 - 01:53-AM | by admin

    EnergyNet’s Powering Africa: Tanzania executive meeting, will be held from 29th-31st January in Dar Es Salaam “With such a focused group of industry shapers participating at the Powering Afric...

    Sound Oil announce Nervesa Rig Letter of Intent
    Posted On Jan 08 ,2014 - 01:11-PM | by admin

    Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces that it has signed a Letter of Intent ("LOI") for the forthcoming well addressing the Nervesa discovery on the C...

    Simba Energy Signs Exclusive Letter of Intent for Farmout of Block 2A in Kenya
    Posted On Jan 08 ,2014 - 01:34-PM | by admin

    Simba Energy Inc. (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF) (“Simba” or the “Company”) is pleased to announce that it has signed an exclusive letter of intent (the “LOI”) with a private gr...

    Jura Announces Commencement of Drilling in Badin IV South Block
    Posted On Jan 08 ,2014 - 01:58-AM | by admin

    Jura Energy Corporation (“Jura”) announced today that drilling has commenced at the Ayesha-1 in the Badin IV South block located in the Lower Indus Basin of Pakistan. The projected depth of the ex...

    Jura Energy announce Commencement of Commercial Production from Guddu Block
    Posted On Jan 08 ,2014 - 01:07-AM | by admin

    Jura Energy Corporation ("Jura" or the "Company") is pleased to announce the first gas production from the Reti-Maru gas fields in the Guddu Block commenced on Thursday, December 26, 2013. Initial pro...

    ERHC Energy Inc. Completes Airborne FTG Survey of Kenya Block 11A
    Posted On Jan 08 ,2014 - 01:08-AM | by admin

    Processing is underway on data gathered from 14,944 line kilometers ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, has completed i...

    Victoria Oil & Gas announces details of commercial developments in Gaz du Cameroun
    Posted On Jan 08 ,2014 - 01:08-AM | by admin

    Victoria Oil & Gas Plc, the emerging African energy utility company, today announces the signing of key customer agreements that places Cameroon operating subsidiary, Gaz du Cameroun (“GDC”), in a...

    Lundin announce its 2014 exploration budget of USD 2.1 billion
    Posted On Jan 08 ,2014 - 01:54-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is bu...

    Lundin spuds appraisal well 16/3-8S on the Johan Sverdrup discovery
    Posted On Jan 08 ,2014 - 01:54-AM | by admin

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/3-8S on the Johan Sverdrup disco...

    Salamander announces Bualuang Field Update
    Posted On Jan 08 ,2014 - 01:22-AM | by admin

    Salamander Energy announces that due to a damaged production riser, production from the Bualuang oil field has been temporarily shut-in. During bad weather conditions, the Rubicon Vantage FPSO drif...

    Petrobras announces Pricing of Global Notes
    Posted On Jan 08 ,2014 - 01:28-AM | by admin

    Petróleo Brasileiro S.A. – Petrobras announces the pricing of 4, 7 and 11-year Global Notes denominated in Euros (€) and 20-year Global Notes denominated in Pounds Sterling (“£”) issued by i...

    Petrobras announce operational performance of refining park
    Posted On Jan 08 ,2014 - 01:23-AM | by admin

    Petróleo Brasileiro S.A – Petrobras inform that its refining park in Brazil processed an average of 2,034,000 barrels of oil per day between January and November 2013, a rise of 8% from the 1,897,0...

    Chariot Oil & Gas announce completion of siesmic survey in Southern Block 2714B offshore Namibia
    Posted On Jan 07 ,2014 - 01:56-PM | by admin

    Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company is pleased to announce that it has completed its 2,128 km 2D seismic survey in Southern Block 2714B ...

    Eland Oil & Gas announce Operations Update
    Posted On Jan 07 ,2014 - 01:42-PM | by admin

    Eland Oil & Gas PLC (AIM: ELA), an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, announces the following update on activities for the OML 40...

    Petroceltic announce operational update
    Posted On Jan 07 ,2014 - 01:23-PM | by admin

    Petroceltic International plc (AIM: PCI) ("Petroceltic" or the “Company"), the oil and gas exploration, development and production company focused on the Middle East and North Africa, the Mediterran...

    Shell, OMV, Mitsui to drill deepwater well in New Zealand
    Posted On Jan 07 ,2014 - 01:10-PM | by admin

    Great South Basin Joint Venture Parties Decide To Drill After careful consideration, the Great South Basin joint venture parties Shell New Zealand, OMV New Zealand Ltd and Mitsui E&P Australia Pty ...

    PTTEP reveals 2013 achievement and five-year plans
    Posted On Jan 07 ,2014 - 01:08-PM | by admin

    Increase sales volume to 292,000 barrels of oil equivalent per day or a rise of 6% Accelerated development plan to increase our proved reserves life (R/P) to 10 years Invests over USD 27,000 million...

    GDF SUEZ announces first gas from Juliet field in the North Sea
    Posted On Jan 07 ,2014 - 01:15-PM | by admin

    GDF SUEZ announces first gas production from the Juliet field, a subsea development on the western flank of the Southern Gas Basin, 39 km East of the Lincolnshire coastline in the United Kingdom. I...

    Kosmos Energy Announces Rig Share Agreement for Exploration Program
    Posted On Jan 06 ,2014 - 01:01-PM | by admin

    Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today that it has entered into a one well rig share agreement with BP plc (LSE: BP) (NYSE: BP) and Maersk Drilling, a unit of A.P. Moller - Maer...

    Sea Dragon acquires development block in Egypt
    Posted On Jan 06 ,2014 - 01:51-PM | by admin

    Sea Dragon Energy Inc. (“Sea Dragon” or the “Company”) (TSX VENTURE: SDX) is pleased to announce the acquisition of an equity interest in the South Ramadan Concession located offshore in the...

    Ophir Energy announce Mlinzi drilling update
    Posted On Jan 06 ,2014 - 01:04-PM | by admin

    Ophir Energy plc (“Ophir” or “the Company”) announces that drilling operations have now concluded on the Mlinzi Mbali-1 well in Block 7*, Tanzania. Ophir has an 80% net interest. The well was ...

    Pancontinental states Sunbird-1 Drilling Commences in Area L10A Offshore Kenya
    Posted On Jan 06 ,2014 - 01:22-PM | by admin

    Pancontinental Oil & Gas NL (ASX: PCL) is pleased to advise that the exploration well Sunbird-1 has commenced drilling in Licence area L10A offshore Kenya. The well is managed by the L10A Joint V...

    TransAtlantic Petroleum Provides Operational Update
    Posted On Jan 06 ,2014 - 01:41-PM | by admin

    TransAtlantic Petroleum Ltd. (TSX:TNP) (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today provided an operational update on its current drilling program. Operational Update TransAtlantic ende...

    Eco (Atlantic) Submits Daniel License Evaluation Report To The Namibia Ministry Of Mines And Energy
    Posted On Jan 06 ,2014 - 01:51-PM | by admin

    Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V: EOG, NSX: EOG) is pleased to announce that it has submitted an initial evaluation report (the “Report”) for the Dani...

    ONGC Videsh acquires additional 12% stake in Block BC-10 in Brazil through exercise of pre-emption rights
    Posted On Jan 06 ,2014 - 01:29-PM | by admin

    ONGC Videsh, through its affiliates has acquired an additional 12% Participating Interest (PI) in Block BC-10, a deepwater offshore block in Campos Basin, Brazil taking its total PI in the block to 27...

    Pakistan's Minister of Petroleum, Shahid Khaqqan Abbasi, meets Eni's Ceo, Paolo Scaroni
    Posted On Jan 06 ,2014 - 01:06-PM | by admin

    Shahid Khaqqan Abbasi, Pakistan’s Minister of Petroleum and Natural Resources, and Paolo Scaroni, CEO of Eni, met in Karachi to discuss Eni’s projects and activities in the Country. The parties...

    Qatar Petroleum International enters into the share capital of Total E&P Congo
    Posted On Jan 06 ,2014 - 01:59-PM | by admin

    Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. “The conclusion of this ag...

    Conference in Doha to highlight developments in petrochemicals
    Posted On Jan 06 ,2014 - 01:42-PM | by admin

    Developments in petrochemical industry to be discussed at the 4th Annual Global Petrochemicals Technology Conference to be held in Doha, Qatar. The petrochemicals industry is growing fast owing t...

    Shell increases interest in offshore Brazil BC-10
    Posted On Jan 06 ,2014 - 01:13-PM | by admin

    Shell announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained a...

    Statoil announce gas and oil discoveries in the Askja prospects
    Posted On Jan 06 ,2014 - 01:45-PM | by admin

    Operator Statoil has together with PL272 partners made a gas discovery in the Askja West prospect and an oil discovery in the Askja East prospect in the North Sea. The exploration wells 30/11-9 S ...

    Petróleo Brasileiro S.A. announce oil and natural gas output up by 1.2% in November
    Posted On Jan 06 ,2014 - 01:53-PM | by admin

    Petrobras announces that in November, Petrobras’s total oil and natural gas output in Brazil was 2,342,000 barrels of oil equivalent per day (boed), up 1.2% from the 2,315,000 boed extracted a month...

    RWE Dea expands South American upstream presence by farming-in to the Kanuku licence in Guyana
    Posted On Jan 06 ,2014 - 01:57-PM | by admin

    RWE Dea has arranged a deal with Repsol Exploración Guyana (Repsol) to farm-in to the Kanuku licence operated by Repsol in the Guyana-Suriname Basin located offshore from the coast of Guyana. By ente...

    Former Shell Chief Executive Officer, Peter Voser: remuneration disclosure
    Posted On Jan 06 ,2014 - 01:41-PM | by admin

    As previously announced, Peter Voser stepped down as Chief Executive Officer and as a director of Royal Dutch Shell plc with effect from 1 January, 2014. He repatriated to his base country, Switzerlan...

    Shell boosts its leadership in global LNG with the completion of Repsol S.A. LNG deal
    Posted On Jan 06 ,2014 - 01:36-PM | by admin

    Royal Dutch Shell plc ("Shell") today announces the successful completion of the acquisition of Repsol S.A.'s ("Repsol") liquefied natural gas (LNG) portfolio outside North America for a headline cash...

    Petróleo Brasileiro S.A. announce start-up of Platform P-55 in Roncador field
    Posted On Jan 06 ,2014 - 01:50-PM | by admin

    Petrobras announces that the platform P-55, one of the strategic projects of the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13), in Campos Basin’s Roncador field. ...

    Eni starts its share buyback programme
    Posted On Jan 06 ,2014 - 01:50-PM | by admin

    Eni, pursuant to the resolution passed by the Shareholders’ Meeting of 10 May 2013, will begin from 6 January 2014 the share buyback programme in accordance with the terms already announced to the ...

    Technip wins two contracts for ultra-deep water fields and helps Petrobras push back subsea frontiers
    Posted On Jan 06 ,2014 - 01:46-PM | by admin

    Technip was awarded by Petrobras two ultra-deep water contracts for the supply of flexible pipes for the Sapinhoá Norte field and I5 at Lula field (former Tupi field), located in the Santos Basin pre...

    Armour Energy Exercises Rights to Farmin in PRL2 Victoria
    Posted On Dec 23 ,2013 - 12:58-PM | by admin

    Rights exercised to farmin to PRL2 in onshore Gippsland Basin, Victoria.  Farmin work program currently suspended due to Victorian moratorium on hydraulic fracturing.  Discuss...

    Songa Offshore SE announce completion of private placement and convertible bond issue
    Posted On Dec 23 ,2013 - 12:24-PM | by admin

    Reference is made to previous announcements regarding Songa Offshore SE's (the "Company") private placement of shares with gross proceeds of approximately USD 250 million and convertible bond issue wi...

    Shell plc announce issuance of new shares
    Posted On Dec 23 ,2013 - 12:22-PM | by admin

    Royal Dutch Shell plc announces that it has today issued 37,334,210 A Ordinary shares in relation to the scrip dividend programme for the third quarter 2013 interim dividend. Following this issue a...

    Letter of award for Johan Sverdrup engineering framework agreement to Aker Solutions
    Posted On Dec 23 ,2013 - 12:36-PM | by admin

    Statoil and partners have awarded Aker Solutions the engineering framework agreement for the Johan Sverdrup field in the North Sea, where the first call off will be the front-end engineering design (F...

    RWE Dea UK has been awarded operatorship in three new licenses
    Posted On Dec 23 ,2013 - 12:59-PM | by admin

    In the 27th Offshore Oil and Gas Licensing Round, RWE Dea UK received the operatorship in a further three licences in the Southern North Sea. Location of the new licences P2109, P2119 and P2134 L...

    Dana Petroleum secures US$1.5 billion credit facility to finance growth line
    Posted On Dec 23 ,2013 - 12:46-PM | by admin

    Dana Petroleum has secured a new US$1.5 billion credit facility to help finance the future growth of the company. The facility is made up of an initial committed US$1 billion together with a furthe...

    Technip and COOEC form joint venture to address the booming deepwater market in China
    Posted On Dec 23 ,2013 - 12:22-PM | by admin

    Technip and China Offshore Oil Engineering Co. Ltd (COOEC), the largest offshore engineering and construction company in China, have signed an joint-venture agreement in September. The five-year ag...

    Simba Energy announces that it has terminated negotiations with Ajax Exploration
    Posted On Dec 23 ,2013 - 12:28-AM | by admin

    Simba Energy Inc. ("Simba" or the "Company") (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), announces that it has terminated negotiations with Ajax Exploration Ltd. (“Ajax”) of a definitive farmout ag...

    Eni and Transparency International sign collaborative agreement on new anti-corruption tool
    Posted On Dec 23 ,2013 - 12:00-AM | by admin

    Eni and Transparency International have signed a collaboration agreement for the joint elaboration of an innovative method of "Country Assessment", which aims to highlight, within a set geographic con...

    RWE Dea Egypt achieved Ministry Agreement for Offshore Concession in the Gulf of Suez
    Posted On Dec 18 ,2013 - 12:50-PM | by admin

    The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area. RWE Dea is the operator, holding a share of 80%. The company plans a 3D seismic survey an...

    Tullow announces Paon-2A well result offshore Côte d’Ivoire
    Posted On Dec 18 ,2013 - 12:19-AM | by admin

    Tullow Oil plc (Tullow) announces that the Paon-2A appraisal well in the CI-103 licence offshore Côte d’Ivoire has determined the down-dip extent of the Paon oil accumulation. The well encountered ...

    Technip awarded its largest contract for Project Management Consultancy services, in Kuwait
    Posted On Dec 18 ,2013 - 12:58-AM | by admin

    Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and...

    Petrogal Brasil Adopts the Paradigm Interpretation and Modeling Suite for All its Exploration and Development Projects
    Posted On Dec 17 ,2013 - 12:17-PM | by admin

    Capitalizing on unique deep water technology, Paradigm continues to see rapid growth in Latin America. Paradigm® (www.pdgm.com) announced toda...

    NNPC’s Position on the Allegation of Non-Remittance of $49.8bn Oil Revenue
    Posted On Dec 17 ,2013 - 12:43-PM | by admin

    An Address by the Group Managing Director of the Nigerian National Petroleum Corporation, Engr. Andrew Yakubu, at the World Press Conference Held on Friday 13th December, 2013, at the Protea Hotel, As...

    Technip sets out its financial outlook for 2014 and 2015
    Posted On Dec 17 ,2013 - 12:16-PM | by admin

    Technip has analyzed the key elements driving the financial performance of the Group and its Subsea and Onshore/Offshore segments for 2014 and 2015. As a result, and in line with our commitment with t...

    Noble Energy Announces 2014 Capital Program And Guidance
    Posted On Dec 17 ,2013 - 12:59-PM | by admin

    COMPANY ALSO RAISES ITS FOURTH QUARTER 2013 VOLUME RANGE Noble Energy, Inc. (NYSE: NBL) today announced its 2014 capital program and guidance, and updated certain guidance items for the fourth quar...

    Noble Energy Announces Highlights Of 2013 Analyst Conference
    Posted On Dec 17 ,2013 - 12:37-PM | by admin

    Noble Energy, Inc.'s (NYSE: NBL) senior management is hosting a conference today in Houston, Texas with analysts and investors to provide an update on the Company's current operations, future plans an...

    Neste Oil achieves its palm oil certification target two years early
    Posted On Dec 17 ,2013 - 12:54-PM | by admin

    Neste Oil has achieved its long-term target of using only certified palm oil as an input for its renewable diesel production process. The original target, set in 2009, was that 100% of the raw palm oi...

    Petrobras Resolutions of Extraordinary General Meeting
    Posted On Dec 17 ,2013 - 12:25-AM | by admin

    Petróleo Brasileiro S.A. - Petrobras hereby informs that the Extraordinary General Meeting, held this day, at 03:00 pm, in the main auditorium of the Company’s Head office building, at Avenida Rep...

    Statoil makes final investment decision on Shah Deniz stage 2 and announces 10% divestment
    Posted On Dec 17 ,2013 - 12:55-AM | by admin

    Statoil ASA (OSE: STL, NYSE: STO) has together with partners in the Shah Deniz consortium in Azerbaijan today made a final investment decision for the stage 2 development of the Shah Deniz gas field ...

    Hess Corporation Provides Interim Update for Fourth Quarter 2013
    Posted On Dec 16 ,2013 - 12:23-PM | by admin

    Hess Corporation (NYSE: HES) updates realized selling prices and operating data for the first two months of the fourth quarter of 2013 and its guidance for the fourth quarter. In addition, Hess provid...

    Dana acquires operated positions in Danish and German sectors of North Sea line
    Posted On Dec 16 ,2013 - 12:34-AM | by admin

    Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea. Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and ...

    Global Petroleum announce Namibia Farm Down Update
    Posted On Dec 13 ,2013 - 12:54-PM | by admin

    Global Petroleum Limited (AIM: GBP, ASX: GBP), the oil and gas exploration company presently focused on emerging plays in Africa, announces an update on the proposed farm down of the Company’s 85% p...

    Cortez Secure First Contract in West Africa
    Posted On Dec 13 ,2013 - 12:57-PM | by admin

    RAPIDLY-growing subsea services and technology products’ company Cortez Subsea has secured its first contract win in Ghana for pipeline inspection work worth $1m. Cortez Subsea will perform pipel...

    Significant Milestone Reached for the Refining and Petroleum Industries with the Award of Sohar Refinery Improvement Project Contracts
    Posted On Dec 13 ,2013 - 12:15-PM | by admin

    Orpic (Oman Oil Refineries and Petroleum Industries Company) has announced the award of the Engineering, Procurement and Construction (EPC) contracts for its Sohar Refinery Improvement Project (SRIP)....

    GE Oil & Gas Acquires Remainder of UK’s Allen Gears
    Posted On Dec 13 ,2013 - 12:19-PM | by admin

    Expands GE’s Role in Industrial Gears Sector GE to Integrate Allen Gears’ Industrial Gear Business into Lufkin’s Power Transmission Division Expanding its presence in the industrial gears se...

    Eni and Hera finalise reshuffling of shareholdings in two Gorizia energy companies
    Posted On Dec 13 ,2013 - 12:38-AM | by admin

    Today, with the approval of the antitrust authorities, the framework agreement, originally signed on 30 September by Eni and AcegasAps (Hera), for the reshuffling of shareholdings in two Gorizia energ...

    Anadarko Issues Statement Regarding Tronox Adversary Proceeding
    Posted On Dec 13 ,2013 - 12:14-AM | by admin

    Anadarko Petroleum Corporation (NYSE: APC) today issued the following statement in response to an interim Memorandum of Opinion from the United States Bankruptcy Court, Southern District of New York i...

    ExxonMobil’s Outlook for Energy Says All Forms of Energy Required to Meet Growing Demand
    Posted On Dec 12 ,2013 - 12:17-PM | by admin

    Demand growth expected to be about 35 percent between 2010 and 2040 Technology, efficiency key to meeting expected growth; without efficiency gains, global energy demand could more than double Oil a...

    RWE Dea announce first exploration well in Mauritania now under way
    Posted On Dec 12 ,2013 - 12:24-PM | by admin

    Together with its partner Repsol, RWE Dea spudded the first exploration well in Licence Block Ta10 in Mauritania. The well is intended to provide information about the hydrocarbon potential of the lic...

    Eni resumes invoicing the towns affected by the earthquake in Emilia Romagna
    Posted On Dec 12 ,2013 - 12:13-PM | by admin

    with automatic deferral of payments available to all customers Customers will receive a gas and/or electricity bill in January 2014, on the basis of consumption calculated at a special rate for the...

    CME Group Inc. Declares Annual Variable Dividend of $2.60 Per Share
    Posted On Dec 12 ,2013 - 12:58-AM | by admin

    CME Group Inc. (NASDAQ: CME) today declared its annual variable dividend, amounting to $2.60 per share. The dividend is payable January 14, 2014, to shareholders of record December 27, 2013. When CM...

    Israel grants Zion 98,842 acre Megiddo-Jezreel Petroleum Exploration License
    Posted On Dec 12 ,2013 - 12:13-AM | by admin

    Zion Oil & Gas, Inc. (“Zion” or “Company”) (NASDAQ ZN) announced today that, on December 3, 2013, the State of Israel's Petroleum Commissioner awarded the Company the Megiddo-Jezreel Petroleum...

    Chevron Announces $39.8 Billion Capital and Exploratory Budget for 2014
    Posted On Dec 12 ,2013 - 12:47-AM | by admin

    Chevron Corporation (NYSE: CVX) today announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates...

    Neste Jacobs wins the bidding competition of Gasum's Finngulf LNG Project Management Services
    Posted On Dec 12 ,2013 - 12:35-AM | by admin

    Technology, engineering and project management company Neste Jacobs has won the bidding competition of Gasum's Finngulf LNG and Balticconnector project to deliver the Project Management Office (PMO) o...

    Technip and BP extend their successful Purified Terephthalic Acid Alliance
    Posted On Dec 12 ,2013 - 12:20-AM | by admin

    Technip announces the extension of its long-standing agreement with BP in the purified terephthalic acid (PTA)(1) domain. Technip will now also become the exclusive provider of the ISBL (Inside Batter...

    CAMAC Energy Announces Drilling Rig Contract
    Posted On Dec 11 ,2013 - 12:41-PM | by admin

    Secures Drillship Commitment for up to Two Years Offshore Nigeria CAMAC Energy Inc. ("CAMAC" or the "Company") (NYSE MKT: CAK) announced that CAMAC International Limited has signed a letter of intent...

    Rolls-Royce wins key contract to help boost domestic oil production in the U.A.E
    Posted On Dec 11 ,2013 - 12:54-PM | by admin

    Rolls-Royce, the global power systems company, has been awarded a strategic contract to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and related services to he...

    Maku lauds Alison-Madueke, Yakubu’s leadership in Nigerian oil industry
    Posted On Dec 11 ,2013 - 12:17-PM | by admin

    Minister of Information and leader of the Federal Government Good Governance Tour Team, Mr. Labaran Maku has praised the “result-oriented leadership” of the Minister of Petroleum Resources, Mrs. D...

    Talisman Energy and Ecopetrol Declare Commerciality of the Akacias Field in Colombia
    Posted On Dec 11 ,2013 - 12:34-PM | by admin

    Talisman Energy Inc. (Talisman) (TSX:TLM)(NYSE:TLM) and Ecopetrol (ECP) (NYSE:EC)(TSX:ECP)(BVC:ECOPETROL) today announced an important milestone towards developing the Akacías field in Block CPO-9 in...

    Talisman Energy Announces $595 million Sale of Colombian Pipeline Interest
    Posted On Dec 11 ,2013 - 12:00-PM | by admin

    Talisman Energy Inc. (Talisman) (TSX:TLM)(NYSE:TLM) today announced that two of its affiliates have reached agreement to sell their approximately 12% equity interest in the Ocensa Pipeline in Colombia...

    World’s First Marinised Distributed Acoustic Sensing System from Optasense
    Posted On Dec 11 ,2013 - 12:23-PM | by admin

    Proven onshore technology to go offshore to target growing deepwater and subsea market OptaSense, the global leader in distributed acoustic sensing (DAS), is to develop the world’s first fully m...

    Marathon Oil announce 2014 Capital, Investment and Exploration Budget
    Posted On Dec 11 ,2013 - 12:17-PM | by admin

    The Company announced a $5.9 billion capital, investment and exploration budget for 2014, more than 60 percent of which is directed toward the Company's high-growth, liquids-rich North America resourc...

    Marathon Oil Set to Accelerate U.S. Resource Play Activity and Market North Sea Assets
    Posted On Dec 11 ,2013 - 12:42-PM | by admin

    Marathon Oil Corporation (NYSE: MRO), at its Analyst Day in New York today, is providing investors with a comprehensive report on the Company's global operations, including a review of strategic plans...

    Salamander Energy announce Signing of Malaysian PSC New Country Entry
    Posted On Dec 11 ,2013 - 12:29-PM | by admin

    Salamander announces that it has signed a Production Sharing Contract (“PSC”) for Block PM322,located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peni...

    Salamander Energy provides Bualuang Field Development Update
    Posted On Dec 11 ,2013 - 12:20-PM | by admin

    Salamander Energy provides an update on drilling, development and production operations at the Bualuang oil field in the B8/38 concession, offshore Gulf of Thailand. Salamander has a 100% interest in,...

    Seismic cooperation in the southeastern Barents Sea
    Posted On Dec 11 ,2013 - 12:27-PM | by admin

    A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the ...

    Survey from BP and Rigzone reveals broad support of the steps being taken to ensure wider gender diversity
    Posted On Dec 11 ,2013 - 12:02-PM | by admin

    Career prospects for women in the oil and gas industry have improved in recent years and an increasing number of women are taking advantage of those opportunities, according to the majority of energy ...

    Kuwait Oil Company awards WorleyParsons Kuwait a 5 year USD 400 million contract
    Posted On Dec 11 ,2013 - 12:52-PM | by admin

    Kuwait Oil Company (KOC) has awarded WorleyParsons Kuwait a 5 year USD 400 million contract for the supply of programme management services. The contract serves to support KOC to achieve its objective...

    Gazprom selects WorleyParsons for Vladivostok LNG
    Posted On Dec 11 ,2013 - 12:49-PM | by admin

    Gazprom subsidiary, VNIPIgazdobycha, has appointed WorleyParsons as their engineering contractor for the development of a major Russian LNG production and export facility “Vladivostok LNG”. The de...

    BG Group's latest campaign raises Tanzania resources to 15 tcf
    Posted On Dec 11 ,2013 - 12:32-PM | by admin

    BG Group today announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a successful drilling and ...

    Eni meets Consumer Associations and launches the first in a series of study days
    Posted On Dec 11 ,2013 - 12:58-PM | by admin

    Eni met with representatives of Consumer Associations of the National Council for Users and Consumers (CNCU) to present a survey on Consumer Satisfaction, along with research on fuel prices in Italy, ...

    TGS starts multi-client 3D survey offshore Benin
    Posted On Dec 09 ,2013 - 12:11-PM | by admin

    TGS has commenced acquisition of a 3D multi-client seismic survey covering 2,022 sq km offshore Benin. "The BR-13 survey will be TGS' second 3D survey in Benin," commented Stein Ove Isaksen, Sen...

    ​Petronas announce a number of agreements with Brunei petroleum
    Posted On Dec 09 ,2013 - 12:08-PM | by admin

    ​PETRONAS is pleased to announce a number of agreements that have been signed with the Brunei petroleum authorities towards deepening mutually beneficial cooperation in the oil and gas industry betw...

    Pancontinental announce final preparations are under way to drill offshore Kenya in 2014
    Posted On Dec 09 ,2013 - 12:02-PM | by admin

    Sunbird Prospect approved for the first exploration well by the Kenya L10A Joint Venture, led by BG Group Sunbird-1 drilling planned to commence mid-January 2014 using drillship Deepsea Metro-1 ...

    Serinus Energy announces Luba-1 Well,Brunei suspended
    Posted On Dec 09 ,2013 - 12:17-PM | by admin

    Serinus Energy Inc. (“Serinus Energy”, “SEN” or the “Company”), an international upstream oil and gas exploration and production company, announces that the Luba-1 exploration well in Brun...

    RWE Dea announce successful completion of 3D seismic survey off the coast of Suriname
    Posted On Dec 09 ,2013 - 12:48-PM | by admin

    Only five months after RWE Dea’s arrival in Suriname the German company is pleased to announce the successful completion of a 3D seismic acquisition program in the offshore Licence Block 52. Followi...

    Eni makes a new offshore oil and gas discovery in the Norwegian Barents Sea
    Posted On Dec 09 ,2013 - 12:56-PM | by admin

    Eni has made a new offshore oil and gas discovery in the Norwegian Barents Sea, approximately 240km from Hammerfest. The well, which is located in the Skavl prospect in the PL532 license, has been...

    President of the Republic of Congo meets with Eni CEO
    Posted On Dec 09 ,2013 - 12:35-PM | by admin

    The President of the Republic of Congo, Denis Sassou Nguesso, met with Eni’s CEO, Paolo Scaroni, and COO of Eni E&P, Claudio Descalzi, in Rome to discuss Eni’s ongoing activities and projects in t...

    Dana Petroleum awarded new exploration licenses in North Sea
    Posted On Dec 09 ,2013 - 12:33-PM | by admin

    Dana Petroleum has been awarded two new licenses in the UK North Sea, one of which is close to the Tolmount gas discovery in which Dana has a 50 per cent equity share with operator E.on. The Depart...

    Tullow announce East Africa Exploration Update
    Posted On Dec 09 ,2013 - 12:57-AM | by admin

    Tullow Oil plc (Tullow) announces that the Tultule-1 wildcat well in the South Omo block onshore Ethiopia, has reached a total depth of 2,101 metres and will be plugged and abandoned as a dry hole. Th...

    New oil and gas discovery in the Johan Castberg area
    Posted On Dec 09 ,2013 - 12:08-AM | by admin

    Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, dr...

    Atlantic Energy Co-CEO, Kola Aluko predicts indigenous companies to account for over 30% of oil and gas production in Nigeria within 5 years
    Posted On Dec 09 ,2013 - 12:14-AM | by admin

    Atlantic Energy Co-CEO, Scott Aitken made a presentation at the African Oil Week, one of the largest oil and gas conferences held on the African continent held in Cape Town, South Africa 25th - 29th N...

    ConocoPhillips Announces 2014 Capital Budget of $16.7 Billion and Affirms Production Growth Target
    Posted On Dec 07 ,2013 - 12:53-PM | by admin

    ConocoPhillips (NYSE: COP) announced a 2014 capital expenditures budget of $16.7 billion for continuing operations. Investments during 2014 will target the company’s diverse portfolio of global oppo...

    Award of an Exploration Block in Egypt
    Posted On Dec 07 ,2013 - 12:26-PM | by admin

    Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, is pleased to announce today that we have been notified by Ganoub El Wadi Holding Petroleum ...

    Petrofac and Taleveras Sign Cooperation MOU with Nigerian Petroleum Development Company
    Posted On Dec 07 ,2013 - 12:30-PM | by admin

    Petrofac, the international oil and gas services provider, together with African independent oil and gas company Taleveras Energy Resources Limited (“Taleveras”), announce that they have signed a ...

    First Sahara Invited to Finalize Agreement for Oil and Gas License in Morocco
    Posted On Dec 07 ,2013 - 12:05-PM | by admin

    First Sahara Energy Inc. (CNSX:FSE) announced that it has been invited to a meeting by ONHYM, Morocco’s Ministry of Energy & Mines, to finalize a contract for an oil and gas Reconnaissance License o...

    Oryx announces drilling update for Kurdistan Region of Iraq and Congo (Brazzaville)
    Posted On Dec 07 ,2013 - 12:15-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces an update on its drilling activities at Banan and Demir Dagh in the Hawler license area in the Kurdis...

    Oil Discovery at Zey Gawra in the Kurdistan Region of Iraq
    Posted On Dec 07 ,2013 - 12:40-PM | by admin

    Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) today announces the successful discovery at Zey Gawra in the Hawler license area.. The ZEG-1 well was flow tested at ...

    El Dorado exploration well commences drilling
    Posted On Dec 07 ,2013 - 12:04-PM | by admin

    Trinity, the leading independent E&P company focused on Trinidad and Tobago, is pleased to provide an update on its exploration activities. El Dorado The Company today commenced drilling operation...

    AMEC awarded $124 million project management contract by ADMA OPCO for Umm Lulu phase 2 offshore development, UAE
    Posted On Dec 07 ,2013 - 12:03-AM | by admin

    AMEC, the international engineering and project management company, has been awarded a Project Management Consultancy services contract by Abu Dhabi Marine Operating Company (ADMA OPCO) for their Umm ...

    AMEC awarded five-year £158 million Project Engineering and Management Services contract by KNPC, Kuwait
    Posted On Dec 07 ,2013 - 12:24-AM | by admin

    AMEC, the international engineering and project management company, has been awarded a contract with Kuwait National Petroleum Company (KNPC) to provide Project Engineering and Management Services fo...

    Royal Dutch Shell plc third quarter 2013 euro and GBP equivalent dividend payments
    Posted On Dec 07 ,2013 - 12:24-AM | by admin

    The Board of Royal Dutch Shell plc (“RDS”) announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2013 interim dividend, which was announced on October...

    Statoil and Rosneft move forward with shale oil cooperation in the Samara region
    Posted On Dec 06 ,2013 - 12:33-PM | by admin

    Statoil and Rosneft today signed the Shareholders and Operating Agreement for a joint venture to assess the feasibility of commercial production from the Domanik shale formation. The document was s...

    Saudi Arabia's first ever conference on maintenance and reliability to be held in Al Khobar
    Posted On Dec 06 ,2013 - 12:15-PM | by admin

    Conference to be held in Saudi Arabia will focus on asset maintenance and reliability. Ricky Smith, Author of 'Rules of Thumb for Maintenance and Reliability Engineers' will present at the conference....

    Oilex announce £7.5 million equity financing facility
    Posted On Dec 06 ,2013 - 12:30-PM | by admin

    Oilex has announced that it is has secured a £7.5 million, three year Equity Financing Facility ('EFF') with Darwin Strategic Limited. Under the terms of the facility, the Company may, at its discret...

    Woodside awarded new exploration permit in the Taranaki Basin
    Posted On Dec 06 ,2013 - 12:18-PM | by admin

    Woodside advises that it has been awarded new exploration permits offshore New Zealand, as part of the New Zealand Government's 2013 Block Offer. Woodside has been awarded permit 55793 in the Taran...

    Max Petroleum announce successful appraisal well at Sagiz West Field
    Posted On Dec 06 ,2013 - 12:17-PM | by admin

    Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce successful drilling results of an appraisal well in Sagiz West Field. The SAGW-12...

    Eni is the Official Partner of Expo Milano 2015 for Sustainability Initiatives in African Countries
    Posted On Dec 06 ,2013 - 12:59-AM | by admin

    Eni is the Official Partner of Expo Milano 2015 for Sustainability Initiatives in African Countries. Eni has been chosen as a partner due to its understanding of the fundamental value of sustainabilit...

    Shell will not pursue U.S. Gulf Coast GTL project
    Posted On Dec 06 ,2013 - 12:16-AM | by admin

    Royal Dutch Shell plc (“Shell”) today announces that the company will not move forward with the proposed 140,000 barrels per day Gulf Coast gas-to-liquids (GTL) project in Louisiana and will suspe...

    Statoil makes another high-impact natural gas discovery offshore Tanzania
    Posted On Dec 06 ,2013 - 12:43-AM | by admin

    Statoil and co-venturer ExxonMobil today announce its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place in the Mronge...

    New Offshore Atlantic Coast Study Could Spur Economy
    Posted On Dec 06 ,2013 - 12:37-AM | by admin

    Study Shows that Developing Atlantic Offshore Oil and Natural Gas Could Spur 280,000 New Jobs and Add $Billions to the