Tag: Oil and Gas News
Philippines: Red Emperor Resources granted 2-year moratorium on SC 55, offshore...
Red Emperor Resources has provided the following update with respect to Service Contract 55 (SC 55), offshore Palawan Basin in the Philippines.
Asian Buyers...
OPEC daily basket price close at $45.36/b
The price of OPEC basket of thirteen crudes stood at $45.36 a barrel on Wednesday, compared with $45.64 the previous day, according to OPEC...
Shell announces Q1 Euro and GBP equivalent dividend payments
The Board of Royal Dutch Shell plc has announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2016...
Cairn Follows up on Senegalese Discoveries
Cairn Energy is looking forward to a three well drilling campaign offshore Senegal from the fourth quarter of 2015. The London listed explorer has...
Global oil giants seek inroads into India’s retail fuel market: Dharmendra...
New Delhi: Global oil firms, including Saudi Aramco and Total plan to tap the retail fuel market in India, its oil minister said on...
Equatorial Guinea Places 37 Licences on the Auction Block
Equatorial Guinea’s Ministry of Mines, Industry and Energy (MMIE) (www.MMIE.gob.gq) launched the country’s latest oil and gas blocks licensing round, EG Ronda 2016 (www.EGronda2016.com),...
US: Stone Energy Announces 1-For-10 Reverse Stock Split
Stone Energy has announced that the Board of Directors of Stone has approved a 1-for-10 reverse split of its issued and outstanding shares of...
Brent Crude Oil Goes Above $50
London – Brent crude prices held at about 50 dollars a barrel on Friday as sign that the oil market was moving back to...
23rd Africa Oil Week / Africa Upstream 2016, Cape Town, South...
“Meet Governments and Corporate Players shaping Africa’s Oil, Gas-LNG Game”
LONDON, United Kingdom, May 30, 2016/ -- Global Pacific & Partners with ITE Group will...
Phillips & Temro to Feature its Line of Arctic Fox
Oil and Gas Products at the 2016 Global Petroleum Show
Eden Prairie, MN / Calgary, Alberta (May 25, 2016) – Phillips & Temro Industries (PTI)...
ExxonMobil Terminates Rig in Angola
Transocean has joined the ranks of several other firms that over the past couple of months has seen early termination notices for their rigs.
Angola...
CORE PA’S WORLD MEDIA TOUR 2015
Pennsylvania Coal, Oil Sectors Attract $1.25bn Dollar FDI
By Margaret Nongo-Okojokwu
The Pennsylvania coal, oil and natural gas sector has attracted $1.245 billion Foreign Direct Investments...
Russia’s Lukoil Exits Projects in Cote d’Ivoire
Russian news agencies have reported on Friday that Lukoil, Russia's largest private oil company in the world, exited projects in Cote d'Ivoire, where it...
Cairn Energy Drilling SNE-3 Appraisal Well Offshore Senegal
JV partner FAR reports that the second appraisal well to be drilled on the SNE oil field, 100km offshore Senegal, has been re-entered and will now be...
Tullow: TEN Project Over 80% Complete, CAPEX Reduction in 2016
Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is over 80 percent complete and on schedule for first oil between July and August this...
GAS IS THE BEST BRIDGING FUEL TOWARDS A LOW-CARBON FUTURE, SAYS...
15 December 2015, IGU Forum, Høvik, Norway: The demand for energy is expected to increase by more than 50 per cent by 2050. At...
BP’s Chief Economist Meets Key Government Officials around the Middle East...
Spencer Dale, BP Group Chief Economist, has visited Oman, the United Arab Emirates, Kuwait, and Saudi Arabia and met with senior Government dignitaries and...
Ophir Awards Fugro Offshore Survey Programme In Equatorial Guinea
Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) for the provision of survey services for the development of large scale assets and infrastructure...
ADIPEC Focus on Africa: UAE Emerges As Key Investment Partner
By Margaret Nongo-Okojokwu
The UAE is leading the way in terms of investment in Africa’s oil and gas sector, according to industry experts. Speaking at...
ADIPEC 2015: World’s leading Oil & Gas Event Breaks Industry...
By Margaret Nongo-Okojokwu
Described as the “world’s most influential oil and gas exhibition”, Abu Dhabi was the home of ADIPEC (Abu Dhabi International Petroleum Exhibition...
