Eni strengthens its presence in the Cyprus Offshore

Eni announces that has finalized a farm-in agreement with Total to acquire 50% Participating Interes...

Algeria Sonatrach to invest $50 billion, boost crude output

Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019...

Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

Natixis, IBM and Trafigura have pioneered the first blockchain solution in commodity trade finance f...

Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 ...

Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with...

Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the...

  • Eni strengthens its presence in the Cyprus Offshore

  • Algeria Sonatrach to invest $50 billion, boost crude output

  • Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

  • Ecopetrol announces oil discovery at Santander

  • Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

  • Digital Transformation of the oil and gas sector

Offshore

Statoil receives consent for exploration drilling in the Barents Sea

Statoil has received consent to drill an exploration well in block 7219 in the Barents Sea.Statoil is the operator for production licence 532 in the Barents Sea and has received consent to drill explo

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Bechtel Launches Long-Term Sustainability Targets

Bechtel, a global leader in engineering, procurement, and construction, today announced a set of ambitious long-term targets to increase the company’s contributions to global sustainability.  The g

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Amec Foster Wheeler wins contract with China’s GPEC for oil shale fired CFB boilers in Jordan

Amec Foster Wheeler announces today that it has been awarded a new contract by China Energy Engineering Group Guangdong Power Engineering Co., Ltd. (“GPEC”), for the design and supply of two circu

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Pipelines & Transport

CNPC and CASIC sign agreement to deepen strategic cooperation

On February 28, CNPC and China Aerospace Science & Industry Corp (CASIC) signed an agreement to deepen strategic cooperation for mutual benefits and win-win results.                    

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SPL / SPM of Balongan Refinery Valued at Rp1.79 trillion is Starting to be Built

The Groundbreaking of submarine pipe line (SPL) and single point mooring (SPM) facilities construction in Pertamina’s Refinery Unit VI Balongan, Indramayu, West Java are conducted today by Minister

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Gazprom and Linde expanding cooperation in oil and gas sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aldo Belloni, Chief Executive Officer of Linde, took place at the Gazprom headquarters.              

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Onshore

Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the recent drop in the oil prices, both the upstream and downstream companies are looking now at innova

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Messoyakha Neftegaz exploring potential for underground gas storage

Messoyakhaneftegaz, a joint enterprise between Gazprom Neft and Rosneft, has obtained a licence from Rosnedra (the Federal Subsoil Resources Management Agency), for geological investigations and a sui

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Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 well discovered the presence of crude in the Magdalena Middle Valley, municipality of Rioneg

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Downstream

100’s Downstream Project Owners Gather in New Orleans this June

1100+ Project Leads from: Cheniere, ExxonMobil, BASF, Lyondellbasell, OxyChem, INEOS, Total, Dow + hundreds more - position their businesses at the centre of the downstream construction boom by gather

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Saudi Aramco, Petronas Sign Share Purchase Agreement For Equity Participation In Rapid Downstream Project

The Saudi Arabian Oil Company and Petroliam Nasional Berhad signed a Share Purchase Agreement,allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petrochemical Integrated Deve

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ExxonMobil Singapore Refinery to Expand Group II Base Stock Production

ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products a

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