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      YPF and Dow to invest $500m on Argentina shale gas development

      America
      Argentina's state-run oil company, YPF and Dow Chemical's local unit Dow Argentina have announced plans to invest $500m in 2016 to increase shale gas...

      Pemex to invest $23bn in next three years to upgrade refineries in Mexico

      America
      Mexico-based Petróleos Mexicanos (Pemex) has announced plans to invest $23bn on its refineries in the next three years. The investment will help the company...

      Suncor Energy extends $3.2bn takeover offer for Canadian Oil Sands

      America
      Suncor Energy has extended its C$4.3bn ($3.2bn) takeover offer for its Canadian Oil Sands (COS) until 8 January 2016. The offer was originally set...

      UK’s Oil & Gas Authority offers new shale gas licences for 132 blocks

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      The UK Oil & Gas Authority (OGA) has awarded another 132 new shale gas licenses under the 14th onshore oil and gas licensing round....

      Novatek signs agreement to sell stake in Yamal LNG project in Russia

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      Natural gas producer Novatek has signed an agreement to sell a 9.9% equity stake in the $27bn Yamal LNG project in Russia to China's...

      Shell to construct new solvent deasphalter unit at Pernis refinery in Netherlands

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      Shell has announced final investment decision to go ahead with the construction of a new solvent deasphalter (SDA) unit at its Pernis refinery in...

      National Oilwell Varco to cut 900 jobs due to weak oil prices

      Downstream
      National Oilwell Varco Norway has announced plans to reduce its employees by up to 900 as the company looks to cut costs due to...

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