OTC Asia 2026

Market Reports

      Citigroup sees U.S. oil output losing 500,000 bpd

      Market Reports
      A funding squeeze threatens to cut U.S. oil output by as much as half a million barrels a day by the end of the...

      British Petroleum sells 11.5 pct stake in Castrol India

      Market Reports
      BP announced that its wholly-owned subsidiary, Castrol Limited, has been successful in selling part of the shareholding it holds in Castrol India.    ...

      British Petroleum increases stake in Culzean in the North Sea

      Europe
      British Petroleum announced it has doubled its interest in the Culzean development in the UK Central North Sea, following its acquisition of an additional...

      Oil Search Limited and Total SA sign agreement for acquisition of Inter Oil assets in Papua New Guinea

      Market Reports
      Oil Search Limited and Total SA to focus on development of Papua LNG Project and to pursue cooperation and/or integration opportunities with PNG LNG...

      Petrobras announces approval of sale of Petrobras Argentina

      Market Reports
      Petrobras announces that its Board of Directors have approved, in a meeting held the sale of its entire 67.19% stake in Petrobras Argentina (PESA),...

      Sanctions could lead to restructuring of Russian oil industry

      Market Reports
      While Russia is continuing to pump crude oil at record levels, producing on average 10.685 million barrels per day in 2015, the continuous pressure...

      JX Nippon sells 16% interest of Culzean gas field in North Sea to BP

      Market Reports
      JX Nippon Oil and Gas Exploration Corporation is pleased to announced that its wholly owned subsidiary, JX Nippon Exploration and Production (U.K.) Limited sold...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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      Don’t Miss the Unconventional Resource Revolution’s Next Wave

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