News
Shell to buy 80% stake in Northern Petroleum’s onshore Italian permit
Shell has agreed to acquire an 80% operatorship interest in Northern Petroleum's Cascina Alberto permit, onshore north-west Italy. Shell has...
Read moreEgdon finds gas at Wressle-1 exploration well in UK
Egdon Resources has revealed a gas pay zone at the Wressle-1 well, onshore England, UK. The well, located in Lincolnshire...
Read moreTethys Petroleum signs MOU with PetroChina International Kazakhstan
Tethys Petroleum has signed a memorandum of understanding (MOU) with PetroChina International Kazakhstan to explore the feasibility of a long-term...
Read moreSaudi to hike April crude OSPs for Asia
Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades...
Read moreRussia may accept majority Chinese control of big oil and gas fields
Russia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official...
Read moreIndia to set up strategic Crude Oil reserves of 5.33MMT
In a bid to enhance energy security, India is setting up Strategic Crude Oil Reserves of 5.33 Million Metric Tonnes...
Read moreGazprom Neft to Move Operations From Austria Back to Russia
Gas giant Gazprom’s oil arm is shifting its trading operations from Austria back to Russia, it said, with industry sources...
Read moreAngola hopes to turn around falling oil and gas output
Angola plans to increase its oil production by 20 percent by next year after suffering a “very difficult†2014 as...
Read moreBecht Engineering Co. acquires The CECON Group
Becht Engineering Co., Inc., has announced that it has acquired The CECON Group, Inc. Terms of the transaction were not...
Read moreSan Leon Energy makes first commercial gas discovery in Poland
European shale gas firm San Leon Energy has made its first commercial gas discovery in Poland. Rawicz-12, an appraisal well...
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