News
India 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 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...
Read moreEuropa Oil & Gas starts drilling at Kiln Lane-1 exploration well in UK
Europa Oil & Gas has started drilling at the Kiln Lane-1 exploration well in northeast Lincolnshire, the UK. The well,...
Read moreInpex wins approval to explore Beetaloo Basin in Australia
Japanese oil firm Inpex has secured approval from Australia's Northern Territory Government to explore the onshore Beetaloo Basin. The acreage...
Read moreJacobs wins engineering services contract for Australia Pacific LNG facility
Jacobs Engineering Group has secured an engineering services agreement from ConocoPhillips to support the sustaining capital programme for the Australia...
Read moreKrisEnergy starts West Papua 2D seismic acquisition programme
KrisEnergy has started a 300km 2D seismic acquisition programme in the Udan Emas production sharing contract (PSC) onshore West Papua,...
Read moreMedco Energi to sell gas from Aceh’s Block A in Indonesia to Pertamina
Medco Energi Internasional has agreed to sell gas from Aceh's Block A in Indonesia to Pertamina. The gas sales and...
Read moreIran to spend up to $4.8 billion from sovereign fund development on oil
Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas...
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