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      Becht 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 announced. Becht Engineering provides...

      Egdon 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 licence PEDL 180, confirmed...

      Russia 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 said on Friday, an...

      San 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 in south-western Poland, flowed...

      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 (MMT) at three locations...

      Gazprom 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 saying the firm wanted...

      Total sells stake in Nigerian onshore OML 29 for $569m

      French energy firm Total has sold its interest in Nigerian onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P for $569m. The divestment...

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

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