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      Marathon Petroleum and Neste form JV for renewable fuels project in US

      US-based Marathon Petroleum and Finnish oil refiner Neste have finalised a transaction to become equal partners in Marathon’s Martinez Renewable Fuels project in California,...

      Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen

      Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in a deal worth $1.1bn,...

      OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well

      Austria’s oil and gas company OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North Sea but, due to...

      UAE accelerates plan to increase its oil production capacity

      The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the matter, as it tries...

      INEOS and partners approved to develop Solsort field offshore Denmark

      INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development of the Solsort West...

      Allseas lands major Mexico pipelay contract

      Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico. Our state-of-the-art pipelay vessels will...

      Oil Demand Rises In China As Refiners Ramp Up Production

      In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned...

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      White Papers

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

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...