The National Bank of Kazakhstan on Wednesday reported data on foreign direct investment (FDI) in oil and gas for the January-September 2015 period, revealing a 72.7%…
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Refined oil products used in Nigeria are now limited to a maximum sulphur content of 200 ppm.
READ MOREShell has continued its pivot away from floating offshore wind by exiting a 1.25-GW project in South Korea.
READ MOREEni has completed its acquisition of Neptune Energy’s oil and gas assets for USD 4.9 billion.
READ MOREFaisal Hussain, general manager of Bridge Saudi Company, talks to The Energy Year about the latest innovations in chemical cleaning and how the company’s dry-cleaning…
READ MOREOctopus Energy has teamed up with Tokyo Gas to create a USD 3.7-billion fund to develop offshore wind assets, the UK renewable energy group announced on Friday.
The…
READ MORESBM Offshore has partnered with Japanese engineering giant Mitsubishi Heavy Industries to develop CCS technology for FPSOs, the Dutch offshore vessel provider announced…
READ MOREShell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.
The merger was launched in…
READ MOREA vehicle to help international investors reach a settlement with state-owned Petrobras was set up in the Netherlands today.
Dubbed the Petrobras Compensation…
READ MOREOil trader Vitol confirmed over the weekend that it had purchased a batch of Iranian crude, with company CEO Ian Taylor commenting to Bloomberg that it was “very much…
READ MOREExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…
READ MOREShell shareholders gave the thumbs up for a USD 50-billion acquisition of the UK’s BG Group at a meeting in The Hague on Wednesday.
In the largest energy merger to…
READ MOREShell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…
READ MOREShell’s BG acquisition, valued at $51 billion, could be profitable if the average price of oil is at $50 for two years, the super-major said Wednesday. The investors…
READ MOREShell announced USD 5 billion in extra capital spending cuts and operating savings for 2016 in an effort to increase investor support for its upcoming BG Group…
READ MOREDutch marine services company SBM Offshore released a statement on Monday defending CEO Bruno Chabas and supervisory board member Setze Hepkema in a corruption scandal…
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