Royal Dutch Shell said on Thursday it would sell its 50% share in the Kapuni gasfield in New Zealand to Todd Energy for an undisclosed price.
The two companies have…
READ MOREOil was up Monday morning in Asia, continuing multiweek gains. Supply restraints from major producers collided with growing fuel…
READ MOREOil was up Wednesday morning in Asia over a record fall in US crude supplies and growing expectations that re-opening drives in…
READ MOREOil was up on Tuesday morning in Asia with Russian expectations of a rebalancing of the market by June or July.
Russia is one of the top oil producers in the…
READ MOREOil continued to slide from the previous session on Monday in Asia as producers continue to grapple with a supply glut.
International Brent oil futures dropped 1% to…
READ MOREShell has wrapped up the sale of its New Zealand assets to OMV for USD 578 million, the super-major announced on Friday.
The assets include an operated stake in the…
READ MOREQatar Petroleum’s (QP) decision to lift the self-imposed moratorium on the development of the North Field dominated the oil and gas headlines last week. However, the…
READ MORERoyal Dutch Shell said on Thursday it would sell its 50% share in the Kapuni gasfield in New Zealand to Todd Energy for an undisclosed price.
The two companies have…
READ MOREShell announced its New Zealand assets were under review in a press conference on Thursday, after 100 years of operating in the country.
Shell NZ produces 70% of…
READ MOREAustralian company Origin Energy announced on Tuesday it would sell its controlling stake in Contact Energy, a New Zealand power generation company, for about $1.2…
READ MOREThe New Zealand Ministry of Business, Innovation and Employment announced today the start of the country’s yearly petroleum exploration permit tender, dubbed Block…
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