From the field

Premier Oil sheds shares to bolster development

Premier Oil is seeking buyers for a 25% stake in Indonesia’s 500-bcm (17.7-bcf) Tuna field development, CEO Tony Durant said… Read More

6 years ago

Rosneft approves China crude sales: report

Russian oil giant Rosneft has approved the sale of around 88 million barrels of crude to CEFC China Energy next… Read More

6 years ago

USA to lead world oil, gas output: report

In the long run, the USA will become the “undisputed leader of oil and gas production worldwide,” Fatih Birol, the… Read More

6 years ago

China targets Abu Dhabi offshore

Abu Dhabi National Oil Company (ADNOC) and China National Petroleum Corporation signed a new framework agreement Wednesday. Read More

6 years ago

Niger Delta militants threaten Shell

The Supreme Egbesu Tigers of Africa threatened to attack Shell Petroleum Development Company (SPDC) facilities in a statement Wednesday. Read More

6 years ago

Pemex relaunches franchise line

Mexican NOC Pemex relaunched its petrol franchise business on Wednesday in an effort to improve its product and services offering,… Read More

6 years ago

Oil down on anticipated inventory rise

Oil prices fell further on Wednesday, extending sharp losses from the previous session amid speculation weekly supply data due later… Read More

6 years ago

Dos Santos ousted from Sonangol

Angolan President João Lourenço has removed Isabel dos Santos from her post as head of Sonangol, local media reported Wednesday Read More

6 years ago

Sapura Energy in deals worth $351 mln

Malaysia’s Sapura Energy has signed five contracts worth MYR 1.47 billion (USD 351 million), international media reported on Wednesday. Read More

6 years ago

Egypt to pay $750 mln to IOCs: report

Egypt is to pay USD 750 million of debts owed to IOCs by the end of the year, local media… Read More

6 years ago

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