From the field

Search for kidnapped oil workers continues

Acting Nigerian President Yemi Osinbajo ordered search and rescue missions for the oil survey workers kidnapped by suspected Boko Haram militants… Read More

7 years ago

SABIC reports 25% fall in Q2 net profits

Saudi Basic Industries Corporation (SABIC) posted on Sunday a net profit of USD 980 million for Q2 2017, a fall… Read More

7 years ago

Kirkuk-Iran oil pipeline on horizon

A pipeline that would export oil from Iraq's Kirkuk fields via Iran is being assessed by officials from both countries,… Read More

7 years ago

US majors post gains, losses

Super-majors ExxonMobil and Chevron reported strong Q2 results on Friday, a day after ConocoPhillips posted a loss of USD 3.4… Read More

7 years ago

Oil hovers around highs ahead of U.S. rig count

Oil Friday hovered around eight-week highs ahead of U Read More

7 years ago

Death toll in oil worker abduction at 30

A total of at least 30 people have been killed since the kidnapping and attempted rescue of a team of… Read More

7 years ago

Halliburton to pay $30 m in bribery case

Halliburton agreed to pay USD 29 Read More

7 years ago

Major oil firms post gains

Shell, Statoil and Total announced strong Q2 results on Thursday, indicating a gradual industry uptick after years of sluggish activity. Read More

7 years ago

Petronas to exit Vietnam blocks

Malaysia’s Petronas will return offshore blocks 01 and 02 to Vietnam once its PSC expires in September, the company said… Read More

7 years ago

Oil hits 8-week highs as falling U.S. crude stockpiles add to optimism

Oil prices rose to a fresh eight-week high in European trade on Thursday, as data showing a fourth consecutive week… Read More

7 years ago

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