From the field

Aramco sees glut turning into shortage

A decline of global investment following the 2014 drop in oil prices could result in a future supply shortage, Saudi… Read More

7 years ago

ADNOC to privatise services entities

ADNOC is making plans to put some of its services-related businesses on local equity markets in order to create new… Read More

7 years ago

ADNOC plans gas investments

ADNOC plans to invest USD 20 billion to develop the Hail, Ghasha, Delma, Nasr and Shuwaihat gasfields, with potential production… Read More

7 years ago

Eq Guinea, Cameroon team to develop gas

The governments of Equatorial Guinea and Cameroon signed a MoU on the joint development of the Yoyo-Yolanda gas and condensate… Read More

7 years ago

Producers mull further caps as oil slumps

Russia would consider further changes to the global production cut deal in order to help prop up sagging oil prices,… Read More

7 years ago

Mexico adds new E&P bid round

Mexican Secretary of Energy Pedro Joaquín Coldwell announced at a Thursday conference that the country would hold four E&P tenders… Read More

7 years ago

Saudi Aramco eyes new high

Saudi Aramco’s oil production rose from 10.2 million bopd in 2015 to 10.5 million bopd in 2016, the company said… Read More

7 years ago

YPF’s Luján de Cuyo refinery to undergo upgrade

Argentina’s state-owned YPF will invest USD 114 million in its Luján de Cuyo Industrial Complex, company president Miguel Gutiérrez announced… Read More

7 years ago

Statoil to develop Snefrid Nord

Norway’s Statoil announced on Thursday that it would develop the Snefrid Nord gas discovery in the Norwegian Sea. Read More

7 years ago

Ex-president to testify in OPL 245 case

Former Nigerian President Goodluck Jonathan was called to testify by the lower house of parliament on Wednesday about the controversial… Read More

7 years ago

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