From the field

Oil seen extending losses

Oil prices, near seven-month lows, may soon hit the longest streak of weakly losses in almost two years, international media… Read More

7 years ago

YPFB CEO sacked over Drillmec contract

Guillermo Acha, the president and CEO of Bolivian NOC YPFB, was fired on Thursday over the purchase of drilling equipment… Read More

7 years ago

BP and Reliance Industries strengthen ties

On Thursday, BP and partner Reliance Industries (RIL) announced they would be advancing the development of R-series deepwater gasfields offshore… Read More

7 years ago

DuPont bags Dangote refinery contract

US chemical giant DuPont said on Thursday that Nigeria’s Dangote had commissioned a range of its proprietary equipment for the… Read More

7 years ago

Indian majors plan mammoth refinery

Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) joined forces for the construction of a… Read More

7 years ago

Fire at Salina Cruz refinery causes injuries

A fire broke out at Pemex’s Salina Cruz refinery on Wednesday, injuring nine workers and causing damage. Read More

7 years ago

LGO Energy rebrands

Upstream operator LGO Energy changed its name to Columbus Energy Resources on Thursday. Newly appointed executive chairman Leo Koot plans… Read More

7 years ago

Chinese crude output slumps to new low

China’s National Bureau of Statistics on Wednesday released its figures on domestic crude production for May, which showed a fresh… Read More

7 years ago

Rosneft to invest USD 8.5 bln in offshore

Russia’s Rosneft, the world’s leading listed oil company by output, told international media on Wednesday that it was planning to… Read More

7 years ago

Workover results for President Energy

President Energy has achieved promising results from workover operations in Argentina, the company reported in press release on Wednesday. Read More

7 years ago

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