Perenco picks up two Petrobras oilfields
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Brazil - April 19, 2024

Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.

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Saudi Arabia - March 29, 2017

The decision to slash taxes paid by Saudi Aramco to the government by over 40% has increased the corporate valuation of the company by some USD 1…

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Australia - March 29, 2017

Cooper Energy on Wednesday announced that it had secured board approval for the Sole gas project.The offshore development, to take place in the…

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Kuwait - March 28, 2017

Petrofac on Tuesday announced the award of a lump-sum engineering, procurement and construction (EPC) contract for a gathering centre in Kuwait’s…

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Russia - March 28, 2017

The Court of Justice of the European Union ruled on Tuesday that EU sanctions against the Russian oil giant Rosneft were “valid,” though they…

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Iraq - March 28, 2017

The Gazprom Neft subsidiary charged with developing Iraq’s Badra oilfield, Gazprom Neft Badra, on Monday announced a production milestone.The…

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Libya - March 28, 2017

Clashes between rival groups in Libya is beginning to affect oil production, with sources on Tuesday reporting on a 20% drop in output.Speaking…

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