The number of oil rigs in the US increased by 5 last week, reaching 525 units. According to Baker Hughes… Read More
Colombia’s Ecopetrol announced late December that its 100% owned subsidiary Hocol had encountered gas near-shore in Atlanticó department. The Bullerengue… Read More
While negotiations with Danish authorities will continue, Maersk Oil confirmed on Friday that it would slowly shut down Denmark’s Tyra… Read More
Brent and West Texas Intermediate futures, both near yearly highs on Friday, have not had a better year since 2009 Read More
Gazprom on Friday said it would extend more than USD 300 million in loans to its subsidiary overseeing the construction… Read More
China’s Ministry of Commerce has decided that the country’s four state majors will be allowed to sell 12.4 million tonnes… Read More
Royal Dutch Shell and partners Ophir Energy and Pavilion Energy have found no hydrocarbons in the two wells they drilled… Read More
The first phase of Reliance Industry’s (RIL) paraxylene plant in Jamnagar has been commissioned, the private oil and gas major… Read More
South Korean contractor Daelim Industrial on Thursday said it had been awarded a construction contract for work on Iran’s Isfahan… Read More
Saudi Aramco has awarded Seadrill a three-year contract extension for one of its jack-up rigs, the Bermuda-headquartered driller said in… Read More
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