From the field

Saudi Arabia to raise oil revenue in 2017

Saudi Arabia projects its oil revenue to increase by 46% in 2017, capitalising on the expected uptick in oil prices… Read More

7 years ago

Twelve Mexican states report fuel shortages

At least 12 states in Mexico have indicated they suffer from petrol shortages, local media reported late on Monday. Read More

7 years ago

Tepco to dabble in urban gas supply

Tokyo Electric Power Company (Tepco), mulling its first bond sale since the Fukushima disaster, will start selling gas through its… Read More

7 years ago

Qayyarah well fire extinguished

Iraq’s Ministry of Oil on Tuesday said its North Oil Company had extinguished the fire at Qayyarah well 68, as… Read More

7 years ago

NNPC signals increase in gas reserves

In his year-end address to Nigeria National Petroleum Corporation staff, Group Managing Director Maikanti Baru on Monday said the country’s… Read More

7 years ago

Iran to push ahead with MoU signings

Iran is likely double the number of memorandums of understanding with international oil companies in the coming months, Deputy Managing… Read More

7 years ago

Libya output recovery continues

The ramp-up of Libyan oil production continues, with output recorded at 622,000 bopd on Monday, according to the country’s National… Read More

7 years ago

Delek Group approves merger, acquisition

Israel’s Delek Group approved the merger of its oil and gas exploration units on Sunday, the same day it purchased… Read More

7 years ago

Chevron sells assets in Southeast Asia

US major Chevron has signed agreements with Indonesian and Philippine companies to sell its geothermal assets in the region. The… Read More

7 years ago

Egypt’s dues to Shell inch up

The Ministry of Petroleum’s arrears of debt to Shell have increased by USD 50 million over the past two month,… Read More

7 years ago

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