From the field

Oman still on track for 1 million bopd

Oman remains on track for keeping average 2016 production above 1 million bopd, data from the National Center for Statistical… Read More

7 years ago

BP inks Abu Dhabi concession deal

BP on Friday acquired a 10% interest Abu Dhabi’s onshore concession managed by Abu Dhabi Company for Onshore Petroleum Operations… Read More

7 years ago

Cosco consolidation moves forward

Cosco Shipping on Friday announced the successful merger of the company’s Cosco Shipyard, Cosco Shipbuilding Industry and China Shipping Industry… Read More

7 years ago

Chinese teapot refineries hard hit

On Friday, in a complete turnaround from policies initiated in 2016, China decided to reverse its decision to allow teapot… Read More

7 years ago

Petrobras nets financing deal with China

On Thursday, Brazilian state-owned company Petrobras inked a 10-year finance agreement with China Development Bank Corporation valued at valued USD… Read More

7 years ago

Cairn to ramp up Rajasthan production

Cairn India is planning to invest USD 4.4 billion over the next three years to grow its production, most of… Read More

7 years ago

ExxonMobil shuts down Nigeria office

Union protests at ExxonMobil’s Nigerian headquarters forced the local subsidiary of the US major to temporarily shut down the premises… Read More

7 years ago

World Bank backing for Ghana offshore project

Ghana will receive World Bank financing for the offshore Sankofa oil and gas development, the group said on Thursday. Read More

7 years ago

Argentina announces reform, investments

Rising domestic demand will require Argentina to invest USD 20 billion per year in its unconventional gas resources, president of… Read More

7 years ago

Gulfport buys USD 1.85-bln Oklahoma plot

US independent Gulfport Energy has agreed to buy around 344 square kilometres of land in Oklahoma’s natural gas-rich SCOOP region… Read More

7 years ago

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