Republic of Congo forecasts an increase in domestic production of some 50,000 bopd over the next two years, Hydrocarbons Minister… Read More
Gazprom on Thursday announced it had signed a deal with the Swiss Allseas Group to start construction on the first… Read More
Chevron on Wednesday unveiled a USD 19.8-billion capital and exploratory investment programme for 2017, marking the fourth straight year of… Read More
Commodity traders Glencore and the Qatar Investment Authority will together acquire a 19.5% stake in Rosneft, the Kremlin announced on… Read More
The Iraqi parliament has approved a USD 85 billion budget for 2017, lawmakers said on Wednesday. It assumes an oil… Read More
Missan Oil Company, the national oil company overseeing production in Iraq’s Maysan province, will develop the Howaiza field in 2017,… Read More
Shell signed a non-binding memorandum of understanding with the National Iranian Oil Company on Wednesday to develop the Kish natural… Read More
Oman is planning a bond issue of up to USD 2 billion next year to plug gaping holes in its… Read More
Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum on Wednesday agreed to join forces for the construction of… Read More
Multinational commodity traders Trafigura reported a 12% decrease in net profit for the year ended September 30, the company said… Read More
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