From the field

Shell set to return to Iran

Shell confirmed on Monday it had signed a memorandum of understanding with Iran’s National Petrochemical Company to co-operate in petrochemicals. Read More

8 years ago

BP axes controversial Australian venture

BP will halt exploration in the Great Australian Bight, the energy giant announced Tuesday, halting development of an area estimated… Read More

8 years ago

Australia Pacific launches second train

Australia Pacific LNG launched production in the second train of its facility on Curtis Island off Queensland on Monday, staking… Read More

8 years ago

Oil production cut deal uncertain

Despite comments by Saudi Minister of Energy Khalid Al Falih, who voiced optimism on Monday that a production cut could… Read More

8 years ago

Russian minister dampens oil gains

A one-sentence comment by Russian Energy Minister Alexander Novak curtailed recent gains in oil prices on Friday, sparking a media storm Read More

8 years ago

Aramco broadens IPO

Saudi Arabia’s Aramco, the world’s largest oil company, will be broadening its planned initial public offering (IPO) to its entire… Read More

8 years ago

BP to open India petrol stations

BP will be grated permission next week to open petrol stations in India, an official from the Ministry of Petroleum… Read More

8 years ago

Total sheds chemicals unit

Private equity firm Carlyle Group will be acquiring Total’s speciality chemicals unit, the companies said on Friday. Read More

8 years ago

Chad slaps Exxon with fine bigger than its GDP

A high court in Chad on Thursday ruled against an ExxonMobil-led consortium in a case brought against it by Chad’s… Read More

8 years ago

OPEC targets USD 55 per barrel

OPEC announced Thursday it aims to get the oil price to USD 55 per barrel by cutting production Read More

8 years ago

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