From the field

ONGC’s profit takes hit

India’s Oil and Natural Gas Corporation (ONGC) posted a 21% drop in quarterly revenue and profit on Wednesday, as lower… Read More

8 years ago

BP’s Azeri output to remain level

BP on Wednesday said it does not expect to increase production from its fields in Azerbaijan in 2017, adding it… Read More

8 years ago

Chinese majors given transparency deadline

China’s Ministry of Land and Resources has ordered three of the country’s major energy companies to reveal data on their… Read More

8 years ago

Apache confirms fresh resource play

US independent exploration and production company Apache Corporation on Wednesday said it could confirm a “significant new resource play” in… Read More

8 years ago

JBIC affirms commitment to Trinidad

The Japan Bank for International Cooperation (JBIC) earlier this week said it would continue to support projects in Trinidad and… Read More

8 years ago

Violence hits Nigerian output, reform bill

A string of attacks across Nigeria’s hydrocarbons-producing regions has reduced oil output by almost 18% in the second quarter of… Read More

8 years ago

Enbridge, Spectra create pipeline behemoth

Oil and gas pipeline companies Enbridge and Spectra Energy on Tuesday announced a stock-for-stock merger, thereby creating the biggest energy… Read More

8 years ago

Iran to back OPEC moves

Iranian Minister of Petroleum Bijan Namdar Zangeneh on Tuesday said his country would back OPEC efforts geared towards the stabilisation… Read More

8 years ago

Mubadala: right time to invest is now

The current business environment presents long-term investors with opportunities, the chief executive of Abu Dhabi's Mubadala Development Company said on… Read More

8 years ago

GCC dependency on IPPs set to grow

Lower revenue streams from oil and gas will force GCC governments to turn to independent power producers (IPP) to help… Read More

8 years ago

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