The Mancos Shale formation in Colorado holds 40 times more natural gas than previous estimates, the US Geological Survey said… Read More
Indian oil refiners paying sizeable dues to Iran in foreign currencies have been asked to deposit money ahead of schedule… Read More
Hyundai Heavy Industries plans to raise around KRW 3.5 trillion (USD 3 billion) through auctioning of assets, the company said… Read More
The government of Nigeria plans to lower its military presence in the Niger Delta region after attacks have continued to… Read More
Shell plans on liquidating USD 30 billion in assets in up to 10 countries by 2018, Simon Henry, Shell’s chief… Read More
Angola’s renovated LNG facility has put up for bidding its first gas cargo since the plant shut down in April… Read More
Chevron began production of gas from the processing plant on Sichuan Basin’s Luojiazhai gasfield in southwest China, partner China National… Read More
Aker Solutions has signed a contract for the longest umbilicals system ever at the Zohr gasfield in Egypt’s Mediterranean Sea,… Read More
Devon Energy is liquidating assets worth up to USD 1 billion, the company said in a statement today. Read More
Sheikh Mohammed bin Khalifa Al Khalifa was appointed as Bahrain’s oil minister in a cabinet shuffle by King Hamad bin… Read More
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