Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.
READ MOREUp to 20% of Nigeria's crude will be traded on the Lagos commodities exchange under a new government plan.
READ MORENorway's Argeo will provide an AUV survey for Woodside Energy at the deepwater Calypso field in Trinidad and Tobago.
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The Energy Year Nigeria 2023
Petrofac has been awarded a contract valued at around USD 350 million by Equatorial Guinea's NOC, GEPetrol.
READ MOREBP has started oil production at the new Azeri Central East platform in the Caspian Sea offshore Azerbaijan.
READ MOREMexico's presidential frontrunner has unveiled a plan to invest USD 13.57 billion in energy generation projects through 2030.
READ MORESLB has been awarded three contracts by Petrobras for completion hardware and services in the offshore Buzios oilfield.
READ MORETechnipFMC has won a contract valued at up to USD 1 billion from ExxonMobil for works on the Whiptail project off Guyana.
READ MOREThe Indian government over the weekend launched the three-year Pradhan Mantri Ujjwala Yojana programme that will see it distribute free LPG to…
READ MORENovatek has secured more than USD 12 billion in loans for the USD 27-billion Yamal LNG project in northern Russia, media reported on Monday. The…
READ MORENear-record OPEC production in April of 32.64 million bopd sent oil prices on a retreat on Monday, undoing gains made over the past weeks. A weaker…
READ MOREFatih Birol, head of the International Energy Agency, said on Sunday that the oil markets will begin to rebalance in the second half of 2016 or by…
READ MOREIraqi crude exports averaged 3.36 million bopd during April, a spokesperson of the Ministry of Oil said on Sunday, about 5,000 barrels shy of the…
READ MOREHalliburton and Baker Hughes have called off their merger amid persistent antitrust concerns on both sides of the Atlantic. Announced on Sunday, the…
READ MOREA helicopter crash over the Norwegian waters of the North Sea on Friday is believed to have cost the lives of 11 oil workers and two helicopter…
READ MOREOphir Energy and Schlumberger have failed to reach an agreement on a deal that would see the latter secure a 40% stake in the Fortuna floating LNG…
READ MORESamsung Heavy Industries on Friday confirmed the cancellation of an engineering, procurement, construction and installation contract for three…
READ MOREVastly lower operating profits from the exploration and production segment have contributed to first quarter losses for Italian major Eni, which on…
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