From the field

Petrobras to shed assets in Argentina, Chile

Petrobras will sell assets in Argentina and Chile as part of ongoing divestment efforts and debt reduction, the Brazilian state-owned… Read More

8 years ago

Oil sands operators shelter refugees

Operators working in Alberta’s oil patch have opened up their work camps to locals fleeing from the raging wildfires, Canadian… Read More

8 years ago

DNO returns to profitability

Regular payments for oil produced in the Kurdistan Region of Iraq have seen DNO return to profitability, with earnings before… Read More

8 years ago

Shell reports Q1 loss

Shell posted a Q1 loss of USD 455 million on Wednesday, its first announcement since finalising the merger with BG… Read More

8 years ago

Shah Deniz consortium awards subsea deal

BP and its Shah Deniz partners have awarded a Saipem-led consortium a USD 1.5-billion subsea production contract, the group announced… Read More

8 years ago

Halliburton loss widens

Halliburton reported quarterly losses of USD 2.4 billion on Tuesday, a sharp increase from the company’s USD 643 million in… Read More

8 years ago

Anadarko strikes offshore Côte d’Ivoire

Anadarko has hit a 30.5-m payzone in Block CI-103 offshore Côte d'Ivoire, the company announced late on Monday. The news… Read More

8 years ago

Statoil raises Lundin share

Statoil has reached a deal with Lundin Petroleum to increase its stake in the Swedish company to 20.1%, the Norwegian… Read More

8 years ago

South Korea, Iran strengthen energy ties

Iranian Minister of Petroleum Bijan Zangeneh and his South Korean counterpart signed a memorandum on enhanced oil and gas co-operation… Read More

8 years ago

India debuts free LPG scheme

The Indian government over the weekend launched the three-year Pradhan Mantri Ujjwala Yojana programme that will see it distribute free… Read More

8 years ago

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