From the field

Plagued Chesapeake Energy to sell assets

US oil and gas giant Chesapeake Energy is eyeing the sale of up to 1 USD billion in assets in… Read More

8 years ago

Saudi to deny output freeze

Saudi Arabia will not follow deal brought forward by other major oil producers to freeze rising output, the country’s oil… Read More

8 years ago

CNPC to spin-off in oilfield services

China National Petroleum Corporation intends to join its competitors in the oilfield services sector, the chairman of the state-owned energy… Read More

8 years ago

Petrofac sees losses due to Laggan-Tormore

Petrofac saw a massive fall in earnings due to the delayed Laggan-Tormore gas project on the Shetland Islands, the UK… Read More

8 years ago

Iran continues to shake energy market

Iran expects revenue of USD 10 billion-15 billion under the recent Iran Petroleum Contract system, the country’s deputy oil minister… Read More

8 years ago

UK trade body sounds alarm on North Sea

The persistent oil price slump could result in 43% of the UK’s continental shelf (UKCS) fields operating at a loss,… Read More

8 years ago

Kazakhstan lowers output and growth forecasts

Kazakh Economy Minister Yerbolat Dosayev downgraded Kazakhstan’s oil production forecast on Tuesday. In 2016, the country is expected to produce… Read More

8 years ago

Bulgaria ramps up its energy portfolio

Shell signed an agreement at the Bulgarian Council of Ministers to explore an offshore field in the Black Sea. Read More

8 years ago

Ghana gov’t: opposition wrong on Eni deal

Ghanaian opposition party New Patriotic Party (NNP) is being accused of using the 2015 deal with Italian oil and gas… Read More

8 years ago

EU commission delays Halliburton merger

The European Commission has paused its inquiry into the proposed USD 35-billion merger between oilfield services giants Halliburton and Baker… Read More

8 years ago

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