US oil and gas giant Chesapeake Energy is eyeing the sale of up to 1 USD billion in assets in… Read More
Saudi Arabia will not follow deal brought forward by other major oil producers to freeze rising output, the country’s oil… Read More
China National Petroleum Corporation intends to join its competitors in the oilfield services sector, the chairman of the state-owned energy… Read More
Petrofac saw a massive fall in earnings due to the delayed Laggan-Tormore gas project on the Shetland Islands, the UK… Read More
Iran expects revenue of USD 10 billion-15 billion under the recent Iran Petroleum Contract system, the country’s deputy oil minister… Read More
The persistent oil price slump could result in 43% of the UK’s continental shelf (UKCS) fields operating at a loss,… Read More
Kazakh Economy Minister Yerbolat Dosayev downgraded Kazakhstan’s oil production forecast on Tuesday. In 2016, the country is expected to produce… Read More
Shell signed an agreement at the Bulgarian Council of Ministers to explore an offshore field in the Black Sea. Read More
Ghanaian opposition party New Patriotic Party (NNP) is being accused of using the 2015 deal with Italian oil and gas… Read More
The European Commission has paused its inquiry into the proposed USD 35-billion merger between oilfield services giants Halliburton and Baker… Read More
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