Azerbaijan’s oil production is forecast at 870,000 bopd in 2016, dropping to 860,000 bopd the following year, the US Energy… Read More
Kuwait plans to raise crude oil production by 150,000 bpd in Q3, a Kuwaiti official said on Tuesday Read More
WPX Energy will sell its WPX Energy Rocky Mountain subsidiary to US oilfield operator Terra Energy for USD 910 million,… Read More
Iran and Italy signed a memorandum of understanding (MoU) to invest jointly in the construction of a factory to produce… Read More
Turnover growth for the top 100 global hydrocarbons companies will decline from an estimated 18 Read More
Polarcus is recording non-cash impairments of USD 242 million after devaluing its fleet in a revamp of its Q4 2015… Read More
Pemex CEO Emilio Lozoya Austin stepped down late on Monday, a victim of 12 straight quarterly losses, declining output for… Read More
Chesapeake Energy’s shares dropped 40% today to USD 1.83 at 9.45 am in New York, the lowest level since January… Read More
Oilfield services major Aker Solutions of Norway has signed a five-year agreement with compatriots Frontica for staffing, IT and business… Read More
Diamond Offshore signed a contractual service agreement with GE Oil & Gas, allowing the hydrocarbons wing of GE company to… Read More
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