From the field

Chevron, Huadian ink LNG contract

Chevron has signed a long-term agreement with state-owned China Huadian Green Energy to sell LNG the super-major produces from its… Read More

8 years ago

LNG shipping sector braces for downturn

The LNG shipping sector is likely to face consolidation and asset sales in the coming years as plunging freight rates… Read More

8 years ago

Sound to connect Italy gas field to export pipeline

UK company Sound Energy announced that it has started work on connecting its onshore Nervesa gas well to Italy’s national… Read More

8 years ago

Oil price hits 11-year low

Brent crude fell to an 11-year low on Monday on concerns of a continued rise in world oil supply Read More

8 years ago

Shell, BG deal gets board approval

The boards of Shell and BG unanimously approved the merger of the two companies, taking another step towards the USD… Read More

8 years ago

Wintershall obtains Barents Sea licence

The Norwegian Petroleum Directorate gave German exploration company Wintershall permission to drill a wildcat well in the Barents Sea. The… Read More

8 years ago

US oil export ban lifted

US President Barack Obama signed a spending bill on Friday that will lift the 40-year ban on crude oil exports Read More

8 years ago

Petrobras, SBM officials charged with bribery

Brazilian prosecutors charged 12 people with bribery on Thursday for involvement in a scheme at state-run Petrobras and Dutch oil… Read More

8 years ago

New Gulf Resources files for bankruptcy

Oklahoma energy firm New Gulf Resources filed for Chapter 11 bankruptcy protection on Thursday. The company’s creditors agreed to offer… Read More

8 years ago

Indian state oil company to buy stake in Rosneft project

Indian Oil Company and Oil India are in talks with Russian exploration company Rosneft to buy a 29% stake in… Read More

8 years ago

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