Swedish upstream company Lundin Petroleum has hit a significant hydrocarbons play in Norway's Barents Sea at the Alta discovery, based… Read More
Argentine energy company Compañia General de Combustibles (CGC) announced a discovery of a gas play in the Austral Basin in… Read More
Shell subsidiary Shell Malaysia has announced plans to streamline its upstream operations, including laying off 1,300 workers from its upstream… Read More
Norway state-owned oil corporation Statoil is finishing its 482-kilometre Polarled pipeline project about $423.18 million under budget, the company announced… Read More
US pipeline company Energy Transfer Equity announced its $37.7-billion acquisition of local competitor Williams. Read More
Brazilian majority state-owned petroleum company Petrobras has encountered significant light oil reserves in the offshore Carcara discovery in block BM-S-8… Read More
Indonesia's Trans Pacific Petrochemicals Indotama plant, once it comes back on line after October 8, will cut fuel imports by… Read More
Russia and the Ukraine have reached a supply agreement to bring gas to the EU. Read More
More than half of Iran's state revenue is coming from taxes over oil for the first time in fifty years. Read More
US independent oil and gas company Freeport-McMoRan hit significant net pay in their Horn Mountain Deep well in the Gulf… Read More
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