From the field

Shell declares force majeure on Nigerian pipeline

A pipeline leak in Nigeria has caused Shell to declare force majeure on gas supplies, a company spokesperson said Thursday. Read More

9 years ago

Shell and ExxonMobil sell North Sea assets

Malaysian oil companies Hibiscus Petroleum and Ping Petroleum have agreed to purchase North Sea assets from Shell and ExxonMobil for… Read More

9 years ago

ExxonMobil increases Permian Basin acreage

ExxonMobil has landed an acquisition and farm-in for horizontal development rights in the Midland sub-basin covering about 190 square kilometres,… Read More

9 years ago

Apache $5.6 billion loss in second quarter

Apache recorded a $5.6-billion loss in its second-quarter results, the US oil and gas independent announced on Thursday. This compares… Read More

9 years ago

Turkey to heighten security on energy supplies

After a string of attacks by Kurdistan Workers’ Party (PKK) militants on oil and gas pipelines in Turkey, the government… Read More

9 years ago

Marathon Oil to sell non-core assets

Houston-based independent US Marathon Oil has decided to sell off its non-core assets after releasing its second-quarter results on Wednesday.… Read More

9 years ago

Sound clinches Shell deal in Italy

Sound Oil and Shell have signed a gas sales agreement for Italy’s Casa Tonetto concession, according to a Thursday statement… Read More

9 years ago

NextEra acquires NET for $2.1 billion

NextEra Energy will acquire natural gas pipeline and marketing company NET Midstream for $2.1 billion, according to a statement the… Read More

9 years ago

Plains spill worse than estimated

Plains All American Pipeline may have spilled up to 3,400 barrels of crude oil, nearly 1,000 more barrels than previous… Read More

9 years ago

Indonesia to offer 11 oil and gas blocks

Indonesia’s government will offer 11 new oil and gas blocks to investors in a tender this month, the country’s Ministry… Read More

9 years ago

This website uses cookies.