On August 1, the UAE is set to become the first country in the Gulf region to do away with… Read More
ExxonMobil’s profits more than halved during the second quarter of 2015 compared to the previous year, as the company’s fortunes… Read More
UK’s Arupa has joined a consortium of companies pushing the development of marginal fields by the oil and gas industry.… Read More
Pan American Energy has secured a $520-million loan from the International Finance Corporation (IFC), a member of the World Bank… Read More
BG Group booked a 63-percent rise in net profit for the second quarter of 2015, however this was mainly due… Read More
Inpex has been commissioned by the Japanese government to drill one exploratory well off the country’s southwest coast, the company… Read More
Negotiations between Russia and Turkey on the Turkish Stream pipeline project have been suspended, following disagreement over pricing and permit… Read More
ConocoPhillips posted a net loss of $179 million for the second quarter of 2015, less than analysts’ expectations. The US… Read More
The crisis affecting the oil and gas industry has reverberated into the shipping industry, with the world’s three biggest shipbuilders… Read More
Norway’s Subsea 7 has won a contract worth around $500 million from BP and Germany’s DEA for development work on… Read More
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