From the field

Itochu sells US shale stake for $1

Japanese trading house Itochu has sold its billion-dollar stake in US shale company Samson Resources for $1. Read More

9 years ago

Landmark UK fracking decision imminent

A UK county council will decide today whether to grant the country’s first shale development permit since a moratorium was… Read More

9 years ago

Russia caps Saudis in China oil market

Russia has become the top supplier of crude oil to China, edging out longtime market leader Saudi Arabia. Read More

9 years ago

Kuwait’s Al Zour refinery faces delay

The startup of Kuwait's Al Zour crude oil refinery, planned for late 2018 or early 2019, faces a delay due… Read More

9 years ago

Groningen production to see new cap

Europe’s largest gasfield is set to see a production cap that would reduce output by 3 bcm (106 bcf) in the… Read More

9 years ago

Mexico to invest $10 billion in power

Mexico’s national electricity company has announced an almost $10-billion investment in the country’s power sector. Read More

9 years ago

Nigeria to monitor pipelines with drones

The Nigeria Security and Civil Defence Corps (NSCDC) will deploy 500 drones and aircraft to monitor pipelines and other oil… Read More

9 years ago

OneSubsea, FMC win Shah Deniz contracts

Two new contracts have been awarded for the Shah Deniz 2 project offshore Azerbaijan. Read More

9 years ago

Carlyle pledges up to $500 mln for Magna

Carlyle Group plans to invest up to $500 million in Magna Energy, an India-focused exploration and production company established in… Read More

9 years ago

Bank says Qatari gas to last 138 years

The Qatar National Bank has said the country can maintain its current level of gas production for 138 years. Read More

9 years ago

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