Oil and Gas • Energy • News & Markets

Nigeria to introduce crude trading on commodities exchange
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Nigeria - April 19, 2024

Up to 20% of Nigeria's crude will be traded on the Lagos commodities exchange under a new government plan.

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Perenco takes two Petrobras oilfields in Brazil
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Brazil - April 19, 2024

Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.

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Mexico - December 24, 2015

One person died and seven others were injured on Wednesday in a fire at a pipeline belonging to Mexico’s state-run oil company Pemex. The fire was…

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Israel - December 24, 2015

The Israeli government approved the sale of up to 5 bcm (177 bcf) of gas over seven years from the Tamar gasfield to Egypt. The sale is valued at…

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Mexico - December 24, 2015

Mexico’s state-owned Pemex awarded Dutch multinational Fugro a USD 20-million survey contract as part of its exploration drilling activities in…

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USA - December 24, 2015

The oil price rose more than 3% on Wednesday due to the surprise drop in American crude inventories, but gains were limited as global supplies…

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Ukraine - December 24, 2015

Canadian player Serinus announced an agreement on Wednesday to sell its assets in Ukraine. The company entered the country in 2010, raising gross…

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Azerbaijan - December 23, 2015

The Trans Adriatic Pipeline (TAP) consortium awarded two EPC contracts on Tuesday for work on the offshore section of the pipeline and the gas…

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