Oil and Gas • Energy • News & Markets

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

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

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NEWS
Vietnam - November 18, 2015

London-headquartered international oil company Soco’s stocks plunged 17 percent on Wednesday after the announcement that its production wells in…

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NEWS
USA - November 18, 2015

Oil prices briefly increased on Wednesday on reports of falling reserves and increased refinery activity, although the market will remain depressed…

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NEWS
USA - November 18, 2015

US Federal Trade Commission (FTC) approved the $14.8-billion merger between Schlumberger and equipment manufacturer Cameron. The merger will enable…

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NEWS
Denmark - November 18, 2015

Maersk Oil announced lookout for new leases, fields or a corporate buy-out as it seeks to consolidate its position in the market during the low oil…

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Mexico - November 17, 2015

Mexico has submitted an official statement of interest in becoming an International Energy Agency (IEA) member. This is one of the country’s…

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NEWS
USA - November 17, 2015

Norwegian company Statoil is exiting its Alaskan operations and will close its Anchorage office, citing weak exploration results and lack of…

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Neri ASKLAND
INTERVIEW
Abu Dhabi - November 17, 2015

The UAE is seeking to increase natural gas production and reduce dependence on imports. Statoil’s Middle East vice-president Neri Askland…

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NEWS
Australia - November 17, 2015

Drilling activity in the Great Australian Bight was postponed further after the country’s National Offshore Petroleum Safety and Environmental…

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