Oil and Gas • Energy • News & Markets

Maersk exits the energy segment for $658 mln
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Denmark - March 21, 2023

A.P. Moller-Maersk has signed an agreement with A.P. Moller Holding to divest the last of its energy-focused subsidiaries for…

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Netherlands plans world’s largest offshore hydrogen asset
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Netherlands - March 21, 2023

The Dutch government has detailed plans to construct a 500-MW green hydrogen facility in the North Sea, Reuters reported on…

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Nigeria - October 29, 2014

Royal Dutch Shell has confirmed the signing of sales agreements for four of its Nigerian onshore oilfields, OMLs 18, 24, 25 and 29 along with…

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Peru - October 27, 2014

Independent Maple Energy announced on Monday that it expected to conclude a pending deal to sell a controlling stake in its Peru units to Peruvian…

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India - October 22, 2014

On Saturday, Narendra Modi’s government lifted diesel price controls and increased natural gas prices in a move to reduce the subsidy burden and…

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Nigeria - October 22, 2014

On Monday, South Atlantic Petroleum (SAPetro) doubled its stake in UK-based exploration and production firm Afren to total almost 7.1 percent, stock…

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Abu Dhabi - October 22, 2014

The Abu Dhabi Marine Operating Company (ADMA-OPCO) announced first oil from its Umm Lulu offshore greenfield last week. The Umm Lulu Phase 1…

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