Tuesday, February 20, 2018
BP at present confirmed key settlement between the governments of Mauritania and Senegal, which is able to allow the event of the BP-operated Tortue/Ahmeyim fuel venture to proceed to maneuver in direction of a ultimate funding resolution, has...
Workers on the BiFab marine engineering yards in Fife and Arnish on Lewis will probably be issued with redundancy notices on Tuesday, in line with union officers.Unite mentioned the transfer will give 45 days discover that the yards are...
Faroe Petroleum plc, the impartial oil and fuel firm focusing principally on exploration, appraisal and manufacturing alternatives in Norway and the UK, is happy to announce that it has executed a transaction with Suncor Energy Norge AS (Suncor) for...
BP as we speak introduced the beginning of fuel manufacturing from the Atoll Phase One mission, offshore Egypt. The mission, within the North Damietta concession within the East Nile Delta, was delivered seven months forward of schedule and 33%...
A consortium led by India’s Oil and Natural Gas Corp (ONGC) (ONGC.NS) has develop into the primary group to win a stake in Abu Dhabi National Oil Co’s (ADNOC) 40-year offshore oil concession, a deal set to assist the...
The oil prospectors of Oklahoma, it appeared, lastly had an answer to their earthquake drawback.Ordered by regulators to curb the wastewater they have been dumping deep into the bottom, they watched with satisfaction as tremors plunged to fewer than...
Texas oil and fuel producers obtained 1,166 drilling permits final month, a 21 % improve over year-ago ranges, the state power regulator stated on Friday, after filings surged on the again of upper crude costs.Nearly half of January’s permits...
Russian vitality firm Gazprom Neft mentioned it made a brand new discovery in a territory north of Kazakhstan mentioned to carry greater than 80 million barrels of reserves.The firm mentioned it found a brand new subject within the Orenburg...
Cyprus on Sunday accused the Turkish navy of obstructing a ship contracted by Italian oil firm Eni from approaching an space to probe for pure gasoline, highlighting tensions over offshore assets within the east Mediterranean.A spokesman for Eni stated...
With years of austerity of their rear-view mirrors, the world’s greatest oil firms are locked in a magnificence contest to lure traders with guarantees of progress and higher rewards.Royal Dutch Shell and Total are rising as frontrunners after a...
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