January 2014

National Oilwell Varco Announces Fourth Quarter and Full Year 2013 Earnings.

The Organisation for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) are forecasting steady global economic growth at 3.6%.

China Petrochemical Corp., Asia’s biggest refiner, made a “strategic breakthrough” in shale gas exploration in southwest China’s Sichuan province.

BAKER HUGHES showed Fourth Quarter and Full Year 2013 results.

Gazprom on Wednesday proposed signing a major China gas export deal in May, as industry sources indicated that the Russian gas giant may offer a lower price in return for billions of dollars in upfront payments.

Oil and gas production in northern Norwegian fields dropped significantly in the course of 2013.

Gazpromneft-Khantos, a subsidiary of Gazprom Neft, produced a record high 13.7mn tons of oil last year, 7.5% more than in 2012 and 0.67mn tons more than expected.

SCHLUMBERGER published Fourth Quarter and Full Year 2013 results.

Russian gas deliveries to Europe grow 16.3% in 2013

Royal Dutch Shell to sell $15B of assets, including some North Sea fields.