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.
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.
Royal Dutch Shell to sell $15B of assets, including some North Sea fields.
Looking to expand shale-based oil production outside of its home country of France, where the controversial process of hydraulic fracturing drilling is banned, Total announced it was purchasing a 40% stake in two U.K. oil exploration areas.