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Oil&Gas

Oil&Gas
2016, April, 8, 21:30:00

INDIA & SAUDI COOPERATION

Saudi Arabia is the largest supplier of crude oil to India, where oil demand grew by 5.7% last year and is expected by the International Energy Agency to increase 6.3% this year.

Oil&Gas
2016, April, 8, 21:15:00

POORLY CONCEIVED U.S.

Poorly conceived policies could restrict development of abundant domestic natural gas resources and deny the US energy security, economic, and geopolitical opportunities.

Oil&Gas
2016, April, 8, 20:50:00

CANADA INVESTMENT DOWN 62%

Total capital investment in the oil and natural gas sector is forecast to decline to $31 billion in 2016, down from a record $81 billion in 2014.

Oil&Gas
2016, April, 8, 20:40:00

SCHLUMBERGER & CAMERON MERGER

The transaction combines two complementary technology portfolios into a pore-to-pipeline products and services offering to the global oil and gas industry. The merger will create technology-driven growth by integrating Schlumberger reservoir and well technology with Cameron wellhead and surface equipment, flow control and processing technology. This will result in the industry’s first complete drilling and production systems, which are enabled by Schlumberger expertise in instrumentation, data processing, control software, and system integration.

Oil&Gas
2016, April, 5, 18:25:00

MEXICO'S RESERVES DOWN 21%

Mexico's proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said on Thursday, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.

Oil&Gas
2016, April, 5, 18:10:00

PETROBRAS CUTS 12,000 JOBS

Brazil’s troubled state-run oil company Petróleo Brasileiro SA on Friday announced a beefed up voluntary layoff program that could affect up to 12,000 jobs amid intense efforts to cut costs.

Oil&Gas
2016, April, 5, 18:05:00

KCA DEUTAG SOLD

Leading global drilling and engineering contractor, KCA Deutag, today announces that it has sold its jack-up drilling unit, the Ben Loyal to Egyptian headquartered Advanced Energy Systems A.D.E.S. SAE for an undisclosed sum.

Oil&Gas
2016, April, 5, 18:00:00

ЧИСТАЯ ПРИБЫЛЬ ЛУКОЙЛА НИЖЕ НА 26%

Добыча углеводородов Группой «ЛУКОЙЛ» за 2015г. составила 2,379 млн барр. н. э./сут, что на 2,8 % выше уровня  2014г. Добыча нефти* за 2015г. – 100,7 млн т., что на 3,6 % выше уровня 2014г.

Oil&Gas
2016, April, 3, 16:15:00

SAUDI FUND $2 TRILLION

The sale of Aramco, or Saudi Arabian Oil Co., is planned for 2018 or even a year earlier, according to the prince. The fund will then play a major role in the economy, investing at home and abroad. It would be big enough to buy Apple Inc., Google parent Alphabet Inc., Microsoft Corp. and Berkshire Hathaway Inc. -- the world’s four largest publicly traded companies.

Oil&Gas
2016, April, 3, 16:10:00

KUWAIT & SAUDI AGREE

Production at Khafji was halted in October 2014 because of environmental concerns. The 300,000-b/d field lies in the Saudi-Kuwaiti neutral zone. Kuwait Gulf Oil Co. and Saudi Aramco Gulf Operations Co. jointly operate it. Neither company commented on restart reports.

Oil&Gas
2016, April, 3, 16:05:00

SHELL & NIGERIA CORRUPTION

The international oil company said on Wednesday it was co-operating with officials from both the Netherlands and Italy as they investigate the $1.1bn deal, which Shell signed five years ago alongside Eni, the Italian oil company.

Oil&Gas
2016, April, 3, 15:55:00

BP & KUWAIT AGREEMENT

The framework agreement includes opportunities for joint investment in future oil and gas exploration, and possible oil and gas trading deals, including LNG.

Oil&Gas
2016, April, 3, 15:50:00

BP & AZERBAIJAN COOPERATION

But in order to extract those resources, BP has had to wage a battle to control inflated costs and root out fraud, internal documents and interviews with former employees of BP and its contractors show.

Oil&Gas
2016, April, 3, 15:45:00

U.S. RIGS DOWN 14

U.S. Rig Count is down 14 rigs from last week to 450, with oil rigs down 10 to 362, and gas rigs down 4 to 88. Canadian Rig Count is down 6 rigs from last week to 49, with oil rigs unchanged at 11, and gas rigs down 6 to 38.

Oil&Gas
2016, April, 2, 17:52:00

KOCH - ROCKEFELLERS OIL

NEO - The Koch Brothers emerged stronger than ever, along with a slew of smaller oil tycoons, who lack the kind of longstanding and entrenched influence wielded by the Rockefeller dynasty.

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