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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
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NewsOil news
April 16, 2019 admin

Arja Talakar named CEO of Siemens Oil & Gas

HOUSTON — Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be

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Oil CrisisOil news
April 16, 2019 admin

Oil’s facing odds of demand worsening before getting better

SINGAPORE (Bloomberg) — Oil’s march back toward a four-year high is now facing some roadblocks in the form of demand

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Exploration
April 16, 2019 admin

Premier Oil has made successful well test of Zama discovery

EDINBURGH — Premier notes the press release by Talos Energy, the operator of Block 7 offshore Mexico, announcing the successful

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Production
April 16, 2019 admin

ExxonMobil wins three blocks in Argentina offshore bid round

IRVING — ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of

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NewsOil news
April 16, 2019 admin

Turan Drilling & Engineering Wins $500 Million BP Contract in Azerbaijan

Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded

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Exploration
April 16, 2019 admin

Norway has not stopped drilling for Oil – And it May Never Lose its Fossil Fuel Addiction

The Norwegian Labour Party has joined what is now a clear parliamentary opposition to oil and gas exploration off the

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Market Price
April 16, 2019 admin

OPEC gambles with success of production cuts as $80 oil looms

LONDON (Bloomberg) — After managing to revive oil prices through production cutbacks, OPEC now risks squandering its victory again by

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Oil news
April 15, 2019 admin

Nigeria’s daily petrol supply hits 56m litres – PPPRA

The Petroleum Product Pricing Regulatory Agency has put the country’s daily supply of Premium Motor Spirit, otherwise known as petrol,

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Oil news
April 15, 2019 admin

Dangote refinery to absorb 2,000 engineers once operational

Group executive director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin  has disclosed that the coming

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Oil news
April 15, 2019 admin

Twelve Seas to buy U.A.E.’s Brooge Petroleum for $1 billion

CAIRO (Bloomberg) — Twelve Seas Investment Co. agreed to acquire Brooge Petroleum & Gas Investment Co. in a deal valued

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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