Latest news
Azerbaijan: The deal to extend oilfield to 2049 signed by BP-led partners and SOCAR
A deal has been signed between the Azerbaijan government, the State Oil Company of Azerbaijan (SOCAR) and BP-led partners for the Azeri, Chirag, and deepwater Gunashli field (ACG) in the Caspian Sea.
read more... 18/09/2017
Premier Oil: A stake in North Sea gas field for sale
The Premier Oil company intends to find a buyer for a half of its stake in the Babbage gas field, in the North Sea, pursuing the idea of reducing the debts accumulated at the time when the crisis hit the oil market.
read more... 15/09/2017
Iraq’s Majnoon oil field is of no interest to Shell
Shell wants to sell its share in Iraq’s Majnoon oil field after both parties failed to reach an agreement on future production plans and investment budgets, as stated by Reuters on Wednesday.
read more... 14/09/2017
Trafigura signals LNG business expansion in Pakistan
An LNG import terminal is likely to be opened by the commodities trader Trafigura in Pakistan to satisfy the higher demand for gas in the emerging economies.
read more... 13/09/2017
Chinese Energy Company buys from Qatar 14 % share in Rosneft
Chinese energy company is ready to pay around $9 billion for 14% share in Russian oil giant PAO Rosneft.
read more... 11/09/2017