Oil prices climbed by around 1% on Thursday buyout by bullish equities markets and due to strong compliance on supply reductions from members of The Organization of the Petroleum Exporting Countries (OPEC) and partners like Russia.
read more... 30/03/2018
Polish Oil and Gas (PGNiG) and Pakistani gas producer Mari Petroleum (MPCL) have agreed on a memorandum of understanding (MOU) for bilateral cooperation in the upstream section within and outside of Pakistan.
read more... 20/03/2018
Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.
read more... 02/03/2018
BP started gas production from the Atoll Phase One project, offshore Egypt, company representatives announced.
read more... 13/02/2018
On December 31, 2017, Shell accomplished the sale of the first stage of its Hong Kong and Macau Liquefied Petroleum Gas (LPG) marketing business to DCC LPG, a major international sales, marketing and support services group.
read more... 04/01/2018