Latest news
Lukoil hopes to reach a deal on two Iranian oilfields in April
Russia’s second-largest oil producer Lukoil hopes to secure a deal to develop two oilfields in Iran in April.
read more... 28/02/2017
Exxon Mobil will extend lifetime of Norway's Sigyn field until end-2022
Norway's Petroleum Safety Authority has given approval to operator Exxon Mobil to prolong the lifetime of its Sigyn field offshore Norway until end-2022, the safety watchdog declared on Friday.
read more... 27/02/2017
Russian giant Rosneft to expand in Libya and Iraq
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017
Norwegian government would not give up its control in oil and gas firm Statoil
The Norwegian government said it will not cut its stake in oil and gas firm Statoil, as stated in parliament by oil and energy Minister Terje Soeviknes.
read more... 22/02/2017
Iran to ink oil deal to sell Russia 100,000 bpd
Iran is set to sign a deal to Moscow within the next 10 to 15 days to sell 100,000 barrels per day of oil to Russia, according to Iranian Minister of Petroleum Bijan Zangeneh.
read more... 22/02/2017