Statoil, the Norwegian multinational oil and gas company, announced that it plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to last year. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).
read more... 05/01/2017
Russian oil giant Rosneft and its shareholder BP unveiled the completion of the deal to dissolve the refining and petrochemical Joint Venture Ruhr Oel GmbH (ROG) in Germany with effect from January 1, 2017.
read more... 30/12/2016
Azerbaijan’s energy major SOCAR and BP-operated Azerbaijan International Operating Company (AIOC) signed a deal to extend the development the Azeri biggest fields by a quarter of century to 2050.
read more... 26/12/2016
French energy giant Total has agreed to acquire certain upstream and downstream interests of Petrobras in Brazil in a deal worth US$2.2 billion.
read more... 23/12/2016
Russia has sold a 19.5% stake in state-controlled oil major Rosneft to a consortium of Glencore and Qatar Investment Authority sovereign-wealth fund for €10.2bn ($11bn).
read more... 08/12/2016