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Statoil has been awarded licences in Mexico’s deepwater round

Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.

read more... 07/12/2016

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BP gives the go-ahead for the $9bn Mad Dog 2 oil project in the Gulf of Mexico

BP has given the go-ahead for the $9bn Mad Dog 2 oil project in the US Gulf of Mexico despite a slump in oil prices.

read more... 02/12/2016

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Centrica decided to vend Trinidad and Tobago gas assets to Shell

British utility Centrica declared on Wednesday it has settled to vend its gas assets in Trindad and Tobago for $30 million to Royal Dutch Shell.

read more... 01/12/2016

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Maersk, Dong Energy mull $10 bln oil merger

Danish companies Maersk and Dong Energy envisage a $10 billion merger of their oil and gas operations to shore up their defenses against low oil prices.

read more... 29/11/2016

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Lundin Petroleum makes more oil, gas discoveries in Barents Sea

Swedish energy company Lundin Petroleum said on Tuesday it discovered more oil and gas reserves at an existing field in the Norwegian Barents Sea.

read more... 23/11/2016

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