Latest news
Oil and gas sector anticipates an increase of the M&A by 50%
The global oil and gas industry anticipates mergers and acquisitions (M&A) to raise by 50% year-on-year.
read more... 31/05/2016
China's CNPC might think about increasing Rosneft stake
China National Petroleum Corporation (CNPC) could think about raising its stake in Russian state oil company Rosneft during a scheduled privatisation program, as stated by its chairman on Monday.
read more... 31/05/2016
Norway awards new offshore drilling licenses in Barents Sea for the first time in 2 decades
Norway’s government awarded on Wednesday 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untapped waters near the Russian border.
read more... 19/05/2016
French oil company Total to acquire battery manufacturer Saft
French oil firm Total intends to acquire battery maker Saft, extending its push into new energy technologies, as stated by the companies.
read more... 10/05/2016
India and Iran will clear $6.4 billion oil payments through European banks
The central banks of India and Iran have apparently decided to use European Banks to clear oil payments to Tehran. They are valued at $6.4 billion (£4.4bn), according to Indian Oil Minister Dharmendra Pradhan.
read more... 09/05/2016