Results 47 articles shown
Mexico's Pemex Set to Announce Debt Management Deal
Wednesday, September 28, 2016 Mexican national oil company Pemex is about to execute a debt management deal in international markets to improve the firm's finances, Pemex Chief Financial Officer Juan Pablo Newman says.
MEO Australia Seeks Shareholder Approval to Rename Firm as Melbana Energy
Wednesday, September 28, 2016 MEO Australia seeks shareholder approval to rename the company Melbana Energy as its Cuba operations expand.
How Actual Nuts and Bolts Are Bringing Down Oil Prices
Wednesday, September 28, 2016 Standardized pipes and casings could hold the key to a pervasive mystery about today’s energy market: Why is everyone still drilling when prices are in the basement?
Petrofac Resumes Operations In Tunisia After Protester Deal
Wednesday, September 28, 2016 Petrofac resumes its operations in Tunisia after the government reaches a deal with protesters who had disrupted gas production for nine months.
China's Wison Completes Test of World's First NG Floating Liquefaction Unit
Wednesday, September 28, 2016 Wison Offshore & Marine successfully completes a performance test of the world's first natural gas floating liquefaction unit for EXMAR at its Nantong yard in China.
Trelleborg Appoints Unique Group as its Agent in India
Tuesday, September 27, 2016 Trelleborg appoints Unique Group as agent in India for its offshore solutions offerings.
Richard Dyson Appointed New CEO of IO Oil & Gas
Tuesday, September 27, 2016 Upstream consultancy company, io oil & gas consulting, appoints Richard Dyson as its new CEO.
Russia's Transneft Says Primorsk Port Closed Due To Fog
Tuesday, September 27, 2016 Russian Baltic Sea port of Primorsk was closed on Tuesday due to thick fog, Russian oil pipeline operator Transneft said.
Farstad Shipping Sells AHTS Lady Sandra
Tuesday, September 27, 2016 Norway's Farstad Shipping sells anchor handling tug supply (AHTS) vessel Lay Sandra.
Siemens Trims Job Cut Plans For Unit In Germany
Tuesday, September 27, 2016 Siemens agrees with labour representatives to cut 1,700 jobs in Germany, fewer than originally planned, as part of a restructuring process.
Neptune Marine Services Bags Quadrant's Contract for Work Off Australia
Tuesday, September 27, 2016 Neptune Marine Services bags inspection support services contract from Quadrant Energy for work offshore Australia.
Icahn Nominee Resigns From Chesapeake Board; Shares Tumble
Tuesday, September 27, 2016 Chesapeake says that two directors, including a representative of activist investor Carl Icahn, resigned, a week after Icahn more than halved his stake in the natural gas producer.
Fire At Azeri Oil Field Well Extinguished
Tuesday, September 27, 2016 A fire at Azerbaijan's Guneshli oil field was extinguished on Tuesday, the state energy company SOCAR said.
Baron Oil, SundaGas Form JV to Explore E&P Opportunities in Southeast Asia
Monday, September 26, 2016 Baron Oil enters into a joint venture with Singapore-based exploration and production company SundaGas to look into upstream opportunities in Southeast Asia.
Lamprell Secures Services Contract with Jacktel AS
Monday, September 26, 2016 Lamprell plc secures a new contract from Jacktel AS for the upgrade of the Haven mobile operating unit as an accommodation service vessel for Statoil's Johan Sverdrup field, offshore Norway.
TH Heavy Engineering, McDermott End Partnership in Malaysia
Monday, September 26, 2016 Malaysia's TH Heavy Engineering and McDermott end their three-year partnership for offshore oil and gas projects in the country.
Saudi Aramco Recruiting Steadily, Has Not Laid Off Staff
Monday, September 26, 2016 Saudi Aramco was "recruiting steadily" and hadn't laid off staff, Mohammed al-Qahtani, the oil giant's senior vice president of upstream said on Monday.
Swire Oilfield Services Appoints New CEO
Monday, September 26, 2016 Swire Oilfield Services, a supplier of cargo carrying units to the offshore energy industry, has appointed John Bruce Rae-Smith as its new CEO.
Aker Solutions Lets Employees Buy Company Shares
Monday, September 26, 2016 Oilfield services company Aker Solutions will, for the eighth consecutive year, offer employees in selected jurisdictions the opportunity to buy shares of the company.
Rice Energy to buy Vantage Energy for about $2.7B
Monday, September 26, 2016 Oil and gas producer Rice Energy Inc will buy Vantage Energy LLC and Vantage Energy II LLC for about $2.7 billion, including debt.
Tullow Oil Confirms Turret Bearing Cover
Friday, September 23, 2016 Tullow Oil plc states that hull and machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers, following the failure of the turret bearing earlier this year.
Valmec Clinches Supply, Construction Contracts in Australia's East Coast
Friday, September 23, 2016 Valmec clinches supply and construction contracts with 2 gas producers in the east coast of Australia.
Polarcus to Conduct European 3D Seismic Acquisition
Friday, September 23, 2016 Polarcus Limited receives a letter of intent to conduct a 3D marine seismic acquisition in Europe, utilizing its XArray multiple source acquisition method.
Sound Renegotiates Sidi Moktar Acquisition Agreement with PetroMaroc
Friday, September 23, 2016 Sound Energy renegotiates a deal with PetroMaroc Corporation plc for the acquisition of a 50% operated interest in three onshore gas permits located in Morocco.
Singapore's Marco Polo Marine Flags Doubt On Continuing As A Going Concern
Thursday, September 22, 2016 Marine logistics firm Marco Polo says it has substantial doubt about being able to continue as a going concern due to a cash crunch, as it sought noteholders' approval to defer redeeming bonds worth $37 million by three years.
Lamprell Expects Challenging Environment to Continue Through 2017
Thursday, September 22, 2016 Middle East-based rig maker Lamprell plc expects the challenging environment, which is impacting the industry through project delays and cancellations, to continue through 2017.
Saipem Secures Drilling Contracts in Middle East, South America Worth $430M
Thursday, September 22, 2016 Saipem has been awarded new contracts, and extensions to existing contracts, in the Middle East and South American onshore drilling sectors worth $430 million.
Danish Transport Giant Maersk To Spin Off Energy Operations
Thursday, September 22, 2016 Rocked by low freight and oil prices, Denmark's A.P. Moller-Maersk will split into separate transport and energy divisions under a keenly-anticipated revamp announced on Thursday.
Union Jack Oil Raises Cash to Fund Onshore UK Acquisitions
Thursday, September 22, 2016 Union Jack Oil plc raises $900,000 through a placing of 411,764,706 new ordinary shares of $0.03 at a price of $0.22 per placing share.
UK Subsea Companies Head to Mexico on Showcase Mission
Wednesday, September 21, 2016 UK subsea companies will be heading to Mexico City, from September 26-29, on a showcase trade mission to increase business and trade opportunities in Latin America's most promising energy hubs.
Government To Fund 40% Cost Of East India Gas Pipeline Project
Wednesday, September 21, 2016 The Indian government will partly fund a pipeline project linking 5 eastern states, the first such move by the country as it aims to gradually move to a gas-based economy.
RGU Secures Funding to Create Indian Oil, Gas Training Framework
Wednesday, September 21, 2016 Robert Gordon University receives funding from the UK Government to establish a sustainable training framework for the Indian energy sector.
Farstad Consolidates Australian Ops in Perth, Cuts 35 Jobs
Wednesday, September 21, 2016 Norway's Farstad Shipping consolidates Australian operations in Perth, leading to a loss of 35 jobs.
Engie To Hang On To LNG, Selling Coal And Oil
Wednesday, September 21, 2016 Engie is not considering selling its liquefied natural gas (LNG) activities but confirmed it will exit burning coal and producing oil, Chief Executive Isabelle Kocher told Reuters on Wednesday.
MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block
Tuesday, September 20, 2016 MedcoEnergi inks agreement to acquire ConocoPhillips' stake in the South Natuna Sea Block B Production Sharing Contract (PSC) offshore Indonesia.
MacGregor Wins Equipment Supply Deal for ME-Bound OSVs Being Built in China
Tuesday, September 20, 2016 MacGregor secures equipment package contracts for offshore support vessels (OSVs), now under construction in China, for a Middle Eastern firm.
Saudi Aramco Says Fire Out At Ras Tanura, 8 Injured
Tuesday, September 20, 2016 Saudi Arabia's Aramco said on Tuesday it had put out a fire at its Ras Tanura terminal where eight individuals were injured including two Aramco employees.
Ukraine Reverses Naftogaz Move After Creditor Criticism
Tuesday, September 20, 2016 Ukraine cancels a decision to transfer control of the gas transport arm of state energy firm Naftogaz to the economy ministry.
Technip Says Awarded ENOC Refinery Expansion Contract
Monday, September 19, 2016 Technip has been awarded an engineering procurement and construction contract by Emirates National Oil Company (ENOC) that plans to expand its Jebel Ali refinery by 50%.
Santos Names Roc Oil CEO Anthony Neilson as CFO to Replace Andrew Seaton
Monday, September 19, 2016 Santos names Anthony Neilson as chief financial officer, replacing Andrew Seaton, who has announced his retirement.
Engie To Cut 1,150 French Jobs, LNG Unit Making Losses
Monday, September 19, 2016 Engie plans to cut about 1,150 jobs in various support functions and the firm's Liquefied Natural Gas (LNG) business is set to book a full-year loss after making losses in the first half.
Bumi Armada to Pay $85M in Reimbursement, Liquidated Damages for FPSO
Friday, September 16, 2016 Malaysia's Bumi Armada to pay $85 million in reimbursement and liquidated damages for delay in delivery of FPSO (floating production storage and offloading) Kraken.
BlackPearl Wants Partner For Newly Approved Canada Oil Sands Project
Friday, September 16, 2016 BlackPearl Resources is looking for a partner to develop its 80,000-barrel-per-day Blackrod oil sands project in northern Alberta, the company's chief executive told Reuters.
Airswift, PCSI Align to Reduce Risks Surrounding Canadian Contractors
Thursday, September 15, 2016 Two companies align to help reduce the financial risks associated with dependent contractors in Canada.
EnQuest, Delek Group End Kraken Oilfield Stake Sale Talks
Thursday, September 15, 2016 Oil producer EnQuest plc ends talks with Israeli conglomerate Delek Group Ltd regarding a potential stake sale in an oilfield in the North Sea.
GE O&G Confirms Deal to Supply Gas Compressors for Tangguh LNG Project
Thursday, September 15, 2016 GE Oil & Gas confirms deal to supply gas compressors to BP for the Tangguh liquefied natural gas (LNG) expansion project in Papua Barat, Indonesia.
Gazprom Wants More Than 25% Of OMV North Sea Assets
Thursday, September 15, 2016 Gazprom wants more than 25% of OMV's Norwegian North Sea holding company but is being prevented from taking a larger stake by Norway, the Russian company's deputy told Reuters.
|Brent Crude Oil :||$48.69/BBL||5.91%|
|Light Crude Oil :||$47.05/BBL||5.32%|
|Natural Gas :||$2.952/MMBtu||1.60%|
|Updated in last 24 hours|