Oil & Gas Latest News

PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed an agreement that will see about US$400 Million invested in oil and gas development. The agreement was signed in the...
GLENCORE’S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in a €10.5bn swoop for 19.5% of Russian oil company, Rosneft. The Financial Times said the deal...
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) posted continued global success, celebrating a milestone year in its 19th edition, and realising ongoing industry acclaim from world oil and gas leaders. More than 8,500 delegates, 2,000 exhibiting companies, 700...
BP’s top boss said the oil major would double its North Sea production as he hailed the region as one of the company’s “crown jewels”. Bob Dudley sat down exclusively with Energy Voice in his first trip to Aberdeen since...
OPEC clinched a deal to curtail oil supply, confounding sceptics as the need to clear a record global crude glut -- and prove the group’s credibility -- brought its first cuts in eight years. Crude rose as much as...
Oil surged after OPEC was reported to have "agreed" the first supply cuts in eight years in an effort to ease a record glut and stabilise global markets. Futures jumped as much as 8.6 percent in New York. OPEC has...
Saudi Arabia faces deeper OPEC cuts after Iraq opts out of deal Saudi Arabia faces the prospect of much deeper — and financially painful — oil production cuts after Iraq joined the queue of group members seeking immunity from the...
ExxonMobil launches Mobil ServSM Lubricant Analysis in Middle East Oil & Gas sector Service helps to combat maintenance challenges associated with harsh and high-temperature environments Next generation used oil analysis program now easier and quicker to use Features...
  Combination creates a company with more than $32 billion in revenue General Electric Co. reached a deal to combine its oil-and-gas business with Baker Hughes Inc., creating a publicly traded energy powerhouse that would give GE a cost-effective way to play any...
This project is another step in Kazanorgsintez’ ongoing cracking furnaces replacement program and confirms the long-standing relationship between the two companies. In 2007 and 2015, Technip supplied SMK™ double-cell cracking furnaces to Kazanorgsintez with successful start-up and operation. This...

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