Wood Group wins automation contract in Kazakhstan

UK’s Wood Group has been awarded a contract to provide the main automation contractor (MAC) services to Tengizchevroil for the...

Pakistan Petroleum starts up gas facility

Pakistan Petroleum Ltd. has started operations at the company's second gas processing facility at Sharf X-1 well in Shahdadpur...

Gazprom Neft brings 4 news wells in the Arctic online

Gazpromneft Shelf, a subsidiary of Gazprom Neft, has brought 4 new wells online at the offshore Prirazlomnoye field located in the...

Nigerian workers blockade Niger Delta oil facility

Workers at the Chevron facility have blocked access to the site, refusing to work until their demands are met.

IEA sees oil demand slowing in 2017

In its latest monthly report the International Energy Agency (IEA) reduced its forecast for global demand for oil in 2017 by...

OMV sells stake in Rosebank to Suncor

Austria's OMV has sold its 30 per cent stake in the Chevron-operated Rosebank development in the UK North Sea to Canada's Suncor...

Inter Pipeline buys Williams Canadian business for $1.03bn

Calgary-based Inter Pipeline has agreed to buy US player Williams Canadian natural gas liquids business for around US$1.03 billion...

China could boost gas imports by 500 per cent

China currently imports around 53 billion cubic metres of gas per year, but could increase this figure to between 190 and 270...

BP secures loans for LNG plant in Indonesia

UK's BP and the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) signed a loan agreement worth US$3.74 billion with a...

Premier Oil makes a find in UK North Sea

London-listed company Premier Oil has made an oil discovery at the Bagpuss well in the Outer Moray Firth of the UK North Sea.