Linde establishes a joint venture with Petronas

Linde has established a joint venture with Petronas that will invest US$167 million (EUR 150 million) to build a new industrial...

Tullow finds oil and gas off Norway

Tullow Oil has announced that it has completed drilling at the Cara prospect in the Norwegian North Sea and found oil and gas.

GE Oil & Gas awarded BP deal for Tangguh LNG train

GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third natural gas liquefaction train for...

QP looks to enter Mozambique’s gas sector

It is believed that QP is interested in acreage in the country’s Area 4, which is one of the largest natural gas discoveries in...

Global energy investment down 8% in 2015: IEA

In a new report the International Energy Agency (IEA) showed that the global energy investment fell by 8 per cent in 2015, with a...

Russian production levels to edge up in Q4 2016

Lukoil is set to bring its Pyakyakhinskoye oilfield online later this year, which could account for an additional 100,000 tonnes...

Apache makes big US play find

US independent player Apache Corp has made a significant new resource play in the southern portion of the Delaware Basin, with an...

Shell starts up production at Stones development

Oil giant Shell has started production at the Stones deepwater oil and gas project in the Gulf of Mexico.

Total, Tullow Oil and CNOOC win oil licences in Uganda

Uganda has proven reserves of around 6.5 billion barrels and has set itself the target of beginning large scale production by...

Russian president backs output freeze deal

Putin has also suggested that a special deal should be struck with Iran to enable the Islamic Republic to freeze its production...