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Equatorial Guinea Applies to Join OPEC
Equatorial Guinea >> 1/23/2017 - Equatorial Guinea has now applied to join the Organization of the Petroleum Exporting Countries, an OPEC source familiar with the matter said, which would bring the oil producer group's membership to ...
LGO Provides Update on Production Operations at Ayoluengo Field
Spain >> 1/13/2017 - LGO provides an update on its Spanish oil production operations at the Ayoluengo Oilfield in the 100% held La Lora Concession (Concession) in northern Spain, which are operated by its wholly owned sub...
NISOC in Talks with Foreign Companies Based on New Contract Model
Iran >> 12/20/2016 - Managing Director of the National Iranian South Oil Company (NISOC) Bijan Alipour says his company is in talks with BP, Argentine Oil Company, China National Petroleum Corporation (CNPC), and China's ...
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field Egypt >> 12/7/2016 - Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, received the Kuwaiti Ambassador to Egypt, Mohammed Saleh Al Thuwaikh where they reviewed joint cooperation domains between the two...
CLNR Announces Increase in Southern North Sea P50 Prospective Resources
United Kingdom >> 12/1/2016 - Cluff Natural Resources (CLNR), the natural resources investing company, has announced a significant increase in P50 Prospective Resources on its 100% owned Licence P2252 from 162 BCF to 636 BCF follo...
Denmark Ambassador Astonished by South Pars Progress
Iran >> 11/27/2016 - “I am surprised with progresse in South Pars”, the ambassador of Denmark stated after visiting the developing projects of South Pars. ...
Parliament & Admin Back New Model of NISOC Oil Deals
Iran >> 11/27/2016 - Head of the Parliament's Energy Committee Fereidoun Hasanvand said the administration and the parliament have endorsed the new framework of oil contracts devised by the Iranian Ministry of Petroleum. ...
Indonesia Welcomes Iran Participation in Its Infrastructure Projects
Indonesia >> 11/25/2016 - Indonesian Energy and Mineral Resources Minister Ignasius Jonan on Friday welcomed participation of Iranian companies in its infrastructure projects. ...
Lukoil Puts in Operation a New Power Facility in Komi
Russia >> 11/25/2016 - LUKOIL has put in operation the first stage of the power generation facility at the Usinskoye field in the Republic of Komi. The startup ceremony was attended by President of LUKOIL Vagit Alekperov an...
Shell to invest $10B in Oil Industry in Brazil
Brazil >> 11/11/2016 - Royal Dutch Shell Plc (RDSa.L) will invest $10 billion (8 billion pounds) in Brazil over five years now that the country has increased opportunities for foreign companies in its oil industry, its chie...
Petrobras Approved Committee of Minority Shareholders
Brazil >> 10/24/2016 - Petrobras Board of Directors (CA) approved the creation of a committee of minority shareholders to monitor the process of revision of the Transfer Agreement. ...
Brazil to Ease Requirements in Oil & Gas Auctions
Brazil >> 10/17/2016 - Brazil will stop favoring companies that offer to purchase a larger amount of local goods and services when selecting winners in oil and gas rights auctions, newspaper Valor Economico reported. ...
PDO Awards $330 million Contracts to Omani Firms
PDO Awards $330 million Contracts to Omani Firms Oman >> 10/12/2016 - Petroleum Development Oman (PDO) has awarded three key contracts valued at $330 million to Omani businesses for work in the north of its operations. The Company said the agreements were further eviden...
Tunisia Reaches Deal with Petrofac Protesters
Tunisia >> 9/24/2016 - Tunisia has reached a deal with protesters who have disrupted gas production by Petrofac for months, the government said on Friday, part of an effort to stop the British energy firm closing its busine...
Rag Sefid Desalination Unit on Verge of Commissioning
Iran >> 9/17/2016 - By launching Rag Sefid #1 desalination unit, desalting capacity for Rag Sefid and Ramshir oilfields will be twice the current amount, announced NISOC Managing Director. ...
Western Countries Concerned by Tension around Zueitina Terminal
Libya >> 8/10/2016 - Western countries including the United States, France and Britain said in a joint statement they were concerned by mounting tension around the Zueitina oil terminal in Libya. ...
Protesters Block Entrance to Chevron Facility in Nigeria's Delta
Nigeria >> 8/10/2016 - Nigerian protesters blocked the entrance to a Chevron oil facility in the restive Niger Delta demanding jobs and housing, a protest leader said. ...
Sterling Issues Surrender Notice for Ntem
Cameroon >> 8/5/2016 - Sterling Energy plc, the AIM listed oil and gas exploration company, announces that its wholly owned subsidiary Sterling Cameroon Limited has issued a notice of surrender in relation to the Ntem Conce...
Terms of New Oil Contract Approved
Iran >> 8/4/2016 - The Iranian administration approved the revised version of a new model of upstream oil and gas contract, known as Iran Petroleum Contract (IPC), on Wednesday. ...
40 Ships Transit Suez Canal
40 Ships Transit Suez Canal Egypt >> 8/2/2016 - Forty ships transited the Suez Canal with a total cargo of 2.3 million tons. ...

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