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Gazprom Neft Undertakes 20-Stage Fracking Operations First Ever in Yamal Peninsula
Russia >> 3/14/2017 - Gazpromneft-Yamal, a subsidiary of Gazprom Neft, has successfully completed 20-stage hydraulic fracking operations at its Novoportovskoye field, using “non-ball and socket” (Mongoose) technology — a m...
Talks with the Minister of Energy & Mines of Peru
Talks with the Minister of Energy & Mines of Peru Egypt >> 3/8/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met with Gonzalo Francisco Flores, Peruvian Minister of Energy & Mines to discuss the possibilities of exchanging information and exper...
DNV GL Connects the Oil & Gas Industry with a New Data Platform
Norway >> 2/9/2017 - The oil and gas industry is increasingly recognizing the need to overcome data quality issues and manage ownership, control, sharing and the use of data. As a trusted third party, DNV GL is now launch...
Iran Recovering 115,000b/d from Yadavaran Joint Oilfield
Iran >> 2/1/2017 - Iran is currently recovering 115,000 barrels of crude oil from Yadavaran oilfield which it shares with neighboring Iraq, operator of the field said. ...
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 ...
NNPC Proposes Changes to Increase Deepwater Oil Revenues
Nigeria >> 1/13/2017 - Nigeria's state oil company has proposed legal amendments aimed at enabling the government to increase royalties and other revenues from deepwater oil production. OPEC member Nigeria has been hit hard...
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...
NNPC Proposes Increase in Oil Royalty
Nigeria >> 1/12/2017 - The Nigerian National Petroleum Corporation, NNPC, proposed some key amendments to the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act to enable the Federal Government optimize th...
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...

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