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Oil & Gas Companies News

Name Change is Expected to be Adopted 15 May 2018
Norway >> 5/14/2018 - The annual general meeting (AGM) in Statoil ASA (OSE: STL, NYSE:STO) will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA. ...
Statoil Name Change to Equinor Expected to be Adopted 15 May 2018
Norway >> 5/14/2018 - On15 May 2018, the annual general meeting (AGM) in Statoil ASA will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA. ...
British Firm Cuts MoU with IOTC
Iran >> 5/9/2018 - UK-based Dunlop Oil & Marine Ltd. signed an outline agreement with the Iranian Oil Terminals Company (IOTC) one day after US announced it would withdraw from Iran’s nuclear deal.
Iran Petchem Firm & Siemens Sign MOU to Broaden Cooperation
Iran >> 5/8/2018 - Iran's Persian Gulf Petrochemical Industries Company (PGPIC) and Germany's Siemens have signed a letter of intent to broaden their cooperation. The memorandum was signed on Tuesday on the venue of the...
World Bank’s GGFR Partnership Hopes to Learn From & Share Azerbaijan’s Experience
Azerbaijan >> 5/7/2018 - The World Bank, Global Gas Flaring Reduction Partnership (GGFR) held its annual meeting in Azerbaijan for the first time on May 7-8, 2018. The meeting coincided with the 10th anniversary of the cooper...
Azerbaijan Energy Minister Visits MAPNA Group
Azerbaijan >> 5/7/2018 - Minister of Energy of the Republic of Azerbaijan Parviz Shahbazov visited MAPNA Group factories in the outskirts of Tehran on Sunday. ...
Total Enters into Agreement for the Proposed Acquisition of Direct Energie
France >> 4/18/2018 - Total has entered into an agreement with the controlling shareholders of Direct Energie1 for the proposed acquisition of 74.33% of its share capital2, at a price of €42 per share, ex-dividend of €0.35...
ONGC Files Arbitration Claim Against Sudan over Unpaid Oil Dues
Sudan >> 4/17/2018 - The foreign acquisition unit of India’s Oil and Natural Gas Corp’s (ONGC) has filed an arbitration claim against the government of Sudan in a London court, a company official said, seeking to recover ...
Petrovietnam Says S. China Sea Tension To Hurt Offshore Operations
China >> 4/3/2018 - Tension in the South China Sea will hurt PetroVietnam's offshore exploration and exploitation activities this year, the state-run oil and gas group said on Tuesday, weeks after the Southeast Asian nat...
Shell Targets Former Senior Executive in Nigeria Graft Complaint
Nigeria >> 3/28/2018 - Royal Dutch Shell (RDSa.L) has filed a criminal complaint against a former senior employee over suspected bribes in the 2011 sale of an oilfield in Nigeria, where the company is already under investig...
Hat-trick of Major Topsides Decommissioning Awards worth £10M Sees PD&MS as UKCS Market Leader
United Kingdom >> 3/21/2018 - PD&MS Group has secured a trio of contracts worth more than £10 million across three major North Sea late-life projects in the last six months, making the firm the UKCS market leader in the area of en...
EnerMech Subsidiary MInteg Makes Inroads to Australian LNG, Oil & Gas Sectors
Australia >> 3/21/2018 - Maintenance, inspection and integrity specialist and EnerMech subsidiary, MInteg, has opened its first international base as it targets growth in new geographic markets. ...
Statoil to Change Name to Equinor
Norway >> 3/15/2018 - The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and development as a broad energy company. ...
BP & SOCAR’s Baku Higher Oil School launch
Azerbaijan >> 3/9/2018 - SOCAR’s Baku Higher Oil School and BP launched the “Business education for engineers” course which will be funded by BP in support of education and development of national engineers in Azerbaijan. The...
India's Essar Oil Retail Network Expand 20%
Russia >> 3/6/2018 - Essar Oil Limited (EOL) owned by the Consortium of International Investors led by Rosneft, since March 2017 to date has expanded the retail network Essar-branded fuel stations by 20% reaching 4,200. ...
TATNEFT & Konica Minolta Signed a Memorandum of Intent
Russia >> 3/5/2018 - TATNEFT and Konica Minolta in Russia signed a Memorandum of Intent, which formalized the interaction areas between companies. ...
PJSC Lukoil President Met Prime Minister of Iraq
Iraq >> 3/5/2018 - Prime Minister of Iraq Haider Al Abadi held a meeting with PJSC LUKOIL President Vagit Alekperov in Baghdad. It was also attended by the Ambassador Extraordinary and Plenipotentiary of the Russian Fed...
Egyptian & Libyan Group to Coordinate Oil Cooperation
Egyptian & Libyan Group to Coordinate Oil Cooperation Egypt >> 3/2/2018 - Egypt and Libya agreed to form a joint action group to coordinate cooperation in the field of petroleum. The group, to be co-chaired by Egyptian Undersecretary for Petroleum Mohamed Saafan and Libya’s...
NIDC & TATNEFT Examine Cooperation Grounds
Iran >> 2/28/2018 - The National Iranian Drilling Company (NIDC) and Russia's Tatneft held a meeting to discuss cooperation fields in oil and gas projects. ...
Baldor Electric Company is Now ABB
Swaziland >> 2/27/2018 - ABB will integrate the Baldor Electric Company name into its global ABB brand as a part of its Next Level strategy, which includes harmonizing different ABB-owned brands under the global ABB master br...

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