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Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
NIOC-Total Deal being Executed
Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.
Read More »Sinopec Acquire Assets in South Africa
A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »Aramco Seeking US$2b from Japan`s Export Agency
Saudi Arabia is seeking to sell as much as 5 per cent of Aramco.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »Kuwait Energy Eyes London Listing with Soco Merger Talks
Soco holds mature oil and gas assets in Vietnam. Congo and Angola with no interests to the low-cost fields in the Middle East.
Read More »Shell Chief Approves Shale for Future Growth
Shell has been working hard in the past few years to reduce shale production costs.
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