The project envisions the development of the Estacion Fernandez Oro field together with Argentina’s largest oil and gas company YPF.
Read More »Big Oil Hiring Women. but the Trouble is Keeping them
Seventeen percent of Conoco’s top leadership and 28 percent of its professional employees were women in 2016.
Read More »Eni Launches World`s Biggest Industrial Supercomputer
The state-controlled firm has invested heavily in high-powered computing to give it an edge over rivals in exploration and get its resources to market faster.
Read More »BP to Ramp up Production from Kirkuk Oil Fields
The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.
Read More »Exxon`s New Discovery in Papua New Guinea
The discovery added to the company'.s ".rapidly growing inventory of low cost supply of natural gas". in Papua New Guinea.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »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.
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