BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.
Read More »Total Enters Mexico Fuel Market
Total also has interests in four exploration blocks it was awarded in auctions last year. two of which it operates.
Read More »Norway Remains Among World’s Top 10 Places to Find Oil
Earlier this week Norway’s Statoil reported yet another dry well in the Barents Sea. some 100 km northwest of the Johan Castberg discovery.
Read More »LNG Production Starts at Wheatstone
This is Chevron’s second project in the Australian LNG rush.
Read More »Japan in Advance Talks with Abu Dhabi for Oil Concession
Japan exploring opportunities in downstream and mid-stream sectors.
Read More »Rosneft Completes 30% of Zohr Purchase
The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.
Read More »Drillers Decline Trump’s Marine Sanctuary Offer
Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.
Read More »Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs
The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »North Sea Oil Sees Investment Rush
The North Sea’s problem has always been high production costs.
Read More »
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