Tag Archives: Development

BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.

Amin Nasser held talks with heads of Russian oil giants. Rosneft and Gazprom. in Moscow on Friday to discuss cooperation.

The Technical Committee held the meeting on the verge of the Joint Ministerial Monitoring Committee meeting in Abu Dhabi this Sunday.

The U.S. is ready to help Europe to diversify its energy supply.

Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.

Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.

The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.

Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.

The investments required to build the complex will be shared equally by both companies.

There is a great need for oil and gas nations to diversify their economy.