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Indonesia announced four winners from five blocks in a direct offer tender on Wednesday.
Read More »President: Indonesia Hadn`t Invested Enough in Exploration
Oil Heads for Monthly Gain on Iran Risks and as OPEC Clears Glut
Concerns rise that US exit from nuclear deal with Tehran will result in sanctions on Iranian oil and reduced exports.
Read More »Siemens First SGT-700 Gas Turbine to China’s Distributed Generation Market
Distributed generation is being embraced in China.
Read More »Cyber Attacks on US’s Energy Sector ‘Scary’
In 2012. Saudi Aramco production was locked down during the disk-wiping Shamoon incursion.
Read More »BP Follows Upcoming Oil Auctions in Brazil. Mexico
Brazil will receive bids for blocks at its coveted presalt region in June and Mexico plans to announce results in September from two onshore rounds.
Read More »Russian Oil Flows Faster into China
Russia’s crude shipments into Europe via the Baltic and Black Seas are due to fall by an average of 19% year-on-year in the first five months of 2018.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Aramco Appoints First Woman to the Board
Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.
Read More »BP Chief Executive Bob Dudley Poisoned in Russian Plot
Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .
Read More »Construction of First Leg of Turkish Stream Gas Pipeline is Completed
Gazprom’s investments in the construction of the Turkish Stream gas pipeline for 2018 are planned at around 182.4 bln rubles.
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