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BP wants to acquire a 30 per cent stake in the SNE field that Edinburgh-based Cairn found in 2014.
Read More »BP Reported to be Eyeing Cairn Energy Oil and Gas Acreage in Senegal
Shahdeniz 2 Is Now over 97 Percent Complete: BP
Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »China Jumps from Worst Carbon Emitter to Record Solar Investor
Half of all additions to China’s electricity generating capacity since 2013 have been renewables or nuclear.
Read More »Iran. Germany Sign MoU on Oil Technology Transfer
The German official expressed the company'.s eagerness to get more information on RIPI to boost the cooperation in the future.
Read More »Egypt Says Gas Discoveries can be EU`s New Energy Source
Egypt and Cyprus have in the last three years aimed at forging closer ties as part of a relationship built largely on energy cooperation.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Oil Price Drop Imminent If Moscow Says “No“ To Extension
Reports emerged last week that Russia is considering a delay on the decision to extend the cut.
Read More »Oil Markets ‘Need to Extend Output Cut Deal’
The UAE has not ceased oil investments since the onset of the price fall.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
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