Despite the recent period of low oil prices and the resulting impact on investments in new production, IHS expects North American production volumes to level off later this year and average around 13 mbd for 2016.
Russian oil company Lukoil has signed a production and service agreement with Iraqs state-owned oil companies, North Oil Company and South Oil Company for Iraqs West Qurna-2 field.
Danish upstream player to acquire half of Africa Oil Corporation shares in three
Total chief executive, Christophe de Margerie is just one of the high profile defendants of a French trial over the Saddam Hussein era oil-for-food programme.
China will consume 11.32 million barrels of crude oil per day in 2016, a year-on-year increase of 4.3 per cent.
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Statoil and nine other IOCs met to discuss strategies aimed at reducing greenhouse emissions
Facility in Dammam set to boost GE Oil & Gas’ existing in-kingdom Pressure Control manufacturing capability with output capacity now three times original.
Bids signal long-term engagement in Canadian offshore for Statoil.
GE Oil & Gas has signed a first-of-its-kind partnership agreement with the Iraqi ministry of oil that aims to strengthen energy production in the country by enhancing the operational efficiency of all the ministry's oil assets.
Denmark's Maersk Oil has completed the acquisition of 50 per cent of Africa Oil Corp share in three onshore exploration licences in the Turkana region of northern Kenya and two contiguous licences in Southern Ethiopia.
Valerie Stocker had a rare interview with the chairman of Libya’s National Oil Corporation Mustafa Sanallah in Tripoli who explained why the oil industry tries to stay above the political infighting
As part of the deal, Iraq will export 100,00 bpd to Reliance Industries and 60,000 bpd to the Indian Oil Corporation, one of the largest refiners in India.
GE Oil & Gas and Iraq’s Ministry of Oil have signed a wide ranging strategic plan that takes its partnership to the next level, according to Rami Qasem, president & CEO of GE Oil & Gas Middle East, North Africa and Turkey who spoke exclusively to Pipeline......
Canada’s Suncor Energy has finally reached an agreement to takeover Canadian Oil Sands (COS) in a deal worth US$4.4 billion after months of unsuccessful bids.