Maurel & Prom eyes further merger after MPI dealAug 31, 2015The Boards of Directors of Maurel & Prom and MPI have unanimously approved the principle of a merger between the two companies
LUKOIL Marine Lubricants opens new warehouse in GothenburgAug 31, 2015The marine lubricant specialist is constantly striving to expand its global supply network and with the new warehouse in Gothenburg
Alberta Energy Regulator issues suspension order to NexenAug 31, 2015The Alberta Energy Regulator (AER) has issued a Suspension Order to Nexen Energy ULC, due to noncompliant activities at Long
Buru Energy discovers hydrocarbons at Praslin 1Aug 31, 2015Buru Energy Limited (Buru Energy) provides the following update on drilling operations at the Praslin 1 well as at 06:00hrs, 28 August
Americas Petrogas completes sale of subsidiary to TecpetrolAug 31, 2015Americas Petrogas Inc. has closed the previously announced sale transaction (the "Transaction") pursuant to which Tecpetrol
Independent Oil initiates plans to drill Skipper wellAug 31, 2015Independent Oil and Gas plc provides an update on its drilling plans on the Skipper licence and a funding update.
LGO announces initial production rates at Pad-5, Goudron fieldAug 31, 2015LGO says that production testing is now underway on wells GY-676 and GY-677, the second and third wells drilled on Pad-5 in the
Gaznat optimizes physical energy portfolio with OpenLinkAug 31, 2015OpenLink says that Gaznat has gone live with its Optimization solution for physical asset portfolio optimization.
Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanesAug 31, 2015Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes
GeoPark makes new light oil field discovery in ColumbiaAug 31, 2015GeoPark Limited makes a new oil field discovery following the drilling of exploration well Chachalaca 1, located on the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block.GeoPark drilled and completed the Chachalaca 1 exploratory well to a total depth of 12,270 feet. A test conducted with an electrical submersible pump in the Mirador formation, at approximately 11,606 feet, resulted in a production rate of
Candax Energy obtaines additional debt waiver extensionAug 28, 2015Candax Energy Inc. has obtained from Geofinance NV, major debtholder and shareholder of the Company, a further extension of 8 days
Freeport-McMoRan declares further spending cuts in response to market conditionsAug 28, 2015Freeport-McMoRan Inc. announced revised capital and operating plans in response to the recent decline in copper prices resulting
Brightoil makes discovery of promising gas reserves in Tuzi gas fieldAug 28, 2015Brightoil Petroleum (Holdings) Limited says that with regard to the Xinjiang Tuzi Luoke Gas Field (Tuzi Gas Field) jointly developed
OMV appoints new Executive Board member for Upstream Business SegmentAug 28, 2015The OMV Supervisory Board unanimously appointed Johann Pleininger as the Executive Board member responsible for Upstream
Dyna-Mac secures contract from new customer In SingaporeAug 28, 2015Dyna-Mac has secured a S$12 million contract from an established and reputable first time new customer, an MNC based in Singapore,
Rosneft and EGAS sign Master LNG supply and purchase agreementAug 28, 2015Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply
Saudi Aramco awards McDermott lump sum contractAug 28, 2015McDermott International, Inc. has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.
Trinity Exploration announces resignation of directorAug 28, 2015Trinity, an independent E&P company focused on Trinidad and Tobago, says that Ronald Harford is stepping down as a non-executive
Galilee Energy completes ATP 529P acquisitionAug 28, 2015Galilee Energy Limited has successfully completed its acquisition of the remaining 50% interest in ATP 529P from AGL Energy Limited.
CGG completes delivery of Norway’s Diskos data management solutionAug 28, 2015CGG says that its E&P data management solution for the seismic, well and production modules in the Diskos database, Norway’s
Latest innovations featured at the SPE Middle East Intelligent Oil and Gas ConferenceAug 28, 2015Transforming for Improved Decisions,” is the theme of the Society of Petroleum Engineers (SPE) Middle East Intelligent Oil and
Platts: European refineries, enjoying healthy margins, may delay maintenanceAug 28, 2015With distillate margins having risen over the past month and gasoline still strong, European refineries may look to delay scheduled
NPD grants consent for use of equipment for improved recovery on GullfaksAug 28, 2015The Norwegian Petroleum Directorate has granted the licensees of Gullfaks Sør consent for start-up and operation of new subsea
Russia and China aiming for successful conclusion of negotiations on western routeAug 28, 2015Beijing hosted working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier