Latest News

DNV GL introduces new tool to facilitate LNG fuel adoption

DNV GL has developed a new online tool called PKI Methane Number Calculator that is effective to match fuel quality with the engine...

DNV GL introduces new tool to facilitate LNG fuel adoption

Drillinginfo acquires Ponderosa Energy’s product lines and services

Oil and gas analytics company Drillinginfo has announced its acquisition of the assets, product lines and related services associated with Ponderosa Energy, a division of Ponderosa Advisors....

Drillinginfo acquires Ponderosa Energy’s product lines and services

Hindustan Petroleum to own 25% stake in proposed $30bn oil refinery in India

India's state-owned oil and natural gas company Hindustan Petroleum is planning to acquire a 25% stake in the proposed oil refinery to be built in the country's western coast....

Hindustan Petroleum to own 25% stake in proposed $30bn oil refinery in India

SoCalGas completes demonstration testing of new gas detection sensors

Southern California Gas Company (SoCalGas) has completed its demonstration testing of new gas detection sensors that utilise its Advanced Meter communication...

SoCalGas completes demonstration testing of new gas detection sensors

Vallourec closes majority stake acquisition in Anhui Tianda Oil Pipe Company

Vallourec has completed its acquisition-of-majority stake (50.61%) in China-based Anhui Tianda Oil Pipe Company....

Vallourec closes majority stake acquisition in Anhui Tianda Oil Pipe Company

Ocean LNG signs sale and purchase agreement with Brazilian firm CELSE

Qatar Petroleum affiliate Ocean LNG has signed a long-term LNG sale and purchase agreement with Brazil-based company CELSE-Centrais Elétricas de...

Ocean LNG signs sale and purchase agreement with Brazilian firm CELSE

Kuwait Petroleum signs MoU with Oman Oil Company to invest in Duqm Refinery and Petrochemical Complex

Oman Oil Company (OOC) and Kuwait Petroleum Corporation’s international subsidiary Kuwait Petroleum International (KPI) have signed a memorandum of understanding (MoU) to cooperate in...

Kuwait Petroleum signs MoU with Oman Oil Company to invest in Duqm Refinery and Petrochemical Complex

Bam International and Iconsa joint venture secures contract to develop LNG terminal in Panama

The joint venture between Bam International, Royal Bam Group’s operating company outside Europe, and marine construction company Iconsa has received a contract to design and construct an LNG...

Bam International and Iconsa joint venture secures contract to develop LNG terminal in Panama

Australia’s Central Petroleum rejects Macquarie’s $57m offer

Australian onshore oil and gas company Central Petroleum has rejected a takeover proposal from its main financier, Macquarie...

Australia’s Central Petroleum rejects Macquarie’s $57m offer

ADNOC to expand EOR and ERD technology usage to maximise resource value

Abu Dhabi National Oil Company (ADNOC) has announced that it will expand the usage of Enhanced Oil Recovery (EOR) and Extended Reach Drilling (ERD) technologies to maximise the value of...

ADNOC to expand EOR and ERD technology usage to maximise resource value

Puma Energy signs agreement to buy BP terminal in Northern Ireland

Integrated midstream and downstream energy company Puma Energy has signed a purchase agreement with BP to buy a storage fuel terminal located in Belfast, Northern...

Puma Energy signs agreement to buy BP terminal in Northern Ireland

Queensland Government releases two petroleum and gas exploration areas

The Australian Petroleum Production and Exploration Association (APPEA) has welcomed the release of two petroleum and gas exploration areas in Queensland by the regional...

Queensland Government releases two petroleum and gas exploration areas

PetroVietnam to use Honeywell’s Connected Performance Services to boost refinery efficiency

Honeywell has announced that a subsidiary of PetroVietnam will use its new IIoT-based Connected Performance Services (CPS) to enhance its manufacturing...

PetroVietnam to use Honeywell’s Connected Performance Services to boost refinery efficiency

Guangdong Zhenrong Energy signs MoU with BP for Caribbean oil refinery

Chinese company Guangdong Zhenrong Energy has signed a memorandum of understanding (MoU) with BP that initiates commercial cooperation between the two parties for an oil refinery located in...

Guangdong Zhenrong Energy signs MoU with BP for Caribbean oil refinery

Deals this week: Abraxas Petroleum, Sunoco Logistics, White Oak Energy

Abraxas Petroleum Corporation has reached an agreement with an undisclosed company to dispose Brooks Draw assets located in Converse County of the Powder River Basin in Wyoming, ...

Deals this week: Abraxas Petroleum, Sunoco Logistics, White Oak Energy

M&As this week: Earthstone Energy, Beijing Gas Group

Earthstone Energy has agreed to acquire all outstanding membership interests of Bold Energy III from EnCap...

M&As this week: Earthstone Energy, Beijing Gas Group

Report: Canada’s Pike project expected to commence production in 2019

The Pike project located in the Alberta oil sands has estimated recoverable reserves of 610 million barrels of crude oil, according to a report by...

Report: Canada’s Pike project expected to commence production in 2019

Taqa Atrush signs EPC contract with KAR Company to construct feeder pipeline

As operator of the Atrush Block Production Sharing Contract (PSC), Taqa Atrush has entered an Engineering, Procurement and Construction (EPC) contract with KAR Company to construct a...

Taqa Atrush signs EPC contract with KAR Company to construct feeder pipeline

BP and Oman sign deal to amend Oman Block 61 exploration and production sharing agreement

BP and Oman Oil Company Exploration & Production have signed a deal with the Government of the Sultanate of Oman that amends the Oman Block 61 exploration and production sharing agreement...

BP and Oman sign deal to amend Oman Block 61 exploration and production sharing agreement

Saudi Arabia halts oil product shipments to Egypt

Saudi Arabia has halted shipments of oil products to Egypt for an indefinite period, indicating a growing rift between the two Middle Eastern...

Saudi Arabia halts oil product shipments to Egypt

Wärtsilä signs MoU with Engie to develop small-scale LNG markets

Wärtsilä and French multinational energy company Engie have signed a memorandum of understanding (MoU) to develop solutions and services within the small-scale LNG business...

Wärtsilä signs MoU with Engie to develop small-scale LNG markets