Corporations
Iraq, Oman plan cooperation in oil and gas sector

Iraq and Oman signed a memorandum of understanding to cooperate in the oil and gas sector, including the possibility of building a shared refinery in Oman for processing imported Iraqi crude, the...

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ENI Tells El Sisi “Zohr Gas Field” Flows By end 2017

During a recent meeting between ENI CEO Claudio Descalzi and Egyptian President Abdel el Sisi, the ENI CEO disclosed that his firm would have the massive Zohr natural gas field online by the end of...

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Some BG Group offices to close

Royal Dutch Shell said Monday it was closing some of the offices in the United Kingdom for BG Group as both companies move forward under a united structure. British energy company BG Group became a...

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Gazprom gas deliveries up in 2016

Gazprom’s gas transports to European countries outside the Commonwealth of Independent States were up 33.5% year-on-year during the first few weeks of 2016, the company announced In total, 36.5 bcm...

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Total CEO: TOTAL will not cut jobs and will need workers when the price goes up

Patrick Pouyanne the CEO of French oil and gas giant TOTAL said recently in a radio interview that the company would not cut jobs as other oil and gas companies have done, despite an expected drop in...

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BP outlook: gas will be the fastest growing fossil fuel

BP outlook: gas will be the fastest growing fossil fuel UK-based oil and gas giant BP expects fossil fuels to remain the dominant form of energy over the period to 2035, according to the 2016 edition...

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Egypt: Eni achieves giant gas discovery in the Mediterranean offshore Egypt

Italian Oil Company Eni declared some days ago the Mediterranean’s biggest-ever and the world’s 20th largest gas discovery offshore Egypt, in the Zohr field located in the Shorouk Block...

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Schlumberger to acquire Cameron

In an agreement unanimously approved by the boards of directors of both companies, Schlumberger and Cameron approve a merger in which the companies will combine in a stock and cash transaction valued...

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Eni makes important tight gas discovery in the Egyptian Nile Delta

Eni has made an important gas discovery in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, 120 kilometers north-east of Alexandria, Egypt. Preliminary...

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Baker Hughes: US Weekly Oil Rig Count Decline Slows

Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered...

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