Browsing Category
Oil & Gas
Iraq insists OPEC members are fighting for market share
Adel Abdul Mahdi, Iraqi Oil Minister said members of OPEC are engaged in an internal price war as they seek to…
Brent slips below $86
Brent crude futures fell below $86 a barrel as a firmer dollar and a well-supplied oil market combined to put the…
Karoon plans $150 million Brazil oil well drilling plan
Karoon Gas Australia is trying to sell a stake in its Brazilian offshore oil-exploration blocks as it plans to…
And Christophe de Margerie passes on
Christophe de Margerie died on October 20, 2014 just after his private plane crash at Vnukovo Airport in Moscow,…
Ghana grosses $193 million from crude oil for Q3
Ghana has grossed about $104 million from crude oil exports for the third quarter of 2014. The monies were earned…
Pouyanne and Desmarest: New helmsmen at Total
French oil major Total has appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry…
China benefiting from a wider choice of suppliers from…
Asian consumers are benefiting from a wider choice of suppliers offering cheaper crude from Venezuela to Alaska and…
Venezuela’s PDVSA to invest $20 billion to boost…
Venezuelan state oil company PDVSA plans to invest $20 billion to expand its domestic refining capacity by 20…
Russia calls Europe’s bluff on Ukraine gas deal
Russia, Ukraine and the European Union failed to strike a deal that would guarantee Russian gas supplies through…
LNG terminal frees Lithuania from Russian gas dependence
Lithuania will be able to survive without Russian gas after its liquefied natural gas (LNG) terminal starts up…
Russia’s Gazprom increases 2014 investments to $25…
Russia’s Gazprom has increased its investment programme for this year by $25 billion. The Kremlin-controlled…
Addax extends charter of FPSO vessel in Nigeria for $39…
Malaysia’s Yinson Holdings Berhad (Yinson, the Group) reported that its FPSO (floating production, storage and…