Gazprom revises its 2015 investment program to 1.043 trillion roubles ($16.8 billion). Source: Rigzone|Latest Oil and Gas News
DNV GL Secures Services Contract for Ichthys LNG Project
DNV GL secures a contract to provide in-service verification and classification services for a range of facilities at the Ichthys LNG project in Australia. Source: Rigzone|Latest Oil and Gas News
Lowering the Bar to Methanol Production
Fuel cell technology under development could lead to “extreme disruption of the methanol market,” says North Dakota-based researcher. Source: Rigzone|Latest Oil and Gas News
UPDATE: Oasis Petroleum Says Killed North Dakota Oil Well That Blew
Oasis Petroleum says it successfully killed a North Dakota well that had leaked oil, saltwater and natural gas since a blowout last weekend. Source: Rigzone|Latest Oil and Gas News
Security in Oil, Gas: The Threat from Within
The In Amenas attack in 2013 and the rise of the Islamic State present a new security problem for oil and gas companies: the threat from its own employees in […]
Total Sells 15% Interest in Gina Krog Field
Total signs an agreement to sell a 15% interest in the Gina Krog field, located in Norway, to Tellus Petroleum for a total payment of NOK 1.4 billion ($172.19 million). […]
Reliance's 2Q FY16 Oil, Gas E&P Revenue Falls 31.1% to $309M
Reliance Industries posts a 31.1% decline in revenue for its oil and gas business to $309.03 million in 2Q of 2016 ending Sept. 30., with the fall attributed to lower […]
AGOCO to Drill 93 Wells in Libya within 10 years
The Arabian Gulf Oil Company (AGOCO) is planning to drill 93 wells in its Libyan concession areas within the next decade, according to a presentation by the company’s chairman, Mohamed […]
OPEC, Non-OPEC Experts To Talk, But Unlikely To Cooperate On Cuts
A meeting of OPEC and non-OPEC oil market experts this week is unlikely to increase the prospect of joint co-operation on supply curbs or show much support for Venezuela’s proposed […]
China's ZPMC Challenges Petrofac Over Termination of Vessel Building Deal
China’s Shanghai Zhenhua Heavy Industries Co. will defend its legal rights pertaining to Petrofac’s cancellation of a contract to build a deepwater multi-purpose offshore vessel. Source: Rigzone|Latest Oil and Gas […]