- Oil & Gas
Gazprom and CNPC to extend strategic cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Zhang Gaoli, Vice Premier of the State…
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Southern Gas Corridor to be finalized by 2020
Azerbaijan aims to finalize Southern Gas Corridor by 2020, Azerbaijani President Ilham Aliyev stated recently. Speaking at “On the Road…
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MOL expansion of the exploration portfolio
MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in…
Read More » - Power
Eni’s energy predictions for 2017
According to ENI, energy generation, electricity costs and the switch to renewables are at the top of most country’s political…
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CNOOC to extend exploration program in 2017
According to its new business strategy and development plan, released on January 19th, China National Offshore Oil Corporation (CNOOC) will…
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DNV GL survey: energy efficiency as a proven investment strategy
DNV GL recently released findings from a comprehensive survey of nearly 500 commercial facility managers across the United States to…
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NOV has completed acquisition of Fjords Processing
National Oilwell Varco, Inc. (NOV) has completed its previously announced acquisition of Fjords Processing, a global leader in the provision…
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FMC Technologies and Technip multibillion-dollar merger completed
TechnipFMC recently announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies…
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Big new oil discovery in Alaska
ConocoPhillips Alaska announced on January 13 a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the…
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Schlumberger acquired Peak Well Systems
Schlumberger announced the acquisition of Peak Well Systems (Peak), a leading specialist in the design and development of advanced downhole…
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BVB 5 most traded shares in December 2016
Bucharest Stock Exchange (BVB) continued its growth in December 2016, a month when the main BVB indices, BET and BET…
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EU, EIB and EBRD to support Romania – Moldova gas interconnection
In a joint effort to strengthen Moldova’s energy security, the European Union (EU), the European Bank for Reconstruction and Development…
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Who will bid for Iranian oil & gas projects?
According to Shana news agency, Iran has pre-qualified 29 international companies to bid for its oil and gas projects based…
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Halliburton intends to acquire Russia’s Novomet
Halliburton announced on December 23, 2016, that it has made a filing with the Federal Antimonopoly Service of Russia (FAS)…
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USD 136 BN mergers and acquisitions worldwide in the upstream sector
The oil prices upturn, the prospects of keeping the upward trend in terms of global demand and especially the OPEC…
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The agreement in Vienna
The Organization of Petroleum Exporting Countries (OPEC) and a number of oil producing countries outside the cartel reached at the…
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Oil revival: Donald Trump’s energy promises
The outcome of US elections in November 2016 was a surprise for many analysts and the echoes have not ceased…
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Gazprom and OMV signed binding Basic Agreement on asset swap
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, signed on 14…
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Claren Energy started drilling the Bobocu 310 side-track well
Claren Energy Corp. announced that drilling operations have commenced on the Bobocu 310 side-track well (B310-ST1). B310-ST1 is being drilled…
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