News
September 22, 2015
The slump in LNG prices still has further to go, even after a plunge of 60% from last year’s peak, according to FGE, an energy consultant.
News
September 21, 2015
Oil rose after the biggest drop in more than two weeks, providing relief to investors who were the most bullish since early July.
News
September 18, 2015
CGG GeoSoftware has made a significant software donation to Universiti Teknologi PETRONAS (UTP) as part of its commitment to help train the next generation of geoscience graduates joining the energy industry.
News
September 15, 2015
PetroChina Co.’s slump to the lowest in six years may be ignoring the potential value from spinning off its huge pipeline network as part of the country’s energy industry reforms.
News
September 10, 2015
Iran cut pricing for all its oil grades for sale to Asia next month, according to two people with knowledge of the decision, trimming the premium on its main Light crude over the comparable Saudi blend to the narrowest since the end of 2012.
News
September 08, 2015
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd (PCSB) for the D18 project.
News
September 08, 2015
Indonesia is on track to resume full OPEC membership in December after a break of almost seven years, according to three people familiar with the matter.
News
September 08, 2015
Polarcus Ltd. has received a Letter of Award from Shell Myanmar Energy for a 3D marine seismic project offshore Myanmar.
News
September 07, 2015
As examined and approved by the Ministry of Land and Resources, CNPC has added 207.87 sq km of new shale gas bearing areas in well blocks of Wei-202, Ning-201 and YS108 in Sichuan basin.
News
September 07, 2015
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine, has delivered UMW Naga 8, a KFELS B Class jackup, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).
News
September 04, 2015
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam.
News
September 03, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is shifting the goalpost for signing a firm contract with China to supply gas from Western Siberia under a deal that would make the Asian nation Russia’s biggest customer for the fuel.
News
September 03, 2015
OAO NOVATEK and China’s Silk Road Fund (SRF) have concluded a framework agreement on the acquisition by SRF—a $40-billion medium- to long-term investment fund—of a 9.9% equity stake in the Yamal LNG project.
News
September 03, 2015
Otto Marine Ltd.'s subsidiary, Go Offshore Pty Ltd., has entered into two long-term charter contracts worth $25.2 million.
News
August 31, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is preparing a deal with China to build a pipeline near the Pacific coast as talks about a West Siberian link drag.
News
August 31, 2015
Keppel Offshore & Marine USA has completed acquisition of Cameron's offshore rigs business, which comprises the LETOURNEAU jackup rig designs, rig kit business, and aftermarket services for $100 million.
News
August 28, 2015
China’s biggest oil companies say they’ll cut costs, but not employees.
News
August 27, 2015
DNV GL will be working with the Chinese-owned Tianjin Desail to develop a new liftboat design for offshore construction, accommodation and maintenance.
News
August 27, 2015
PetroChina Co., the country biggest oil and gas producer, signaled it’s looking to join a wave of global energy deals as crude’s collapse makes it the right time to buy and sell assets.
News
August 27, 2015
PetroChina Co., the nation’s biggest oil and gas producer, posted a 63% decline in first-half profit as oil prices slumped, lagging analyst estimates.
News
August 27, 2015
Tap Oil has formalized its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama basin.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.