Malaysia oil and gas firm Barakah forays into Middle East with Saudi’s Vallianz
The debt-ridden Malaysian company is seeking strategic alliances as part of a restructuring...
Category : Oil & Gas
Abu Dhabi fund’s $1.1 bn investment in pipelines to deliver ‘solid returns’
In a first for the UAE, a domestic institutional investor pumps capital into energy infrastructure...
Trump’s executive orders to revive US energy sector and jobs
Trump’s orders are in line with the Republican strategy to increase US energy sector jobs...
Shell, Sinopec to jointly explore new oil reserves in China
Shell is one of the few international oil and gas explorers to venture into China’s shale oil discovery...
Russia will decide OPEC oil cuts extension depending on the market
President Putin said Russian companies have new plans to develop fields which “should be taken into account”...
Big Oil to get access to vast Brazil crude reserves with Petrobras settlement
Oil reserves potentially double that of Norway open up for exploration by global oil majors with Petrobras ceding control...
Russia, Colombia lead global oil and gas discoveries in Q4 2018
Russia had two natural gas discoveries in the West Siberian basin and an oildiscovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin, says GlobalData...
Gas and oil digital investment is expected to soar in the coming months
In the first quarter of this year, prices are expected to sit around $62 per barrel...
Government of the United Kingdom extends support to offshore oil and gas sector
Leading the 'path towards unlocking...Vision 2035,' the challenge is to highlight the potential 'the UKCS continues to offer investors across the world'...
Russian gas major Gazprom’s profits soar five fold to $3.8 billion
Second-quarter net profit jumped to the current amount from $708 million in the year-earlier period...