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...
Category : Oil & Gas
Panhandle Oil and Gas announced acquisition of Bakken and Three Forks Acreage property
"The mineral strategy is part of the Company's overall corporate strategy as outlined below, which will guide capital allocation decisions moving forward," says Paul Blanchard, President and CEO...
Gazprom is investing more in Oil and Gas than Exxon
The Russian, state-controlled natural gas giant leads a ranking of oil and gas big spenders with an estimated capex of $160 bn on 84 oil and gas projects worldwide...
Industry Analysis & Outlook: Global expansion in onshore oil and gas pipeline sales market
Global Onshore Oil and Gas Pipeline Sales Market Report 2018 indicates the possible opportunities and barriers presented for leading firms and new entrants in the industry...
India to launch its second oil and gas field auction on August 9
60 discoveries have been clubbed into 26 contract areas that spread over 3,100 sq km, and over eight sedimentary basins...
OPEC members to decide on oil prices this week
OPEC is scheduled to meet this week in Vienna to discuss raising production rates, ahead of a meeting with Russia and non-OPEC members ...
Proposed oil, gas pipelines from Russia to China via Mongolia
"We plan to upgrade the Ulaanbaatar Russian−Mongolian railway and adjacent sections. We are developing an upgrade project for this railway through 2030," says Putin...
Oil prices are rising due to instability in the Middle East
Oil prices are on the rise after political instability in the Middle East, say traders, as energy stocks emerge as viable investment options and job opportunities in the sector look bright...
Royal Dutch Shell plc releases its first quarter 2018 Euro and GBP equivalent dividend payments
The Board announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2018 interim dividend, which was announced on April 26, 2018 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”)...
Quebec government to impose ban on shale gas fracking
The new measures will amend Quebec's Petroleum Resources Act passed in 2016 and prohibit oil and gas drilling in 13 waterways across the province...