Aramc to sell 0.5% shares to individual investors
The Saudi government will have a lock-in period of a year on further share sales after the IPO...
Tag : BP
Brazil oil auction fails to achieve the $26 billion target
Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...
Oman’s PDO to increase oil output by 10% in 5 years
Petroleum Development Oman is expected to boost output capacity to 670,000 barrels per day...
BP’s sale of GUPCO stake marks the end of a 50-year partnership
The company will sell its stakes to Dragon Oil for more than $600 million, according to industry sources...
Egypt’s super-giant Zohr gas field begins production
Completes BP’s major project start-ups for 2017...
Eight energy companies commit to reduce methane emissions within natural gas industry
The commitment was made to ensure that natural gas continues to play a critical role in helping meet future energy demand...
BP starts production at the Khazzan gas field in Oman
BP expects to start-up seven Upstream major projects in 2017 -- making it one of the most important years for commissioning new projects in BP’s history....
Tough time ahead for oil companies
While big players are streamlining operations, smaller ones look to get acquired Suparna Goswami Bhattacharya Analysts expect oil price to come down to $43 a barrel in second quarter of 2015 Oil companies look for ways to cut costs Big players go in for layoffs Oil price: No looking up for now January 27, 2015:...