One of the biggest privatisations in Russian history is taking place
Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority and commodities trader Glencore to sell a 19.5 percent …
End-User Industries
The offshore section of TurkStream pipeline is ready to be laid.
South Stream Transport B.V. and Allseas Group S.A. today signed in Amsterdam a contract to build the first string of the TurkStream gas pipeline’s offshore …
BP started a new exploration phase in southern North Sea
BP yesterday announced in a press release that drilling has commenced on a potential carboniferous gas play in southern North Sea block 43/26a that, if …
Kenya reportedly going to build its first nuclear power plant
Kenya is planning to spend $5 billion by 2021 to build its first nuclear power plant, Bloomberg reported on Wednesday. The reason for this 1GW-sized plant is …
Saudi Aramco extends Jacobs contract
Jacobs Engineering Group Inc. announced today it received an amendment from Saudi Aramco for its general engineering services (GES) contract. While officials …
Saudi Aramco to supply more oil to Asia in January sources say
As reported by Reuters, state oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January, as it holds …
Lukoil drilled a third well at Filanovsky field
LUKOIL has successfully completed drilling of the third well at offshore Vladimir Filanovsky field in the Caspian Sea, according to a press release from the …
Eni, GE partnering together in green energy
Eni has signed an agreement with General Electric to develop renewable energy projects and hybrid solutions with a focus on energy efficiency, the company …
Coca Cola Partners overhauls its water management systems
As part of a €2.6 million investment, Coca-Cola European Partners will be replacing and upgrading a water treatment plant at its manufacturing site in East …
Permian Basin is much larger than we thought
Last week the U.S. Geological Survey (USGS) announced the largest estimate of continuous oil that it has ever assessed, and the region is the Permian basin in …