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Petroteq Begins Heavy Oil Sales from Asphalt Ridge Facility
US >>  3/18/2019 - Petroteq has reported that, on March 18, 2019, oil production sales have commenced at the Asphalt Ridge facility. Two loads of 250 barrels of oil having an API gravity of 17 were sold, with additional...

International Arbitration Tribunal Orders Venezuela to Pay ConocoPhillips $8.7 Billion
VE >>  3/8/2019 - ConocoPhillips (COP) announced that an international arbitration tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (ICSID) has unanimously order...

Reliance Halts Diluents Export to Venezuela, not Raised Oil Buying
VE >>  3/13/2019 - India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, said it had halted supply of diluents to Venezuela’s national oil company PDVSA and will not resume such sales until ...

Equinor's Mariner Oilfield Startup to be Delayed Until Fourth Quarter 2019
UK >>  3/5/2019 - The start-up of Equinor's Mariner heavy oilfield in the British North Sea is expected to be delayed again until the fourth-quarter of 2019, two sources familiar with the project told Reuters. ...

FluidOil Signs MOU with National Oil Corporation of Libya
LY >>  2/20/2019 - FluidOil and National Oil Corporation (NOC) is pleased to announce that a Memorandum of Understanding (MOU) has been signed between FluidOil and National Oil Corporation of Libya to evaluate the devel...

KBR Secures Contract for Its Solid Acid Alkylation Technology (K-SAAT™)
US >>  1/23/2019 - KBR, Inc. (KBR) has entered into a contract with Wynnewood Refining Company, LLC (Wynnewood) for engineering and design services relating to KBR's Solid Acid Alkylation Technology (K-SAATTM) for Wynne...

Safety Studies Help Prepare for Significant Offshore Project in Brazil
BR >>  1/15/2019 - Equinor is using technical expertise from Lloyd’s Register (LR) to lead a safety study assessment for the second phase of the Peregrino oil field in Brazil. Equinor and Sinochem are joint field owners...

Downhole Steam Injection Valve Takes the Next Step Towards North Sea Reality
NO >>  1/17/2019 - Pharis Energy and the Oil and Gas Technology Centre (“OGTC”) have given the green light to Aberdeen-based oil and gas production technology business, Pragma Well Technology (“Pragma”), to progress wit...

Honeywell Technology & Controls Selected for Largest Petrochemicals Project in China
CN >>  1/17/2019 - Honeywell (HON) announced that Zhejiang Petrochemical Co. Ltd. (ZPC) will use a range of process technology from Honeywell UOP, the world’s leading licensor of refining and petrochemical process techn...

Frontera Announces an Operational Update
PE >>  1/15/2019 - Frontera Energy Corporation (FEC) (Frontera) announces an operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise not...

Husky Considering Sale of Non-Core Downstream Assets
CA >>  1/8/2019 - Husky Energy (HSE) announced it will undertake a strategic review and will potentially sell its Canadian retail and commercial fuels business and its Prince George Refinery. ...

Tethys Oil to Buy Minority Stake in Oman's Block 53
OM >>  12/23/2018 - Tethys Oil has entered into an agreement to acquire a two percent participating interest in Block 53 onshore Oman from Total E&P Oman, a wholly-owned subsidiary of Total. Block 53 holds the Mukhaizna ...

Oman Seeks Intl Investment to Develop Ultra-heavy Oilfield
OM >>  12/17/2018 - Oman’s Ministry of Oil & Gas says it will open up its ultra-heavy oilfield at Habhab in south Oman to investment and development by international players with the technological and financial wherewith...


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