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Wood Group PSN Reduces UK Contractors’ Rates
United Kingdom >> 2/19/2016 - In response to continuing cost and efficiency challenges affecting the UK North Sea oil & gas sector, Wood Group PSN (WGPSN) has announced plans to reduce the rates paid to approximately a third of it...
Technip Named Industry Leader in Sustainability by RobecoSAM
France >> 2/19/2016 - Technip has been recognized as industry leader and has received Gold Class distinction for its sustainability performance in the ‘Energy Equipment and Services’ sector according to the 2016 RobecoSAM ...
Gazprom & Bolivia Advancing Cooperation to New Levels
Bolivia >> 2/18/2016 - A Gazprom delegation headed by Alexey Miller, Chairman of the Gazprom Management Committee, visited today Bolivia. ...
Ecopetrol Will Apply for Voluntary Delisting from the Toronto Stock Exchange
Colombia >> 2/18/2016 - Ecopetrol S.A. will apply for the voluntary delisting of the Company's American Depository Shares (the "ADRs") from the Toronto Stock Exchange (the "TSX") pursuant to Section 720 of the TSX Company Ma...
Standard & Poor’s Reviews Petrobras’ Global Ratings
Brazil >> 2/18/2016 - Petrobras informs that the rating agency Standard & Poor’s (S&P) announced the revision of Petrobras' corporate debt rating to B+ from BB, with negative outlook.

Petrobras reaffirms that th...
ExxonMobil Shuts One of Its Offices in Azerbaijan
Azerbaijan >> 2/17/2016 - U.S. energy company ExxonMobil (XOM.N) has closed one of its offices in Azerbaijan, the country's tax ministry said on Wednesday, the result of a delayed oil project. ...
Orca Exploration Group Updates the Market
Tanzania >> 2/17/2016 - Orca Exploration Group Inc (Orca) wishes to update the market in response to the news release issued by Lloyd I. Miller, III on 16 February 2016 relating to Orca. ...
New Website Launched for Gazpromneft-Badra
Iraq >> 2/16/2016 - A new internet site for Gazpromneft-Badra, operator of the Badra oilfield Iraq, is now available at www.gazpromneft-badra.com. This new resource covers the work and activities of the international con...
Gazprom Taking Comprehensive Cost Optimization Measures
Russia >> 2/16/2016 - The Gazprom Board of Directors took notice of the information about the cost optimization (reduction) trends across Gazprom Group in 2016. ...
Kongsberg Maritime Opens New Office in Panama
Panama >> 2/15/2016 - Kongsberg Maritime has established a new country office in the Republic of Panama. Opened in January 2016 and situated in the 'Canal Zone' close to Panama City, Kongsberg Maritime Panama will service ...
Oman Oil Co (OOC) to Restructure to Support Expansion
Oman >> 2/15/2016 - State-owned Oman Oil Co (OOC), the national petroleum investment company, will restructure itself to support expansion and improve efficiency, chief executive Isam al-Zadjali said. ...
Strainstall Relocates its Midsomer Norton Base to Bristol
United Kingdom >> 2/12/2016 - Strainstall is pleased to announce its office relocation to City Business Park, Bristol. The move from the current location in Midsomer Norton provides improved facilities for the company. The new off...
Roxi Provides an Exercise of Options
Kazakhstan >> 2/11/2016 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 487,500 new shares ("Option Shares") have been issued. ...
Igor Sechin Gives a Keynote Speech at IP Week
Russia >> 2/10/2016 - Chairman of Rosneft Management Board Igor Sechin gave a keynote speech at the International Petroleum Week conference in London. ...
Aramco-Lanxess Joint Venture to to be Launched in April 2016
Saudi Arabia >> 2/10/2016 - Specialty chemicals company LANXESS and Saudi Aramco have announced ARLANXEO, the name of their new joint venture for synthetic rubber. The new name and logo combines elements from the names and logos...
Frontera & UkrGasVydobuvannya Sign Strategic MoU for Upstream Cooperation
Ukraine >> 2/9/2016 - Frontera Resources Corporation (FRR), an independent international oil and gas exploration and production company (“Frontera”), announces that it has signed a Memorandum of Understanding (“MOU”) with ...
Russia Appeals Order to Pay $50 bln to Yukos Shareholders in Netherlands
Russia >> 2/9/2016 - Russia began its appeal in the Netherlands against an international arbitration order that Moscow pay $50 billion in damages to shareholders in the defunct Russian oil giant Yukos. ...
Iran & Italy Ink MoU to Jointly Produce Strategic Oil Items
Iran >> 2/8/2016 - Iranian and Italian industrialists signed a contract to jointly invest in construction of a factory to provide strategic oil industry items. ...
Lukoil & Sochi Autodrom Sign Partnership Agreement
Russia >> 2/8/2016 - PJSC LUKOIL and Sochi Autodrom have signed a partnership agreement for the period until 2019 to facilitate arrangement of sporting events on Russia’s most modern race track. ...
IMS Certificates Extended for KOGPC
Iran >> 2/7/2016 - Integrated Management System (IMS) certificates has been extended for Kaoun Oil & Gas Producing Company. The company successfully managed to renew ISO 14001 & 18001, 1SO 9001 and OHSAS 18001 certifica...

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