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Oil & Gas Companies News

CAMAC Energy Changes Its Name to Erin Energy
United States >> 4/17/2015 - CAMAC Energy Inc will implement a reverse stock split of its common stock pursuant to which each six shares of common stock will be converted into one share of common stock, effective as of 5:00 p.m. ...
CAMAC Energy Announces Corporate Changes
United States >> 4/17/2015 - CAMAC Energy Inc will implement a reverse stock split of its common stock pursuant to which each six shares of common stock will be converted into one share of common stock, effective as of 5:00 p.m. ...
PA Resources Decides to Continue with the Reorganisation
Sweden >> 4/15/2015 - In light of Gunvor Group’s decision to withdraw its petition for bankruptcy of PA Resources AB and, together with the bondholders, lend its support to the reorganisation process the board of directors...
COSL Received “Best Investor Relations Company” Award
China >> 4/15/2015 - China Oilfield Services Limited(“COSL” or the “Company”) has recently received the “Best Investor Relations Company (China)” award at The 5th Asian Excellence Awards by Corporate Governance Asia. This...
IFR Provides Mexico Oil and Gas Initiative
Mexico >> 4/13/2015 - International Frontier Resources Corporation has formed a Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) that will allow for (i) the study of, and bidding on, assets in Mexico's initial o...
Gunvor Group Petitions for Bankruptcy in PA Resources
Sweden >> 4/13/2015 - On Sunday night Gunvor Group informed the company that it had filed an application for bankruptcy of PA Resources AB. The company has not yet been officially notified by Stockholm District Court. Due ...
CNOOC Kicks off Sixth Round of Technicians Contest
China >> 4/10/2015 - CNOOC kicked off its 2015 technicians contest. This year's contest covers 8 categories: offshore operators; oil production and instrument technicians; sheet metal technicians; maintenance fitters; ADU...
COOEC Wins the First Prize of National Award for Work Safety Science & Technology Achievements
China >> 4/7/2015 - It was learned from the State Administration of Work Safety that the achievement of Offshore Oil Engineering Co., Ltd. (COOEC), "Research and Application of Long-distance Subsea Pipeline Technology in...
Baron Provides Temporary Shut-in of its Nancy Burdine Maxine Field
Colombia >> 4/7/2015 - Baron Oil announces that crude oil production from the Nancy#1 well (which had been running at 400 bbls per day) was temporarily shut-in over the Easter weekend as the crude oil storage facilities loc...
New Subsea Technologies to Maximize Efficiency for South China Sea Gas Development
New Subsea Technologies to Maximize Efficiency for South China Sea Gas Development China >> 4/6/2015 - Chinese operator CNOOC Ltd is still weighing on options to develop its self-financed deepwater gas field Lingshui 17-2 in the western part of the South China Sea. ...
Cygam Announces Bankruptcy Filing and Corporate Update
Canada >> 4/2/2015 - Cygam Energy Inc has filed a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada). In conjunction with this filing, Hardie and Kelly Inc. has bee...
On the Dispute Settlement with Yukos Group of Companies
Russia >> 4/1/2015 - Rosneft and a group of its subsidiaries including Samaraneftegaz, Tomskneft and Angarsk Petrochemical Company reached a dispute disposition agreement with Yukos Finance B.V., Yukos Capital sarl, Stich...
Pemex Battles Fire at the Abkatun Permanente Platform
Mexico >> 4/1/2015 - Early this morning the dehydration and pumping area caught fire in the Permanent Abkatun platform in the Bay of Campeche. ...
Petrobras Approved to Sale Austral Basin Assets to CGC
Argentina >> 3/31/2015 - Petrobras announces that the Board of Directors of Petrobras Argentina (PESA) has approved to dispose of all of its assets located in the Austral Basin, in the Santa Cruz province, for US$ 101 million...
Peru's State Oil Company Says Scraps Plan for 2015 Share Offer
Peru >> 3/30/2015 - Peru's state-owned energy company Petroperu will not go through with a previously announced plan to sell shares on the local stock market this year, the firm's president German Velasquez told reporter...
Resolute Energy Agreed to Sale Non-Core Assets
United States >> 3/30/2015 - Resolute Energy Corporation has entered into a definitive agreement to sell certain non-core assets in the Midland Basin portion of the Permian Basin in west Texas. ...
12th Africa Independents Forum 2015
United Kingdom >> 3/25/2015 - Global Pacific & Partners and GPP Energy Advisors Limited, the Board and Senior Partners of the firm, Duncan Clarke, Chairman, and Chief Executive Babette van Gessel, are pleased to announce the 50.1%...
Canada's Oil Industry to Lose Money and Jobs in 2015
Canada >> 3/25/2015 - The collapse of oil prices in the second half of 2014 will take a bite out of the Canadian oil industry's finances. Revenues are expected to fall by 37 per cent and the industry will post a pre-tax lo...
Mexico's First Oil Tender to Feature Extended Exploration Period
Mexico >> 3/25/2015 - As Mexico opens up its oil sector to private producers for the first time in decades, the initial set of contracts up for grabs later this year will feature extended exploration periods, the country's...
Oil & Gas Thailand 2015 and Petrochemical Asia 2015
Oil & Gas Thailand 2015 and Petrochemical Asia 2015 Thailand >> 3/22/2015 - The mega petroleum expo featuring: The 5th edition of Oil & Gas Thailand (OGET) 2015 and Petrochemical Asia 2015, is the only specialized oil & gas technology and petrochemical technology event in Tha...

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