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Sakhalin Won ’the Russian Union of Industrialists & Entrepreneurs’ Award
Russia >> 3/20/2015 - Sakhalin Energy won the Russian Union of Industrialists and Entrepreneurs’ award "The Russian Business Leaders: Dynamics and Responsibility – 2014" in the main nomination "High Social Responsibility o...
Brazil Securities Regulator Fines Tycoon Batista $432,000
Brazil >> 3/18/2015 - Brazil's securities regulator fined former billionaire Eike Batista 1.4 million reais ($432,000) for failing to promptly let investors know about a takeover and the delisting of parts of his once-gian...
SBM Offshore Agrees to Cooperate in Probe of Petrobras Graft
Brazil >> 3/18/2015 - SBM Offshore NV signed a memorandum of understanding to cooperate with Brazilian authorities investigating companies for corrupt contracts with state-run Petroleo Brasileiro SA. ...
Ecopetrol to Examine Options for Campo Rubiales Field
Colombia >> 3/17/2015 - Colombia will examine the best financial and production options for running the nation's largest oil field after state-owned Ecopetrol declined to extend Canada-based Pacific Rubiales' contract to ope...
Serica to Voluntarily Delist from Toronto Stock Exchange
United Kingdom >> 3/17/2015 - Serica Energy plc has applied for voluntary delisting of its ordinary shares from the Toronto Stock Exchange (the "TSX"). Serica's shares are currently listed for trading on the TSX and the AIM market...
Nexen to Cut 400 Jobs in North America & UK
United States >> 3/17/2015 - Nexen Energy ULC (Nexen), a wholly-owned subsidiary of CNOOC Limited, has announced organizational changes that will reduce its North American workforce by approximately 340 employees. Nexen UK has al...
Pacific and Ecopetrol decide not to extend Rubiales Field Contract
Colombia >> 3/13/2015 - Pacific Rubiales Energy Corp. and Ecopetrol, S.A. announced that they have agreed not to extend the Rubiales and Pirir? Field Association Contracts, expiring in June 2016. Ecopetrol will evaluate diff...
Jiangsu Rudong JV Pipeline Company Limited Established
China >> 3/12/2015 - On March 9, the Jiangsu Rudong JV Pipeline Company was officially established in Shanghai by PetroChina, Shenergy (Group) Company Limited and Yangkou Port Company Limited, with each holding a share of...
Horn Petroleum to Become Africa Energy Corp in New Strategy
Canada >> 3/11/2015 - Horn Petroleum Corporation (Horn) has invoked a new corporate strategy to take advantage of the current downturn in oil prices and intends to aggressively pursue onshore and shallow-water upstream oil...
Brazil's Comptroller Opens Case Against more Petrobras Contractors
Brazil >> 3/11/2015 - Brazil's office of the comptroller general had opened a case against 10 additional firms that may be involved in a massive corruption scheme at state-run oil firm Petroleo Brasileiro SA . ...
Petrobras Set up CAASE and Provisional Ban
Brazil >> 3/6/2015 - Petrobras announces that its Executive Board, convened on March 5, 2015, has approved to set up Committees to Analyze the Application of Sanctions (CAASE) and provisional ban of the following companie...
Sinopec Receives Two Awards from the Geological Society of China
China >> 3/6/2015 - The Geological Society of China has recently announced the winners for the 2014 Top Ten Geological Prospecting Achievements Award and the 2014 Top Ten Geological Science and Technology Progress Award....
Appointment of the Lead Plaintiff in Class Action Filed in New York
Brazil >> 3/5/2015 - Petrobras announces that the presiding judge appointed Universities Superannuation Scheme, Ltd. as the lead plaintiff in the Class Action filed against Petrobras in the New York federal court. ...
Royal Dutch Shell Offers Scrip Dividend Programme in 2015
New Zealand >> 3/3/2015 - Royal Dutch Shell plc (Shell) announces that it intends to offer the option for shareholders to receive dividends in cash or in shares via a Scrip Dividend Programme (the “Programme”) with effect from...
Ferguson Group Expand into Thai Offshore Energy Market
Thailand >> 3/3/2015 - Ferguson Group Singapore, a specialist in the provision of DNV 2.7-1 / EN12079 offshore containers, reefers, tanks, waste skips, baskets, accommodation and engineering workspace modules is pleased to ...
Metso Appoints McHale Plant Sales Ltd Exclusive Agents in Ireland
Ireland >> 3/2/2015 - Metso, manufacturer of equipment used in quarrying, mining and oil and gas industries, has appointed McHale Plant Sales as exclusive agent in the Republic of Ireland and Northern Ireland for its mobil...
Department of Petroleum Resources Applauds Indigenous Involvement in Oil, Gas Events
Niger >> 2/26/2015 - The annual Upstream & Downstream (U&D) oil and gas exhibition received a boost for its acceptance and popularity in the industry by its endorsement by the Department of Petroleum Resources (DPR) and o...
Key Petroleum’s Relocation of Registered Office
Australia >> 2/25/2015 - Key Petroleum Limited advises that with effect from Wednesday, 25 February 2015 the relocation of its Registered Office and Principal Place of Business will be completed. The new address and contact d...
Why Albania will be in the News in the Upcoming Months
Albania >> 2/25/2015 - The country has proven to be exceptionally rich in renewable energy sources with most of its electricity generated by hydropower plants, but the increased electricity demand has led to regular power s...
AnTech Launches Saudi Arabian Presence
Saudi Arabia >> 2/25/2015 - Directional Coiled Tubing Drilling (DCTD) provider, AnTech Ltd, has officially launched its Saudi Arabian presence at its new premises in Al-Khobar. An integral part of the company’s global growth st...

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