Oil & Gas Companies News

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...
Fluor Tops FORTUNE Magazine’s Most Admired Companies List
United States >> 2/24/2015 - Fluor Corporation was named by FORTUNE as the top-ranked engineering and construction company in its 2015 World’s Most Admired Companies list. For the fourth year in a row, Fluor earned the top design...
Brazil Prosecutors Sue Petrobras Suppliers for $1.6b on Fraud
Brazil >> 2/20/2015 - Brazilian prosecutors filed lawsuits against six construction and engineering groups, seeking 4.47 billion reais ($1.55 billion) in damages in connection with a contract-fixing, bribery and political ...
Andes Energia Provides Operational Update
Colombia >> 2/19/2015 - The Board of Andes is pleased to provide an update on the Company´s operating performance. Several activities have been carried out over recent months in order to develop the acreage, increase current...
Kea Petroleum to Launch Review of Its Strategic Options
New Zealand >> 2/17/2015 - Kea Petroleum is launching a review of the strategic options open to the Company with the intention of considering all opportunities for maximizing value for shareholders. Accordingly, the Company is ...
PGS Wins Patent Dispute with EMGS
Norway >> 2/16/2015 - Petroleum Geo-Services ASA announces that Oslo District Court in its judgment of 13 February 2015 ruled in favor of PGS in the lawsuit filed by ElectroMagnetic GeoServices ASA ('EMGS') against PGS for...
COSL Received Endorsement for Proactivity in Corporate Social Responsibility
China >> 2/16/2015 - Zhanjiang operating company of shipping division of China Oilfield Services Limited (COSL) was recently named an “Advanced Social Rescue Force Unit” by a rescue sub-branch under Sanya City Government ...
Peru to Review Pluspetrol Contract after Deadly Protests
Argentina >> 2/12/2015 - Peru will evaluate a natural gas contract it signed with Pluspetrol in 2005 and is asking the Argentine company to leave a restive Amazonian town following deadly protests there, the government said. ...
New Import Substitution Department Launched at Gazprom Neft
Russia >> 2/11/2015 - A new department focusing on technological partnerships and import substitution has been established within Gazprom Neft. The core objective of this new department will be the consistent and ongoing m...
CNPC & CASIC Sign Strategic Cooperation Framework Agreement
China >> 2/9/2015 - A strategic cooperation framework agreement was signed between CNPC and China Aerospace Science & Industry Corporation (CASIC) in Beijing. CNPC President Liao Yongyuan and CASIC President Cao Jianguo ...

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