Feed on Feeds - Shared Items from News Oil & GAS by Jadel Ltd

German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, 3 banking sources say.
India's imports of African crude oil in October plunged to their lowest in over 4 years, turning to the United States and Middle East.
Brazilian state-controlled oil company Petroleo Brasileiro secures $1B in financing from a banking syndicate headed by Standard Chartered PLC.
US refineries are struggling to meet booming demand for distillate fuel oil at home and in export markets.
Romanian prosecutors have decided to close a criminal case against Russia's Petrotel Lukoil refinery.
Schlumberger's Sudhir Pai talks robotics, the downturn and more with Rigzone.
Oil rebounded more than 2% on Friday after falling for five straight sessions.
Canadian heavy crude prices and TransCanada shares slid as officials in Nebraska mulled whether to approve another pipeline proposed by the company.
India's state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.
German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, 3 banking sources say.
The Norwegian Petroleum Directorate (NPD) grants consent for the start-up of production from the Maria field in the Norwegian Sea.
Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.
A High Court judge in London rules in favour of creditors in a case over the validity of the purchase undertaking for about $700 million of Islamic bonds issued by the UAE's Dana Gas.
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.
There are still 'strong opportunities' available for engineering firms in the offshore oil and gas sector with the capacity to deliver fast, innovative projects.
The Norwegian Petroleum Directorate (NPD) grants consent for the start-up of production from the Maria field in the Norwegian Sea.
Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.
Schlumberger's Sudhir Pai talks robotics, the downturn and more with Rigzone.
There are still 'strong opportunities' available for engineering firms in the offshore oil and gas sector with the capacity to deliver fast, innovative projects.
Norway's proposal to sell off $35B in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change.
Norway's proposal to sell off $35B in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change.
Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.
There are still 'strong opportunities' available for engineering firms in the offshore oil and gas sector with the capacity to deliver fast, innovative projects.
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.
Schlumberger's Sudhir Pai talks robotics, the downturn and more with Rigzone.
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).
Brazilian state-controlled oil company Petroleo Brasileiro secures $1B in financing from a banking syndicate headed by Standard Chartered PLC.
A High Court judge in London rules in favour of creditors in a case over the validity of the purchase undertaking for about $700 million of Islamic bonds issued by the UAE's Dana Gas.
Oil rebounded more than 2% on Friday after falling for five straight sessions.
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.
Oil prices ended lower again on increased concerns about growth in US production and inventories.
Offshore oil drilling and service companies are dominating the year's energy bankruptcies in North America, according to law firm Haynes and Boone.
Zhenhua Oil will supply diesel to Iraqi state-oil marketer SOMO through a term contract for the first time.
UK offshore oil and gas industry trade body, Oil & Gas UK, strengthens its partnership with the Society of Petroleum Engineers' Aberdeen branch.
Offshore oil drilling and service companies are dominating the year's energy bankruptcies in North America, according to law firm Haynes and Boone.
Premier Oil is seeking buyers for a 25% stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam.
Hamm blames overly optimistic government production predictions for depressing US oil prices.
Wentworth Resources Limited is relocating its head office and executive management team from Calgary, Canada, to London, UK, as part of a 'restructuring process'.
BHP Billiton hopes to fully divest its troubled U.S. onshore shale business in around 2 years.
A consortium behind a LNG import project in Pakistan has been dissolved.
Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July.
'Artificial lift first' mindset will help companies win in unconventionals, says ASME Fellow.
Trade group expects strong holiday sales at c-stores.
BiFab workers and their families have rallied in Edinburgh, Scotland, to urge members of parliament to help staff at the energy services firm, which is facing the threat of administration.
'Artificial lift first' mindset will help companies win in unconventionals, says ASME Fellow.
UK offshore oil and gas industry trade body, Oil & Gas UK, strengthens its partnership with the Society of Petroleum Engineers' Aberdeen branch.
Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July.
Wentworth Resources Limited is relocating its head office and executive management team from Calgary, Canada, to London, UK, as part of a 'restructuring process'.
Oil prices ended lower again on increased concerns about growth in US production and inventories.
BiFab workers and their families have rallied in Edinburgh, Scotland, to urge members of parliament to help staff at the energy services firm, which is facing the threat of administration.
Trade group expects strong holiday sales at c-stores.
The man overseeing western Europe's biggest crude spigot is fighting back against the oil doubters.
What are oil and gas companies doing to embrace robotics and automation and what type of workers do they need to execute these missions?
The UK carbon capture and storage (CCS) industry could create more than 225,000 jobs in the region by 2060.
A new report suggests that African Americans face disproportionate health risks than other races due to pollution from oil and gas.
Fundamental conditions in the oil market are continuing to improve, that is the key takeaway of research note sent to Rigzone recently by investment banking firm Jefferies.
The UK carbon capture and storage (CCS) industry could create more than 225,000 jobs in the region by 2060.
A new report suggests that African Americans face disproportionate health risks than other races due to pollution from oil and gas.
Oil prices dropped after the US government reported an unexpected increase in crude and gasoline stockpiles.
What are oil and gas companies doing to embrace robotics and automation and what type of workers do they need to execute these missions?
BP Plc will begin share buybacks, making it the first major European energy company to resume buybacks since the 2014 price slump.
Fundamental conditions in the oil market are continuing to improve, that is the key takeaway of research note sent to Rigzone recently by investment banking firm Jefferies.
Rosneft will invest more than $2 billion in Egypt's Zohr gas field in the next four years, the company says.
Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given its interests in the U.S. market, its chief executive told CNN.
Oil producers discouraged by the rising cost of accessing the vast deposits of the Permian Basin are sneaking into a geological back door, through neighboring New Mexico.
The Industry Technology Facilitator and Norwegian Energy Partners to host joint technology hackathon events in an effort to tackle operator late life and decommissioning challenges in the North Sea.
Shares in Singapore-listed Noble Group tumble as much as 12.7% after Jeffrey Frase resigns as co-chief executive officer.
Oil prices fall for a third day in a row on forecasts for rising U.S. crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).
The Industry Technology Facilitator and Norwegian Energy Partners to host joint technology hackathon events in an effort to tackle operator late life and decommissioning challenges in the North Sea.
Eni SpA enters into an exploration and production sharing agreement (EPSA) for Block 52, located offshore Oman.
The GMB union urges the Scottish government and industry stakeholders to pull together and 'battle' for energy services firm BiFab, which is facing administration.
The world's consumers are not yet ready to say goodbye to the era of oil.
British High Court judge George Leggatt says he would not further adjourn a trial over about $700 million of outstanding Islamic bonds issued by United Arab Emirates firm Dana Gas.
Oman's Duqm Refinery and Petrochemical Industries Co will approach banks in about 2 weeks for the debt financing it needs to back a $6 billion refinery project.
Commodities trader Noble Group says Jeffrey Frase resigns as co-chief executive officer (CEO) and global head of oil liquids.
ExxonMobil is drilling shale wells that stretch farther than the length of New York's Central Park.
Ghana has opened talks with ExxonMobil to allow the US oil firm to undertake deepwater exploration off its coast, a deputy energy minister says.
A group of activists is trying to put a stop to Norway's Arctic oil exploration and forcing the country to defend itself in the first court case of its kind.
Kenya's government has proposed in a draft bill to give 30% of prospective oil revenue to the community where the resource was discovered.
An explosion caused a fire in an oil pipeline in Bahrain, the Interior Ministry said.
The US biofuels industry, fresh off a win against Big Oil, is lining up for a fight with Brazil.
Crude was down slightly as expectations that OPEC and other producers will extend their production cut agreement were offset.
Rapidly changing business and market conditions can send the supply chain into a tailspin and turn managing it effectively into a nightmare task.
Australia's North West Shelf LNG export plant suffered a partial outage on Friday morning.
Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most.
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.
Asian spot LNG prices rose this week on already tight supply and production outages in Australia and was further buoyed by climbing crude oil prices.
US energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015.
Several oil firms achieve high scores on HRC's corporate equality index, which rates Fortune 500 workplaces on their treatment of lesbian, gay, bisexual, transgender and queer employees.
The chances of a coordinated statement between OPEC and its non-OPEC partners on an extension of production cuts is 'increasingly unlikely'.
Oilfield services companies Tasman Oil Tools Group and OLIO Resources Sdn Bhd announce the launch of a new joint venture entity, OLIO Tasman Oil Tools Sdn Bhd.
Oilfield services company McDermott International Inc's engineering and procurement teams in Dubai, Chennai and Al Khobar will work on a 'major' contract award from a 'Middle East customer'.
Several oil firms achieve high scores on HRC's corporate equality index, which rates Fortune 500 workplaces on their treatment of lesbian, gay, bisexual, transgender and queer employees.
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.
Crude was down slightly as expectations that OPEC and other producers will extend their production cut agreement were offset.
The chances of a coordinated statement between OPEC and its non-OPEC partners on an extension of production cuts is 'increasingly unlikely'.
Rapidly changing business and market conditions can send the supply chain into a tailspin and turn managing it effectively into a nightmare task.
The US Department of Justice pledged to prosecute protesters who damage energy infrastructure in a move that could escalate tensions.