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Latest Oil & Gas News

Friday, December 15, 2017

Latest Oil & Gas News

UKCS Operating Costs Drop
Operating costs in the UK Continental Shelf (UKCS) dropped by 14% in 2016, with operators securing reductions of approximately $1.5 billion.

Aker BP Submits $1.8B Field Development Plans
Aker BP ASA has submitted development plans for the AErfugl (formerly Snadd), Valhall Flank West and Skogul (formerly Storklakken) fields to the Norwegian Ministry of Petroleum and Energy.



Thursday, December 14, 2017

Latest Oil & Gas News

Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects
ExxonMobil and Petrobras form an alliance to develop energy projects around the world.

Trade Data: India's Nov Iran Oil Imports Skid To Lowest Since Feb 2016
India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data shows.

Cuba Takes Over Venezuela Stake In Refinery Joint Venture
Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media says.






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