Latest Oil & Gas News
Egypt To Halve Arrears With Oil Companies In Coming Weeks
Egypt expects to cut the $3.5 billion euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister says.
First Workers Complete New Industry Training Standard
The first downstream oil and gas workers successfully complete safety-critical training under a new industry standard, OPITO reveals.
More Offshore Drilling Firms Likely to Face Similar Situation to Ocean Rig
Many offshore drilling companies are facing a similar situation to Ocean Rig, which filed for Chapter 15 bankruptcy protection in the US Tuesday, and it is likely that more will follow suit.
Mexico, UK Strengthen Ties with 5-Day Subsea Learning Event
Senior figures from Mexico's national oil company, Pemex, strengthen ties with the UK subsea industry with a 5-day subsea learning event in Aberdeen.
Gazprom Germania To Cut Jobs In Restructuring Move
Gazprom Germania, the Berlin-based subsidiary of Russian gas giant Gazprom, will reduce its staff in Germany as it restructures operations, Gazprom officials say.