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Latest Oil & Gas News

Friday, June 23, 2017

Latest Oil & Gas News

TRACE Secures INPEX Deal, Creates Jobs
TRACE has been awarded a 6-year contract by INPEX for maintenance services to support the operation of the Ichthys LNG onshore facilities in Darwin.

French Energy Minister Confirms No New Permits for Exploration
The French energy minister Nicolas Hulot confirms that there will be no new permits for oil and gas exploration in the country.

Essar Oil's Creditors Approve $12.9B Rosneft Takeover
Creditor banks to India's Essar Oil approve the acquisition of the company by a group including Russia's Rosneft.

Big Oil Turns To Big Data To Save Big Money On Drilling
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.

Hellenic Petroleum Five-Month Pretax Profit At 246MM Euros
Greece's biggest oil refiner Hellenic Petroleum had a pretax profit of 246 million euros ($274.8 million).






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