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AOG Daily: 2018 / November

Thursday, 01 November 2018 06:54

Petoro Flags Rising Costs for Oil Industry

Norway's oil industry must harness digital technology and foster deeper partnerships across the sector to contain rising costs, Petoro, which manages the government's stakes in…
Talks between Brazil's Petroleo Brasileiro SA and France's Engie over the latter's acquisition of pipeline company TAG are not expected to end before February or…
Canada's Encana Corp will buy Newfield Exploration Co for $5.5 billion, giving the natural gas producer greater access to North America's biggest oilfields. Photo: Encana…
Thursday, 01 November 2018 06:14

Australian Firm Finds Oil, Gas in Zimbabwe

Zimbabwe's President Emmerson Mnangagwa said on Thursday that Australia's Invictus Energy had found oil and gas deposits in the northern Muzarabani area of the country.Invictus…
Thursday, 01 November 2018 05:41

Shell CFO Sees Oil Industry Cost Inflation

Royal Dutch Shell Chief Financial Officer Jessica Uhl said on Wednesday wages and services costs in the oil and gas industry around the world have…
Suncor Energy Inc , Canada's second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with…
Thursday, 01 November 2018 05:27

Oil Exports from Iraqi Southern Ports Slide

Iraq's oil exports from southern ports on the Gulf averaged 3.469 million barrels per day (bpd) in October, lower than the September average, the oil…
Thursday, 01 November 2018 05:21

Noble Energy Beats Street

U.S. oil and gas producer Noble Energy Inc reported a better-than-expected quarterly profit on Thursday, as the company boosted oil production and sold at higher…
Thursday, 01 November 2018 05:16

Hindustan Petroleum Profit Dives

State-owned refiner Hindustan Petroleum Corp Ltd posted a 37.1 percent fall in second-quarter profit on Thursday, dented by rising costs amid higher raw material and…
Thursday, 01 November 2018 05:13

Marathon Petroleum Profits Miss

U.S. oil refiner Marathon Petroleum's third-quarter profit missed Wall Street estimates on Thursday, as higher costs offset gains from cheaper crude. (Photo: Marathon Petroleum) Marathon…
Thursday, 01 November 2018 05:01

Shell Profits Soar Featured

Royal Dutch Shell's profits soared to a four-year high in the third quarter, boosted by rising oil and gas prices as the company accelerated its…
London-based BP Plc BP has completed the $10.5-billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore…
MHI Vestas Offshore Wind, a  joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract  with CS Wind/Chin Fong the local…
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost…
Australian oil and gas production and exploration company Triangle Energy (TEG) has entered a farmout deal with fellow oil junior Key Petroleum to acquire a…
Wednesday, 31 October 2018 20:10

Blue-Gift to Implement Marine Power Project

The European Marine Energy Center (Emec) in Orkney, Scotland, will lead a project to support the development of wave and tidal power in coastal areas…
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