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Sinopec Corp has resumed operations at most of the oil and gas wells at its top-producing oilfield, Shengli in east…
Tuesday, 20 August 2019 04:31

Wood Sells Nuclear Unit for $305 Million

British oilfield services provider Wood Plc said on Tuesday it would sell its nuclear energy business for about $305 million…
Sunday, 18 August 2019 16:29

Gazprom Oil Touch 100mln Barrels at Badra

Russian oil producer Gazprom Neft said that its subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million…
Friday, 16 August 2019 08:40

US Drillers Add Oil Rigs

U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite…
Thursday, 15 August 2019 19:27

Gazprom Lead Oil and Gas Growth Worldwide

Russian giant Gazprom saw the most production growth among world’s exploration and production (E&P) companies during the five-year span from…
Thursday, 15 August 2019 04:51

Woodside H1 Profit Slumps

Woodside Petroleum flagged a challenging near-term outlook on Thursday as it grapples to win over its partners to back $34…
There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and…
Sunday, 11 August 2019 16:51

US Reduces Upstream Activity Abroad

Rystad Energy data reveals that from 2014 to 2018, companies in Asia which experienced a merger and acquisition showed the…
Monday, 05 August 2019 01:40

Chevron Profit Surges 26%

Chevron Corp reported a 26.3% jump in quarterly profit on Friday, as higher oil and gas production and a one-time…
Monday, 05 August 2019 01:34

Exxon Mobil Profit Sinks

Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third period in a row of weaker…
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