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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…
Sunday, 04 August 2019 20:09

Petronas Signs Offshore Deal with Gabon

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with Gabon for two exploration permits after…
U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row as…
Thursday, 01 August 2019 16:21

MOL Group On Track to Meet 2019 Guidance

Hungarian international oil and gas company MOL Group delivered an EBITDA of USD 1.15bn in H1 2019, exactly half of…
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