The 14th International Petroleum &Natural Gas Summit
Opening Countdown：
Days
Fugro has been awarded a contract by Esso Exploration and Production Guyana Ltd., an Exxon Mobil affiliate, for survey services at a deepwater field development offshore Guyana. The contract provides for an autonomous underwater vehicle (AU......【more】
2015-12-23Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG Group Plc to the offer price shows that a further steep drop in oil prices could still put the deal in doubt. BGs discount......【more】
2015-12-22Baker Hughes has announced the commercial release of its CENesis PHASE multiphase encapsulated production solution, which helps operators avoid production interruptions in unconventional wells. Designed to separate natural gas from the oil......【more】
2015-12-21Cameron announced Thursday that its stockholders have overwhelmingly voted to adopt the merger agreement providing for the acquisition of Cameron by a wholly owned subsidiary of Schlumberger Ltd. Upon completion of the transaction, each sha......【more】
2015-12-18NEW YORK (Bloomberg) -- Oil was little changed after its biggest monthly decline since July as OPEC ministers arrive in Vienna ahead of this weeks policy meeting. West Texas Intermediate futures swung between gains and losses. Saudi Arabia......【more】
2015-12-17VIENNA, Austria (Bloomberg) -- OPEC will maintain production at current levels and refrained from setting an official output target, a continuation of the Saudi Arabian-led policy thats driven prices to a six-year low. The Organization of P......【more】
2015-12-17VIENNA, Austria (Bloomberg) -- OPECs new free-for-all production stance could lift the lid on millions of barrels of additional crude supply next year. Everyone does whatever they want now that the Organization of Petroleum Exporting Countr......【more】
2015-12-17CALGARY (Bloomberg) -- For Canadas oil industry, the bad news wont stop. With OPECs decision on Friday to keep pumping oil in the face of a glut and prices for the commodity falling to their lowest level since 2009, Canadian producers are o......【more】
2015-12-17DAR ES SALAAM, Tanzania (Bloomberg) -- Statoil ASA is seeking clarification on Tanzanias new petroleum law and wants to learn how it will affect companies like itself already operating in the nation, local commercial manager Oivind Holm Kar......【more】
2015-12-17CHICAGO (Bloomberg) -- Some of the biggest oil explorers in the Western Hemisphere are cutting budgets yet again to conserve cash as a plunge in energy markets shows no signs of abating. ConocoPhillips will reduce capital spending by 25% ne......【more】
2015-12-17WASHINGTON (Bloomberg) -- House Democrats are now open to lifting the 40-year-ban on U.S. crude-oil exports, negotiating with Republicans in hopes of extracting trade-offs in exchange for a top Republican priority, a Democratic leadership a......【more】
2015-12-17OSLO, Norway (Bloomberg) -- The collapse of oil prices has claimed its first bankruptcy victim in Norways offshore industry, and analysts warn more may follow. Dolphin Group ASA, a seismic surveyor that maps the seabed for oil and gas reser......【more】
2015-12-17The opening of Mexicos oil industry is warming up after a slow start. Mexico awarded all of its 25 onshore fields auctioned Tuesday, defying the six-year low in crude prices that has dogged the worldwide oil industry. Previous sales receive......【more】
2015-12-17WASHINGTON -- A sharp depreciation in the value of Russias currency ruble added further pressure to the countrys economy already weakened by plunging oil prices and Western sanctions, leading US experts said. The oil-dependent economy, they......【more】
2014-12-25The governments move to ease import restrictions on genetically modified corn may drive down domestic prices for the crop, which is already uncompetitive on the international markets, raising concerns among local farmers struggling with ris......【more】
2014-12-25
