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Month: March 2018

Category:
  • Saudi Arabia
  • USA

Saudi Aramco makes $10B handshake with U.S. firms

Oil and gas services company Schlumberger among the handful of companies involved in a multi-billion dollar investment forum with Saudi Aramco. Photo courtesy of Saudi Aramco March 28 (UPI) — Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Iraq

Iraqi oil minister mulls northern provincial reconstruction

Oil companies working in northern Iraq have been called on to assist with a reconstruction campaign that began after liberation from ISIS, the oil minister said. Iraqi Oil Minister Jabar Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Qatar
  • Russia

Rosneft to open research center in Qatar, as cooperation with OPEC members grows

Rosneft said Thursday that it has agreed to open a research and development center focusing on petrochemicals and shipbuilding technology in Qatar, following several meetings between Russian and Qatari officials Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: FAAC Meeting Deadlocked Over Discrepancies in NNPC Revenue

The three tiers of government couldn’t share revenue for the month of February owing to discrepancies of about N37.76 billion in revenue presented by the Nigeria National Petroleum Corporation (NNPC). Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: PENGASSAN, Oil Companies’ Dispute Deepens

The labour dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the oil service firms has worsened despite efforts by Petroleum Technology Association of Nigeria Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Mexico

Mexico expects $8 billion from offshore oil and gas auction

Mexico’s government estimates more than $8 billion will be invested over the lifetime of oil and gas contracts awarded in shallow waters in the Gulf of Mexico. The government said Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • China
  • USA

Chinese lender gets in line behind Alaska LNG project

A major Chinese bank is among the financial entities tasked with raising equity to develop a liquefied natural gas project in Alaska, the developer said. Alaska Gasline Development Corp. wants Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • exports
  • USA

U.S. Oil & Gas Exports Hit All-Time High

U.S. energy exports rose to record levels last year, with both petroleum and natural gas posting record-highs as the shale boom and the second full year of no restrictions on Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • China
  • LNG

The End Of The Status Quo In LNG Markets

Chinese state-owned oil and gas giant PetroChina is planning to replace its oil-linked long-term LNG contracts with shorter, more flexible deals, a senior company official said late last week as Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple
Category:
  • Mexico

Mexico May Have Just Held Its Last Oil Auction

In what may be Mexico’s last oil auction amid a possible presidential election shakeup, the Mexican authorities on Tuesday auctioned off 35 oil and gas areas, awarding its first blocks Continue Reading

Posted On : 29 Mar 2018 Published By : Tom Whipple

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