Latest news

Equinor set to drill Mist well

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.

read more... 20/12/2019


Angola: Total Invests Usd 2.5 Billion in Block 17

French oil company Total will invest USD 2.5 billion in Angolan offshore block 17 by 2023, which will allow the Angolan subsidiary to add more than 100,000 barrels of crude to its daily production.

read more... 17/12/2019


Chevron, Total sanction $5.7bn development of Anchor oil field

Chevron and Total to move ahead with development of Anchor oil field. Photo: courtesy of C Morrison from Pixabay.

read more... 13/12/2019


Japan lines up Russian Arctic oil investment

Japan’s government and its state-owned oil group have emerged as leading contenders for a stake in Rosneft’s $157bn Arctic project.

read more... 12/12/2019


Russia Set to Overshoot Oil Quota Yet Again Ahead of OPEC Talks

Russia, OPEC’s largest ally in a deal to cut oil production, is once again failing to keep its side of the bargain.

read more... 28/11/2019