Latest news
Rosneft and BP achieve dissolution of the refining joint venture Ruhr Oel GmbH in Germany
Russian oil giant Rosneft and its shareholder BP unveiled the completion of the deal to dissolve the refining and petrochemical Joint Venture Ruhr Oel GmbH (ROG) in Germany with effect from January 1, 2017.
read more... 30/12/2016
Socar and BP’s consortium to extend the development of Azeri-Chirag-Gunashli oilfields until 2050
Azerbaijan’s energy major SOCAR and BP-operated Azerbaijan International Operating Company (AIOC) signed a deal to extend the development the Azeri biggest fields by a quarter of century to 2050.
read more... 26/12/2016
Total to acquire Petrobras upstream and downstream interests in Brazil
French energy giant Total has agreed to acquire certain upstream and downstream interests of Petrobras in Brazil in a deal worth US$2.2 billion.
read more... 23/12/2016
Rosneft sells a 19.5% stake for $11 bn
Russia has sold a 19.5% stake in state-controlled oil major Rosneft to a consortium of Glencore and Qatar Investment Authority sovereign-wealth fund for €10.2bn ($11bn).
read more... 08/12/2016
Statoil has been awarded licences in Mexico’s deepwater round
Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.
read more... 07/12/2016