Latest news
Statoil manager remains to dividend policy in spite of low oil prices
Norwegian oil and gas producer Statoil will keep on making dividend payments a major priority even if oil prices have decreased more sharply than it anticipated, obliging it to be selective over projects, as stated by its acting chief executive.
read more... 09/01/2015
Statoil launched its Valemon offshore oil and gas field
Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.
read more... 06/01/2015
UK: BP confirms oil production from Kinnoull field in Central North Sea
UK’s oil major BP unveiled the start of oil production from Kinnoull field in the central North Sea, marking BP’s seventh and final major upstream project start-up in 2014.
read more... 05/01/2015
Croatian government grants 10 hydrocarbon exploration licences off Adriatic coast
The Croatian government on Friday awarded 10 licences to explore for oil and gas off Croatia’s Adriatic coast.
read more... 05/01/2015
Repsol to purchase Talisman Energy for large premium
Spain's Repsol has decided to purchase Talisman Energy, Canada's fifth-biggest independent oil producer, for $8.3 billion since the decline in oil prices urges firms to take the plunge on huge M&A transactions.
read more... 17/12/2014