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05.03.2014 Malaysia’s Petronas to sell stake in Canadian LNG project

Petroliam Nasional Bhd., Malaysia’s state oil company, will sign an agreement to sell 10 percent of its liquefied natural gas project in Canada to an Indian company on March 7, its chief executive officer said, Bloomberg reported on March 4.

03.03.2014 Subsea 7 awarded $75 million contract by ExxonMobil Canada

Subsea 7 S.A. on February 28 announced the award of a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties.

20.02.2014 Devon sells Canadian conventional assets

Devon Energy Corporation (NYSE:DVN) on February 19 announced that it has entered into a definitive agreement to sell the majority of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion, or US$2.8 billion using the current exchange r

18.02.2014 Taipan Resources upbeat on oil in Kenya

The Canadian oil and gas company, Taipan Resources, has estimated that its exploration basin in northern Kenya could have as much as 1.6 billion barrels of crude deposits, Xinhua reported on February 17.

14.02.2014 Canada’s Quebec approves oil exploration project on Anticosti Island

The Quebec government has given the green light for oil exploration on Anticosti Island. Premier Pauline Marois announced on February 12 afternoon that Quebec and private partners will begin work this summer, Montreal Gazette reported on February 13.

14.02.2014 Canada’s Cenovus oil sands production up 14% in 2013

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver on its commitments in 2013, increasing oil sands production 14% and maintaining a strong balance sheet as it expanded its oil operations, Cenovus press service said on February 13.

11.02.2014 Oryx announces commercial discovery in Kurdistan

Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") on February 10 announced that it has submitted a letter to the Kurdistan Regional Government of Iraq ("KRG") and to the members of the Management Committee for the Hawler License Area, advising th

10.02.2014 Baytex Energy to buy Aurora Oil

Baytex Energy Corp. (BTE) agreed to buy Aurora Oil & Gas Ltd. for C$1.8 billion ($1.63 billion) in cash to expand its U.S. shale portfolio, in the Canadian heavy-crude producer’s biggest purchase, Bloomberg reported on February 7.

07.02.2014 Norway’s Statoil earnings down in 2013

Statoil's (OSE:STL, NYSE:STO) fourth quarter 2013 net operating income was NOK 43.9 billion, Statoil’s press office said on February 7.

31.01.2014 Norway’s Statoil swap Canadian oil sands assets with Thailand’s PTTEP

Statoil and the Thai exploration and production company PTTEP have signed an agreement to divide their respective interests in the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, Statoil’s press office said on January 30.