Eni has concluded an agreement with Sasol Petroleum International, the upstream O&G subsidiary of Sasol Limited, to acquire a 40% interest and Operatorship in the Exploration Right permit 236 (ER236) in South Africa.
Romania’s upstream oil and gas industry currently benefits from an attractive fiscal regime; however, significant changes are expected in the medium term as royalty-stability agreements and temporary taxes expire, says a new report from research
Aegion Corporation on April 29 announced the $150m purchase of integrated oil and gas services provider Brinderson and related entities. The Company expects to close the acquisition around 1 July.
Chevron Corporation (NYSE: CVX) is continuing to generate industry-leading operational and financial results and advancing key projects to drive future growth, executives said today at the company’s annual security analyst meeting in New York.
Mozambique and the Netherlands are discussing possibilities of cooperation in the natural gas sector, says the visiting Dutch Minister of Foreign Trade and Development Cooperation, Lilianne Ploumen, Bernama reported on February 19.
Having completed the first stage of a major processing upgrade in 2012, Serbia-based Naftna Industrija Srbije (NIS) is now also stepping up its upstream activities.
On October 17, Chinese Vice Premier Zhang Gaoli met with Igor Sechin, Rosneft President and Chairman of the Management Board and Executive Secretary of the commission on the strategic development of Russia's energy sector, in Diaoyutai State Guesthouse in Beijing, CNPC s
PKN ORLEN S.A., through its subsidiary ORLEN Upstream Sp. z o.o. has entered into an arrangement agreement with TriOil Resources Ltd.
Apache Corporation (NYSE, Nasdaq: APA) and Sinopec International Petroleum Exploration and Production Corporation today announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects.
Bloomberg reports that Apache Corp., the third-worst performer this year among a group of U.S.