For the second time in a month, a major fire rages at one of Lukoil’s facilities in the Komi Republic.
Moscow confirms that federal financing will be granted to the building of a new road connection to the Pechora Sea. The road is likely to be of key importance for Rosneft’s new Arctic project.
Russia's Pacific port of Kozmino plans to export 24.6 million tonnes of oil this year (494,000 barrels per day), up from 21.3 million tonnes last year, Deputy Energy Minister Kirill Molodtsov said on Tuesday.
Fine Tubes has been awarded a major order by FMC Technologies for the supply of advanced tubing for Total's offshore Egina project, the company reported in a news release.
Boyko Borisov, ex Bulgarian Prime Minister and leader of center-right party GERB, has vowed transparent oil and gas exploration tenders as soon as the party returns to power.
Mexico's senate began discussions Tuesday on enabling legislation to implement historic constitutional reform opening the country's oil industry to foreign investment for the first time since 1938.
The Russian government has confirmed its Plan for the overall stimulation of hydrocarbon production on the Russian continental shelf in the Russian section of the Caspian Sea, the Russian Energy Ministry has reported. The Plan was first presented in 2012, during a meeti
Operating through its subsidiary TriOil Resources Ltd. (“TriOil”), PKN ORLEN has completed its acquisition of Canadian-based oil and gas producer, Birchill Exploration LP at total price of CAD 255.6 million, which is around PLN 707.5 million.
Baker Hughes Incorporated (NYSE: BHI) has appointed Greg Brenneman, chairman of CCMP Capital Advisors, LLC (CCMP Capital), and W.H.
Zeta Petroleum plc, the ASX listed oil and gas exploration and production company, announces an update in relation to the proposed acquisition of an interest in an oil concession in Romania, further details of which were originally announced on 22 July 2013.