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Occidental Petroleum to buy energy producer CrownRock in $12bn deal

Occidental Petroleum to buy energy producer CrownRock in $12bn deal Purchase is latest in series of big takeovers in oil…
International

Shell to invest $5bn into Nigeria’s offshore oil production

Shell to invest $5bn into Nigeria’s offshore oil production   Amid uncertainties regarding foreign investment in Nigeria, Shell has taken…
International

Woodside, Santos confirm merger talks to create $52bn energy giant

Woodside, Santos confirm merger talks to create $52bn energy giant   The potential deal, if executed, would create the biggest…
International

Woodside in talks with Santos to form $52 billion Australian gas giant

Woodside in talks with Santos to form $52 billion Australian gas giant   SYDNEY, Dec 7 (Reuters) – Australia’s Woodside…
International

First oil still on track as BP spuds production well from brand-new platform off Azerbaijan

First oil still on track as BP spuds production well from brand-new platform off Azerbaijan   UK-headquartered energy giant BP…
International

Vår Energi preparing to spud wildcat with Transocean rig

Vår Energi preparing to spud wildcat with Transocean rig   Norwegian oil and gas player Vår Energi has secured a…
International

Venezuela Orders “Immediate” Start of Oil Exploration in Disputed Territory

Venezuela Orders “Immediate” Start of Oil Exploration in Disputed Territory   Venezuela’s president, Nicolas Maduro, has ordered the immediate start…
International

MODEC hires Seatrium for Brazil-bound FPSO topside modules fabrication project

MODEC hires Seatrium for Brazil-bound FPSO topside modules fabrication project   BrasFELS Shipyard (BrasFELS), a member of the Singapore-headquartered Seatrium…
International

OKEA Postpones Close of Statfjord Acquisition from Equinor

OKEA Postpones Close of Statfjord Acquisition from Equinor   The closing of OKEA’s acquisition of a 28 percent working interest…
International

INEOS completes the acquisition of the Eastman Texas City Site

INEOS completes the acquisition of the Eastman Texas City Site   The deal includes the 600kt Acetic Acid plant and…

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