Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reuters.
Source: Offshore
Trident Energy Looks To Invest In Southeast Asia Oil And Gas Assets
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Exxon Mobil Corporation announced Wednesday a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles northwest of the Hides Gas Field.
Source: Offshore
ExxonMobil: New Gas Discovery at Papua New Guinea Well
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Kuwait Energy said on Wednesday it signed a forward sale agreement with Vitol providing it with a financing facility for up to $100 million.
Source: Offshore
Kuwait Energy Says Signs 0M Financing Facility With Vitol
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Woolworths says it will sell its chain of petrol stations to BP for $1.3 billion.
Source: Offshore
Australia's Woolworths Sells Petrol Chain To BP For .3B
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India’s biggest oil and gas producer will pay as much as $1.2 billion to buy a majority stake in a gas field off the country’s east coast.
Source: Offshore
India's Top Oil Producer Spends .2 Billion to Buy Gas Block
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After pulling off the biggest oil-market deal in a decade, OPEC faces a new balancing act in 2017: boosting prices without igniting shale.
Source: Offshore
Shale Specter Haunts OPEC as Oil Seen Rallying Into 2017
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Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years.
Source: Offshore
Algeria's Sonatrach to Boost Output 20% With New Projects
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Russia’s Gazprom says it filed proposals with the European Commission aimed at resolving a five-year EU case.
Source: Offshore
Russia's Gazprom Files Proposals To EU Aimed At Ending Antitrust Case
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Russia’s second biggest oil producer Lukoil has appointed a new vice-president for sales and supplies.
Source: Offshore
Sources: Russia's Lukoil Appoints New VP For Sales And Supplies
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Oil gained 1.5%, continuing its year-end rally with support from expectations of tighter supply.
Source: Offshore
Oil Rallies In Thin Trade, Adds To Year's Gains
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