Privately run CEFC China Energy agrees to acquire a 35 percent stake in oil blocks in Chad from Taiwan’s state-owned Chinese Petroleum Corp for about $110 million, according to CEFC company executives.
Source: Offshore
China CEFC Acquires Stake In Chad Oil Blocks From Taiwan's CPC
{$excerpt:n}
Oil and gas companies have been deploying a raft of creative measures to stay afloat amid lower crude prices that have crimped profits and threatened their survival.
Source: Offshore
How 'Zombie' Oil Companies Stay Alive in Life-or-Death Debt Markets
{$excerpt:n}
Subsea 7 S.A. forms a development alliance with Det norske oljeselskap and Aker Solutions to cut costs.
Source: Offshore
Subsea 7 Forms Development Alliance with Det Norske, Aker Solutions
{$excerpt:n}
Demand for gas from Groningen will “fall sharply from 2020” as production at the northern Dutch field is reduced.
Source: Offshore
Demand For Groningen Gas Will Fall 'Sharply' From 2020
{$excerpt:n}
Energy executive Karen Karapetyan is named prime minister of Armenia a week after the abrupt resignation of his predecessor.
Source: Offshore
Energy Executive Karen Karapetyan Named As Armenian PM
{$excerpt:n}
The Johan Castberg project will be important to Norwegian Industry and will have strong ripple effects, according to a proposed impact assessment program distributed by Statoil Tuesday.
Source: Offshore
Johan Castberg Project Will Have Strong Ripple Effects
{$excerpt:n}
Job prospects remain bleak even as oil executives cautiously plot production and budget increases.
Source: Offshore
Jobless Recovery Looms For White-Collar US Oil Workers
{$excerpt:n}
Peak Oil: gone and forgotten? Google searches for the idea that once helped propel oil prices to nearly $150 per barrel dwindle to almost nothing.
Source: Offshore
Here's One Sign That 'Peak Oil' Is Dead
{$excerpt:n}
State-run Korea Gas Corp (KOGAS) signs a memorandum of understanding (MOU) with the Brazilian state of Ceara to cooperate on developing an LNG import terminal in Brazil.
Source: Offshore
KOGAS Signs MOU With Brazil's Ceara State On LNG Import Terminal Project
{$excerpt:n}
Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake.
Source: Offshore
Qatar Considers Joining Exxon's Mozambique Gas Move
{$excerpt:n}
