PetroVietnam posts $11.3 billion in revenue between January and July, with crude oil and natural gas production reaching 10.32 million tons and 231.6 billion cubic feet, respectively.
Source: Offshore
PetroVietnam Posts Revenue of .3B in First Seven Months of 2016
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Rosneft makes discovery at the Wild Orchid gas condensate field in Block 06.1 in the Nam Con Son basin offshore Vietnam.
Source: Offshore
Rosneft Makes Discovery at Wild Orchid Gas Condensate Field Off Vietnam
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China’s crude oil production in July fell 8.1 percent from a year ago to the lowest since October 2011 on a daily basis, as low prices limit the incentive to keep some wells operating in the world’s fourth-largest oil producer.
Source: Offshore
China Crude Output Falls To Five-Year Low In July
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The Philippines special envoy to China, Fidel Ramos, says that Manila wants formal discussions with China to explore pathways to peace and cooperation after a meeting with former Chinese deputy foreign minister Fu Ying.
Source: Offshore
Ramos: Philippines Seeks Talks With China Amid South China Sea Tensions
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A study by Korn Ferry shows there are still significant disparities between women and male representation in the C-suite for energy companies.
Source: Offshore
Study: Women Make Up 6% of CEO Positions in Energy
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Sabine Oil & Gas Corporation confirms that its Chapter 11 Plan of Reorganization is now effective and revealed that it has emerged from bankruptcy as a private company.
Source: Offshore
Sabine Oil & Gas Emerges from Bankruptcy as Private Company
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PBFX enters into a letter of intent to acquire a 50% interest in Torrance Valley Pipeline Company LLC from an affiliate of PBF Energy Inc. for a total consideration of approximately $175 million.
Source: Offshore
PBFX Announces Intent to Acquire Torrance Valley Pipeline Stake
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A.P. Moller-Maersk kept its downbeat 2016 profit forecast on Friday as the Danish shipping and oil giant reported net profit way under expectations.
Source: Offshore
Maersk Q2 Net Profit Lags Forecast, Keeps Full-Year Profit Outlook
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A firebrand leftist who twice narrowly missed becoming Mexico’s president is riding high with a fresh bid for election in 2018, vowing to upend a landmark energy sector opening championed by President Enrique Pena Nieto.
Source: Offshore
In Third Bid to Lead Mexico, Fiery Leftist Puts Oil Feform in Crosshairs
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Scientific advisors find EPA’s draft assessment of hydraulic fracturing’s impact on drinking water lacking in several areas.
Source: Offshore
Scientific Board Requests More Data on EPA Fracking, Water Study
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