The new chief executive of Brazil’s state-run oil company Petrobras, at the center of a huge corruption scandal, says that the investigation would continue relentlessly with the full support of the board.
Source: Offshore
Petrobras CEO Vows Corruption Investigation Will Go On
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Crude prices around $50 a barrel are enough for Venezuela’s state oil producer to avoid a default on its debt, company president and national oil minister Eulogio Del Pino says in an interview.
Source: Offshore
Venezuela Says Oil At Enough To Avoid PDVSA Default
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Norway’s total oil and gas production declines month-on-month, according to preliminary figures from the Norwegian Petroleum Directorate (NPD).
Source: Offshore
Norwegian Production Figures Decline M-O-M
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Dresser-Rand’s EVP shares how she has been able to lead through an ever-changing market.
Source: Offshore
Leading through Change: Judy Marks Shares Her Experiences
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A consortium of Indian oil companies will pay just over $2 billion for a 23.9 percent stake in Russian oil producer Rosneft’s Vankor oil field, Interfax news agency cited sources as saying.
Source: Offshore
Interfax: Indian Consortium to Pay .1B for Stake in Rosneft's Vankor
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The Norwegian Petroleum Directorate grants Det norske oljeselskap ASA a drilling permit for well 25/10-15 S, located in production license 626 offshore Norway.
Source: Offshore
NPD Grants Det Norske North Sea Drilling Permit
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Chinese energy conglomerate Sinopec serves an arbitration notice to Spain’s Repsol demanding around $5.5 billion in compensation over a 2012 joint venture.
Source: Offshore
Sinopec Serves .5B Arbitration Notice To Repsol
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A high-stakes trial will open to determine if Dallas billionaire Kelcy Warren’s Energy Transfer Equity can back out of a $20 billion agreement to buy rival pipeline operator Williams Cos Inc.
Source: Offshore
Williams-ETE B Merger Heads to Courtroom Showdown
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Empire Oil and Gas plans to carry out remedial solutions in the last two quarters of this year at the Red Gully North-1 well in permit EP 389 in Western Australia.
Source: Offshore
Empire O&G Plans Remedial Solutions at RGN-1 Well in WA's Perth Basin
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U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report.
Source: Offshore
Baker Hughes: U.S. Oil Drillers add Rigs for Third Week In A Row
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