Saudi Arabia continued to lead OPEC’s efforts to cut production, helping the organization get closer to a goal set out in a historic accord last year.
Source: Offshore
Saudis Still Bear Brunt of Oil Cuts as OPEC Output Drops
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Wood Group completes a 7 month front end engineering design (FEED) development for Noble Energy’s leviathan field development project in the Eastern Mediterranean Sea.
Source: Offshore
Wood Group Completes Leviathan FEED Project
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Canadian Natural Resources Ltd says its 4Q profit rose more than fourfold, helped by higher sales volumes and realized prices from North America.
Source: Offshore
Canadian Natural Resources' Profit Jumps On Higher Sales Volume, Prices
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China’s Sinopec group will invest $29.05 billion to upgrade 4 refining bases between 2016 and 2020 to produce higher-quality fuels, the company says.
Source: Offshore
China's Sinopec To Spend B Upgrading Four Refining Bases
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The Oil and Gas Authority (OGA) appoints Tom Wheeler as Director of Regulation, effective immediately, following the retirement of Simon Toole.
Source: Offshore
OGA Appoints New Director
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Ethiopia’s Genale Dawa III dam that is planned to generate more than 250MW is near completion, the government announced on Tuesday
Source: African Review
Genale Dawa III dam is near completion which will enhance Ethiopia's energy capacity
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In its 2016 full year audited results presented on the floor of the Nigerian Stock Exchange in Lagos yesterday, Dangote Cement sold 8.6mn metric tons of cement outside Nigeria, which is 54 per cent more than what was sold in 2015 Source: African Review Dangote ends Nigeria’s Cement importation and now exports 0.4mn mt cement…
DetailsThe Norwegian Petroleum Directorate grants Statoil Petroleum AS a drilling permit for appraisal well 6507/3-12 A, located in production license 159B.
Source: Offshore
NPD Grants Statoil Appraisal Well Drilling Permit
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Russian oil production fell in February to slightly above 1.515 million tons per day, or 11.10 million barrels per day (bpd), down from a level of 11.247 million bpd reached in October.
Source: Offshore
Russia Cuts Oil Production To 11.1 MM Bpd In Feb
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Exxon Neftegaz, the operator of Russian Sakhalin-1 project, has stopped gas supplies to a domestic Russian gas pipeline due to an accident, the energy ministry says.
Source: Offshore
Exxon's Russian Unit Stops Gas Supplies From Sakhalin-1 Due To Accident
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