BHP Billiton reported a surge in underlying full-year profits and said it would exit its underperforming US shale oil and gas business.
Source: Offshore
BHP To Quit US Shale Business As Annual Profit Surges
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Total has overtaken rival Shell to become the second-largest producer in the North Sea with its acquisition of Maersk’s Norwegian and UK producing assets.
Source: Offshore
Total Overtakes Shell In North Sea Where Appetite For Assets Remains High
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John Watson, who has led Chevron since 2010, is planning to step down as the oil major seeks a new CEO, the Wall Street Journal says.
Source: Offshore
Chevron's Watson Said to Plan to Step Down, Journal Reports
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Chris Wilson, President Australia West, ConocoPhilips, says Darwin LNG has promising options for backfill and expansion opportunities.
Source: Offshore
ConocoPhillips Looks to Backfill for Darwin LNG
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Oil inched up, lifted by expectations of another crude stockpile drawdown in the US but price gains were limited amid the reopening of Libya’s largest oil field.
Source: Offshore
Oil Prices Climb As Traders Eye Another US Crude Drawdown
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Angolan President, José Eduardo dos Santos, has inaugurated the Unidade Operativa flyover, aiming to improve the dormant traffic condition on Deolinda Rodrigues Avenue
Source: African Review
New flyover inaugurated in Angola to reduce traffic
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Sinopec Engineering won 17.8 billion yuan ($2.67 billion) of new contracts in the first half.
Source: Offshore
Sinopec Engineering Arm Taps Asia Petrochemicals Growth
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Ghana’s President Nana Akufo-Addo plans to sign an agreement to import LNG from Equatorial Guinea during his three-day visit.
Source: Offshore
Ghana, Equatorial Guinea Presidents To Sign LNG Deal
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Sinopec’s Shengli Oilfield says it will cut its Internet connection for some of its offices, the company says.
Source: Offshore
Shengli Oilfield Cuts Internet For Some Offices After Cyber Attack
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Ten US sailors were missing after a US warship collided with an oil tanker east of Singapore before dawn on Monday.
Source: Offshore
Ten Sailors Missing After US Warship, Tanker Collide Near Singapore
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