Oil & gas news
Canada's energy future
The NEB has released its latest report, entitled ‘Canada’s Energy Future 2016: Energy Supply and Demand Projections to 2040’.
Russian position on oil production moving, but deal still unlikely
Russian Energy Minister Alexander Novak confirmed Russia’s readiness to meet with producers to discuss oil production.
Cameron announces results for 4Q15
Cameron reported fully diluted earnings per share of US$1.08 for 4Q15, compared to US$1.34 for the same period in 2014.
Russian position moving, but deal still unlikely
ESAI Energy LLC reports on possible Russian reaction to continued downturn.
Lundin Petroleum announces its 2016 budget and updated reserves
The budget shows a 26% decrease in US capital expenditure.
Petrobras to remodel structure and governance
Restructuring will align company with oil and gas sector’s new reality and increase oversight of executives’ decisions.
PEMEX extends multi-year seismic data processing contract with ION
The work will be executed via ION’s Villahermosa, Mexico, and Houston offices and through its Houston high performance computing centre.
Lundin Petroleum commences Maligan exploration well
Lundin Petroleum AB has announced that its wholly owned subsidiary, Lundin Malaysia BV, has commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
InterOil: Antelope-6 tags top reservoir
InterOil Corp. has announced that the Antelope-6 appraisal well encountered top reservoir within expectations at approximately 2076 m true vertical depth sub-sea.
The Barents Sea ice challenge: loads to learn
DNV GL hopes that its JIP with leading industry partners as well as academic bodies to accelerate oil and gas technology development.