Oil & gas news

The Linde Group has signed a contract to extend its supply of nitrogen to Pemex’s oil reservoirs in the Gulf of Mexico through 2027.

Statoil ASA has acquired 37 101 561 shares in Lundin Petroleum AB corresponding to 11.93% of the shares and votes, at a total purchase price of approximately SEK 4.6 billion.

The president failed to mention that much of the US economic improvement could be traced directly to the oil and natural gas industries.

The Norwegian Petroleum Directorate reflects on the challenges 2015 the Norwegian Continental Shelf overcame in 2015.

James Alexander, professional services consultancy, Procorre, gives an overview of the burgeoning African oil market.

Redhawk has announced it has acquired 3800 prime acres in one of the most productive oil fields in North America, the Permian Basin, for US$3 500 000.

Tullow Oil delivered on its key operational goals during 2015.

Lower fossil fuel prices, and in some cases, lower production, have led to lower severance tax receipts than were expected when revenue estimates were developed.

API President Jack Gerard called on the president to put consumers first and not disrupt America’s energy renaissance with unnecessary, costly regulations.

Roxi Petroleum reports significant improvement in flow rates.