Oil & gas news

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, updates the market with news of progress at its flagship BNG asset.

Operated by ExxonMobil, the project is expected to produce around 70 000 bpd.

ExxonMobil reported strong downstream performance across all regions, while upstream volumes increased by more than 2%.

If the North Sea and shale sectors are to reach their full potential, supportive policies will be required.

New initiative will bring internationally certified oil and gas training to the burgeoning South African and Namibian energy industries.

The company will be working on the Yinson Genesis.

Royal Dutch Shell’s 1Q15 earnings were $US4.8 billion, compared with US$4.5 billion for 1Q14.

Fitch Ratings has said that oil prices have lead to energy sector downgrades.

Oil trade off Yemen coast grew by 20% to 4.7 million bpd in 2014.

HIMA emphasises advantages of separate and independent safety platform.