Oil & gas news

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

HIMA emphasises advantages of separate and independent safety platform.

Douglas-Westwood (DW) forecasts global subsea hardware Capex will total US$145 billion between 2015 and 2019.

BHB Billiton is supporting a AUS$22 million partnership with the Australian Mathematical Sciences Institute.

The US Energy Information Administration has said that US energy demand has slowed except for industrial and commercial sectors.

Despite challenging oil and gas prices in the quarter, Statoil delivered adjusted earnings of NOK 22.9 billion and NOK 7.0 billion after tax.

Sinopec posted turnover and other operating revenues of RMB478.24 billion for 1Q15.

One of the main challenges President Buhari will have to face is the security of the oil sector.

Höegh LNG Holdings Ltd. announced that its FSRU Höegh Gallant has completed all performance and commissioning tests.

The Tortue-1 well has intersected 107 m (351 ft) of net hydrocarbon pay.