Oil & gas news
Major energy companies increase debt and sell assets
The US EIA explains that as cash flow has flattened, major oil companies have increased their debts and sold assets.
Woodside selects 8over8 platform to manage contracts
Woodside Petroleum has selected 8over8’s ProCon Platform to enhance the management of its contracts.
Meeting today’s energy and security challenges
David Goldwyn of the Brookings Institute explains how the US can act to defend against today’s energy and security challenges.
NOV reports stronger second quarter 2014
National Oilwell Varco (NOV) has announced second quarter 2014 earnings.
BASF second quarter results
BASF has announced increased earnings in the second quarter due to higher volumes.
Zaragon Oil & Gas discusses Alberta EOR royalty program
The revisions to the Alberta EOR royalty program will have a positive impact on the economics of Zaragon’s Little Bow project.
Russia's Bashneft to sell oil products worth US$ 5.2 billion
The deals are expected to be completed by 29 February 2016.
NZ Petroleum Exploration and Production Association appoints new CEO
Cameron Madgwick has been appointed as the Petroleum Exploration and Production Association’s new Chief Executive Officer.
New health and safety standard under development
A new international occupational health and safety management systems standard is currently under development.
Deliveries begin to oil reservoirs at the Badra oilfield in Iraq
Once the reservoirs have been filled, oil will be supplied into Iraq's main pipeline system.