BAKU, Sept 14 (Reuters) - British oil major BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on Friday.
Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply | Gulf Coast Oil Rig Equipment & Repair
(Bloomberg) -- Crude posted a third weekly advance out of four as Iranian sanctions take center stage, with investors eyeing the impact on supply.
Gazprom Neft has announced that it has joined forces with China National Petroleum Corporation (CNPC) to develop enhanced oil recovery technologies.
(Bloomberg) -- The race is on to become Norway’s biggest non-state oil company.
The October WTI fell by 2.5 percent Thursday, erasing earlier gains this week.
NAIROBI, Sept 13 (Reuters) - China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.
UK Union Members Emphatically Reject Revised Total Pay Offer | Gulf Coast Oil Rig Equipment & Repair
UK union Unite has stated that its members have “emphatically rejected” a revised pay offer by Total.
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