In the News
Burntisland Fabrications Limited (BiFab) 'secures' its future after reaching a 'financial solution' with its key stakeholders.
Can Norway dump $35B in oil and gas investments, and simultaneously convince that same industry to throw money into the country's own fossil-fuel future?
Iran's oil minister says the majority of OPEC members support extending a plan to cut production but a final decision will be taken at their next meeting on Nov. 30.
Chaparral Energy Inc., Oklahoma City, has sold its enhanced oil recovery properties in Oklahoma and Texas to Perdure Petroleum, which Delaware records indicate was formed Sept. 26 as a limited liability company.
Nigerian National Petroleum Corp. says execution of the final phase of an alternative financing agreement with Chevron Corp. will boost production in Nigeria by 39,000 b/d of oil and 283 MMscfd of natural gas.
Kuwait, overshadowed by escalating conflict between larger neighbors, stays stable amid parliamentary churn.