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President Energy acquires Chevron's oil assets in Argentina

2017-09-22 01:00:00| Hydrocarbons Technology

UK-based President Energy has acquired Chevron's 100%-operated interest in its Puesto Flores and Estancia Vieja concession in the Neuquén Basin situated in Argentinas Rio Negro Province.

Tags: energy president argentina oil

 

ONGC makes oil discovery in offshore Mumbai, India

2017-09-21 01:00:00| Offshore Technology

India's state-owned company Oil and Natural Gas (ONGC) has made a significant discovery west of the Mumbai High oilfield in the Arabian Sea. 

Tags: makes india oil discovery

 
 

UK oil and gas production to only last another a decade, study reveals

2017-09-21 01:00:00| Offshore Technology

UK oil and gas industries are reportedly entering the last decade of production due to depleting resources, according to research conducted by the University of Edinburgh, Scotland.

Tags: study production gas oil

 

Oil prices fall as US crude stocks pile up

2017-09-21 01:00:00| Offshore Technology

Oil prices have slipped following reports of an increase in the US crude inventories and production.

Tags: up prices fall oil

 

Oil prices soar as Iraq indicates possible OPEC deal extension

2017-09-20 01:00:00| Offshore Technology

Oil prices have witnessed sharp rise after Iraq indicated that OPEC is considering an extension of the supply cut deal to eliminate the global oversupply. 

Tags: prices deal oil extension

 

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