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Tag: oil
Oil giant BP sees profits nearly halve
2016-11-01 10:41:05| BBC News | Business | UK Edition
Oil giant BP reports a near 50% fall in third-quarter profits as the sector continues to struggle with low prices.
GE agrees to combine oil and gas business with Baker Hughes
2016-11-01 01:00:00| Hydrocarbons Technology
General Electric (GE) has signed an agreement to combine its oil and gas business with Baker Hughes to create a new oilfield technology company with more than $32bn in revenue.
Samson Oil & Gas sells interest in US North Stockyard field
2016-11-01 01:00:00| Hydrocarbons Technology
Australian company Samson Oil & Gas has sold its interest in the North Stockyard field in North Dakota, US, in a deal valued at $15m.
Tags: north
interest
field
gas
IMO mandates ships to comply with low sulphur fuel oil requirement by 2020
2016-11-01 01:00:00| Ship Technology
The International Maritime Organization (IMO) has set 1 January 2020 as the deadline for ships to comply with low sulphur fuel oil requirements, in a bid to improve the environment and human health.
Tags: low
ships
oil
requirement
Exxon Mobil makes oil discovery offshore Nigeria
2016-10-31 01:00:00| Offshore Technology
US-based Exxon Mobil has announced a significant oil discovery with a potential recoverable resource of between 500 million and one billion barrels on the Owowo field, located offshore Nigeria.
Tags: makes
oil
mobil
discovery
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