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Tag: oil
Deals this week: Hibiscus Petroleum, Airborne Oil & Gas BV
2016-10-14 01:00:00| Offshore Technology
Hibiscus Petroleum Bhd has agreed to acquire a 50% stake in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC) in the South China Sea, from Sabah Shell Petroleum Company Limited (SSPC) and Shell Sabah Selatan Sdn Bhd (SSS).
Deals this week: BP, Chevron, Extraction Oil & Gas
2016-10-14 01:00:00| Hydrocarbons Technology
BP Developments Australia (BP) has agreed to buy an 80% stake in WA-409-P exploration permit in the Carnarvon Basin, offshore Western Australia, from Cue Exploration.
Oil & the Philippines: will the Hagues South Sea ruling silence Beijings claims?
2016-10-12 01:00:00| Offshore Technology
The Permanent Court of Arbitration has ruled that Chinas territorial claim to the vast majority of the South China Sea is invalid, boosting the Philippines' right to develop oil and gas deposits off its west coast. But with China stating that it wil
Oil prices rise as Indian crude imports increase
2016-10-12 01:00:00| Offshore Technology
Oil prices have increased due to a rise in Indian crude imports and following discussions between Organisation of the Petroleum Exporting Countries (OPEC) producers and other exporters to cut production to help end global oversupply.
Tags: increase
prices
oil
rise
BP scraps controversial Australian oil exploration site
2016-10-11 12:24:24| BBC News | Business | UK Edition
BP has abandoned a controversial plan to explore for oil off the southern coast of Australia.
Tags: site
oil
australian
exploration
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