News / International
Shell Laments Fate of Refinery in Malaysia
Shell Refining Co. (FOM) Bhd. (SRC), a holding of Royal Dutch Shell PLC, is evaluating either the potential divestiture or closure of its 125,000-b/d Port Dickson, Malaysia, refinery.
Petrobras Falls Short of Oil Production Target
Brazil's state-run oil company says it failed to reach its year-end production target even though its daily oil output increased 5.3 percent in 2014.
Norway’s Energy Sector Receives Positive Forecast
Wood Mackenzie’s annual review of Norway’s upstream oil and gas sector reveals a largely positive picture.
Nabirm Energy Plans Seismic Survey Offshore Namibia
Nabirm Energy Services says it is planning a 2D seismic survey in license block 2113A in the Walvis basin offshore Namibia.
Cairn to Focus on Northwest Africa, North Sea Drilling
Cairn Energy has outlined its offshore exploration plans for 2015.
KrisEnergy Completes Exploratory Drilling in Indonesia
KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 1 July 2014 in relation to the acquisition of Premier Oil Sumatra (North) B.V. (which holds 41.6666% working interest in the Block A Aceh production sharing contract (“PSC”)) from Premier Oil Overseas B.V. (“Premier”), and announces the completion of the acquisition. Approval for the change of control has been received from the Government of Indonesia and the provincial government of Aceh.
Enbridge to Build Oil Pipeline for Deepwater Gulf of Mexico Development
Enbridge Inc. (ENB.TO) (ENB), announced today that it will build, own and operate a crude oil pipeline in the Gulf of Mexico to connect the planned Stampede development, operated by Hess Corporation, to an existing third-party pipeline system.
Libya Increases Production to 300,000-500,000 B/D
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.
