auctions

US Announces Oil, Gas Drilling Auction Plans for June

The US plans to offer oil and gas firms drilling rights of federal acreage. These drilling rights are set to be in eight states at least and will be offered in June.

Brazil to Auction 4 Sub-Salt Areas in 2017

According to the Incoming Secretary of oil and gas at Brazil’s Ministry of Energy, Marcio Felix, the Brazilian government has announced its plans to hold its second auction of four sub-salt exploration and production ...

Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange

The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.

Russian Auctions Tycoon Moving into Solar Power

Billionaire Viktor Vekselberg is out to prove that solar has a place in Russia, the world’s largest exporter of oil and gas.

Oil Prices May Prompt More UAE Concession Deals

The government is yet to take a decision two months after awarding 10% stake to Total

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