Venezuelan state-owned oil and natural gas company PDVSA’s new management anticipates to increase the country’s output to 1.17 million barrels per day. Pedro Tellechea, the company’s new chief executive and a ne...
Eni intends to place new fixed rate bonds with a 4-year and 10-year maturity (the “Bonds”), under its existing Euro Medium Term Note Program. Under Eni’s existing Euro Medium Term Note Program, the company plans...
Petrofac, an international services company that designs, builds, manages, and maintains oil, gas, refining, petrochemicals, and renewable energy infrastructure, announced that Tareq Kawash has been named the company’...
PETRONAS announced its achievement of a new gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about 220 kilometers off the coast of Bintulu, Sarawak, offshore Malaysia....
In the Norwegian sector of the North Sea, Neptune Energy and its partners recently announced the discovery of a new commercial well (PL 929). During the drilling of the Ofelia well, 35/6-3 S, Neptune encountered oil i...
Kenya Pipeline Company (KPC) has pledged to launch the new oil pipeline by April 2017 to ease the flow of petroleum products in the country, informed Business Daily. KPC’s Managing Director, Joe Sang, said the o...