Oil Majors, Petrobras Skip Brazil Bid Round
Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday,
Canadian Oil Sands Rejects Takeover Bid
Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out,
First Ever Commercial Scale Solar-EOR Project Developed in Oman
GlassPoint Solar Inc will shortly begin work on the 1-GW Miraah solar thermal park in Oman
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry
Norway Mulls Withdrawals from Oil Fund
As its currency slumps, Norway is considering withdrawing from its massive sovereign wealth fund,
Shell Nigeria Starts Production from Bonga Phase 3 project
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project.
UAE Signs Energy Trade Agreement With Belize
The UAE has just signed a bilateral trade agreement with Belize, reported Trade Arabia, to open opportunities for energy investments in the Central American republic and expand the country's regional energy profile.
Ministry of Petroleum Offers Incentives to Investors
In a statement made to Egypt Oil & Gas, a source at the Petroleum Ministry revealed that new incentives were being enacted for the coming period to attract foreign investors.
Islamic State Attacks Forces Guarding Oil Port in Libya
Militants from the so-called Islamic State attacked forces guarding one of Libya’s main oil ports last Thursday with a gun assault and an attempted car bomb.
US Oil Rig Count Drops to 5-Year Low
Rig counts for US oil drilling dropped to 614 nationwide last week, the lowest level since 2010, BloombergPage 42 of 101
