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Petrobras Investigation Extends to Top Oil Trading Houses

Brazilian prosecutors are now investigating alleged acts of corruption involving three top commodity trading houses in connection with the sprawling Petrobras "Lava Jato" bribery scandal.

Nexans Wins USD 113 mln Subsea Contract in Philippines

French cable company Nexans said that  it has been awarded a full turnkey contract worth over  EUR 100 million (USD 113 mln)

Prelude FLNG to Start Producing at End-2018

Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday.

Garten goes onstream in the North Sea

 Apache Corp. has started production from the Garten field development on block 9/18a Area-W in the UK North Sea.

Petrogas starts production from Dutch North Sea well

Oil and gas company Petrogas has started production from its A18-A5 well located in the Dutch sector of the North Sea. 

Russia’s Rosneft Signs Oil and Gas Deal with China

Russian oil giant Rosneft said that China National Chemical, known as ChemChina, agreed to purchase 2.4 million tons a year of crude oil.

Vestdavit to supply boat-handling system for Nexans cable-layer

Vestdavit has been contracted to equip Nexans’s cable-layer Nexans Aurora with a multi-boat handling system for its mission bays.

Shell announces short-term climate targets

British oil major Shell revealed plans to set short-term targets as part of a long-term ambition to reduce the Net Carbon Footprint of its energy products.

Reduce OPEX and become Greener: Wärtsilä Services

The oil & gas industry was plunged into turmoil when the oil price crashed in 2014.

Shell, Nephin Energy Holdings Complete $1.3 Billion Ireland Asset Sales Deal

Royal Dutch Shell Plc has exited the upstream sector in Ireland with the closing of its deal to sale its shares in Shell E&P Ireland Ltd

Global LNG Trade Jumps by 7.1%, Says Höegh LNG

The global floating liquefied natural gas (LNG) trade reached 236 million tonnes in the first nine months of 2018, up by 7.1% from the same period of 2017

Gazprom Management Committee reviews progress of Nord Stream 2 project

The Gazprom Management Committee reviewed the progress of the Nord Stream 2 project

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