13 December 2018
Oil prices rise on signs of easing Sino-US trade tensions
Oil prices have increased following a drop in US crude stockpiles and over signs of easing trade tensions between the US and China.
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13 December 2018
Total wins E&P contracts for two offshore blocks in Mauritania
French oil and gas giant Total has secured new exploration and production (E&P) contracts for two offshore blocks in Mauritania.
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12 December 2018
Equinor continues to invest in UKCS oil and gas despite Brexit
Norwegian oil giant Equinor has announced its commitment to developing UK Continental Shelf (UKCS) oil and gas projects, despite plans for the UK to leave the European Union.
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12 December 2018
Oil prices rise amid Asian stock markets rebound and OPEC supply cuts
Oil prices have increased by 1% after a recovery in the Asian stock markets and expectations that the proposed supply cuts by OPEC members and other suppliers would stabilise the...
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12 December 2018
Chevron North Sea wins approval for Captain field EOR project
Chevron North Sea (CNSL) has received an approval from the Oil and Gas Authority (OGA) for the field development plan (FDP) of an enhanced oil recovery (EOR) project at the...
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12 December 2018
Saipem Middle East servers hit by cyber attack from India
Italian oil services firm Saipem’s servers in the Middle East have been affected after an alleged cyber attack from India.
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11 December 2018
Azinor Catalyst receives interest for stake in planned UK wells
Exploration and production company Azinor Catalyst has received a letter of intent (LOI) from unidentified parties for the acquisition of material interests in three exploration wells planned for 2019 on...
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11 December 2018
Shell UK takes final investment decision on Shearwater hub expansion
Shell UK has made a final investment decision (FID) on the expansion of Shearwater gas hub in the UK North Sea as part of its strategy to increase gas production...
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11 December 2018
Oil prices rise on Libyan field shutdown but remain under pressure
Oil prices have marginally increased after Libya’s National Oil Company (NOC) declared force majeure on exports from the El Sharara oilfield. However, prices are also under pressure due to concerns...
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10 December 2018
ADNOC and IBM develop blockchain for oil and gas operations
UAE-based oil giant Abu Dhabi National Oil Company (ADNOC) has revealed plans to adopt blockchain for oil and gas production operations, in collaboration with IBM.