Global Energy Industry News

Oil price rout forces companies to slash $170 bln in projects from 2016-2020

January 14, 2016
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* Total $380 billion of projects deferred since 2014 – WoodMac

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Source:: Reuters UK Natural Resources […]

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Iran prepares to open the oil pumps

January 14, 2016
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By hellenicshippingnews It is not the sexiest of titles. “Implementation day” refers to the date when Iran can start providing oil once again to the world markets. But it is certainly one of the most important dates of the year for the global economy, alongside its major diplomatic […]

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Statoil buys stake in explorer Lundin

January 14, 2016
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Norwegian group takes 11.9% share for $539m in first large deal since oil prices collapsed Read full story ›

Source:: FT.com Oil and Gas […]

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Saudi Aramco confirms IPO deliberations

January 8, 2016
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Flotation would likely create the most valuable listed company in the world Read full story ›

Source:: FT.com Oil and Gas […]

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