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

* Total $380 billion of projects deferred since 2014 - WoodMac

Read full story ›

Source:: Reuters UK Natural Resources

      

Iran prepares to open the oil pumps

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 and political significance. Iran has the fourth-largest oil reserves ... Read full story ›

Source:: Hellenic shipping news Oil

      

Statoil buys stake in explorer Lundin

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

      

Saudi Aramco confirms IPO deliberations

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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