Shell to tighten control of portfolio though ‘detailed segmentation’
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Posted inNews
Opec to be hit by production surge
Increased production could impact on global oil prices
Posted inNews
Oil & gas is facing a severe talent shortage
50% of skilled engineers set to retire in the next 10 years
Posted inProducts & Services
Gazprom Neft completes testing on Badra well
Tests on the well delivered average daily flow of 10,000 barrels
Posted inNews
US crude stocks surge 6.2m barrels
Increase in inventories was nearly triple the figure analysts expected
Posted inProducts & Services
Opec: Global demand growing faster than expected
Opec’s predicts that demand will increase 1.14 mbpd in 2014.
Posted inProducts & Services
KSA leads the way as OPEC production recovers
Saudi production levels creep up to 9.486 mbpd.
Posted inNews
India eyes better rates from Kuwait and KSA
India looks to extend the interest free period for crude oil payments.
Posted inDRILLING & PRODUCTION
Oil & gas drilling hits 30 year high
Boom in exploration drilling led by projects in ME and Africa.