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News

News

Oil extends rally to 5-week high, gains 10% in three days

Oil prices hit five-week highs on Monday, gaining about 10 per cent in a three-day rally as speculation intensified over potential producer action to support prices amid a crude glut. Data from market intelligence firm Genscape estimating a…
15 August, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/08/shutterstock_2121219281-e1471287238617.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-08-15 13:54:292016-08-21 12:50:26Oil extends rally to 5-week high, gains 10% in three days
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Mexico’s Pemex must take Minimum 45 pct Stake in Deep Water Venture

Mexico's oil regulator on Wednesday said state-owned oil company Pemex must take a minimum 45 percent stake in its first-ever proposed joint venture with would-be private partners to develop oil reserves in the Gulf of Mexico's deep waters. Global…
1 August, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/08/shutterstock_78937841-e1470085089258.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-08-01 15:58:212016-08-21 13:24:45Mexico’s Pemex must take Minimum 45 pct Stake in Deep Water Venture
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Offshore Safety Improves Across UKCS Oil, Gas Operations

Offshore safety across oil and gas operations on the UK Continental Shelf (UKCS) continued to improve in 2015, according to the 2016 Oil & Gas UK Health & Safety Report published August 1. There were no reported fatalities and reportable…
1 August, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/08/shutterstock_9239121-e1470076414353.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-08-01 13:33:532016-08-21 13:29:28Offshore Safety Improves Across UKCS Oil, Gas Operations
News

Exxon to Buy Gas Explorer InterOil for Up to $3.6 Billion

Exxon Mobil Corp. agreed to buy natural gas explorer InterOil Corp. for as much as $3.6 billion to acquire discoveries in Papua New Guinea that will feed the buyer’s existing gas-export plant. Exxon will use its own stock to pay between $45…
25 July, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/07/Exxon-GETTY1-e1469473818843.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-07-25 14:11:042016-08-21 13:38:14Exxon to Buy Gas Explorer InterOil for Up to $3.6 Billion
News

Drafts of Bidding Terms and Production Sharing Contracts for Round 2 Phase 1 –Shallow Waters, were published by CNH

On July 20, 2016, the Mexican National Hydrocarbons Commission (CNH) published the drafts of the Bidding Terms and Production Sharing Contracts (PSC) for Round 2, Phase 1, for the Exploration and Extraction of Hydrocarbons in Shallow Waters.…
25 July, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/07/shutterstock_3964837481-e1469471474100.jpg 266 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-07-25 13:31:302016-08-21 13:45:44Drafts of Bidding Terms and Production Sharing Contracts for Round 2 Phase 1 –Shallow Waters, were published by CNH
News

Exxon’s $2.5 Billion Bid for PNG’s InterOil Tops Oil Search

Exxon Mobil Corp. is doubling down on Papua New Guinea, topping a rival offer for InterOil Corp., a gas explorer focused on the Southeast Asian nation. The energy giant’s offer values InterOil at $2.5 billion, including debt, beating an earlier…
18 July, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/07/shutterstock_1576059351-e1468879386869.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-07-18 17:04:232016-08-21 13:51:35Exxon’s $2.5 Billion Bid for PNG’s InterOil Tops Oil Search
News

Safety Investment Remains Resilient Despite Downturn

Oil and gas companies are continuing to invest in safety research despite the current oil price downturn, DNV GL representatives told Rigzone during a recent trip to the firm’s Spadeadam testing and research facility in Cumbria, England. “Business…
18 July, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/07/shutterstock_1412280491-e1468878084650.jpg 267 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-07-18 16:41:352016-08-21 13:54:36Safety Investment Remains Resilient Despite Downturn
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KKR’s Mexican Oil Deal Kicks Off New Era in Funding for Pemex

The biggest corporate issuer of bonds in emerging markets appears to be taking a breather. Petroleos Mexicanos, the state-owned oil company known as Pemex, is finding new ways to raise cash - including a deal with private-equity firm KKR &…
11 July, 2016
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