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The global oil and gas news source covering deals, mergers and other oil and gas business news for the oil and gas industry.

Latest Business & Strategy News:

21st May 2015

Based on a survey of senior oil and gas executives, the report finds that 42 per cent have put some plans on hold, while 11 per cent need to raise extra finance or sell existing assets to remain operational...
18th May 2015

The Middle East’s energy industry needs to invest in innovation and sustainability initiatives to meet increased global demand, according to industry experts attending this year’s Abu Dhabi International...
Following a recent slide in its share price, Tullow Oil has seen its share value rise almost 10 per cent on Monday following rumours of a possible takeover by the supermajor Royal Dutch Shell on Friday
3rd February 2015

Its shares rose (GBP) 34p to 399p on Monday on the back of a rumoured takeover by Shell. The value of the company had fallen dramatically commensurate with the drop in oil price, its focus on exploration...
11th September 2014

The Ferguson Group has announced that it has been acquired by Brambles for an enterprise value of USD525 million.
10th September 2014

Platts survey reveals production increased by 70,000 barrels per day from July on Libyan, Angolan output Increases
5th September 2014

A meeting between Gazprom and PetroVietnam pledged to increase production of Vietnamese fields as well as increasing cooperation