Area 4 has secured sufficient offtake commitments from affiliated buyers of the co-venture parties to move towards a final investment decision for the...

Royal Dutch Shell plc (Shell) has completed the sale of its shares in Shell entities in New Zealand, to OMV for $578 million. This includes the Māui, ...

TEHRAN (Shana) -- Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan by investing in ageing fields. Some of oil fields in...

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transa...

BP today announced that it has agreed to acquire from Eni a 25% participating interest in the Nour North Sinai concession area offshore Egypt. The ...

Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore ...

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures...

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 mill...

TEHRAN (Shana) --Official data indicates that petrochemical exports constitute a significant share in Iran’s non-oil exports. Iran’s Petro...

TEHRAN (Shana) -- National Iranian Drilling Company (NIDC) has spudded 88 oil and gas wells in the first 7 months of the current calendar year, which ...

Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LN...

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy C...