All Petroleum News

Halliburton, STP form JV for unconventional exploration in China

Halliburton, the oilfield services company with the largest hydraulic fracturing fleet, has signed an agreement with the SPT Energy Group Inc. affiliate, Petrotec...

Far East Energy receives extension of existing loan facility

Far East Energy Corp., the US-listed company that operates the Shouyang coalbed methane production sharing contract in China's Shanxi Province, reports a further ...

GlobalData: Pemex monopoly could deter new competitors

Despite the imminent phased introduction to a fully deregulated market, new companies wishing to enter Mexico’s downstream oil space will have a difficult time ov...

Aker Solutions updates on proposed demerger

The board of directors of Aker Solutions ASA has, in accordance with the strategy disclosed April 30, resolved to propose to the company's shareholders that Aker ...

Longreach becomes PetroMaroc

Longreach Oil and Gas Ltd. has received the final approval of the TSX Venture Exchange to change the name of the company to PetroMaroc Corp. plc.

Ezra to transfer Offshore Support Services arm to EOC for $520 million

Ezra Holdings Ltd. plans to consolidate its Offshore Support Services division, EMAS Marine, into its associated company, EOC Ltd., which is listed on the Oslo Bo...

China signs $1.6B engineering deal for Siberian LNG project

A subsidiary of Chinese state oil giant China National Offshore Oil Corp. (CNOOC) has signed an around $1.6 billion deal to build equipment for a liquefied natura...

UK National Grid predicts UK shale gas could meet third of demand by 2030s

The UK’s National Grid believes that a third of Britain's gas needs could come from its own shale gas by the early 2030s if government policies and economic growt...

NGL adds additional water disposal facilities in Eagle Ford and Permian

NGL Energy Partners LP has added five new saltwater disposal facilities, which include a total of six recently completed disposal wells, for a cumulative cost of ...

KKR and Riverstone Holdings to form Trinity River Energy

KKR and Riverstone Holdings LLC report the signing of a definitive agreement to merge the existing assets held by KKR Natural Resources Funds with the assets of L...