Monday, December 10, 2018


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A longstanding dispute between Rosneft and pipeline monopoly Transneft flares again, with Russia's biggest oil producer holding out on signing a contract for 2017. Source link

Tullow Oil reduces its annual capital expenditure budget by another $100 million to $1 billion and may cut spending further as it adjusts its balance sheet to weak oil prices. Source link...

Norway's Statoil cuts its 2016 capital spending guidance as it posts earnings well below forecasts. Source link

Russian oil firms are increasing their rouble profits and raising production as a weak currency protects their business, which has turned into one of the world's most profitable. Source link

Rosneft CEO Igor Sechin says his company will invest around $12.9 billion in India's Essar Oil. Source link

Most upstream companies in Indonesia are likely to reduce workforce this year given sluggish oil prices, The Jakarta Post reported, citing a survey by PricewaterhouseCoopers Indonesia. Source link

Keppel Offshore & Marine completes acquisition of Cameron's offshore product division. Source link

Shell's CEO announced Thursday that good operational delivery across all Shell businesses produced one of the company's strongest ever quarters. Source link

Petroleo Brasileiro SA says it has signed a letter of intent with China National Petroleum Corp (CNPC). Source link

Aberdeen-based AFBE-UK Scotland begins its 2017 initiatives aimed at advising engineering students on securing their first industry job. Source link
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