THE HAGUE -- Royal Dutch Shell plc (Shell) and its partners won today three, 35-year production sharing contracts for pre-salt blocks located in the Santos basin, offshore Brazil. Shell will pay its share of the total signing bonuses, equati...

ESC Adriatic is a professional network of experts and international companies interested in the energy services market in Albania. This initiative was taken at the beginning of 2017 by a group of highly skilled professionals and some organis...

ACERC is a network base think tank centre with focus on the Albanian energy market and its integration in the regional IEM. The ACERC mission base on in-depth knowledge of EU regional energy and clime law and policies, and strives to provid...

OKLAHOMA CITY -- Kimray Inc. has announced the release of the E-LO Control Valve. The E-LO, short for Electronic Low-Pressure Control Valve, is designed to control flow in applications with pressures less than 45 PSI. It features a modular...

As the global top level exhibition UFI certificated, China International Petroleum Petrochemical Technology and Equipment Exhibition (cippe), a regular gathering in international petroleum and petrochemical industry, is held two sessions ev...

MALABO -- Kosmos Energy will acquire assets from Hess. Additionally, existing investors Tullow Oil and GEPetrol will enter partnership with the new operator. The assets of Hess Corporation in Equatorial Guinea will be acquired by Kosmos Ener...

NEW ORLEANS -- An engineer, an inspector and an investigator in New Orleans with the Bureau of Safety and Environmental Enforcement are lending their expertise to the Jefferson Parrish authorities to assist with the investigation of the rece...

BEIRUT -- Lebanon reached an important milestone on Oct. 12, which was the deadline set for pre-qualified companies to submit their bids on the open blocks within the countrys first offshore licensing round. Three companies forming one conso...

HOUSTON -- ExxonMobil Corporation announced today that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware basin, part of Permian basin, one of the most prolific...

POINT HOPE, Alaska -- Voice of the Arctic Iupiat (VOICE) is deeply disappointed by todays joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil...