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Company Operations News

Tuesday, September 19, 2017

Company Operations News

Russia's Sistema Appeals Against Court Decision To Pay Rosneft
Sistema says it had appealed against a court ruling that it should pay damages to Rosneft.

Thursday, September 14, 2017

Company Operations News

Premier Oil Seeks Buyer For Stake In North Sea Gas Field
Premier Oil is seeking to sell half of its stake in the Babbage gas field in the North Sea, according to a document seen by Reuters.

Wednesday, September 13, 2017

Company Operations News

Eni Inks Cooperation Deal With China's CNPC
Eni signed a cooperation agreement with CNPC in a move that could give the Italian oil major greater access to the Chinese market.

Seadrill Files for Bankruptcy in Bid to Shrink Debt Burden
Seadrill files for bankruptcy protection after working out a deal with almost all its senior lenders to inject $1B of new money into the company.

Tuesday, September 12, 2017

Company Operations News

Glasenberg Emerges From Rosneft Flip With Oil Deal and Medal
Nine months after surprising the world with an $11 billion venture to buy a stake in Russia's state oil company, Glencore is selling most of it.

Friday, September 8, 2017

Company Operations News

Baker Hughes: US Oil Drillers Cut Rigs As Recovery Stalls
US energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to recent crude price declines.

Thursday, September 7, 2017

Company Operations News

Oil Services Group Bourbon Sees Brighter Outlook After 1H Profit Slump
Bourbon says that oil companies are restarting projects, which should help its business pick up after profits fell sharply in the first half.

JOGMEC Interested In Global Investments Including Rosneft
JOGMEC is interested in investing in energy companies worldwide, including Russian state energy company Rosneft, JOGMEC President Keisuke Kuroki told reporters.

Tuesday, September 5, 2017

Company Operations News

Canadian Natural Buys Cenovus' Pelican Lake for $787 Million
Canadian Natural Resources agreed to buy Cenovus' Pelican Lake heavy-oil project and other assets in northern Alberta.

Friday, September 1, 2017

Company Operations News

China Merchants Group Is Said to Explore Offshore Rig Deals
Deliberations reportedly are at an early stage.

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