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Oil & Gas

Shell faces $30bn battle to sell assets after BG takeover

Posted: February 15, 2016 at 11:16 am   /   Oil & Gas

Analysts say Shell will struggle to spin-off assets at the price it once expected to. Shell completes its much-anticipated takeover of BG Group on Monday, facing a fresh battle to dispose of $30bn of assets […]

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Video: How a deep water well is drilled (Shell)

Posted: February 13, 2016 at 2:52 pm   /   Oil & Gas

Drilling wells is one of the most important activities in the process of finding hydrocarbon reservoirs and producing oil and gas from these reservoirs to meet our energy needs. This video by Shell explains the […]

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Wood Mackenzie: Deepwater Exploration Cutbacks May Come Back To Haunt Oil Drillers

Posted: February 13, 2016 at 2:51 pm   /   Oil & Gas

We expect 2016 exploration spend to be around half the 2014 peak, and it could fall even further next year. Quarterly losses, dividends cut, budgets slashed – oil companies are in survival mode. Protecting cash […]

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Eni to complete second well in Zohr field by April for $100m

Posted: February 13, 2016 at 2:36 pm   /   Oil & Gas

Italian Eni will finish drilling the second well in the Zohr field in the Shorouk concession area located in the deep waters of the Mediterranean by the next April, with a cost of approximately $100m. […]

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Video: BP Energy Outlook 2035

Posted: February 11, 2016 at 6:24 pm   /   Oil & Gas, Renewables

Watch the video to see what 2035 could bring for the energy industry. BP chief economist Spencer Dale shares his thoughts on the big talking points from the Energy Outlook 2016. To find out more […]

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BP Energy Outlook: Fossil fuels remain dominant form of energy powering global expansion through 2035

Posted: February 11, 2016 at 10:57 am   /   Oil & Gas

The BP Energy Outlook outlines the “most likely” path for the global energy landscape – supply and demand – over the next 20 years. The Energy Outlook considers a base case, which outlines the “most […]

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Egypt: Looking for a New Energy Independence (ABO Oil Book)

Posted: February 11, 2016 at 10:36 am   /   Oil & Gas

Egypt’s biggest news in the hydrocarbon sector is called Zohr, the largest natural gas field in the Mediterranean that could push forward Egypt’s plan to become energy independent. According to the last report by the […]

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Infographic: Eni's activities in Egypt

Posted: February 10, 2016 at 1:40 pm   /   Oil & Gas

Eni has been present in the country since 1954 and today is the leading international hydrocarbons operator. Click here to view the fully interactive infographic of Eni’s operations in Egypt. (Source: Eni S.p.A.)

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Egypt may not meet 2016 target to pay back oil arrears – PM

Posted: February 10, 2016 at 1:20 pm   /   Oil & Gas

Lower oil and gas revenues mean the debt will ‘at least [be reduced] to a very reasonable’ level by end of year, Prime Minister Ismail says. Egypt may miss its target of repaying the $3 […]

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IEA: Oil price recovery will be short-lived

Posted: February 10, 2016 at 11:15 am   /   Oil & Gas

A recent rise in oil prices is a “false dawn” and the oversupply of crude is set to worsen, according to the International Energy Agency (IEA). The IEA expects oil stocks to grow by two […]

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