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Oil & Gas

The Mediterranean Surprise (ABO.net)

Posted: April 8, 2016 at 8:32 pm   /   Oil & Gas

The cradle of civilization, this corner of the world has always been characterized by strong contrasts. Now, thanks to energy, it could become a new focal point of development and unexpected opportunities. The Eastern Mediterranean […]

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Video: Using Hydraulic Fracturing and Horizontal Drilling for Natural Gas Production (Chevron)

Posted: April 8, 2016 at 2:00 pm   /   Oil & Gas

Geologists have long known about huge natural gas deposits trapped in shale rock formations, but it is only over the past decade that energy companies have combined two established technologies to unlock this resource. See […]

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Seeking Alpha: Egypt's 2 Super-Massive Offshore Natural Gas Developments

Posted: April 7, 2016 at 2:14 pm   /   Oil & Gas

Seeking Alpha’s Callum Turcan provides an overview of natural gas developments in Egypt. Summary Egypt’s oil & gas industry has gotten hammered over the past five years due to civil unrest and a lackluster realized […]

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Ministry of Petroleum discusses Joint Cooperation Agreement with Italian Edison

Posted: April 7, 2016 at 1:40 pm   /   Oil & Gas

The Minister of Petroleum & Mineral Resources, Eng.Tarek El Molla, has received Mr. Marc Benayoun, Chief Executive of Edison International Group and President of the Board of Directors, where they discussed boosting bilateral relations and […]

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BP signs $1 billion deals with Egypt for the development of Atoll gas field

Posted: April 6, 2016 at 8:26 pm   /   Oil & Gas

British Petroleum (BP) had signed a number of deals with Egypt concerning the development of Atoll gas discovery in March in the North Damietta Offshore Concession in the East Nile Delta, the Egyptian Ministry of […]

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North Africa Oil & Gas Summit 2015 Post Event Report: Egypt Roundtable

Posted: April 5, 2016 at 8:05 pm   /   Oil & Gas

Eni’s discovery in the Zohr field has been recognised as a global energy game changer; though there are some doubts surrounding the discovery’s current forecasts as some believe that they were overly optimistic and there […]

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Oilpro.com back online after founder arrested

Posted: April 5, 2016 at 7:51 pm   /   Oil & Gas

Oilpro.com, a social media website for oil and gas professionals and enthusiasts, has come back online, after it had gone offline following the arrest of its founder, David Kent. A message on the website last […]

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Schlumberger Completes Merger with Cameron

Posted: April 4, 2016 at 12:34 pm   /   Oil & Gas

Schlumberger Limited announced today it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange […]

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Video: Downstream Industry Axens 2016 Market Outlook

Posted: April 3, 2016 at 1:16 pm   /   Oil & Gas

How did 2015 crude oversupply affect fuel demand and refined products demand? What were the consequences for refiners? What are the 2016 forecasts? How will the 2015 Paris Agreement influence this context? Axens Marketing & […]

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Oilpro founder arrested and charged for hacking Rigzone

Posted: April 2, 2016 at 4:02 pm   /   Oil & Gas

David Kent, the founder of Oilpro.com, a popular social media network for oil and gas professionals, has been arrested for charges relating to computer hacking and wire fraud. According to the U.S. Department of Justice, […]

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