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Total Names Pouyanne And Desmarest To Top Positions

October 22, 2014 By: RigZone Category: O&G News

Total appoints refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman.

Contract Driller Nabors’ Revenue Rises On US Shale Spending

October 22, 2014 By: RigZone Category: O&G News

Nabors reported a 17% rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in US shale fields.

Russia Hopes Exxon Departure Won’t Impact Wider Arctic Oil Exploration

October 22, 2014 By: RigZone Category: O&G News

Russia's Energy Minister hopes the suspension of work by US oil major Exxon Mobil in the Kara Sea will not affect wider offshore exploration in the Russian Arctic.

Official: Kazakh Oil Output To Rise With Kashagan After 2020

October 22, 2014 By: RigZone Category: O&G News

Kazakhstan expects annual oil output to reach as high as 100 million tonnes after 2020 when the giant Kashagan oilfield resumes pumping.

Russia’s Lukoil Says West Qurna-2 Pumps Over 320,000 Bpd

October 22, 2014 By: RigZone Category: O&G News

Lukoil says it is producing more than 320,000 barrels per day at its Iraqi West Qurna-2 field.

Colombia Could Lower Oil Price Projections For 2015 And 2016

October 22, 2014 By: RigZone Category: O&G News

Colombia may revise down its projections for the price of oil in 2015 and 2016, Finance Minister Mauricio Cardenas says.

Colombia Could Lower Oil Price Projections For 2015 And 2016

October 22, 2014 By: RigZone Category: O&G News

Colombia may revise down its projections for the price of oil in 2015 and 2016, Finance Minister Mauricio Cardenas says.

Thailand Plans Feb Auction Of Petroleum Concessions At 29 Blocks

October 22, 2014 By: RigZone Category: O&G News

Thailand plans to kick off a new auction round next February for petroleum concessions on 29 onshore and offshore blocks in its effort to secure energy supplies, a senior energy ministry official says.

Shell Hits Gas in Pre-Salt Reservoir Offshore Gabon

October 22, 2014 By: RigZone Category: O&G News

Shell discovers a "substantial" gas column offshore Gabon.

Famed Texas Oilman Nelson Bunker Hunt Dead At 88

October 22, 2014 By: RigZone Category: O&G News

Nelson Bunker Hunt, the Texas oilman once considered the world's richest man before his fortunes were undone by Muammar Gaddafi and his own epic overreaching in the silver market, dies at age 88.

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  • Oilfield Facts

    “The top 5 oil and gas corporations are present as per the following rankings:
    * Exxon Mobil
    * Royal Dutch Shell
    * BP (British Petroleum)
    * PetroChina
    * Gazprom
    (listed by Forbes Global List of Top 2000 Companies for 2010).”
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