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Swala Oil and Gas Plc Announces Launch of Initial Public Offer Prospectus (“IPO”)

East Africa’s first public owned Oil and Gas CompanyDAR ES SALAAM, Tanzania, June 9, 2014/ -- Swala Oil and Gas (Tanzania) Plc (http://www.swala-energy.co.tz) today...

Washington refinery finds new owner

Global commodities logistics and trading firm TrailStone Group has acquired US Oil & Refining Co. (USOR), including the 42,000-b/d Tacoma, Wash., refinery, from Astra...

Costain Wins Further Barrow Gas Terminals Contract With Centrica Energy

Costain, one of the UK’s leading engineering solutions providers, is pleased to announce that it has won a contract with Centrica Energy for the...

Baker Hughes: US drilling rig count decreases to 1,860

The US drilling rig count dropped 6 units to 1,860 rigs working during the week ended June 6, Baker Hughes Inc. reported. The decline...

Eni Signs Strategic Agreements For Perla Super-Giant Field In Venezuela

The Minister of Petroleum and Mines of Venezuela and President of PDVSA, Rafael Ramírez, Eni's CEO, Claudio Descalzi, and Repsol's President, Antonio Brufau, signed...

API issues refinery safety standards

The American Petroleum Institute issued three first-edition standards to enhance refinery safety and inspection programs. “The three new standards help improve safety by offering...

CNPC called ‘winner’ in Gazprom gas deal

The $400 billion natural gas deal Gazprom signed with China National Petroleum Corp. last month strongly favors the Chinese company and its country, writes...

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