Oil

Devon Energy Corp. (NYSE: DVN) announced today it has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the second quarter of 2017

IEA’s annual investment benchmark shows spending on electricity sector for the first time exceeded combined spending on fossil fuels

The latest stage in Gazprom Neft’s construction of a new advanced oil refining complex (AORC) has now been completed at its Omsk Refinery — one of a series of key projects in its full-scale modernisation of the plant

According to the results of the corporate contest "Best filling stations of OOO Tatneft-AZS Center branches for 2017” AZS-24 of the Almetyevsk branch located at 13,Avtodorozhnaya Street, Zainsk, has been recognized as the winner.

Balkan countries are developing models for proposed natural gas transmission systems in anticipation of future deliveries from Azerbaijan, a US adviser said, and their work will be integrated into a regional plan by the end of the year

Gazprom Neft has signed a Memorandum of Understanding with Spain’s Repsol

The Magnum gas power plant has three combined cycle gas turbines (CCGT) with a capacity of 440 MW each. One CCGT emits approximately 1.3 million tons of CO2 per year.

State-owned Saudi Aramco issued its long-awaited Annual Review for 2016 today, showing the company's increasing focus on boosting its natural gas output and its downstream expansion

Gazprom Neft subsidiary Gazpromneft-Vostok has begun construction of a gas pipeline connecting the booster compressor station at the Urmanskoye field with gas transportation infrastructure operated by Tomskgazprom.

Two crews of the “KAMAZ-Master” team visited the TATNEFT’s filling station No. 29 in the Moscow region, at the 21st km of the Warsaw highway.

China’s Beijing Gas Group has bought 20 per cent of a Russian oil and gas field from state-run Rosneft for $1.1bn, in a deal that also gives the Russian energy producer access to the Chinese domestic gas market

A meeting with graduates of Baku Higher Oil School (BHOS) selected for work at STAR Refinery of SOCAR Turkey company and BHOS students undertaking on-the-job training at SOCAR facilities in Turkey was held at BHOS.

Iraqi oil minister Jabbar al-Luaibi said today that he expects oil prices to recover gradually and that it is too early for Opec and its non-Opec allies to look at further action to rebalance prices.

Seismic investigations have been undertaken at all license blocks belonging to Evrotek-Yugra, with nine exploration wells drilled between 2013 and 2016.