A focal point for oil and gas industry news. We originate our own content and spider the Web for the latest headlines and information, to deliver real time results of what's happening in oil_and_gas. Whether it be events or people making the news, individual company reports, industry association or government agency updates, analysis pr commentary, the latest information from credible, screened sources will be available right here. Keep in touch with current trends in oil_and_gas and abreast of the latest developments.
  • Shell firming deal for stake sale in four Nigerian oil fields

    Oil And Gas Industry News.Net

    LONDON - Royal Dutch Shell is close to disposing off its stakes in four oil fields in Nigeria as part of plans to cut costs through $15 billion global assets sale. On sale is 30 percent stake in ...

  • Saudi Aramco chief reveals plans to invest $40 bn annually for next decade to maintain supplies

    Oil And Gas Industry News.Net

    STAVANGER, Norway - Khalid A. Al-Falih, chief executive of Saudi Arabia's state-owned national oil company Aramco, world's biggest oil producer, Monday stressed need for maintaining investments as ...

  • Kuwait Energy Open to More Iraq Investment

    Oil And Gas Industry News.Net

    TAVANGER, NORWAY- The head of Kuwait Energy says she's encouraged by recent gains in Iraq against the militant Islamic State group and would welcome more investment there. Sara Akbar, Kuwait ...

  • Russian economy nears recession

    Big News Network.com

    MOSCOW -- The Russian economy is nearing a recession, an Economic Ministry official said, the result of Western sanctions and a ban on food imports. Oleg Zasov, the ministry's head of forecasting, ...

  • Narendra K Verma named new MD of ONGC Videsh

    Oil And Gas Industry News.Net

    Narendra K Verma today took charge at the Oil and Natural Gas Corporation Limited (ONGC) Videsh as its Managing Director. Verma has been the Director (Exploration) of the Maharatna ONGC since April ...

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