Husky Energy plans to offload its retail & commercial fuels business
Alberta-based Husky Energy Inc., one of the largest integrated energy companies in Canada, has reportedly announced that it is planning to exit the gas station business post remaining afloat in the ma....
Oil firm Maurel & Prom to invest $400M in Venezuela’s oilfield venture
 The French oil company would be investing the capital to acquire a 40% stake in an oilfield joint venture named Petroregional del Lago.  In 2018, the oilfield produced more than 15,500 b....
Exxon commences drilling operations at the Haimara-1 exploration well
ExxonMobil, an American multinational oil and gas corporation headquartered in Irving, Texas, has reportedly begun drilling the Haimara-1 exploration well offshore Guyana. The drillship Stena Carron, ....
The Energy Group Limited to acquire Australia’s RCR Energy Service
 The acquisition is an ideal opportunity for EGL as it allows the firm to move further with its strategy of becoming a national player.  Under the terms of the acquisition agreement, the ....
SECI invites bids to build 7.5GW of solar projects in Jammu & Kashmir
The Solar Energy Corporation of India Ltd. (SECI) is reported to have issued a Request for Selection (RfS) for developing solar power projects of a total 7,500 MW capacity. These grid connected solar ....
Shell bags license to trade oil products in China’s wholesale market
 The license is the first of its kind the nation has awarded to a foreign firm that allows it to independently trade in China’s wholesale market.  The deal indicates China’s willingne....
OMV completes acquisition of Shell’s New Zealand assets in $578mn deal
Royal Dutch Shell plc, the British-Dutch multinational oil and gas major, has recently announced that it has concluded the sale of its shares in Shell’s entities in New Zealand for $578 million to O....
Exxon resumes drilling offshore Guyana despite Venezuela’s complaint
The American multinational oil & gas corporation, Exxon Mobil, has reportedly restarted its oil drilling and developmental activities off the coast of Guyana – a project that supposedly com....
Masdar installs first 3.8MW turbine at new Dhofar Wind Farm in Oman
Masdar, the Abu Dhabi-based renewable energy company, made an announcement confirming that the first turbine at Oman’s 50 megawatt Dhofar Wind Farm has been installed. The 13 turbine wind project, l....