Exploration & Production

Wintershall Dea gets go ahead for Dvalin field start-up

German gas and oil producer Wintershall Dea has won a consent to begin operations at the Dvalin field in the Norwegian Sea. The field is...
ConocoPhillips Concho

ConocoPhillips to acquire Concho to create $60bn oil and gas company

Houston-headquartered ConocoPhillips is set to acquire Concho Resources to create an oil and gas giant with an enterprise valuation of about $60bn. ConocoPhillips will acquire...
reg Geismar

REG to expand Geismar biorefinery with $825m investment

North America’s largest biodiesel producer Renewable Energy Group (REG) has announced an investment of $825m to expand its Geismar, Louisiana biorefinery. Expected to be completed...
Shenzi field

Hess to offload Shenzi field stake to BHP Billiton for $505m

US-based energy company Hess is selling its entire stake of 28% in the Shenzi field in the deepwater Gulf of Mexico to BHP Billiton...
biggest oil and gas companies

A profile of world’s biggest oil and gas companies

Oil and gas are the two important fuels that meet the energy requirements of more than half of the world's population. While oil is...
Tommeliten Alpha

ConocoPhillips awards FEED for Tommeliten Alpha development

Texas-based oil and gas company ConocoPhillips has awarded a front-end engineering and design (FEED) contract to Aker Solutions for the Tommeliten Alpha development. Located in...