News Agencies Feed :

    OIL AND GAS

    April 26, 2018

    Schlumberger Announces First-Quarter 2018 Results

    • Revenue of $7.8 billion decreased 4% sequentially
    • Pretax operating income of $974 million decreased 16% sequentially
    • EPS was $0.38
    • Cash flow from operations was $568 million

    Schlumberger Limited (NYSE:SLB) today reported results for the"...

    April 25, 2018

    Moroccan refinery can gain much from an Iraq alliance

    Iraq is reported to be making an offer to Morocco that may result in relaunching operations at the shuttered 200,000 barrels a day refinery in Mohammadiya. If the deal goes through, and I am enthusiastic, it could prove strategic to both. Dow Jones had reported BB Energy and another European"...

    April 24, 2018

    Morocco: conventional natural gas discovery announced

    A conventional natural gas discovery has been made in Morocco by a North African focused oil and gas company, SDX Energy.

    The discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in"...

    April 24, 2018

    Sound Energy says Phase 2 Morocco seismic is mostly complete

    Sound Energy PLC (LON:SOU) has reported that the company’s ongoing 3D seismic campaign, onshore Morocco, is making progress. The Phase 2 seismic is now mostly complete, that’s according to the explorer’s Twitter account. It is just one of a number of social media communications today regarding the company’s efforts in Morocco. Potential for a new hydrocarbon province Last month, in its financial results statement, Sound Energy reaffirmed its belief that its assets onshore Morocco have the potential to become a material......

    April 23, 2018

    SDX Energy Makes Major Gas Discovery in Morocco

    SDX Energy’s latest discovery has exceeded expectations. The UK-based gas company announced on Friday, April 20, a new gas discovery at the LNB-1 onshore well on the Lalla Mimouna permit, estimated to contain “significantly more” resources than expected.

    The"...

    April 22, 2018

    British SDX Energy announces new gas discovery in Morocco

    The British SDX Energy announced on Friday a new gas discovery in an exploration well near the northern Moroccan city of Kenitra.

    The well was drilled to a total depth of 1,861 meters with gas potential 'significantly"...

    April 19, 2018

    Vivo Energy Morocco’s Shell Club Fidelity program reaches 500,000 members

    Vivo Energy Maroc, the company in charge of the marketing and distribution of Shell brand fuels and lubricants in Morocco and Butagaz brand Liquefied Petroleum Gas, has reached 500,000 members for its Shell Club Fidelity program. This, marking a major step in the development of the innovative"...

    April 14, 2018

    Energy Secretary Rick Perry walks tightrope on Scott Pruitt's trip to Morocco

    Energy Secretary Rick Perry was grilled Thursday over whether he had a role in Environmental Protection Agency Scott Pruitt's trip to Morocco last year to promote U.S. exports of liquefied natural gas.

    Rep."...

    April 12, 2018

    Indonesia tries to lift trade barriers in Africa

    Trade Minister Enggartiasto Lukita held bilateral meetings with delegates from Morocco, Somalia and Nigeria on the sidelines of the Indonesia-Africa Forum on Tuesday in Nusa Dua, Bali as part of the efforts to eliminate trade barriers.

    “The"...

    April 12, 2018

    David D. Powell Joins Harbour Energy as New CFO

    (AETOS Wire)-- Harbour Energy, Ltd. (“Harbour’’) today announced that David D. Powell has joined the organization as Chief Financial Officer. Mr. Powell is a seasoned oil and gas executive with global operating experience, who has built"...

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