Oil and gas news

MX Oil announces directorate change and Starts Drilling on Aje 5 Offshore Nigeria

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MX Oil announces directorate change and Starts Drilling on Aje 5 Offshore Nigeria MX Oil plc, the AIM quoted oil and gas investment company, is pleased to announce the appointment of Mr Nigel Bruce McKim as Non-executive Director with immediate effect. Nigel will replace Patrick Mendoza, who is stepping down from the Board to pursue […]

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Oil price Fall is Impacting these Big Industrial Giants

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Oil price Fall is Impacting these Big Industrial Giants, Oil companies aren’t the only ones taking a hit from the commodities troubles. Here are a couple of industrial giants that are hurting reports The Mootly Fool It’s not hard to connect the dots between the decline in prices over the past year and the prospects of

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Chinese Energy Giants will continue Overseas BuyOuts again

Chinese Energy Giants will continue Overseas BuyOuts again Overseas acquisitions by state-backed oil and gas giants are expected to pick up soon from a multiyear low blamed on a continuing corruption crackdown and a sharp fall in oil prices that have weakened their financial positions, according to analysts and deal advisers . With oil prices

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Iran to Help Afghanistan with Technical services for Oil and discovery

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Iran to Help Afghanistan with Technical services for Oil and gas discovery writes Tehran Times Iran will offer technical services to Afghanistan for the discovery of oil and natural gas resources, according to the Shana News Agency. This issue was agreed in a meeting of Iranian Oil Minister Bijan Namdar Zanganeh with Afghan Mines and

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