General Interest

Study: Upstream project delivery improving

Execution of upstream oil and gas projects is improving, says a new study by Wood Mackenzie. Midsize to large projects in growing numbers have been delivered on target during the past 12 months.

Caspian leaders sign territorial agreement

Leaders of countries with Caspian Sea coasts have signed an agreement on territorial claims under dispute since collapse of the Soviet Union in 1991. Clarification of at least some legal questions will ease impediments to…

Tap Oil supports increased Risco takeover offer

Tap Oil Ltd., Perth, entered into a binding implementation agreement with Singapore’s Risco Energy Investments (SEA) Ltd. following Risco’s announcement of an increased takeover offer to acquire all the ordinary fully paid Tap Oil shares…

IEA: Oil demand growth cooling, but might not last

Brent crude oil prices on London’s International Commodity Exchange fell in July on higher global output, while West Texas Intermediate crude prices on the New York Mercantile Exchange rose on strong US refining and exports….