NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
BHP Group says it’s getting rid of thermal coal mines to help prepare for a lower-emissions future, yet the company’s still counting on fossil fuels to drive its business for another decade.
Noble Energy raised the possibility of selling out to Chevron on May 12. The super-major took only until May 28 to indicate it would be keen for such a deal.
Royal Vopak has bought a 49% stake in Colombia’s LNG import facility, in Cartagena. The company did not disclose how much it paid for the holding, in the statement announcing the move on September 12.
Spanish energy firm Repsol and Exxon Mobil are partnering to continue exploring for oil and gas off the coast of Colombia.
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.
Houston's Noble Energy will take the lead on exploring the offshore oil and gas potential of Colombia with Royal Dutch Shell.
London-listed Amerisur Resources has signed a farm in agreement (FIA) with Gulfsands Petroleum for the acquisition of the Putumayo 14 block in Colombia.
South-America focused oil firm Amerisur Resources said it had transported 2million barrels of oil through the OBA pipeline.
Oil explorer and producer Amerisur Resources has started commercial production from its Platanillo-22 well in Colombia.
A delegation from Colombia will arrive in Aberdeen today to take the first step in establishing a partnership with the local oil and gas supply chain.
Aberdeen and Grampian Chamber of Commerce (AGCC) will welcome a delegation from Barranquilla, Colombia, to the Granite City tomorrow.
Global Energy Development posted a robust financial rap-sheet for the first half of the year.
Pumping operations at one of Colombia's most important oil pipelines have been halted after a leftist rebel bomb attack.
The story of Aberdeen’s transformation from a bustling fishing port into the energy capital of Europe is being used to inspire a South American city going through similar changes.
A militant group has reportedly bombed an Ecopetrol pipeline in Colombia.
South American focused Amerisur Resources has begun drilling on well Platanillo 8 on Pad 5 in the Platanillo field in the Putumayo basin of Colombia.
Amerisur Resources' Jaguarete-1 well in Paraguay has demonstrated the presence of oil within the basin but are "unlikely to be commercially extractable"
Increased production helped South America focused Andes Energia to report larger revenues in 2015 compared with the previous year.
Range Resources said it has been advised by authorities in Colombia that three exploration licences previously awarded to it have been revoked. The company said the National Hydrocarbons Agency in the country had informed them that PUT-5, VMM-7 and VSM-1 had been pulled over claims maintenance commitments had not been fulfilled.
Pacific Exploration and Production has acquired a 50% remaining interest in the CPE-6 block from Talisman in Colombia. The company said the deal for the onshore block is worth $48million.
Andes has struck a deal with Cancel Energy to develop licences held by Interoil Exploration and Production in Colombia.
Baron Oil said the cost of exiting the Nancy Burdine Maxine field in Colombia will be $1 as it completes the formal handover of the field to the state-owned oil company.
Colombia is importing crude for the first time in more than two years as South America’s third-largest crude producer capitalizes on an abundance of higher-quality light grades on the global market.