Report: Petrobras, Brazil Dispute Transfer Of Rights Worth $30B
Fri, 18 Aug 2017 00:00:00 GMT
Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
Local Media: Local Firm Wins Shale Gas Block Auction In China's Guizhou
Fri, 18 Aug 2017 00:00:00 GMT
A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province.
Governor Urges Trump To Drop Virginia From Offshore Drilling Plan
Thu, 17 Aug 2017 00:00:00 GMT
Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan.
Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction
Wed, 16 Aug 2017 00:00:00 GMT
Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.
China To Develop New Shale Gas Fields, Plans Guizhou Auction This Week
Tue, 15 Aug 2017 00:00:00 GMT
China plans to develop two new shale gas fields in the south of the country and open up tenders for more oil and gas exploration blocks, the Ministry of Land Resources says.
Britain's Tullow Launches Oil, Gas Exploration In Zambia
Fri, 11 Aug 2017 00:00:00 GMT
Tullow Oil starts exploring for oil and gas in Zambia.
Exploration Chief: Mexico's Pemex Seeks Oil Projects In Americas
Wed, 09 Aug 2017 00:00:00 GMT
Pemex is looking for oil projects in the United States, Brazil, Colombia and Argentina to keep up output after an energy reform.
No-Name US Oil Driller Gets Shot at World's Top Reserves
Wed, 09 Aug 2017 00:00:00 GMT
'It's very unorthodox to see a small player like Horizontal Well Drillers pop up on a project this size,' said Luke Lemoine, an energy analyst at Capital One Securities Inc.
Energy Explorers Search Pakistani 'Wild Cat Areas' as Fields Dry
Sun, 06 Aug 2017 00:00:00 GMT
Pakistan's state-owned companies are spending record amounts on energy exploration, including in areas more known for separatist insurgency, as old fields start to dry up.
From a Little-Known Shale Play in New Mexico, BP Gets a Gusher
Mon, 07 Aug 2017 00:00:00 GMT
BP may have just found a gem in a largely ignored corner of New Mexico.
Greece Launches New Offshore Oil And Gas Tenders
Mon, 07 Aug 2017 00:00:00 GMT
Greece launches two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry says.
Big Oil's Dream of $65 Billion Hidden Off Norway Is Fading Away
Mon, 07 Aug 2017 00:00:00 GMT
The oil industry has been salivating for years over Norway's Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
The Shale Revolution and the Great Crew Change
Mon, 07 Aug 2017 00:00:00 GMT
There are not many Explorationists left.
Malaysia's Petronas Says Awarded Shallow-Water Oil And Gas Block In Mexico
Wed, 02 Aug 2017 00:00:00 GMT
Petronas says it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico.
Repsol Says Drilling Suspended On Vietnam Oil Block Disputed By China
Wed, 02 Aug 2017 00:00:00 GMT
Repsol says it had suspended oil drilling in a block off Vietnam, where the prospecting in South China Sea waters claimed by China had infuriated Beijing and brought Chinese pressure on Vietnam to stop.
Nigeria To Continue Oil Exploration In Lake Chad Basin Despite Kidnapping
Mon, 31 Jul 2017 00:00:00 GMT
Nigerian scientists will continue to search for oil in the restive Lake Chad Basin region despite a kidnapping of some researchers by suspected Boko Haram members.