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Equinor Pushes Forward With Mariner As Global Heavy Oil Production Falls
Equinor and partners are investing more than $7 billion in the development east of the Shetland Islands in the U.K. North Sea.
India’s Environmental Committee Gives Cairn Green Light For Barmer Expansion Project
Cairn Oil & Gas will drill about 300 development/injection wells and construct 205 well pads to increase production from the Barmer fields.
Algeria Amends Hydrocarbon Law To Attract Foreign Investors
The first circulated draft of the much anticipated hydrocarbon law in Algeria, has shown that the government has loosen up the law in a move that aims to attract more foreign investors to the energy sector in Algeria. The question is, will it be passed amid contentious political transition?
Murphy Oil Cashes Out Of Malaysia In Over $2 Billion Sale
Murphy Oil plans to use proceeds from its Malaysia exit to PTTEP for share buybacks as well as funding Eagle Ford Shale and U.S. Gulf of Mexico operations.
The Latest
Equinor Pushes Forward With Mariner As Global Heavy Oil Production Falls
Equinor and partners are investing more than $7 billion in the development east of the Shetland Islands in the U.K. North Sea.
March 25, 2019
Woodside Halts Gas Production Off Western Australia Ahead Of Cyclone
Tropical cyclone Veronica was about 95 km east north east of Karratha, the location of the two LNG plants, early on March 25.
March 25, 2019
Fire Breaks Out At Kazakhstan’s Kalamkas Oil Field
Kalamkas, MangistauMunaiGas's biggest field, has traditionally accounted for more than 60% of the company’s production.
March 25, 2019
Sinopec Plans To Develop New Shale Gas Field At Weirong In Sichuan
The state-run company said the field will tap a proven reserve equivalent to 124.7 Bcm of gas at Weirong in the southwestern province of Sichuan.
March 25, 2019
ADNOC Awards Onshore Exploration Block To Indian Consortium
Two Indian companies—Bharat Petroleum Corp. Ltd. and Indian Oil Corp.—will together hold a 100% stake in the exploration phase for Onshore Block 1, ADNOC said in a statement.
March 25, 2019
US Buyers Of Venezuelan Oil Sub In Shell, BP Offshore Crude
U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region.
March 25, 2019
Updated: Top 12 IP Wells in Woodford Shale
March 2019 update: Continental Resources announces Woodford Shale discovery in the Squaw Creek Field flowing 22.6 million cubic feet per day of gas.
March 25, 2019
India’s Environmental Committee Gives Cairn Green Light For Barmer Expansion Project
Cairn Oil & Gas will drill about 300 development/injection wells and construct 205 well pads to increase production from the Barmer fields.
March 24, 2019
US Oil Drillers Cut Rigs For Fifth Consecutive Week
Drillers cut nine oil rigs in the week to March 22, bringing the total count down to 824, the lowest since April 2018, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
March 22, 2019
Reserve Reports May Signal Shale Stress For North American E&Ps
Simmons Energy analysts reveal that unconventional shale is “showing signs of stress” as E&Ps disclose performance-related reserve writedowns.
March 22, 2019