Israel Electric Agrees To Interim Natural Gas Deal With Leviathan Field

State-run Israel Electric Corp. (IEC) has chosen the Leviathan gas field off Israel's Mediterranean coast for a short-term natural gas supply deal, saying it would lower its costs by up to $175 million.

April 7, 2019

Conventional , International

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?

March 21, 2019


ADNOC Awards Japan’s Inpex Corp. Onshore Exploration Concession

Abu Dhabi National Oil Co. (ADNOC) awarded Japan’s Inpex Corp. an onshore exploration concession in Abu Dhabi's competitive block bid round, ADNOC said in a statement on March 17.

March 17, 2019

Investment , Unconventional , Field Development , Conventional , Shale Plays , Lease Sales

Pakistan To Offer Gas Fields To Foreign Explorers, Investors

More than 30 onshore gas blocks have been identified and Pakistan's government plans to auction a large chunk of them in one or two licensing rounds by the end of 2019.

March 12, 2019

Public Capital , People , Earnings , Conventional

Ultra Petroleum Fills Out Executive Team With Brad Johnson As CEO

Rockies oil and gas producer Ultra Petroleum’s recruitment of a new senior management team follows an agreement with its largest shareholder to pursue value-maximizing strategies.

March 7, 2019

Investment , Field Development , Conventional , Joint Ventures

Pemex Partners To Invest $250 Million In Two Onshore Blocks In Mexico

Two JV partners of Mexico's state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output.

March 6, 2019


Indonesia's Major New Gas Find May Delay Arrival Of Output Deficit

The discovery of a major new natural gas field in Indonesia may push back the day the country's gas consumption outpaces its production and reduce its reliance on imported liquefied natural gas (LNG), officials and analysts said on Feb. 20.

February 20, 2019

Public Capital , Conventional , Acquisitions & Divestitures

Mid-Con Energy Reveals Over $87 Million In Deals Including Texas Exit

In a two-hitter, Mid-Con Energy agreed to sell substantially all of its Texas properties while also picking up producing Oklahoma properties.

February 19, 2019

Investment , Conventional , Lease Sales

Croatia Among Countries Opening Doors To Oil, Gas Investors

The country was among several that are showcasing acreage available for oil and gas exploration, development and production.

February 15, 2019

Conventional , Acquisitions & Divestitures

Hunt Oil Sees Value In International Oil Exploration

The Dallas-based oil and gas company is bullish on conventional production and believes that is what is needed to develop significant resources internationally.

February 14, 2019