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?
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.
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.
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.
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.
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.
In a two-hitter, Mid-Con Energy agreed to sell substantially all of its Texas properties while also picking up producing Oklahoma properties.
The country was among several that are showcasing acreage available for oil and gas exploration, development and production.
The Dallas-based oil and gas company is bullish on conventional production and believes that is what is needed to develop significant resources internationally.
There will be no seismic exploration this winter on the coastal plain of the Arctic National Wildlife Refuge (ANWR), the Interior Department said on Feb. 8, after the company seeking permission to conduct the tests ran out of time to get the required permit.