Velda
Addison
Hart Energy
Hess Shares Insight On Guyana Oil Discoveries, Plans
More exploration drilling, appraisal work and seismic acquisition are ahead for the Stabroek Block as the company looks to start activity in Block 59 offshore Suriname.
Tullow Oil Eyes Next Hot Spot, Gears Up For Guyana Probe
Tullow positions itself offshore Comoros, a potential future oil and gas hot spot, as it prepares to drill offshore Guyana next year.
Argentina Reveals $2.3 Billion Joint Shale Oil Project With Petronas
Argentina’s state-controlled energy company YPF and Malaysia’s Petronas are forming a joint venture to invest $2.3 billion over the next four years in the country’s Vaca Muerta shale oil fields, the president’s office announced on Dec. 4.
Rising US Crude Output Sparks Race To Build Export Terminals
A high-stakes competition is emerging among energy exporters proposing multi-million-dollar crude terminals along the U.S. Gulf Coast to handle a gusher of shale oil coming from West Texas oilfields.
Cuadrilla Pauses Gas Fracking Again At English Site After Tremor
British shale gas company Cuadrilla has paused fracking at its Preston New Road site in northwest England for the second time in two weeks, after a tremor with a magnitude of 1.1 was detected on Oct. 29, the company said.
Oil Output From Saudi, Kuwait Shared Zone On Hold As Relations Sour
The two countries halted output from the jointly run Khafji and Wafra oil fields in the so-called Neutral Zone more than three years ago, cutting some 500,000 barrels per day, or 0.5%, of global oil supply.
Apache CEO Shares Insight On Permian’s Alpine High
Perceptions have changed for the better for the emerging oil and gas play as activity increases and others move into the neighborhood.
OPEC Oil Output Boost In September Limited By Iran Losses
OPEC delivered only a limited increase in oil production in September, a Reuters survey on Oct. 1 has found, as a cut in Iranian shipments due to U.S. sanctions offset higher output in Libya, Saudi Arabia and Angola.
Breaking Good In Albuquerque
Despite recently being overshadowed by the neighboring San Juan, the Albuquerque Basin is expected to have resource potential in line with higher profile basins such as the Eagle Ford and Bakken shales.
Norway Gets Bids From 38 Oil Firms In Licensing Round
Bidders include oil majors Shell (NYSE: RDS.A), ConocoPhillips (NYSE: COP) and Total (NYSE: TOT), as well as Norway’s Equinor (NYSE: EQNR) and Aker BP, Sweden's Lundin and Italy’s Eni (NYSE: E).