ExxonMobil has officially labelled the Liza discovery offshore Guyana a commercial oil find, marking the first-such event for the country in… Read More
DNO on Wednesday inked a memorandum of understanding (MoU) with National Iranian Oil Company for the development of the Changuleh… Read More
Saudi Arabia is going to publish independently audited oil reserves figures in an effort to ensure the transparency of Saudi… Read More
The Permian basin’s Wolfcamp Shale is estimated to hold continuous oil in place reserves of more than 20 billion barrels,… Read More
The Niger Delta Avengers (NDA) on Tuesday claimed responsibility for the several pipeline attacks, including the hits on the Nembe… Read More
BP and GE on Tuesday launched Plant Operations Advisor (POA), a real-time asset management technology that was tested on a… Read More
Indonesia has put three unconventional gas blocks up for offer, the Ministry of Energy and Mineral Resources announced on Tuesday. Read More
Colombia’s Ecopetrol, struggling with lower sales and production, on Tuesday announced a 65% year-on-year drop in net profit for the… Read More
Russia’s minister of economic development, Alexei Ulyukayev, was apprehended on Tuesday morning for allegedly having extorted a bribe from Rosneft,… Read More
Mexico's National Hydrocarbons Commission (CNH) will put 14 onshore licences up for bid, the regulator said on Monday. The awards… Read More
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