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Vietnam - May 07, 2024
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100.5 million barrels.
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Namibia - May 7, 2024
The World Bank has granted Namibia a $138.5-million loan to improve its transmission network and add renewables to its energy mix.
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Mozambique - May 07, 2024
Mozambique's Coral Sul FLNG has passed its performance test, achieving LNG production of 3.4 million tpy.
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NEWS
UK - May 03, 2024
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters.
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NEWS
USA - May 03, 2024
ExxonMobil announced the closing its acquisition of Pioneer Natural Resources, creating a Permian Basin powerhouse.
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Angola - May 03, 2024
Azule Energy and Rhino Resources will enter a strategic farm-in agreement for Block 2914A in Namibia.
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Morocco - May 03, 2024
Chariot has started exploratory drilling operations at the Loukos Onshore licence in Morocco.
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Trinidad and Tobago - May 02, 2024
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal.
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NEWS
China - December 10, 2015
China LNG company Guanghui Energy announced an agreement on Wednesday to import LNG from Petronas. Malaysia’s state-owned energy company will…
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NEWS
USA - December 10, 2015
Many US oil companies operating in shale play will have to erase millions of barrels from the reserves on their books in the next few months as they…
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New Zealand - December 10, 2015
Shell announced its New Zealand assets were under review in a press conference on Thursday, after 100 years of operating in the country.Shell…
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USA - December 10, 2015
Oil prices fell for a fourth day in a row on Wednesday when US stockpiles of distillate fuels such as petrol and diesel doubled industry forecasts.…
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USA - December 10, 2015
Chevron announced significant cuts in its production and exploration budget, as part of a plan to cut capital expenditure by 24% to $26.6 billion.…
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Brazil - December 09, 2015
Petrobras is putting up for sale a quarter of its 40% stake in the Libra offshore oil prospect to reduce its $130-billion debt, the largest in the…
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Egypt - December 09, 2015
BP increased its working interest in the $12-billion West Nile Delta gas project in Egypt.The supermajor bought a 22.75% share in the North…
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Mexico - December 09, 2015
Pemex announced on Tuesday the discovery of two shallow-water deposits that have production potential of 40,000 barrels of oil per day (bopd). New…
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Equatorial Guinea - December 09, 2015
Independent exploration and production company Ophir Energy announced Wednesday that its Fortuna floating LNG project in Equatorial Guinea,…
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USA - December 09, 2015
US independent Energy & Exploration Partners filed for Chapter 11 bankruptcy protection on Monday, listing debts of $10 billion and assets worth…
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