Many US oil companies operating in shale play will have to erase millions of barrels from the reserves on their… Read More
Shell announced its New Zealand assets were under review in a press conference on Thursday, after 100 years of operating… Read More
Oil prices fell for a fourth day in a row on Wednesday when US stockpiles of distillate fuels such as… Read More
Chevron announced significant cuts in its production and exploration budget, as part of a plan to cut capital expenditure by… Read More
Petrobras is putting up for sale a quarter of its 40% stake in the Libra offshore oil prospect to reduce… Read More
BP increased its working interest in the $12-billion West Nile Delta gas project in Egypt. Read More
Pemex announced on Tuesday the discovery of two shallow-water deposits that have production potential of 40,000 barrels of oil per… Read More
Independent exploration and production company Ophir Energy announced Wednesday that its Fortuna floating LNG project in Equatorial Guinea, Africa’s first,… Read More
US independent Energy & Exploration Partners filed for Chapter 11 bankruptcy protection on Monday, listing debts of $10 billion and… Read More
Egypt’s Ministry of Petroleum and Mineral Wealth signed two agreements for oil and gas exploration in the Gulf of Suez… Read More
This website uses cookies.