NEWS
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 07, 2015
OPEC’s decision against a production quota for member nations is good news for Asia-Pacific economies that depend on oil imports, as the…
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NEWS
Colombia - December 07, 2015
The Colombian government signed an agreement on Friday with US operator ConocoPhillips and Canadian company Canacol’s regional affiliate CME for…
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Azerbaijan - December 07, 2015
As much as 29 workers are feared dead after a fire caused by storm damage to a gas pipe tore through an offshore oil platform operated by…
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Austria - December 04, 2015
Oil prices fell on Friday after sources said OPEC looked unlikely to take steps to cut oil production in in order to retain market share and raise…
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Mozambique - December 04, 2015
Eni has reached an agreement with US oil and gas company Anadarko Petroleum regarding unitisation at development areas offshore Mozambique, the…
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Kurdistan Region of Iraq - December 04, 2015
Kurdistan Regional Government (KRG) officials have denied Russian President Vladimir Putin's recent allegations surrounding oil trade between Turkey…
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India - December 04, 2015
US engineering, procurement and construction giant McDermott International and Indian multinational Larsen & Toubro won contracts to work on two…
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China - December 04, 2015
Asia’s LNG surplus is set to increase in 2016, as new production comes to market and demand from major importers such as Japan, South Korea and…
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USA - December 04, 2015
The US House of Representatives voted on Thursday to pass a major energy reform bill. The legislation, which passed with a 249-174 vote, includes…
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Syria - December 03, 2015
UK Royal Air Force Tornados have bombed an Islamic State (IS) militant oilfield in Eastern Syria Thursday, following a positive vote for strikes in…
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