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Drilling
U.S. DOE Awards $7m in Funding for Work on Reducing Geothermal Drilling Cost
The U.S. Department of Energy has announced the recipients of $7 million funding to help decrease the cost of geothermal drilling operations and field developme…
Oil&Gas Drilling
Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…
Oil&Gas Drilling
Russia’s Oil Companies Propose Postponing Extension of OPEC+ Deal Until March
At a meeting at the Ministry of Energy on Thursday, representatives of the Russian oil industry proposed that the current quotas for reducing production within …
Cornish Lithium has Started Drilling in Efforts to Source Lithium
Cornishl Lithium has commenced drilling of two research wells in Cornwall UK to explore lithium contained within naturally-occurring underground geothermal brin…
Oil&Gas Drilling
Total, Eni And Sonangol Bid for Angolan Oil And Gas Acreage
Angola’s oil, gas and biofuels agency (ANPG) announced the names of companies that submitted proposals for 10 fields in the Namibe and Benguela basins, which c…
Oil&Gas Drilling
Is Big Oil Wasting Its Time in The US Shale Patch?
Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majo…
Oil&Gas Drilling
Ghanaian Firm Springfield Makes Historic Oil Discovery of 1.2bn Barrels in Deepwater
The company last month commenced its drilling activity in the West Cape Three Points Block 2 and a little over a month later made a discovery that was set to be…
New Exploration Method to Localise Potential Drilling Sites for Geothermal Energy
Researchers by the German Research Center for Geosciences (GFZ) in Potsdam introduce a new method for exploration and the localization of interesting potential …
Oil&Gas Drilling
Pakistan, China Agree to Work on Four Key Projects for Oi l& gas
Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline …
New Exploration Method for Geothermal Energy
Where to drill? This is the basic question in the exploration of underground energy resources, such as geothermal energy. Water in rocks flows along permeable p…
Oil&Gas Drilling
China's CNPC Launches Deepest Onshore Gas Field
CNPC has fully launched the deepest onshore gas field in the country, Keshen 9, in the south foot of Tianshan in Tarim oilfield, Xinjiang region, reported state…
Oil&Gas Drilling
Iran’s president: New oil field found with over 50B barrels
Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reser…
Crude
Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing
“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”
Oil&Gas Drilling
UAE Announces New Oil And Gas Reserves in Abu Dhabi
The Supreme Petroleum Council (SPC), the highest energy decision-making authority of the United Arab Emirates, announced on Monday major increases in Abu Dhabi …
Oil&Gas Drilling
UK Government Will Halt Controversial Fracking Because of Earthquake Fears
The announcement comes after a report by the Oil and Gas Authority (OGA) found it is not currently possible to accurately predict the probability or magnitude o…
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