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Oil & Gas
CNOOC Makes Large Oil Discovery in Bohai Bay
Chinese oil and gas company CNOOC Limited has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in La
Oil & Gas
Russia Makes Move On Antarctica’s 513 Billion Barrels Of Oil
Rosgeologia’s seismic surveys and other related work since the 70s to now indicate that there is at least 513 billion barrels of oil and gas equivalent in Anta
Oil & Gas
Shell and ExxonMobil Plan for Exploration of Blocks Offshore Somalia
The Ministry of Petroleum and Mineral Resources of Somalia has agreed on an initial roadmap with the Shell/ExxonMobil joint venture focused on the next steps to
Oil & Gas
Equinor Strikes Oil Near Gudrun Field in North Sea
Equinor has made an oil discovery near the Gudrun field following the conclusion of the drilling of wildcat wells 15/3-12 S and 15/3-12 A in the central part of
Oil & Gas
Lebanon Launches Oil and Gas Exploration Project
Lebanese President Michel Aoun on Thursday inaugurated the country's first offshore oil and gas exploration, the President's office said in a statement.
Oil & Gas
Arctic Oil Drilling Plan Coming Soon, U.S. Interior Chief Says
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said Saturday.
Oil & Gas
Lebanon Begins 'Historic' Offshore Oil Drilling Amid Crisis
Lebanon's president Thursday inaugurated the Mediterranean country's first offshore exploratory drilling for oil and gas, calling it a “historic day” for the
Oil & Gas
UAE’s Latest Natural Gas Discovery Is A Gamechanger
The Persian Gulf is, without doubt, the most prominent oil and gas production area in the world. After decades of intensive exploration and production, the regi
Oil & Gas
Saudi Aramco Announces Regulatory Approval of Al-Jafurah Gas Field
Saudi Aramco on Saturday announced the regulatory approval of the development of the Al-Jafurah unconventional gas field in the Eastern Province, the largest no
Oil & Gas
Frontera Announces Discovery in Colombia
Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint v
Policy & Regulation
Virginia Lawmakers Vote to Block Offshore Drilling in Rebuke to Trump Plan
Virginia lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Trump administration
Oil & Gas
BP Produces First Oil from Alligin Field Off UK
Oil major BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.
Oil & Gas
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte
Oil & Gas
Libya Says Oil Shutdown Caused Over $255 Million in Losses
The closure of Libya’s major oil fields and production facilities has resulted in losses of more than $255 million in the six-day period ending Jan. 23, the co
Oil & Gas
Libyan Oil Production Falls as US Issues Warning
FEARS of further damaging military intervention in Libya have been raised after the US demanded the resumption of oil production in the country.
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