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Oil & Gas
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
Oil & Gas
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
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
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
Oil & Gas
Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contaminat
Oil & Gas
BP Makes Major Gas Discovery Offshore Mauritania
BP has made a major gas discovery with the Orca-1 well, drilled just south of the BirAllah discovery, offshore Mauritania. With 13 trillion cubic feet (tcf) of
Oil & Gas
OPEC+ will Factor in Weak U.S. Output at December Meeting
Russia’s energy ministry said on Monday that OPEC and its oil-exporting allies would factor in the slowdown of U.S. oil output growth when they meet to discuss
Oil & Gas
Exploration Disappointment for Cnooc West of Shetland
Chinese firm Cnooc has confirmed that its Howick exploration well located west of Shetland was a duster. The company, which has a base in Kingswells, Aberdeen,
Oil & Gas
Shell Egypt to Sell Western Desert Assets to Focus on Expanding Offshore Gas Projects
A source in the oil sector told Daily News Egypt, that Shell has begun to exit globally from the activity exploration and production in onshore areas, to focus
Oil & Gas
U.S. Drillers Add Oil Rigs for First Week in Eight -Baker Hughes
U.S. energy firms this week increased the number of oil rigs operating for the first time in eight weeks even though energy services firms are cutting jobs as m
Oil & Gas
Trump Opening California Public Land to Fracking, Gas Leases. Is it‘Reckless’?
The Trump administration has finalized its plans to open hundreds of thousands of acres of federal land in Central California to oil and gas leasing, paving the
Oil & Gas
Irish Government to End Offshore Oil Drilling,And Gas Is To Follow
Ireland's Taoiseach Leo Varadkar announced at a UN assembly earlier this week that the Irish Government is ending offshore oil drilling, and gas is to follow.
Oil & Gas
Is China Blocking Vietnam’s Access To $2.5 Trillion In Oil & Gas?
The United States has China of interfering with oil and gas drilling operations off the coast of Vietnam in the disputed waters of the South China Sea. This is
Oil & Gas
U.S. Crude Oil Rig Count Plunges To Near 2-Year Low
The US oil and gas rig count fell sharply on Friday, decreasing by 19 for the week, according to Baker Hughes. The total oil and gas rig count now stands at 916
Oil & Gas
U.S. Sanctions Deadline is Threatening to Clobber Venezuela's Dwindling Oil-Rig Fleet
A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nation with the world’s la
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Most views from Oil&Gas Drilling
1
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
2
Gulf of Thailand Development Starts Producing Oil
3
China's Bohai Oilfield Completes Drilling of 6,088-Meter Well
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BP Shuts Down Oil Production at Offshore Platform in Azerbaijan
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Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel