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Oil & Gas
Canada approves CNOOC’s offshore drilling project
The Chinese oil company (CNOOC) has received permission to drill in Canada’s Flemish Pass, 400 kilometers east of St. John’s, Newfoundland and Labrador.
Oil & Gas
Drillers in Oil Field are Burning Off More Natural Gas than Ever Before
Methane-emissions intensity in the Permian Basin plunged 64% in the past seven years, even as crude production surged, according to a report by Texans for Natur
Oil & Gas
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
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
Oil & Gas
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
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
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
Oil & Gas
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
Oil & Gas
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
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
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Gulf of Thailand Development Starts Producing Oil
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MHI Selected as Technology Licensor for EET Industrial Carbon Capture Targeting UK's First Low Carbon Refinery
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Nostra Terra Gives Update On Its Texas Oil And Gas Production, Operations
