Gas drilling

Oil&Gas Drilling

China's CNOOC Makes 100 Million Ton Oilfield Discovery in South China Sea

The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …

Oil&Gas Drilling

Argentina State Oil Firm YPF to Invest $3 Bln in Shale in 2024

A view shows YPF Tower, a day after Argentina's runoff presidential election, in Buenos Aires, Argentina November 20, 2023. REUTERS/Agustin Marcarian Purcha…

Oil&Gas Drilling

Chevron Restarts Drilling in Key Venezuela Oil Field

A Petroleos de Venezuela SA (PDVSA) oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Wednesday, Nov. 15, 2023. A decision by the US on Oct.…

Oil&Gas Drilling

Dutch Lawmakers Indicate Support to Permanently Shutter Groningen Gas Wells

A majority in the Dutch parliament said on Wednesday they would back a proposal to permanently seal off gas production wells at the Dutch Groningen field in a v…

Oil&Gas Drilling

Bangladesh to Invite Bids for Offshore Oil and Gas Exploration

Bangladesh will invite international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal on March 10 in an effort to boost domestic energy pro…

Oil&Gas Drilling

Canadian Oil Producer Cenovus to Boost Production 19% in Five Years

Cenovus Energy (CVE.TO), opens new tab, Canada’s third-largest oil producer, said on Tuesday it plans to boost energy production by 19% during the next fi…

Oil&Gas Drilling

Netherlands Won't Permit Gas Drilling in Sensitive Wadden Sea, Government Says

A person walks on ice on the Wadden Sea during the low tide near the island of Schiermonnikoog, the Netherlands, February 28, 2018. REUTERS/Cris Toala Olivares/…

Oil&Gas Drilling

China's Landmark Deep-Earth Borehole Drilling Exceeds 10,000 Meters

A drone photo taken on March 2, 2024 shows the "Shenditake 1" borehole in the Taklimakan Desert in the Tarim Basin, northwest China's Xinjiang Uygur Autonom…

Oil&Gas Drilling

Diamond Offshore Clinches New $350M Drillship Deal with BP

Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of Mexico for the seventh-generation dr…

Oil&Gas Drilling

ADX Ramps up European Gas Pursuit at Welchau Well

ADX Energy’s hunt for 807 billion cubic feet (Bcf) of European gas is continuing to gather steam, with the drilling of its Welchau-1 exploration well in A…

Oil&Gas Drilling

OPEC+ Members Extend Oil Output Cuts to Second Quarter

A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeg…

Oil Exploration

FG Eyes 2.5 Million Barrels Daily Oil Production

Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…

Oil&Gas Drilling

Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec

Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…

Oil&Gas Drilling

Saudi Arabia Announces Major Gas Discovery at Jufurah Field

Saudi Arabia announced a major gas discovery on Sunday at the state oil company Aramco's Jufurah field.Energy Minister Prince Abdulaziz bin Salman said an a…

Oil & Gas Trade

Aramco Announces Big Gas, Condensate Find in Saudi Arabia

Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field…