Gas drilling

Oil&Gas Drilling

China's Top Coal Province to Seek Investors Extracting Gas from Abandoned Mines

Shanxi holds about 2,052 sq km of depleted coal mine zones that could contain an estimated 72.6 billion cubic metres of coal-seam gas.

Oil&Gas Drilling

U.S. offshore rig count drops to 23

The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, Decemb…

LNG

Novatek secures Bukharinskiy license through Arctic LNG 1 unit

Russian oil and gas company Novatek has secured the rights to explore the Bukharinskiy license through its Arctic LNG 1 unit.

Oil&Gas Drilling

Russian Oil Company Enters Two Blocks Offshore Egypt

Russian state-controlled oil company Zarubezhneft has entered into a production sharing agreement for two offshore blocks blocks in Egypt.

Oil&Gas Drilling

NPD Grants Equinor A Drilling Permit,Mist Well

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.

Oil&Gas Drilling

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 Drilling

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 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 …

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…

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 …

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…