Gas drilling

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…

Crude

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 Drilling

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 Drilling

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 Drilling

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 Drilling

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 Drilling

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 Drilling

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 Drilling

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 Drilling

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…