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Drilling
Oil&Gas Drilling
Frontera Announces Discovery in Colombia
Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint v…
Oil & Gas Trade
US says Cyprus has Key Role in East Med Energy
Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run…
Oil&Gas Drilling
Virginia Lawmakers Vote to Block Offshore Drilling in Rebuke to Trump Plan
Virginia lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Trump administration…
Oil&Gas Drilling
BP Produces First Oil from Alligin Field Off UK
Oil major BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.
Oil&Gas Drilling
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte…
Oil&Gas Drilling
Libya Says Oil Shutdown Caused Over $255 Million in Losses
The closure of Libya’s major oil fields and production facilities has resulted in losses of more than $255 million in the six-day period ending Jan. 23, the co…
Oil&Gas Drilling
Libyan Oil Production Falls as US Issues Warning
FEARS of further damaging military intervention in Libya have been raised after the US demanded the resumption of oil production in the country.
Oil&Gas Drilling
China Finds Oil In Asia’s Deepest Onshore Well
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-s…
Oil&Gas Drilling
EU Warns Turkey Off Mediterranean Gas Exploration Plans
The European Union has urged Turkey to drop plans to drill for oil and gas around Cyprus and the eastern Mediterranean, saying such exploration was “illegal”.…
Oil&Gas Drilling
Trump Administration Grants Chevron License to Keep Drilling in Venezuela
The Department of Treasury is allowing Chevron, along with four other U.S. service suppliers, to continue operating in Venezuela despite U.S. sanctions.
Oil&Gas Drilling
Huge New Field Sends Norway’s Oil Production To 9-Year-High
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…
Oil&Gas Drilling
First Shafag-Asiman Exploration Well Spudded Offshore Azerbaijan
SOCAR and BP announced today that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 J…
Oil&Gas Drilling
Bill to Rollback Natural Gas Drilling Regulations Clears Pennsylvania House Committee
Despite the looming promise of Gov. Tom Wolf’s veto, a Pennsylvania House panel has advanced a bill loosening regulations for conventional gas drillers.
Oil&Gas Drilling
3 Arctic Wilderness Areas to Watch as Trump Tries to Expand Oil & Gas Drilling
When President Donald Trump entered the White House in 2017, his intention was clear: His would be an administration defined in part by a no-holds-barred effort…
Trump Easing Climate Standards may Expand Offshore Drilling
Interstate pipeline and offshore drilling projects are more likely to receive federal approval if President Donald Trump’s changes to longstanding environmenta…
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