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Exploration
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
Natural Gas
Conrad Awarded Indonesia Blocks With Development, Multi-Tcf Exploration Potential
Acreage offshore Aceh hosts existing gas discoveries awaiting exploitationAsia-focused independent Conrad Asia Energy has been awarded two new production sharin…
Oil Exploration
China, Philippines to Negotiate Oil and Gas Exploration Talks in South China Sea
The presidents of China and the Philippines agreed to resume talks on oil and gas exploration in the South China Sea. They will also discuss maritime difference…
Oil Exploration
First Oil Flows Into Jack-up Rig After It Gets New Lease on Life as Mopu
India’s government-owned company Oil & Natural Gas Corporation (ONGC) has welcomed the first oil flowing into a jack-up rig, which was recently converted …
Oil&Gas Drilling
Somalia Rejects Genel Energy’s “Illegal Claim” to Oil Permits
NAIROBI, Dec 28 (Reuters) - Somalia rejected on Wednesday what it called an "illegal claim" by Genel Energy (GENL.L) to oil exploration and exploitation rights …
Oil&Gas Drilling
Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique
Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …
Oil Exploration
Oil Explorer Inpex to Merge Tokyo Trading Unit Into Singapore Desk
TOKYO, Dec 26 (Reuters) - Japanese oil and gas explorer Inpex Corp (1605.T) plans to absorb its separate Tokyo trading business into the company in April 2024, …
Oil & Gas Trade
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…
Oil Exploration
QatarEnergy, TotalEnergies And Petronas Win Offshore Exploration Block In Brazil
A consortium of three oil and gas giants – Qatar’s QatarEnergy, France’s TotalEnergies, and Malaysia’s Petronas – have been awarde…
Energy Investment
UAE And Scotland Explore Opportunities In Renewable Energy
The two countries also discussed teaming up on advanced technology, space exploration and carbon neutralityMembers of the UAE delegation, led by Dr Thani Al Zey…
Offshore Wind Power
New Zealand Gov’t Plans to Have Offshore Renewables Regulations In Place by 2024, Temporarily Halts Granting Oil Exploration Permits
Ensuring we have the right settings in place to encourage development of offshore renewable infrastructure will enable us to deliver net zero emissions by 2050.…
Crude Oil
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural…
Crude Oil
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
Crude Oil
Colombia Reportedly Reconsidering Its Idea to Halt on New Oil and Gas Projects
Colombia could reconsider a campaign pledge from its newly-elected leftist President Gustavo Petro to stop new oil and gas exploration licensing in the country,…
Natural Gas
QatarEnergy in Talks for 30% Stake in Lebanon Offshore Gas Project, Says CEO
State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies…
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