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Oil&Gas Drilling
Oil & Gas
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
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
Oil & Gas
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
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
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
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
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
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
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
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
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
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
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
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
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
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