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Oil & Gas News

Oil Shortage Feared by 2020 as Discoveries Fall to Record Low
27.04.2017
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Oil Shortage Feared by 2020 as Discoveries Fall to Record Low
Global oil discoveries fell to a record low in 2016, the International Energy Agency says, raising f…
China sees shale output soar
27.04.2017
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China sees shale output soar
New data from Beijing have shown that China recorded a 50.4% year-on-year increase in shale gas outp…
Anadarko Petroleum shuts down thousands of wells following fatal house explosion in Colorado
27.04.2017
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Anadarko Petroleum shuts down thousands of wells following fatal house explosion in Colorado
Anadarko Petroleum Corp. has temporarily shut down more than 3,000 older, vertical gas wells across…
Baker Hughes announces first quarter results
27.04.2017
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Baker Hughes announces first quarter results
Baker Hughes Incorporated announced today results for the first quarter of 2017...
ExxonMobil sets sights on 205,000 bpd from Cepu block
27.04.2017
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ExxonMobil sets sights on 205,000 bpd from Cepu block
ExxonMobil wants to boost oil production from the Cepu block on Indonesia’s Java Island to 205…
Petroperu plans US$3bn bond issue
26.04.2017
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Petroperu plans US$3bn bond issue
Petroperu intends to issue US$3 billion in bonds before the end of June...
SeaBird Exploration to acquire 2D seismic survey in West Africa
26.04.2017
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SeaBird Exploration to acquire 2D seismic survey in West Africa
SeaBird Exploration is pleased to announce that it has signed a letter of award for an upcoming 2D s…
Zargon Oil & Gas Ltd. announces Board of Directors changes
25.04.2017
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Zargon Oil & Gas Ltd. announces Board of Directors changes
K. James Harrison has advised Zargon (TSX:ZAR)(TSX:ZAR.DB.A) that he does not intend to stand for re…
Private capital wave buoys US shale industry
24.04.2017
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Private capital wave buoys US shale industry
Private capital investment into US oil and gas, and particularly the shale industry, is on the rise…
Chevron announces planned sale of Bangladesh companies
24.04.2017
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Chevron announces planned sale of Bangladesh companies
Chevron Corporation (NYSE: CVX) announced that its wholly-owned subsidiary, Chevron Global Ventures,…
Lamprell delivers Shelf Drilling Krathong jack-up rig
24.04.2017
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Lamprell delivers Shelf Drilling Krathong jack-up rig
Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to t…
Rosneft and LUKoil launch drilling in the Arctic
24.04.2017
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Rosneft and LUKoil launch drilling in the Arctic
Russian oil rivals Rosneft and LUKoil are preparing to launch drilling work within days at the north…
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