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Oil & Gas News

Rosneft and Statoil strike out in Sea of Okhotsk
28.04.2017
1 138
Rosneft and Statoil strike out in Sea of Okhotsk
Russia’s Rosneft and Norway’s Statoil have failed to find commercially viable oil reserv…
Oil Shortage Feared by 2020 as Discoveries Fall to Record Low
27.04.2017
2 002
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
1 369
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
1 270
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
3 945
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
1 294
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
1 255
Petroperu plans US$3bn bond issue
Petroperu intends to issue US$3 billion in bonds before the end of June...
Zargon Oil & Gas Ltd. announces Board of Directors changes
25.04.2017
1 143
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
1 137
Private capital wave buoys US shale industry
Private capital investment into US oil and gas, and particularly the shale industry, is on the rise…
OPEC increases its 2017 global demand growth predictions
22.04.2017
2 542
OPEC increases its 2017 global demand growth predictions
OPEC increased its world oil demand predictions to 1.27 million barrels per day, a growth in revisio…
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