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20Aug0 comments
EIA: US crude inventories down 1.6 million bbl
US crude oil inventories for the week ended Aug. 14, excluding the Strategic Petroleum Reserve, decreased by 1.6 million bbl…
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20Aug0 comments
Beach upgrades Kupe field reserves
Beach Energy Ltd., Adelaide, has upgraded its reserves estimate for Kupe oil and gas field in the offshore Taranaki basin…
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20Aug0 comments
ENR acquires South Texas acreage from Newpek
Ensign Natural Resources LLC, Houston, has purchased Eagle Ford shale and Edwards acreage in South Texas from Newpek LLC.
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19Aug0 comments
BHP confirms planned Bass Strait exit
BHP has confirmed that it intends to exit its 50% interest in Bass Strait exploration and production permits offshore Gippsland…
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15Aug0 comments
Chevron promotes proposed sale of NWS project assets
Chevron has begun promotion of its proposed sale of the company’s interest in the North West Shelf Project in Western…
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13Aug0 comments
TGS plans Powder River 3D seismic survey
TGS will perform a Powder River basin 3D seismic survey in Johnson County, Wyo. The Voyager 3D survey is a…
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13Aug0 comments
EIA: US crude inventories down 4.5 million bbl
US crude oil inventories for the week ended Aug. 7, excluding the Strategic Petroleum Reserve, decreased by 4.5 million bbl…
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13Aug0 comments
Orca Exploration Group changes name to Orca Energy Group
Orca Exploration Group Inc., Tortola, British Virgin Islands, has changed its legal name to Orca Energy Group Inc. The company’s…
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11Aug0 comments
Oil industry job losses probably reach 100,000, analyst says
Job losses have mounted rapidly in the oil and gas industry, with more expected, as a combination of low prices…
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11Aug0 comments
Petrobras initiates Urucu Cluster sale, inks deal for Do-Re-Mi
Petrobras has initiated the sale of its entire stake in a set of eight onshore production concessions. Seven are in…
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11Aug0 comments
Canadian Natural Resources to acquire Painted Pony Energy
Canadian Natural Resources Ltd. has agreed to acquire Painted Pony Energy Ltd. for a cash consideration of $0.69 per share…
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11Aug0 comments
Oilex settles East Timor dispute
Oilex Ltd., Perth, has executed a deed of settlement and release with East Timor national company ANPM to end lengthy…
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06Aug0 comments
EIA: US crude inventories down 7.4 million bbl
US crude oil inventories for the week ended July 31, excluding the Strategic Petroleum Reserve, decreased by 7.4 million bbl…
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05Aug0 comments
Nexera Energy gains lease extension at Huebinger
Nexera Energy Inc. has acquired an extension for the Huebinger lease at the company’s Wooden Horse project in southwest Texas.
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05Aug0 comments
Sonatrach signs separate MoUs to investigate potential upstream opportunities in Algeria
Algeria’s state-owned Sonatrach has signed separate memorandums of understanding to identify potential opportunities for investment in hydrocarbon projects in Algeria.
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01Aug0 comments
EnQuest to operate Bressay field with Equinor farmout
EnQuest PLC has acquired interest in and operatorship of Brassay oil field offshore UK from Equinor.
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01Aug0 comments
Petrobras starts process to sell Tayrona interest offshore Colombia
Petróleo Brasileiro SA (Petrobras) has initiated the process to sell its equity interests in the Tayrona license in deepwaters at…
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30Jul0 comments
EIA: US crude inventories down 10.6 million bbl
US crude oil inventories for the week ended July 24, excluding the Strategic Petroleum Reserve, decreased by 10.6 million bbl…
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30Jul0 comments
ADNOC adds new Chinese partner to Lower Zakum, Umm Shaif, Nasr concessions
The Abu Dhabi National Oil Co. (ADNOC) has agreed to the transfer of rights in its Lower Zakum and Umm…
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29Jul0 comments
ExxonMobil awards Hebron platform EPC contract extension
ExxonMobil Canada Properties has awarded a 5-year contract extension to Aker Solutions to provide engineering, procurement, and construction (EPC) services…