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25Jul0 comments
Central upgrades Mereenie, Palm Valley field reserves
Central Petroleum Ltd., Brisbane, has upgraded proven and probable oil and gas reserves for its three producing oil and gas…
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24Jul0 comments
ConocoPhillips enters deal to add Montney acreage from Kelt Exploration
ConocoPhillips has agreed to acquire Montney acreage in in British Columbia held by Kelt Exploration (LNG) Ltd. for $375 million…
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23Jul0 comments
Vitol establishes US upstream venture
International trading company Vitol has established Vencer Energy LLC to acquire mature, producing oil and gas assets, with a specific…
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23Jul0 comments
EIA: US crude inventories up 4.9 million bbl
US crude oil inventories for the week ended July 17, excluding the Strategic Petroleum Reserve, increased by 4.9 million bbl…
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22Jul0 comments
Lalea Energy signs agreement for Bobocu production license onshore Romania
Lalea Energy BV agreed to acquire 100% participating interest in the Bobocu production license, onshore southeastern Romania, from Claren Energy…
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21Jul0 comments
Chevron to acquire Noble Energy for $5 billion
Chevron agreed to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion….
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21Jul0 comments
Strike farms out 45% Waylering permit interest to Talon Petroleum
Strike Energy Ltd., Adelaide, farmed out a 45% interest in the onshore North Perth basin Waylering prospect (permit EP447) to…
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17Jul0 comments
Central Resources acquires two onshore fields from Petrobras
Central Resources do Brasil Produção de Petróleo Ltda has acquired Petrobras’s entire participation in onshore fields Ponta do Mel and…
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17Jul0 comments
Trident Energy acquires Campos basin assets from Petrobras
Trident Energy do Brasil LTDA, a subsidiary of Trident Energy, has entered Brazil’s offshore environment with acquisition of shallow water…
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16Jul0 comments
EIA: US crude inventories down 7.5 million bbl
US crude oil inventories for the week ended July 10, excluding the Strategic Petroleum Reserve, decreased by 7.5 million bbl…
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16Jul0 comments
Twinza, PNG government begin gas agreement talks for Pasca development
Twinza Oil Ltd., Perth, has begun negotiations with the government of Papua New Guinea on a gas agreement for development…
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15Jul0 comments
Senex increases Surat basin gas reserves by 21%
Senex Energy Ltd., Brisbane, released an independent assessment of its gas reserves and contingent resources that increases the company’s Surat…
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15Jul0 comments
Gulf Energy farms in to North West Gemsa license
Gulf Energy, a private Egyptian oil and gas company, has acquired SDX Energy PLC’s 50% working interest in the late-life,…
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10Jul0 comments
OPEC Secretary General: No objective to drive US shale out of business
The intervention of the US, the G-20, and other leading producing countries was vital in securing April’s production deal to…
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08Jul0 comments
Petrobras begins Campos basin platform decommissioning
Petroleo Brasileiro SA (Petrobras) has begun decommissioning of the P-12 platform in the Campos basin off Brazil following approval by…
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07Jul0 comments
US gas exports to Mexico set to rise with Wahalajara completion
US exports of natural gas by pipeline will increase with the completion of the southern-most segment of the Wahalajara system,…
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07Jul0 comments
Santos granted production license for Barossa gas project
Santos Ltd., Adelaide, has been granted a production license surrounding its Barossa-Caldita gas fields in the offshore Northern Territory sector…
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02Jul0 comments
Saudi Aramco CEO on oil markets: The worst is behind us
The worst is behind us in oil markets, says Saudi Aramco President and Chief Executive Officer Amin H. Nasser in…
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02Jul0 comments
Half-year discoveries total 4.9 billion boe, lowest of the century
Global discoveries of conventional resource volumes reached just 4.9 billion boe in the first half of 2020, Rystad Energy estimates,…
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02Jul0 comments
EIA: US crude inventories down 7.2 million bbl
US crude oil inventories for the week ended June 26, excluding the Strategic Petroleum Reserve, decreased by 7.2 million bbl…