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Mexico, Cuba, US Talk Again On 'Doughnut Hole' In Gulf Waters
Friday, September 30, 2016 Officials from Mexico, the United States and Cuba met on Thursday for a second round of talks on the limits of the Western Polygon, an oil-rich area in the waters of the Gulf of Mexico, two people close to the discussion said.
Petrobangla Invites EOIs for 3 Offshore Exploration Blocks in Bay of Bengal
Friday, September 30, 2016 Petrobangla invites foreign companies to submit expressions of interest (EOI) for oil and gas exploration in three offshore blocks in the Bay of Bengal.
Mozambique Minister's Sacking Will Not Affect Gas Project Decision
Friday, September 30, 2016 The sacking of Mozambique's energy minister will not affect Italian oil firm Eni's final investment decision on an offshore gas project there.
Gulf Keystone Creditors Win Control as Court Approves Debt Deal
Thursday, September 29, 2016 Gulf Keystone Petroleum Ltd. bondholders won control of the oil producer after a London judge approved a debt-restructuring agreement.
Chesapeake Receives DoJ Subpoena on Accounting for Asset Purchase
Thursday, September 29, 2016 Chesapeake Energy Corp said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties.
Trudeau Sets November Deadline for Enbridge Pipeline Decision
Thursday, September 29, 2016 Canadian Prime Minister Justin Trudeau's government has given itself a two-month window to decide on Enbridge Inc.'s Northern Gateway oil pipeline after declining to appeal a legal ruling that revoked its construction permits.
Council Officials Recommend Approval for IGas Fracking Application
Thursday, September 29, 2016 Officials at Nottinghamshire County Council have recommended the approval of IGas' onshore drilling application in the North of England.
NOPSEMA Seeks More Details on BP's Great Australian Bight Environment Plan
Thursday, September 29, 2016 The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) seeks more information on BP's Great Australian Bight environmental plan.
Canada Says LNG Ruling Has No Bearing on Kinder Pipeline Decision
Wednesday, September 28, 2016 Canada's approval of a natural gas plant is not a sign it will automatically let Kinder Morgan Inc expand a crude pipeline, a top official says, amid what sources say is uncertainty inside the government over the project.
Brazil Oil Investment Share Could Nearly Double With Right Policies
Wednesday, September 28, 2016 Brazil could double its share of world oil and gas exploration and development investment in the next few years if it makes the right policy decisions.
Oil Ministry: Islamic State Loses Control of Last Oil Wells in Iraq
Wednesday, September 28, 2016 Islamic State militants no longer control any oil wells in Iraq after being ousted by government forces last week from an area near Kirkuk, the oil ministry says.
Mexico's Pemex To Reduce Stake In First Deepwater Venture
Wednesday, September 28, 2016 Mexican state oil firm Pemex will cut its stake to 40 percent from 45 percent in the first planned joint venture with private companies to develop reserves in the Gulf of Mexico's deep waters, the national oil regulator says.
RPSEA Plan Seeks to Address Oil, Gas Technical Challenges
Wednesday, September 28, 2016 RPSEA unveils its strategic plan for addressing the oil and gas industry’s major technological challenges in 2016 and beyond.
Russia's Sakhalin Oil Output To Rise By 8% In 2016
Wednesday, September 28, 2016 Sakhalin is expected to increase oil production by 8% in 2016 from a year ago, a regional official said, which would add to the global glut the industry currently faces.
BLOG: Clinton, Trump Offer Little Insight into Energy Policies
Tuesday, September 27, 2016 During the first US presidential debate of 2016, neither former Secretary of State Hillary Clinton nor businessman Donald Trump had much to say about oil and gas industry.
Britain's First US Shale Gas Delivery Arrives In Scotland
Tuesday, September 27, 2016 Ineos ships in Britain's first shale gas from the United States, sparking debate on the country's manufacturing future and Scotland's opposition to shale gas fracking.
UKCS In Urgent Need of Fresh Investment
Tuesday, September 27, 2016 The UK Continental Shelf is in urgent need of fresh investment to boost exploration and drive activity, says Deirdre Michie, Oil & Gas UK's chief executive.
Hague Court To Arbitrate In East Timor-Australia Maritime Border Dispute
Monday, September 26, 2016 The Permanent Court of Arbitration in the Hague will oversee a compulsory arbitration between East Timor and Australia on their maritime boundary.
UK Shale Gas: UKOOG Responds to Labour's Fracking Ban Pledge
Monday, September 26, 2016 UKOOG says that a "one size fits all" approach to energy policy in the UK would have a detrimental effect on the economy as the Labour Party pledges to ban fracking.
Oil Industry Welcomes Indonesia's Tax Reform, But Says It's Not Enough
Friday, September 23, 2016 Indonesia's removal of taxes on oil and gas explorers is a good first step, but more is needed to lure investment from companies that have cut budgets and laid off staff after a precipitous plunge in prices, industry analysts say.
Nigeria Lawmakers To Investigate $17B Oil Theft Claim
Friday, September 23, 2016 Lawmakers in Nigeria's lower house of parliament are to investigate whether $17 billion of petroleum and fuel exports were stolen by companies and government agencies.
Russian Finmin: No Revolutionary Changes To Oil, Gas Tax Regime
Friday, September 23, 2016 Russian Finance Minister Anton Siluanov says any changes in the oil and gas tax regime would not be "revolutionary" but energy taxes were to increase.
Indonesia Ends Oil Exploration Taxes In Bid To Revive Investment
Thursday, September 22, 2016 Indonesia will eliminate taxes on oil and gas exploration this week in an effort to bolster investment in the country's flagging oil and gas sector.
Gabon Oil Workers To Stay Home Until Final Election Result
Thursday, September 22, 2016 Gabon oil workers will stay at home from Thursday over concerns about potential violence when a court delivers a final verdict on the central African country's disputed election result.
Russia Says 'In Theory' It Can Cut Oil Output By 5%
Thursday, September 22, 2016 Russia can "in theory" reduce its oil output by 5%, Russian Deputy Energy Minister Kirill Molodtsov said on Thursday.
Sampang JV Approves Project to Extend Field Life by 2 Years to 2020
Thursday, September 22, 2016 Sampang Joint Venture approves the Sampang Sustainability Project (SSP) located offshore East Java, Indonesia, with the field life to be extended by at least 2 years to 2020.
Equatorial Guinea Calls on Asia Firms to Participate in EG Ronda 2016
Wednesday, September 21, 2016 Equatorial Guinea's Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima calls on Asia Pacific companies to participate in the country's latest oil and gas licensing round (EG Ronda 2016) at an industry event in Singapore.
Government To Fund 40% Cost Of East India Gas Pipeline Project
Wednesday, September 21, 2016 The Indian government will partly fund a pipeline project linking 5 eastern states, the first such move by the country as it aims to gradually move to a gas-based economy.
Still Significant Interest in Mature Area Exploration Within NCS
Wednesday, September 21, 2016 There is still significant interest in exploring mature areas within the Norwegian Continental Shelf, says the Norwegian Petroleum Directorate.
UK Subsea Companies Head to Mexico on Showcase Mission
Wednesday, September 21, 2016 UK subsea companies will be heading to Mexico City, from September 26-29, on a showcase trade mission to increase business and trade opportunities in Latin America's most promising energy hubs.
New Zealand Opens Consultation for Block Offer 2017
Tuesday, September 20, 2016 New Zealand opens consultation for the country's Block Offer 2017, covering 7 onshore and offshore block areas.
Norwegian Production Decreasing
Tuesday, September 20, 2016 Norwegian production is decreasing according to preliminary production figures from the Norwegian Petroleum Directorate.
Lundin Granted Drilling Permit Offshore Norway
Tuesday, September 20, 2016 The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7219/12-1, offshore Norway.
OGA Releases Technology Strategy In Bid to Maximize UKCS Economic Recovery
Tuesday, September 20, 2016 The OGA releases its Technology Strategy Tuesday in a bid to maximize economic recovery from the UK Continental Shelf.
Jupiter Energy Receives Approval to Extend Block 31 Exploration License
Monday, September 19, 2016 Jupiter Energy Limited receives approval from the Kazakhstan Ministry of Energy to extend its exploration license in the country's Block 31 to 29 December 2019.
Funding Nigerian Oil Cash Calls From Debt Key For Economy
Friday, September 16, 2016 Nigeria must get out of paying so-called cash calls to joint ventures with oil and gas companies to stand a chance of pulling its ailing economy out of recession, says its Finance Minister.
Oil, Gas Industry Calls for Delay in Introduction of Apprenticeship Levy
Thursday, September 15, 2016 A delegation of oil and gas industry bodies has called for the introduction of a training tax to be postponed across the UK.
Kazakhstan Drafts Economic Outlook Based On $35 Brent
Thursday, September 15, 2016 Kazakhstan's economy ministry has based its medium-term economic outlook on a Brent crude price of $35 per barrel.
UK, Argentina Governments to Remove Restrictive Oil, Gas Industry Measures
Thursday, September 15, 2016 The British Government and the Government of Argentina have agreed to work towards removing restrictive measures around the South Atlantic and Falkland Islands oil and gas industries.
HELP to Boost Indian Exploration, Production Sector
Wednesday, September 14, 2016 Investments and technology are likely to rank high as the Indian Government introduces the country's new Hydrocarbon Exploration and Licensing Production (HELP) policy.
India, Russia Explore Building of 'Energy Bridge' for Russian Gas Supply
Wednesday, September 14, 2016 India and Russia launch a working group to explore the potential of building pipelines to transport Russian gas supply to the South Asian country.
Xinhua: China Charges Former Senior PetroChina, FAW Officials With Graft
Wednesday, September 14, 2016 Chinese prosecutors have indicted Xu Jianyi, the former chairman of state-owned FAW Group Corp, on corruption charges, the official Xinhua news agency says.
Kazakhstan Says Awaiting Answers From Oil Firms In Karachaganak Dispute
Wednesday, September 14, 2016 Kazakhstan's government and energy companies developing the Karachaganak gas condensate field are still in talks about the Central Asian nation's financial claim against the consortium.
Directive Seeks to Coordinate Response to Oil, Gas Cyberattacks
Tuesday, September 13, 2016 A new presidential directive aims to establish guidelines for a significant cyberattack against US companies, including oil and gas.
Brazil Launches Massive Privatization Plan To Rescue Economy
Tuesday, September 13, 2016 Brazil's new government launches a sweeping plan to auction off licenses in an attempt to boost investment and pull the economy out of the deepest recession in eight decades.
Pakistan to Offer 32 Blocks for Oil, Gas Exploration Soon
Tuesday, September 13, 2016 Pakistan's Ministry of Petroleum and Natural Resources plans to offer 32 blocks for oil and gas exploration soon.
Gulf Keystone Petroleum Pays Kurdistan Government $112.5M in 2015
Monday, September 12, 2016 Gulf Keystone Petroleum Ltd made payments worth $112.5 million to the Ministry of Natural Resources of the Kurdistan Regional Government in the year ended December 31, 2015.
French Port Workers To Join Strike Against Labour Reform
Monday, September 12, 2016 French CGT trade union port workers will join a nationwide strike against French labour reforms on Sept. 15 in a move that could disrupt oil shipment at French ports.
Mexico 2017 Budget Cuts To Squeeze Pemex, Primary Surplus Eyed
Friday, September 09, 2016 Mexico's government set out plans for a bigger-than-anticipated cut in public spending in 2017, with struggling state oil company Pemex earmarked for a $5.36 billion reduction in funding.
Senex Welcomes South Australian Govt's $18.4M Pledge to Develop Gas Supply
Friday, September 09, 2016 Senex Energy welcomes the South Australian Government's commitment to provide $18.4 million to the industry to extract and supply more gas to the market.
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