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Minister: Indonesia Expects Total to Make Decision on Mahakam within Days
Friday, July 03, 2015 Total will decide over the next few days how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block, according to the country's energy minister.
BP Reaches $18.7 Billion Settlement Over Deadly 2010 Spill
Thursday, July 02, 2015 BP will pay a record $18.7 billion in penalties to the US government and 5 states along the Gulf of Mexico related to the 2010 oil spill.
Tough Contract Rescission Clauses Could Blunt Mexican Oil Opening
Thursday, July 02, 2015 Mexico's historic oil opening later this month could be undermined by company fears the government will have too much discretionary power to repeal contracts over industrial accidents and other failings.
Russian Daily Oil Production Stays at Post-Soviet High in June
Thursday, July 02, 2015 Russian oil output remains at a post-Soviet high of 10.7 million barrels per day for the fourth month in a row.
Norway Decides on Johan Sverdrup Ownership Interests
Thursday, July 02, 2015 The Norwegian government decides on how the Johan Sverdrup field will be split among its five owners.
USGS Study Highlights Water Usage in Hydraulic Fracturing
Thursday, July 02, 2015 USGS releases first nationwide map of water usage for hydraulic fracturing.
Algeria's 1Q Oil, Gas Output Down 6%, Investment Up
Wednesday, July 01, 2015 Algeria's oil and gas output fell by six percent during the first quarter of 2015 in spite of an increase in investment.
Shell Goes Ahead with Giant Gulf of Mexico Field After Cost Cuts
Wednesday, July 01, 2015 Shell gives the green light for the development of the Appomattox deepwater oil and gas field in the Gulf of Mexico, set to be the energy giant's largest floating platform in the region.
Uganda Shortlists 17 Firms For Bidding On Exploration Blocks
Wednesday, July 01, 2015 The Ugandan government has shortlisted 17 oil companies to bid for six exploration blocks in the east African nation, which has found commercial quantities of oil and aims to pump crude in 2018.
US Appeals Court: Ex-BP Engineer Deserves New Gulf Spill Trial
Tuesday, June 30, 2015 A former BP engineer deserves a new trial on an obstruction of justice charge related to the 2010 Gulf of Mexico oil spill, a federal appeals court ruled.
Germany Postpones Vote on Fracking Law amid Coalition Row over Details
Tuesday, June 30, 2015 Germany delays a parliamentary vote on new rules for the disputed technique of fracking for shale gas after coalition parties fail to agree on final details.
Israel Plans to Let Noble, Delek Keep Control of Leviathan Gas Field
Tuesday, June 30, 2015 Israel's Energy Ministry unveils a plan for the country's natural gas sector that would leave the largest offshore project, Leviathan, in the control of the Noble/Delek consortium.
Statoil Submits Amended Development Plan for Gullfaks Area
Tuesday, June 30, 2015 Statoil submits an amendment to its plan to develop Phase One of the Shetland/Lista development in the Gullfaks license area to the Norwegian government.
US Issues Potential Setback To Shell's Arctic Drilling Plan
Tuesday, June 30, 2015 The Obama administration issues a potential setback to Shell's Arctic oil exploration plan.
Cuadrilla Suffers Further Setback as Fracking Application Rejected
Monday, June 29, 2015 Cuadrilla Resources suffers another setback to its plans to frack for shale gas in northwest England after local authority rejects another application to drill in Lancashire.
New York Formalizes Ban On Fracking, Ending 7-Year Review
Monday, June 29, 2015 New York formalizes its ban on high-volume hydraulic fracturing for natural gas after a 7-year environmental and health review.
UK Says Argentine Plan to Seize Falklands Oil Driller Assets 'Unlawful'
Monday, June 29, 2015 The UK government says any attempt by Argentina to seize assets of oil drillers operating in the Falkland Islands would be unlawful after an Argentine judge's order is made against six firms.
BP, Anadarko Rejected by Top US Court on Gulf Spill Fines
Monday, June 29, 2015 The US Supreme Court rejected appeals from BP and Anadarko and left intact a ruling that opens the companies to potentially billions of dollars in fines for the 2010 Gulf of Mexico oil spill.
Wintershall Calls for Better German Oil, Gas Regulation
Monday, June 29, 2015 Wintershall warns of job losses in Germany's oil and gas industry as it calls for a proportionate regulatory framework for the sector in the country.
Minister: Argentina Will Pursue Judge Order on Falklands Drillers
Sunday, June 28, 2015 Argentina will pursue in Britain and the US a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the foreign minister says in an interview with local media.
Cuadrilla Defends Fracking Plans Following Application Rejection
Friday, June 26, 2015 Cuadrilla defends its proposed plans for shale gas fracking in northwest England, following Lancashire County Council's decision to reject the company's application due to traffic related issues.
Alberta Says Oil, Gas Royalty Review To Be Completed By Year-End
Friday, June 26, 2015 A review of royalties paid by Alberta's oil and gas industry will be finished by year-end, the government of Canada's largest oil-producing province says.
Russia's Gazprom Does Not Rule out Participation in Iran LNG Projects
Friday, June 26, 2015 Gazprom may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, according to Gazprom's deputy Chief Executive Officer Alexander Medvedev.
Nigeria's President Dissolves State Oil Company Board
Friday, June 26, 2015 Nigeria's new President Muhammadu Buhari dissolved the board of state-owned NNPC as a first step to cleaning up the oil industry in Africa's biggest economy.
CEA: Action Needed Now on Atlantic Seismic Surveys
Friday, June 26, 2015 The federal government is currently in the midst of a highly-impactful process to determine which areas it will make available for offshore oil and gas leasing between 2017 and 2022.
Congress May Expand MLPs to Include Alternative Fuels
Thursday, June 25, 2015 Bipartisan group of lawmakers making another push to open tax-advantaged master limited partnerships to alternative and renewable fuels.
British Officials Reject Key Shale Gas Fracking Application
Thursday, June 25, 2015 British officials reject a Cuadrilla Resources application for shale gas fracking in northwest England, a landmark decision that is likely to deter potential investors in Britain's nascent shale gas industry.
Israel's Security Cabinet Approves Gas Deal with Noble, Delek
Thursday, June 25, 2015 Israel's security cabinet has voted in favor of a plan to let Noble and Delek keep control of most of the country's natural gas deposits.
Petrobras Urges Dismissal Of US Lawsuit Over Corruption Probe
Thursday, June 25, 2015 Petrobras urges a US judge to throw out an investors' class action lawsuit claiming a multibillion-dollar bribery scandal overvalued it for years.
Roxi Secures License Extension for Kazakhstan's BNG Contract Area
Thursday, June 25, 2015 Roxi Petroleum announces that its license for the BNG Contract Area, located in the west of Kazakhstan, has been renewed for 3 years, ending on June 7, 2018.
Shell Executives Visit Tehran for Projects If Sanctions End
Thursday, June 25, 2015 Shell executives have visited Tehran to discuss possible partnerships, the latest sign that the largest oil companies are serious about returning to Iran once a deal on the country’s nuclear program is done.
Ex-CNOOC Executive Under Investigation in China for Graft
Thursday, June 25, 2015 The former deputy general manager of CNOOC is under criminal investigation for "accepting bribes", according to judicial authorities in China.
UK Officials Delay Decision On Key Shale Gas Permit Again
Wednesday, June 24, 2015 British officials have adjourned until Monday the process for deciding whether to grant shale gas firm Cuadrilla Resources a project planning permit in northwest England.
Indonesia Sets Oil, Gas Production Targets for 2016
Wednesday, June 24, 2015 Indonesia sets 2016 gas production target of 1.1 million to 1.3 million barrels of oil equivalent and plans to produce 800,000 to 830,000 barrels of oil per day.
IPB Gets Approval to Extend and Vary WA-485-P Work Program in Browse Basin
Wednesday, June 24, 2015 IPB Petroleum receives official approval for a 12 month suspension, extension and variation to the WA-485-P exploration work program off Western Australia.
Syrian Army Secures Oil Field Perimeter, Kills Militants
Wednesday, June 24, 2015 Syrian state television states that the army and allied militia have secured the perimeter of the Jazal oil field near Palmyra, which had been the focus of recent heavy fighting with Islamic State militants.
Peru Agrees to Study Pacific Outlet for Bolivian Natgas Exports
Wednesday, June 24, 2015 The presidents of Peru and Bolivia agree to study a project that would allow landlocked Bolivia to ship its natural gas, a key export, to Asia from Peru's Pacific coast.
Woodside Receives Offers to Renew 7 Retention Leases Offshore WA
Wednesday, June 24, 2015 Woodside receives offers from the authorities to renew seven retention leases offshore Western Australia.
Center for Offshore Safety Recognized for SEMS Audits
Tuesday, June 23, 2015 BSEE recognizes the Houston-based Center for Offshore Safety as the first and currently only official accreditation body for audit service providers.
UK Officials Delay Shale Permit Decision To Wednesday
Tuesday, June 23, 2015 British officials have adjourned until Wednesday the process for deciding on whether to grant shale gas firm Cuadrilla a project planning permit in northwest England.
Frontier Fracking Showdown Pits Feds Against Western Boom States
Tuesday, June 23, 2015 Four western states are headed for a courtroom showdown over who should have the last word on rules for extracting oil and natural gas from federal property within their borders.
New Federal Fracking Rules Delayed by US Judge in Wyoming
Tuesday, June 23, 2015 New US fracking safety rules set to take effect were put on hold by a Wyoming federal judge who said he needed more evidence to decide.
Singapore Shipbuilders Alleged to Be Part of Brazil Bribe Scheme
Tuesday, June 23, 2015 Singaporean shipbuilders Keppel Fels and Jurong Shipyard are sinking deeper into a graft scandal that has transfixed Brazil and buffeted local oil industry suppliers.
Dutch Government Cuts Groningen Gas Field Production
Tuesday, June 23, 2015 The Dutch government has ordered a further tightening of gas production at Groningen, Europe's largest gas field.
Wintershall Norge Secures Drilling Permit for Well 10/4-1 Offshore Norway
Tuesday, June 23, 2015 The Norwegian Petroleum Directorate has awarded Wintershall Norge AS a drilling permit for well 10/4-1, located in production license 734 offshore Norway.
Energy XXI Reaches Agreement with BOEM on Supplemental Bonding
Monday, June 22, 2015 Energy XXI has reached an agreement with BOEM regarding supplemental bonding requirements for Energy XXI and its subsidiaries.
Output At Groningen Gas Field To Be Capped At 30 Bcm In 2015
Monday, June 22, 2015 Dutch Economy Minister Henk Kamp will propose a further tightening of production at Groningen, according to Dutch news agency ANP.
Tullow Pays $250 Million to Settle Uganda Tax Dispute Out of Court
Monday, June 22, 2015 Tullow Oil agrees to pay $250 million to settle a tax dispute with the Ugandan government out of court, almost half of the sum the east African country had originally demanded in tax relating to a sale of oil licences.
ADX Energy Gets 30-Month Extension on Romanian EX-10 Parta Permit
Friday, June 19, 2015 ADX Energy signs a 30 month extension agreement with Agentia Nationala Pentru Resurse Minerale (NAMR) for the exploration of the EX-10 Parta permit, onshore Romania.
Powerful Brazilian CEO Arrested In Petrobras Graft Probe
Friday, June 19, 2015 Brazilian police have arrested Marcelo Odebrecht, head of Odebrecht, and accused his family-run conglomerate of spearheading a $2.1 billion bribery scheme at Petrobras.
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