Results50 articles shown
Technics Applies to Singapore High Court for Judicial Management Order
Wednesday, June 01, 2016 Technics Oil & Gas applies to the Singapore High Court for an order to be placed under judicial management.
Genel Receives KRI Payment
Tuesday, May 31, 2016 Genel Energy plc reveals that the Taq Taq field partners have received a payment of $11.45 million from the Kurdistan Regional Government for oil sales during April 2016.
Sasol Says Mozambique Gas Project Unaffected By Debt Crisis
Tuesday, May 31, 2016 Mozambique's debt crisis and lower oil prices will not affect Sasol's $1.4 billion gas project.
ICSID Orders Petrobangla to Pay Niko $35M It Owed for Gas Deliveries
Tuesday, May 31, 2016 Niko Resources says the International Centre for Settlement for Investment Dispute (ICSID) has ordered Petrobangla to pay $35.3 million in amount owed to its indirect subsidiary for gas deliveries.
How SEMS II Has Changed US Offshore Oil, Gas Operations
Tuesday, May 31, 2016 SEMS II has transformed how the offshore oil and gas industry works, including how hazards are identified and addressed.
Indonesia Offers 15 Oil and Gas Blocks in First Tender for 2016
Monday, May 30, 2016 Indonesia offers 15 oil and gas blocks, including 1 unconventional block, for bidding in the first tender for 2016.
Thailand To Auction Petroleum Concessions Held By Chevron, PTTEP
Monday, May 30, 2016 Thailand's military government plans to put petroleum concessions held by Chevron and PTT Exploration and Production up for auction, energy minister Anantaporn Kanjanarat says.
Indonesia Awards North Kalimantan's Offshore East Ambalat PSC to Pertamina
Friday, May 27, 2016 Indonesia awards the production sharing contract for North Kalimantan's offshore East Ambalat block that was relinquished earlier by Chevron to state-owned PT Pertamina.
WA Court Orders OBL to Resign as EP487 Operator in Canning Basin
Friday, May 27, 2016 The Supreme Court of Western Australia (WA) orders Oil Basins to resign immediately as operator of permit EP487 (Derby Block) in WA's Canning Basin and designates Rey Lennard Shelf as the new operator.
Trump Heads to Shale Country to Make Energy Policy Pitch
Thursday, May 26, 2016 Donald Trump is poised to give his first substantive energy policy speech in North Dakota, a state eager to hear how he can help the industry recover from the worst downturn in a generation.
India Launches Auction for 67 Small Oil, Gas Fields Under a New Bid Scheme
Thursday, May 26, 2016 India launches a new bid round to invite investors to participate in the exploration and production at 67 small oil and gas fields in the country.
Trump Says Would Approve Keystone XL Pipeline If Elected
Thursday, May 26, 2016 Republican presidential contender Donald Trump said on Thursday that he would approve TransCanada's Keystone XL pipeline proposal if elected.
Russia's Gazprom Sees Record 2016 Gas Exports to Europe
Thursday, May 26, 2016 Russia's Gazprom plans to export a record 165 billion cubic meters of gas to Europe this year, the company's deputy chief executive Alexander Medvedev says.
Experts on Lifting of the Crude Export Ban: We're All Winners
Thursday, May 26, 2016 Senior level executives in oil and gas believe lifting the crude export ban brings efficiency and stability to the industry.
Exxon Says Crude Output At Indonesia's Cepu Block Could Reach 200,000 Bpd
Wednesday, May 25, 2016 Crude oil output from Exxon Mobil's Cepu block in Indonesia could reach 200,000 barrels per day (bpd), up from 185,000 bpd at present, if the government approves an increase, a company spokesman says.
Blackstone Gives Pricey Canadian Energy and Property Thumbs Down
Wednesday, May 25, 2016 Canada's energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the US and elsewhere, according to the president of Blackstone Group, the world's largest alternative-asset manager.
Oil Investor Zukerman Dodged $45M in Taxes, US Says
Wednesday, May 25, 2016 Morris Zukerman spent 16 years at Morgan Stanley, overseeing its energy and merchant banking practices, before starting his own investment firm in the late 1980s. Along the way, he evaded more than $45 million in taxes, the US now alleges.
Primeline to Commence Arbitration Against CNOOC Over China's Offshore Block
Wednesday, May 25, 2016 Primeline Energy to commence arbitration proceedings against joint venture partner CNOOC under the provisions of the petroleum contract for Block 25/34 in East China Sea.
Sembcorp Marine Dismisses EIG's Allegations on Sete Brasil Investment
Wednesday, May 25, 2016 Sembcorp Marine dismisses allegations by EIG Management Co. that the latter was misled by the firm and its unit Jurong Shipyard to invest in Sete Brasil.
Tanzania Plans To Invest $1.9B In Year In Energy Projects By 2025
Wednesday, May 25, 2016 Tanzania plans to invest $1.9 billion each year by 2025 in energy projects in a bid to end power shortages and boost industrial growth in East Africa's second-biggest economy.
Oil's Recovery Under Threat as Tankers Run in Circles Off China
Tuesday, May 24, 2016
Oklahoma Regulators Raise Concerns on Quake Insurance Rate Hikes
Tuesday, May 24, 2016 Oklahoma regulators grappling with a massive increase in small earthquakes linked to growing oil and gas production say they are concerned with spiking rates for earthquake insurance coverage and diminishing competition.
PNG Watchdog: Oil Search, InterOil Should Seek Approvals For Merger
Tuesday, May 24, 2016 Papua New Guinea may challenge the $2.2 billion merger between Oil Search and InterOil if they fail to comply with anti-competition procedures, the country's corporate watchdog says.
UKOOG Supports Yorkshire Council's Fracking Approval
Tuesday, May 24, 2016 UKOOG welcomes North Yorkshire County Council's decision to approve the hydraulic fracture of Third Energy's Kirby Misperton well.
Brazil Minister Faces Uphill Fight to Fix Battered Energy Sector
Monday, May 23, 2016 Interim President Michel Temer has given one of the biggest jobs of his administration to the youngest and least known of his cabinet members: Mines and Energy Minister Fernando Coelho Filho, 32.
UK Local Government Approves Third Energy Shale Gas Fracking Permit
Monday, May 23, 2016 Officials in northern England approved a shale gas fracking application from Third Energy on Monday in a shift indicating growing support for shale gas that Britain's government hopes can counter the decline in North Sea output.
Israel's Government Approves Leviathan Natural Gas Deal
Sunday, May 22, 2016 Israel approves a deal it hopes will fast-track development of the huge Leviathan offshore natural gas field and end years of regulatory uncertainty.
Lawyers: Alberta Court Ruling May Trigger Rise in Orphaned Wells
Friday, May 20, 2016 Lawyers in Canada's energy capital Calgary warned that a judge's decision to grant lenders priority over environmental clean-up costs in oil and gas bankruptcies could lead to a surge in orphaned wells in Alberta.
Norwegian Production Rises
Friday, May 20, 2016 Norway's production levels are increasing, according to preliminary production figures from the Norwegian Petroleum Directorate.
Rosneftegaz Might Pay Interim Dividend If Rosneft Stake Privatized
Friday, May 20, 2016 Rosneftegaz, which owns 69.5% of Russia's biggest oil producer Rosneft, might pay interim dividends should Rosneft be privatized.
APPEA Says Urgency Needed to Address Decline in Queensland's Exploration
Thursday, May 19, 2016 The Australian Petroleum Production and Exploration Association says there is an urgent need to address the severe decline in exploration activity in Queensland, Australia.
Incoming UN Climate Chief Seeks Swift Action: At Odds With Trump
Thursday, May 19, 2016 The United Nations's incoming climate chief said on Thursday she will push for rapid action under a UN accord to slow global warming and expressed hopes that US GOP presidential candidate Donald Trump will drop calls for a renegotiation if elected.
Brazil Regulator Renews Two Petrobras Offshore Leases For 27 years
Wednesday, May 18, 2016 Brazilian petroleum regulator ANP says it extended state-run oil company Petrobras' concessions to explore and produce oil from the Marlim and Voador offshore fields for 27 years, to 2052.
Texas Energy Regulator Faces Questions on Oil-linked Quakes
Wednesday, May 18, 2016 An oil and gas regulator in the top US energy-producing state of Texas cast doubt on research linking growing seismic activity to petroleum production, following the release of a study arguing most of the state's earthquakes are manmade.
Europe Needs Independent Carbon Market regulator - Total's CEO
Wednesday, May 18, 2016 Europe needs an independent carbon market regulator with clear objectives rather than the current mix of state administrators and the European Commission that has complicated the market, Total CEO says.
Israel, Egypt Said Nearing Compromise on Natural Gas Dispute
Wednesday, May 18, 2016 Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal.
Travelers: Motor Vehicle Accidents Major Cause of Oil, Gas Worker Injuries
Wednesday, May 18, 2016 Material handling, slips, trips and falls, and motor vehicle accidents (MVAs) were the most frequent causes of accidents in the oil and gas industry, according to a recent study by insurance company Travelers.
Australian LNG Exports Face Restrictions In Labor Party Plan
Wednesday, May 18, 2016 New liquefied natural gas projects in Australia, which is forecast to become the world's largest exporter of the fuel, may need to set aside supplies for domestic use under a policy proposed by the opposition Labor Party.
Norway Awards 10 New Licences To 13 Firms In Oil Licensing Round
Wednesday, May 18, 2016 Norway awards 10 new licenses to 13 companies in its 23rd oil licensing round for new exploration areas.
Russia's Novatek, Thai PTT Sign Memorandum on Upstream, LNG
Wednesday, May 18, 2016 Russia's gas producer Novatek and Thailand's largest energy company PTT sign a memorandum of understanding that foresees joint exploration and development of hydrocarbons and supplies of liquefied natural gas.
NPD Grants Tullow, Total Drilling Permits Offshore Norway
Wednesday, May 18, 2016 The Norwegian Petroleum Directorate grants Tullow Oil Norge AS and Total E&P Norge AS drilling permits for 2 separate wells offshore Norway.
CGG Qualifies as Mexican Reserves Auditor
Tuesday, May 17, 2016 CGGVeritas Services de Mexico S.A becomes one of only "a small number of companies" to be registered by Mexico's NHC as an independent third party qualified to audit and certify Mexico's reserves.
As Oil Boom Goes Bust, Oklahoma Protects Drillers and Squeezes Schools
Tuesday, May 17, 2016 After intense lobbying, Oklahoma's oilmen scored a victory two years ago. State lawmakers voted to keep in place some of lowest taxes on oil and gas production in the United States - a break worth $470 million in fiscal year 2015 alone.
Libyan Factions Agree In Principle On Unified Oil Structure
Tuesday, May 17, 2016 Rival factions agree in principle to have one oil organization for strife-torn Libya, says the foreign minister in the new U.N.-backed, national unity government.
Russia's Putin Order Opens Way For Entire State Stake Sale In Bashneft
Tuesday, May 17, 2016 Russian President Vladimir Putin excludes mid-sized oil producer Bashneft from the list of strategically important companies, opening the way for the entire state's stake sale.
Study: Bakken Leaking Less Methane Than Originally Thought
Tuesday, May 17, 2016 The Bakken shale play is leaking less methane than originally thought, according to a recent study.
NOPSEMA Asks BP for New Environmental Plan for Great Australian Bight
Tuesday, May 17, 2016 The National Offshore Petroleum Safety and Environment Management Authority asks BP to modify and resubmit their environmental plan for drilling in the Great Australian Bight off South Australia.
Bankruptcy Judge Rules E&Ps Can Get Out Of Midstream Contracts
Monday, May 16, 2016 Final ruling by New York bankruptcy judge in the Sabine Oil & Gas case could dramatically shift the balance of power in favor of distressed E&Ps renegotiating gas gathering and treatment contracts with midstream companies.
Sources: Saudi Aramco Awards Hasbah Gas Expansion Contract
Monday, May 16, 2016 State oil giant Saudi Aramco awards a $1 billion-plus contract to India's Larsen & Toubro and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources said.
EIA: US Shale Output to Dip for Eighth Consecutive Month
Monday, May 16, 2016 US shale oil output is expected to fall in June for the eighth consecutive month, according to a US government forecast on Monday, as the squeeze from a two-year rout in crude prices worsens.
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|Brent Crude Oil :||$49.69/BBL||0.75%|
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