Archive: Natural Gas Exploration and Production
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YPF to explore Bolivian blocks
Argentine state-controlled company YPF will sign a deal this week with Bolivian counterpart YPFB to explore three exploration blocks in Bolivia.
Indonesia puts 21 blocks up for bidding
Indonesia has offered 21 on- and offshore blocks for bidding, including two unconventional oil and gas areas, in an attempt to boost exploration and production in the country, the Ministry of Energy and Mineral Resources has announced.
Wintime to start exploring Guizhou shale gas block in June
Chinese coking coal miner Wintime Energy will start surveys of the Fenggang 2 shale gas block in Guizhou province in June and complete them within three years, company representative Li Jun told Interfax last week.
Legislation set to approve fracking for ‘86%’ of Germany
A deal to push legislation governing Germany’s shale gas sector through the Cabinet Office in Berlin has been reached between the ruling CDU and FDP parties, a Bundestag source told Interfax on Friday.
Delek reports ’significant signs’ of gas at Israel’s Karish prospect
Delek Energy has reported “significant signs” of gas at the Alon C/366 licence, offshore Israel.
Exxon, KRG yet to confirm Turkish exploration deals
ExxonMobil will not confirm if it has reached a deal with state-owned Turkish Petroleum Corp. to jointly explore for oil and gas in six blocks in Iraqi Kurdistan.
China strives to streamline CBM framework
Michael Jones, business development director with London-listed CBM developer Fortune Oil, speaks to Interfax about Chinese CBM and the status of Fortune’s merger with gas distributor China Gas Holdings.
WSC representative of the US gas production trend
Marketed gas production in the United States declined by 1.3% in the first two months of 2013 on an annual basis, according to the latest data from the Energy Information Administration.
Chevron-YPF saga rumbles on
An influential Chevron executive inspected fields in Argentina this week and was impressed, says YPF, which claims a deal is still on course. However, there’s still no word from Chevron.
Romanian shale gas policy U-turn
The Romanian government has allowed Chevron to start unconventional gas exploratory work at two coastal sites, in a move that completes an about-turn in national policy over the past 12 months.
Total, BG win prime Brazilian acreage
European giants Total and BG Group scooped the lucrative deepwater concessions in Brazil’s 11th bid round, while independent companies won much of the gas-rich onshore acreage.
Paradigm shift in global energy order underway
The surge in North American hydrocarbon production and the region’s dwindling need for energy imports has laid the groundwork for US engagement in Asia Pacific.
Lake Tanganyika block offered in bid round after Total talks fail
The North Lake Tanganyika block in Tanzania is set to be offered in the country’s upcoming fourth licensing round, even though Total was on the verge of being awarded the licence earlier this year.
Ireland enters ‘important period’ in oil and gas exploration
Ireland may be on track for a mini oil and gas boom after two companies with a healthy track record in frontier exploration farmed into the highly prospective Porcupine Basin.
Duo announce Polish shale gas exit
A duo of North America-based energy companies announced this week they would be selling their shale gas exploration licences and assets in Poland, with one attributing the move to unsuccessful upstream work which failed to confirm commercial levels of hydrocarbons.