The three main areas being targeted for shale gas exploration in Saudi Arabia. Unconventional Gas

Saudi Aramco presses on with shale gas

Saudi Arabia is continuing to spend on its shale gas programme and is on track start production within the next year.

A gas metering station on the Ukraine-Russia border. Kiev wants to reduce its dependence on imports. (Gazprom) Discoveries & Reserves

Ukraine independents call for new tax regime

Ukraine will not be able to boost its gas output if the country does not drastically reform its hydrocarbon taxes, producers in the country say.

Gazprom cancels Arctic seismic survey tenders

Gazprom has cancelled tenders for offshore 3D seismic surveys at four blocks in the Arctic worth a total of RUB 10.6 billion.

30 September 2016

Gazprom to start up Yamalo-Nenets fields in 2021 – Cherepanov

Gazprom will start producing gas at a group of fields in the Yamalo-Nenets autonomous district in 2021.

30 September 2016

China plans for 30 bcm/y of shale gas production by 2020

China’s shale gas output is expected to reach 30 billion cubic metres per year by 2020 and rise to 80-100 bcm/y by 2030.

30 September 2016

OMV plans drilling expansion in Austria

OMV intends to boost its investment in upstream drilling in Austria by 40% next year.

30 September 2016

Close to 80% of Dutch gas reserves used – CBS

Dutch domestic gas production continues its drastic decline, which could leave the country running out of gas in 17 years, the country's statistical service says.

30 September 2016

Indian majors get green light to buy Russian oilfield stakes

India’s cabinet has granted approval to a consortium of Indian Oil Corp. Oil India and Bharat Petroleum to buy stakes in two Russian oilfields for a total of $3.14 billion.

29 September 2016

New Okhotsk field contains 40 bcm – Gazprom

Gazprom has estimated there are 40 billion cubic metres of gas reserves at its new offshore field in the Sea of Okhotsk.

29 September 2016

Anivskiye field master plan will arrive in March 2018

A master plan on the use of gas from Russia’s Anivskiye gas fields in southern Sakhalin will be finished by March 2018.

29 September 2016

Gazprom to press ahead at Yuzhno-Kirinskoye despite US sanctions

Gazprom plans to drill at the Yuzhno-Kirinskoye field in the Sea of Okhotsk despite it being on a United States sanctions list

29 September 2016

Rosneft announces reserves of 380 mtoe at Sakhalin

Rosneft has more than 380 mtoe of recoverable reserves at its Sakhalin acreage, Alexander Zharov, Rosneft’s head of offshore exploration, has said.

29 September 2016

ONGC board split on KG gas migration compensation claim

The board of India’s Oil and Natural Gas Corp. is split on whether to claim compensation for gas that has migrated from its KG Basin block into adjoining fields.

28 September 2016

Eni asks banks for billions for Mozambique gas project

Italian supermajor Eni has asked banks to lend it billions of dollars to finance its Coral gas field offshore Mozambique.

28 September 2016

Gazprom pushes back Kirinskoye targets to 2019

Gazprom plans to reach target production levels at its Kirinskoye field off the coast of Sakhalin Island in 2019, a year later than its previous projections.

28 September 2016

Pakistan Petroleum finds gas in Sindh province

Pakistan Petroleum Ltd. (PPL) has discovered gas in Sindh province in Pakistan.

27 September 2016

Ivory Coast boosts gas production

United Arab Emirates-based Rak Petroleum has increased its daily gas output in Ivory Coast by 17% since last year.

27 September 2016

EGPC awards exploration licences

Egyptian General Petroleum Corp. has awarded exploration contracts worth $595 million to a subsidiary of Eni and BP.

27 September 2016
Mohammed bin Khalifa bin Ahmed al-Khalifa, Bahrain’s energy minister and the chairman of NOGA. (NOGA)

Bahrain asks service firms to develop deep gas

Bahrain is looking to the likes of Schlumberger, Halliburton and Baker Hughes to develop its deep gas reserves as IOCs are reluctant to get involved.

27 September 2016

Montana may force frackers to disclose fluid recipes

Montana’s Oil and Conservation Board will consider a petition to force oil and gas companies operating in the state to disclose information about the chemicals used in fracking fluids.

26 September 2016

ONGC gets approval to buy Krishna Godavari stake

India’s Oil and Natural Gas Corp. has received approval to purchase a stake in a Krishna Godavari Basin gas block owned by Gujarat State Petroleum Corp.,

26 September 2016

Cairn India to drill 10 wells in Palar Block

Cairn India is anticipated to spend $150 million drilling 10 wells in the Palar Block in the Nellore district of Andhra Pradesh.

26 September 2016

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