yuval Steinitz, israel's energy minister Exploration & Production

Israel mulls lack of offshore interest

Israel will consider how it can make its acreage more attractive after its first offshore licensing round drew only two bidders.

By Verity Ratcliffe 16 November 2017
Exploration & Production

Lundin Norway awarded drilling permit in the Barents Sea

Lundin Norway has been granted a drilling permit for wellbore 7219/12-2 A S in production licence 533 in the Barents Sea.

6 November 2017
Exploration & Production

Pemex hits oil in Veracruz, Mexico

Mexican state giant Pemex has made the country’s biggest onshore oil discovery in 15 years in the eastern state of Veracruz.

6 November 2017
Exploration & Production

Iran and Russia sign gas cooperation deals

Iran and Russia have signed agreements aimed at fostering cooperation between the gas sectors of the two countries.

6 November 2017
Exploration & Production

Emerson to collaborate with Statoil to improve reservoir software

Emerson has signed a collaboration agreement with Statoil for the development of reservoir characterisation and modelling software.

3 November 2017
Exploration & Production

Pennsylvanian gas production hits new high

Pennsylvania’s gas production increased in October to a new high of 425 MMcm/d– an 80% increase from January 2013.

3 November 2017
Exploration & Production

ONGC Videsh looks elsewhere as Iranian project is delayed

India’s ONGC Videsh has turned its attention to non-Iranian projects while it waits for a decision from Tehran on the Farzad B gas development.

3 November 2017
Exploration & Production

Iraqi government forces recapture Akkas gas field

Iraqi government forces captured the Akkas gas field from Islamic State on Thursday.

3 November 2017
Exploration & Production

Norwegian company studying Iranian section of Caspian Sea

Norway’s Offshore Resource Group has signed a memorandum of understanding with National Iranian Oil Co. to study Iran’s section of the Caspian Sea.

3 November 2017
Exploration & Production

Gazprom and IDRO studying gas project cooperation in Iran

Gazprom has signed an MOU with IDRO on the possibility of cooperating on LNG and gas processing projects in Iran.

3 November 2017
Exploration & Production

Exports start at Slovenia’s Petisovci gas field

UK independent Ascent Resources has started exporting gas from the Petisovci gas field in Slovenia to Croatia’s INA.

3 November 2017
Oman LNG plant with tanker Exploration & Production

Oman to increase LNG exports in 2018

Oman is hoping to carry on boosting its LNG output next year by making improvements at its plants and ramping up output at Khazzan.

3 November 2017
Exploration is expected in Lake Malawi. Exploration & Production

Malawi awaits new oil and gas policy

Exploration in Malawi has been stifled in recent years, but a new petroleum policy could be a first step in spurring upstream investment.

2 November 2017
A rig offshore Romania Exploration & Production

Romania softens tone on new royalties regime

Romania has proposed a softer regime on state royalties from oil and gas revenues than many in the industry had feared.

2 November 2017
Exploration & Production

Total-led consortium signs exploration deal for offshore Greece

A consortium of France’s Total, Italy’s Edison and Greece’s Hellenic Petroleum has received a concession to explore for oil and gas in the Ionian Sea.

2 November 2017
Exploration & Production

Rosneft and NIOC sign deal on $30 bln of oil, gas projects

Rosneft and National Iranian Oil Co. could implement joint oil and gas projects worth up to $30 billion that produce up to 55 mt of oil per year

2 November 2017
Exploration & Production

Gorgon drives Shell’s 10% rise in liquefaction volumes

Shell registered an almost 50% increase in earnings in Q3 2017, while LNG liquefaction volumes increased by 10%.

2 November 2017
Exploration & Production

Canadian drilling activity to rise 5% in 2018

Oil and gas drilling in Canada will increase by 5% in 2018, in line with a gradual rise in crude prices.

1 November 2017
Exploration & Production

Algeria’s Reggane field to start producing by end of year

The Reggane gas field in Algeria will start production by the end of this year.

1 November 2017
Exploration & Production

Italian court will rule on Eni and Shell case on 20 December

The Court of Milan in Italy is expected to decide whether to send Eni and Shell to trial over an alleged corruption and bribery case on 20 December.

1 November 2017
Exploration & Production

PetroChina piped supplies to Xinjiang hit 3.5 bcm

PetroChina has supplied 3.5 bcm of gas to southern Xinjiang since a pipeline linking five cities in the region to the Tarim oilfield went online four years ago.

31 October 2017

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