Ireland’s Government has launched the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round and a new offshore oil and gas production taxation regime, including an increase in the top tax rate. The new round, which will close September 2015…
The US Department of Energy (DOE) has granted ConocoPhillips Alaska Natural Gas Corp. (CPANGC) blanket authorization to export liquefied natural gas (LNG) from its facility at Nikiski, about 70 miles southwest of Anchorage, on the Kenai Peninsula…
Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…
The US Department of the Interior (DOI) announced that the US-Mexico Transboundary Hydrocarbons Agreement has been enacted. The agreement establishes a framework for US oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) to jointly…
Production has begun on RWE Dea UK's Breagh gas field in the UK Southern North Sea, the German operator announced on October 14 2013. The first three wells brought into production had an initial total flow rate of 2.75 MMcm/d of natural gas…
Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery off Cyprus encountered about 120ft of net natural gas pay within Miocene-aged sands. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location…
Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…
The Obama administration on Wednesday authorized additional natural gas exports from a fourth US facility. Dominion Resources Inc. subsidiary Dominion Cove Point LNG LP received conditional permission from the US Department of Energy…
Exploration firm Cluff Natural Resources (CNR) has been awarded rights to explore for offshore underground coal gasification prospects off the UK's coastline. The rights are through two conditional underground coal gasification (UCG) licences…
BG Group has made a natural gas discovery in the Ngisi-1 well in Block 4 off Tanzania. The well, drilled by the Deepsea Metro 1 drillship, appraised the Chewa gas field resulting in an upgrade in estimated recoverable resources in the block…
Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…
API Director of Upstream & Industry Operations, Erik Milito, said in a Wednesday press conference that there is broad and bipartisan support from the U.S. public and policymakers to expand access to offshore oil and natural gas development…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
Strong majorities of voters support increased access to domestic oil and natural gas resources, regardless of party affiliation, gender or age, according to a new Harris Interactive poll released by the American Petroleum Institute. 'Almost all voters agreed energy issues were important to them…
It is perhaps the biggest social and economic challenge of the world today: how will China acquire sufficient energy resources, of oil and perhaps even more important, natural gas, over the next several decades? China’s energy makeup is still quite primitive: 70% of China’s energy comes from coal…