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Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused mostly on the Arctic,…
ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for…
Published in OE Daily: 2018 / June
Friday, 22 June 2018 08:33

OPEC Reaches Deal to Raise Oil Output

OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group…
© think4photop / Adobe Stock  A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold…
Published in OE Daily: 2018 / July
Africa's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project…
Published in OE Daily: 2018 / July
Eni CEO Claudio Descalzi(Photo: Eni) Italian oil major expects to invest $1.795 billion in three offshore Mexican oil fields by…
Published in OE Daily: 2018 / July
Venezuela's PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume…
file Image: CREDIT Maersk A 25-year period for Denmark as a net oil exporter is set to end this year…
Thursday, 21 December 2017 09:56

Russia makes most discoveries in Q3 2017

A total of 30 oil and gas discoveries were made in Q3 2017. Of these, 18 were conventional oil, one…
Global high-impact* exploration in 2017 is expected to match 2016 in both activity and success rates, and with a marked…
Thursday, 21 September 2017 14:43

Hyperdynamics going solo at Fatala prospect

Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo…
Monday, 07 August 2017 08:44

Cairn hits oil, gas in last SNE probe

Cairn Energy has discovered hydrocarbons at its SNE North-1 wildcat well offshore Senegal, as well as oil in a deeper…
Talos Energy's Zama-1 exploration well, which made the "world class" Zama discovery, has failed to find further volumes in a…
Published in OE Daily: 2017 / July
Monday, 19 June 2017 14:00

WoodMac unveils energy outlook to 2035

Wood Mackenzie recently published a comparison of Wood Mackenzie’s Energy View to 2035, versus similar outlooks published by the International…
Published in OE Press: 2017 / June
Tuesday, 30 May 2017 12:27

Husky firms up West White Rose

Husky Energy has firmed up plans for its West White Rose Project offshore Newfoundland and Labrador with first oil set…
Published in OE Daily: 2017 / May
2018-09-21 06:49:28pm