UK-based oil and gas company has won three offshore licenses as part of the UK's 32nd Offshore Licensing Round. The round offered for award 113 license areas over 259 blocks or part-blocks to 65 companies.Premier Oil said that the blocks awarded were near its operated assets…
The UK government said Thursday it would review its policy on the future UK offshore oil and gas licensing regime as part of the wider aim of the country towards achieving net-zero emissions by 2050.'The review will ensure the Government has…
The UK oil and gas regulator Oil and Gas Authority (OGA) has offered for award 113 license areas over 259 blocks or part-blocks to 65 companies in the 32nd Offshore Licensing Round.The round offered blocks in mature, producing areas close to existing infrastructure…
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Exxon, which operates…
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthen extensions to remote wells, a U.S. official said on Monday.Oil companies operate 68 offshore deepwater platforms in the Gulf of Mexico…
Cyprus on Monday criticized European Union partners over what it said was diffidence amounting to 'a policy of appeasement' in dealing with Turkey, locked in a stand-off with Cyprus and Greece over energy exploration in the eastern Mediterranean…
Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off Cyprus until mid-September.Yavuz will be accompanied by three other Turkish ships…
President Tayyip Erdogan warned Greece on Friday that Turkey will retaliate against any attack on its survey vessel Oruc Reis in the eastern Mediterranean in an escalating row between the NATO allies over gas and oil exploration in the region…
A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…
President Tayyip Erdogan said on Thursday that the only solution to Turkey's dispute with Greece over energy exploration in the eastern Mediterranean was through dialogue and negotiation, and Ankara was not seeking any 'adventures' in the region…
A former head of Mexican state oil firm Petroleos Mexicanos (Pemex) accused of corruption has sought to blame the wrongdoing on his former boss, ex-President Enrique Pena Nieto, and a top aide, said Attorney General Alejandro Gertz on Tuesday…
German utility Uniper on Tuesday warned it may have to impair a loan provided to the planned Nord Stream 2 gas pipeline if the project collapses in the face of U.S. sanctions.'With the U.S. intensifying their efforts on targeted sanctions against…
Somalia expects to announce the winners of its first oil and gas licensing round early next year, as the country seeks petrodollars to help rebuild its struggling economy, a senior government oil official said on Wednesday.Battered by violence…
U.S. President Donald Trump on Tuesday signed into law a rare bipartisan bill that will use royalties from offshore oil and gas drilling operations to fund long-overdue maintenance of public lands, national parks, and Native American schools…
Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…
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