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Oil price, Dragon Oil, Sundry-Tullow/Northern- Gavin Graham- And finally...

Oil price Wednesday's rise in crude prices continued yesterday as the market got to grips with the inventory numbers, not just in crude but in product where gasoline demand is picking up pretty much worldwide. In addition the situation in the Middle East conti ...

Petronas achieves first oil from the Bukit Tua field in Indonesia

PETRONAS reached a significant milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field on 17 May 2015. PETRONAS' General Manager and Country Chairman of Indonesia Operations, Hazli Sham Kassim said, 'We are proud ...

Questerre enters into MOU for oil shale acreage in Jordan

Questerre Energy Corporation (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding ('MOU') with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the appraisal and development of oil shale acreag ...

Petrofac supports Bumi Armada with maintenance build for North Sea FPSO

Petrofac, the international oil and gas facilities service provider, has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada's floating, production, storage and offloading (FPSO), the Armada Kraken bound for th ...

A tale of two crudes: Nigeria and Angola

Nigeria and Angola, both situated in West Africa, are the two biggest producers in the region, but the crudes from these two countries have treaded divergent paths in the past year, despite a lot of similarities. Nigeria produces just over 2 million barrels o ...

Cenovus temporarily shuts down Foster Creek due to forest fire; Workers safely evacuated from operations as a precaution

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range (CLAWR) in northeast ...

Friday, May 22, 2015

ExxonMobil deny lobbying Iran on sanctions

Today, ExxonMobil issued a statement regarding Iran lobbying. 'Media reports that ExxonMobil is lobbying the U.S. government on Iran sanctions are inaccurate.' 'ExxonMobil is not lobbying on Iran sanctions,' said Ken Cohen, vice president of Public and Gover ...

US imports of natural gas fall to lowest level since 1987

U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports (imports minus expor ...

Third Energy plans for fracking in North Yorkshire

Third Energy can announce that it will today submit a planning application to North Yorkshire County Council to hydraulically stimulate and test various geological formations, at the existing Well KM8 at Kirby Misperton. If successful, these tests will be foll ...

Vanguard Natural Resources to acquire Eagle Rock Energy Partners

Vanguard Natural Resources, LLC (Nasdaq:VNR) ('Vanguard' or 'the Company') and Eagle Rock Energy Partners, L.P. (Nasdaq:EROC) ('Eagle Rock') today announced that they have entered into an Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard ...

Statoil awarded drilling permit for well 6706/11-2 in production licence 602

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, cf. Section 8 of the Resource Management Regulations. Well 6706/11-2 will be drilled from the Transocean Spitsbergen drilling facility in position ...

Statoil drills dry wells north of the Hyme field in the Norwegian Sea

Statoil Petroleum AS, operator of production licence 348 C, is in the process of completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A. Both wells have been drilled about four kilometres north of the Hyme field in the southern part of the Norwegian ...

Buru Energy's Olympic 1 exploration well spuds

Buru Energy (ASX: BRU) is pleased to advise that its extensive 2015 exploration drilling program has commenced with the spudding of the Olympic 1 conventional oil well located southeast of Broome in Western Australia. The well, which is being drilled with DDH ...

Mosman Oil and Gas updates shareholders on activities

The Directors of Mosman Oil and Gas Limited (AIM: MSMN), the New Zealand and Australia focused oil exploration and development company is pleased to update shareholders in respect to several matters. Corporate update Mosman's Board of Directors ('Board') has ...
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