LONDON -- BG Group announced its fifth consecutive Tanzania gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania.
Mzia-1 is BG Group's first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group's offshore acreage in Blocks 1, 3 and 4, to complement the now proven Tertiary fairway.
WASHINGTON – As the Obama administration continues to make millions of acres available to for oil and gas development, a report released today by the Department of the Interior shows that more than two thirds of federal offshore acreage leased by industry and more than half of federal onshore leased acreage in the lower 48 states remains idle – neither producing nor under active exploration or development by companies who hold those leases.
PARIS -- French oil major Total SA said Wednesday it has stopped the natural-gas leak at its North Sea Elgin platform by pumping heavy mud into the leaking well there.
BP Norge AS has received consent from the Norwegian Petroleum Safety Authority (PSA) to use the mobile Polar Pioneer drilling facility to drill exploration well 6507/3-9 in the Norwegian Sea.
The Deputy Prime Minister for Energy in Iraq, Dr. Hussain Al-Shahristani, has been awarded the Freedom from Fear Medal, which recognizes a lifelong commitment to democratic values in the face of overwhelming challenges.
Apache Corporation announced that an extension well had initial production rates higher than any oil well drilled at the Beryl Field in the U.K. North Sea since 2001.
French oil major Total SA Tuesday started the operations to ultimately "kill" a natural gas well at its Elgin platform in the North Sea that has been leaking since March 25.
Cove Energy Tuesday unveiled a major natural-gas discovery offshore Mozambique amid a bid offer on the U.K. oil and gas company by major Royal Dutch Shell.
A recent move by the U.S. government to reduce volatility and prevent excess speculation in oil markets may in fact have the opposite effect, according to the International Energy Agency’s latest Oil Market Report.
Prometheus, a supplier of liquefied natural gas solutions to the industrial sector, announced that it has moved its headquarters into a new, expanded space at Granite Westchase in Houston, Texas, from its previous location in Redmond, Washington.
ADELAIDE, Australia - Australia's drive to overtake Qatar as the world's biggest exporter of liquefied natural gas is being underpinned by a resource of around 390 trillion cubic feet of natural gas, which could double in size if exploration for shale gas is successful, Minister for Energy and Resources Martin Ferguson said
PARIS -- Total has stopped a natural-gas leak in Nigeria's Niger Delta that began on 20 March during the drilling of a new well in the southern Rivers state, reports said.
DENVER -- Petroleum Development Corporation announced today that the company has executed a definitive agreement to acquire Core Wattenberg assets that contain significant liquid-rich horizontal drilling opportunities from a private party for a purchase price of approximately $330.6 million,
SAN RAMON, Calif.-- Chevron Corporation announced that its Australian subsidiaries have signed a non-binding Heads of Agreement (HOA) with Tohoku Electric Power Company Incorporated for the delivery of liquefied natural gas (LNG) from the Chevron-operated Wheatstone natural gas project in Australia.
HOUSTON -- Chesapeake Energy Corp. said Monday that it would delay a $1 billion oil deal in the Eagle Ford oil shale in Texas, but that major asset sales in the Permian and in the Mississippi Lime basins remained on track to close in the third quarter.
ADELAIDE, Australia -- Woodside Petroleum Ltd. has joined a consortium to bid for natural gas exploration blocks offshore the Mediterranean island nation of Cyprus, Chief Executive Peter Coleman said Monday, in the latest sign of international interest in an emerging energy province following a series of big discoveries.
HOUSTON -- Royal Dutch Shell Plc and Chevron Corp. gained the right to develop Ukrainian shale gas fields Yuzivske and Oleske, Prime Minister of Ukraine Mykola Azarov said in his interview with Euronews.
The fields are expected to provide Ukraine with up to 10% of domestically consumed natural gas by 2020.
STAVANGER -- Statoil has reached an agreement to use Seadrill's West Aquarius (UDW semisub) drilling rig for Statoil's 2012-2013 exploration activities offshore Newfoundland, Canada.
HOUSTON -- FMC Technologies, Inc. announced today that it has signed an agreement with Technip France, on behalf of the Technip Samsung Consortium, to supply offshore loading arm systems as part of the Shell Prelude Floating Liquefied Natural Gas (FLNG) Project.
VOCA, Texas -- This tiny corner of Texas Hill Country doesn't have oil or gas riches, but it does hold vast deposits of a granular commodity highly-coveted by energy companies: sand.
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