More Petroleum News


Petroleum News including Oil Exploration, Production, Offshore Oil Drilling, Refining, Pipeline News & Resources and Oil & Gas Industry News

More Oil & Gas News

Libya's largest oil depot begins exports

Aug 20, 2014

The central government had resolved a dispute last month with militias in the country's east that had caused exports from two of the country's oil ports to stop for almost a year. 

PanTerra enters agreement to acquire additional oil and gas production assets

Aug 20, 2014

The Acquisition provides the Corporation an entrance into the Central and Southern Alberta foothills areas. 

Algeria oil and gas exports drop 9 percent in first quarter

Aug 20, 2014

Algeria's central bank said exports of oil and natural gas dropped 9 percent in the first quarter compared to last year.

Oil production shut down on Troll C

Aug 20, 2014

Statoil shut down production on the Troll C platform in the North Sea after an inspection program detected corrosion damage to a pipe. 

Continued success for Contact Exploration's Kakwa Development

Aug 20, 2014

The New Wells have undergone testing for a longer duration than Contact's previous Kakwa wells in order to assist with the recovery of the additional frac water volumes. 

BP hires new CEO to improve competitiveness of onshore oil and gas assets

Aug 20, 2014

BP announced today that it has named David Lawler chief executive officer of its US Lower 48 Onshore business. 

EMAS AMC awarded a three-year frame agreement for subsea installation in UK

Aug 20, 2014

EMAS AMC has been awarded a three-year frame agreement with Apache North Sea Ltd. for offshore construction services. 

Alaska oil tax referendum too close to call

Aug 20, 2014

Voters rejecting a referendum to repeal Alaska's revised oil tax system were prevailing with a narrow lead in late returns Tuesday night but the outcome remained too close to call. 

US government sells 400,000 acres offshore Texas

Aug 20, 2014

The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development. 

Shell strengthens Western Gulf of Mexico position through Lease Sale 238 win

Aug 20, 2014 Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s Lease Sale 238.&n...