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

More Oil & Gas News

Hess announces sale of Thailand oil and gas assets

Apr 23, 2014

Hess Corporation announced today it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand.

APPEA: Time to lift barriers on New South Wales natural gas development

Apr 23, 2014

Australia’s second biggest onshore natural gas field is within NSW borders, yet 95 percent of the state’s natural gas supply is imported from other states.

Lukoil agrees to exploration in Kalmykia

Apr 23, 2014

LUKOIL President Vagit Alekperov and the head of the Republic of Kalmykia signed a cooperation agreement in Elista.

Chestnut announces promising initial production rates in Texas

Apr 23, 2014

In the first 24 hours of production, the well produced 1,063,000 cubic feet of natural gas and 28 barrels of condensate.

BP to sell interest in four Alaska North Slope oil and gas assets

Apr 23, 2014

The company wil focus on the Prudhoe Bay oilfield and progressing Alaska LNG opportunity.

Gazprom and Austria discuss alternative Russian gas routes to Europe

Apr 23, 2014

The parties addressed the issues of Russian natural gas supply to Austria.

Nexen names Fang Zhi as new CEO

Apr 23, 2014

Following a 20-year career with Nexen, Kevin Reinhart is departing from his role as Chief Executive Officer.

CMM takes delivery of its first Damen PSV 3300

Apr 23, 2014

CMM Gravity starting a long-term contract with Petrobras

OTC 2014: Distinguished Achievement Award recipients announced

Apr 23, 2014

The Offshore Technology Conference has revealed the recipients of this year’s Distinguished Achievement Awards.

Conflict likely in Russia-Ukraine standoff

Apr 23, 2014 Conflict is increasingly likely between Russia and Ukraine, with potentially significant implications for oil and gas markets, including higher and more volatile prices, said a report released rece...