China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
The UK offshore oil and gas industry is experiencing record investment levels but there has been a fall in exploration activity that should lay the foundations for continued production. Industry association Oil & Gas UK Tuesday released ...
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
Eastern Canada's Nova Scotia government is in favor of the proposed 1.1 million b/d Energy East crude oil pipeline terminating at a deep water port in the province, rather than in neighboring New Brunswick on the Atlantic coast, the ...
Tags: Nova Scotia, Oil Pipeline
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that Threading and Mechanical Key Premium LLC, TMK's service and support center in Abu-Dhabi in the United Arab Emirates (UAE), has been certified ...
Tags: TMK, oil, gas, steel pipe
London-listed Altona Energy has signed a new memorandum of understanding securing investment to help develop its Arckaringa coal-to-liquids project in South Australia, after terminating a previous joint venture with China National Offshore ...
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
China National Offshore Oil Corp has signed an agreement with a Taiwanese company to help promote LNG in Taiwan's Kinmen county. Shinfox Corp. confirmed Monday that it had signed a framework agreement on Friday with CNOOC's majority-owned ...
Tags: spot cargoes, Chemicals
China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
International oil and gas services specialist HS Ocean Group (HSOG) has been awarded a multi-million dollar refurbishment and upgrade of a high-specification jack-up drilling rig at its facility at Labidco Port, La Brea in Trinidad. ...
Tags: HS Ocean Group, refurbishment, jack-up drilling rig, La Brea facility
New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) today provided an update on its production and operational activities. The Company is currently producing approximately 236 barrels ("bbl") per day of light, high-quality oil (average ...
In the 27th Offshore Oil and Gas Licensing Round, RWE Dea UK received the operatorship in a further three licences in the Southern North Sea In addition to the two 27th Round licences awarded earlier this year, P2018 West of Shetland and ...
API welcomed the passage today of an agreement between the U.S. and Mexico to allow joint energy development projects along our shared maritime border as a part of the final approval of Congress’ budget deal. “The energy ...
Tags: energy development, oil, gas
China's natural gas sector will develop quickly in the near future, which offers "golden opportunities" for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as "CEFC China Energy Focus: ...