Exploration & Production
Why oil investors won’t be rushing into Iran’s upstream just yet
12 February 2016
Good reasons to invest in Iran’s energy sector abound. But for now discretion remains the better part of valour
Ruble crash may force Russian oil producers to offload foreign assets
10 February 2016
The ruble's collapse and slump in oil prices are forcing firms to shrink their overseas interests
Bears rule the gas patch
27 January 2016
Low natural gas prices will add to US producers' pain in the year ahead
US oil unleashed
18 January 2016
Export options will be limited for now, but America's crude producers could eventually lay down new trade routes to Europe and Latin America
Can the EU cope without Groningen?
7 January 2016
Output from the Netherlands’ giant gasfield, a stalwart of European gas supplies for decades, is falling sharply, increasing the continent’s need for imports
Still waiting for the UK's shale boom
7 January 2016
The reserves are big, the government supports it and frackers are keen. So where is the country's shale gas production?
Iraq’s expansion goals under pressure from lack of investment
11 December 2015
Ambitious production expansion plans under threat as a lack of investment in southern Iraqi infrastructure disrupts progress
Shale reckoning at hand
3 December 2015
Low oil prices are overwhelming tight oil producers, writes Justin Jacobs
BG farms into Cyprus block for $165m
23 November 2015
UK producer BG has farmed into a 35% interest in Block 12 offshore Cyprus with US producer Noble for $165m cash
Dutch court orders cut to Groningen production
18 November 2015
Giant Dutch swing gas field output to be halved, creating room for more peak winter deliveries from outside the European Union
Maersk buys 50% of Africa Oil’s onshore assets
11 November 2015
The Danish business buys 50% of Africa Oil’s stakes in onshore exploration licences
Lenders standing by shale drillers
10 November 2015
Many of those looking for the breaking point for struggling shale producers have argued that the round of bank lending reviews the sector faces this autumn will herald a financial reckoning
Rosneft and ExxonMobil team up in Mozambique
2 November 2015
Russian and US majors win rights to explore in three blocks in Mozambique licensing round
Tullow Oil to increase West African production by 50%
28 October 2015
The company said the increase is a result of Ghana's operated Tweneboa Enyenra Ntomme (TEN) development
Chinese firm buys Texas oilfields for $1.3bn
27 October 2015
Yantai Xinchao is to buy oilfields in Texas’s Permian basin from producers Tall City Exploration and Plymouth Petroleum for around $1.3bn
MOL spreads exploration and production risk
23 October 2015
The Hungarian MOL Group is spreading its upstream risk more evenly, balancing growth in the relatively stable North Sea
Asian NOCs eye upstream build amid low oil prices
30 September 2015
With oil prices low and forecast to remain that way, governments are looking to strengthen their hand through acquisitions
Shell concedes defeat in the Arctic after poor results
28 September 2015
The company have abandoned the multi-billion dollar drilling campaign after facing difficulty in the region
Eni's Zohr field discovery speeds Egypt's gas revival
23 September 2015
The find of the Zohr field offshore Egypt has sharpened keen interest in the gas potential of the east Mediterranean
US shale drillers' efficiency gains slowing down
15 September 2015
The Energy Information Administration says US efficiency gains are slowing which could lead to a steep decline in oil output
UK oil and gas production gracefully coming to an end
11 September 2015
The UK’s offshore oil and gas bonanza has been an amazing success story: it contributed enormously to national wealth and made the country self-sufficient for a time
India's ONGC expands Russian footprint
8 September 2015
The Oil and Natural Gas Corporation has taken a 15% stake in the Vankor oilfield
Gazprom and BASF follow through with cash free swap
4 September 2015
BASF and Russian Gazprom plan to swap upstream assets in Russia for downstream assets in Europe
India shifts fiscal regime to encourage investment
3 September 2015
India is easing rules for exploration and production in an effort to lure investment to boost output
Eni to fast-track Egyptian gas field discovery
1 September 2015
Italian major Eni believes it has found a lean gas field off Egypt with 30 trillion cf of gas in place
UK OGA approves major gas field
1 September 2015
The Oil & Gas Authority has approved the £5.6bn ($8.57bn) development of the Culzean gas and condensate field