Exploration & Production
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
US shale drillers feel the financial crunch
20 August 2015
The financial pain from lower oil prices is taking its toll on shale producers
Rosneft buys assets of oilfield services company Trican
19 August 2015
The company is buying the Russian assets of Trican in order to boost itself ahead of harsher western sanctions
Guyana oil find raises big hopes
14 August 2015
Guyana wasn't expected to be the next country to find oil, with high hopes resting on Suriname
UK enforces faster shale applications
13 August 2015
Shale gas planning applications will be fast-tracked through a new, dedicated planning process, under UK government measures announced 13 August
Dog days of summer for US shale producers
11 August 2015
Listening to some of the US shale industry's top executives during the second quarter results season, one might think that shale output was surging ahead as strong as ever
Hope remains for the UK North Sea prospects
7 August 2015
The UK Continental Shelf still has its attractions for the producer, sky-high costs notwithstanding. This year might even see a year-on-year rise in output, with regulatory enhancments still to come
BP invests $1bn in UK North Sea project
5 August 2015
The investment will bring new life to the Eastern Trough Area Project in the central North Sea
US rig count rise points to likely bottoming out
30 July 2015
Up by 21 from last week, the US rig count shows shale executives are eyeing a return to growth
Scottish & Southern Energy buys $1.43bn gas assets
29 July 2015
A UK utility has committed to spend the money on upstream gas assets
Low oil prices force Eagle Ford sale
29 July 2015
US shale producer Goodrich Petroleum sold off a chunk of its Eagle Ford acreage in an $118m deal in late July as the cash-squeezed producer looks to pay down debt and fortify itself for a period of low oil prices
Cuadrilla appeals Lancashire council decision
23 July 2015
The UK explorer is challenging the council's decision to refuse permission to explore gas in two sites in the county
Netherlands lowers Groningen output
16 July 2015
The Dutch government has further cut production from the giant Groningen gas field in order to limit damage to the buildings in the region
US oil growth stalls, for now
13 July 2015
The price plunge is testing the resilience of the world’s biggest oil producer
Victims of their own success
9 July 2015
Shale-gas drillers are struggling to cope with the cheap prices brought by their onslaught of supply
Shale oil drillers bring out the knife
9 July 2015
Cost cutting, not production growth, is now the sector’s obsession
The survival of US shale
6 July 2015
Despite the fall in global commodity prices, the US keeps producing. This is due to the ‘portfolio effect’ and better technology, show Philippe A. Charlez of Total and Pierre Delfiner of PetroDecisions
US shale survives amid falling prices
2 July 2015
Despite the fall in global commodity prices, the US keeps producing. This is due to the ‘portfolio effect’ and better technology
UK shale setback
1 July 2015
Lancashire County Council rejected both applications from Cuadrilla to produce gas from shale deposits deep underground in northwest England, despite receiving advice from its planning division to approve one of them
Libyan fields could resume production after negotiations
29 June 2015
Libyan oil production could almost double, pouring more light oil into an oversupplied global market
Lundin's Alta lifts hopes for Norway's southwestern Barents
18 June 2015
Prospects open for a development project in the southwestern part of the Norwegian Barents Sea
Opec primes the pump
18 June 2015
The latest target rollover means more crude is on the way.
More gas for Norway’s Aasta Hansteen
11 June 2015
The remote Norwegian sea discovery has been made by Statoil
Fracking making waves again
11 June 2015
The controversial drilling technology, that boosted US oil and gas production and transformed global energy markets in the process, is making waves again
Cautious optimism over China's shale-gas plans
1 June 2015
The country’s huge reserves are not living up to their promise