The Italian oil major may have hit another find comparable to its giant Zohr field offshore Egypt.
Read More »Qatar Petroleum Signs Agreement for Exploration in South Africa
Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.
Read More »India`s ONGC Faces Delay in Biggest Project
ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »Iran Persian Gulf Oil Production to Rise
The daily production of this field is 140.000 barrels of oil from near 90 wells.
Read More »ExxonMobil Plans Rise Permian Shale Production
ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.
Read More »Algeria Considers Shale Gas Development
Algeria ranks third globally after China and Argentina in technically recoverable shale gas reserves.
Read More »Chernobyl Site Becomes Solar Power Plant
The current project cost approximately €1 million ($1.220.200).
Read More »NIOC-Total Deal being Executed
Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »