US supermajor ExxonMobil is set to resume exploration activity off Brazil in the first half of 2018 after a nearly eight-year hiatus. The company will be shooting 3D seismic covering two ultra-deepwater blocks it recently farmed into in the...
(Energy Business Review) The US Interior Department (DOI) has announced plans to offer 76.9 million acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida in lease sale for oil and gas exploration...
Guyana’s Minister of Natural Resources, Raphael Trotman, has described his recent participation in the annual meeting of the New Petroleum Producers Discussion Group in Suriname as fruitful.
The New Petroleum Producers Discussion Group is an initiative of London-based Chatham House,...
(Reuters) - Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said on Thursday, potentially teeing up a third tender in an election...
(AP) Iran’s oil minister says President Donald Trump should allow American oil firms to do business in the Islamic Republic.
Bijan Zanganeh’s comments on Tuesday come as Americans and U.S. companies are still barred from directly doing business with Iran....
(NBC News) An oil rig exploded on a Louisiana lake Sunday night, injuring seven people, five of them critically, while another person remained unaccounted, authorities said.
The explosion on Lake Pontchartrain was reported at 7:18 p.m. (8:18 p.m. ET) about...
Statoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will provide approximately 160,000 households with electricity. Statoil...
The recent round of sanctions from the Trump administration has pushed the Venezuelan government to publish its oil prices in Chinese Yuan which has been seen as a fulfilled promise from President Nicolás Maduro to layoff the U.S dollar,...
(Reuters) - Higher investments in offshore oil production are critical to avoiding a supply squeeze by 2020, as expanding shale output will not match projected demand increases in the next few years, U.S. oil producer Hess Corp said on...
Tullow oil is hoping to strike it big offshore Suriname at the Araku oil prospect on Block 54, set to begin early this month.
The UK-based oil and gas exploration company is targeting a Jubilee look-alike play in the continental...
