(Reuters) - New Zealand will not grant any new permits for offshore oil and gas exploration, Prime Minister Jacinda Ahern said on Thursday, taking the industry by surprise with a decision that it says will push investment overseas. The centre-left...

Without a comprehensive study being conducted to determine what the cost would be to bring natural gas to shore and the associated land based infrastructure required to facilitate this, any talk about its economic feasibility hinges on speculation. A well-placed...

(Reuters) Exxon Mobil (XOM.N) is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Officials from the world’s largest listed oil producer recently...

Stones is the world’s deepest oil and gas project, operating in around 2,900 metres (9,500 feet) of water in an ultra-deep area of the US Gulf of Mexico. The project started production in September 2016 from a Floating Production,...

(Reuters) - BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia; the company said on Monday, further boosting output that is helping the company to turn a corner after a bruising market downturn. Gas...

Fourteen Guyanese will soon be undergoing rigorous training in Trinidad and Tobago to acquire skills for the oil and gas industry, after which they will be deployed on a number of offshore projects. This initiative is the start of what...

(Reuters) - Dutch oil and gas exploration company Tulip Oil has been awarded a production license by the Dutch government for a gas field off the coast of the Netherlands, it said on Monday. Tulip Oil will now proceed with a...

ExxonMobil is advancing four Stabroek Block projects that would follow the Uaru development and its Errea Wittu floating production, storage and offloading vessel (FPSO). Whiptail is expected to begin production in 2027, followed by Hammerhead in 2029. ExxonMobil is also...

Petrobras and three private-sector gas producers have extended long-term access agreements for natural gas processing at the Catu Natural Gas Processing Unit (UTG Catu) in Bahia, Brazil, securing continued use of the facility and providing greater certainty for producers. In...

Young Guyanese participating in the government’s Youth in Natural Resources Apprenticeship program gained firsthand exposure to the country’s oil and gas infrastructure through a visit to the Gas-to-Energy (GtE) project site at Wales, on the West Bank of Demerara.  In...