In the News
Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling.
Transocean's recent move signals just how bleak the future looks for deepwater drilling.
The US shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers say.
To meet plans for oil production and refining capacity, the Iraqi government must improve contracts with international oil companies and attract foreign investment, says Arab Petroleum Investments Corp. (APICORP), Dammam.
Singapore-based Jadestone Energy Inc. has reported an average production rate from Stag oil field in licence WA-15-L off Western Australia of more than 3,600 b/d for the 10-day period to Oct. 14.
Sydney and Port Moresby company Oil Search Ltd. has notched up its highest ever production volumes during the third quarter, most of it thanks to the rise in output from the ExxonMobil Corp.-operated Papua New Guinea-LNG project.