BP has announced that it has signed a Heads of Agreement with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery.
Financial results and operational update highlight Goodrich Petroleum's strong performance.
Corridor Resources Inc. has provided an operations update and announced that it has entered into an additional forward sale agreement.
The SNE-2 well, offshore Senegal, will be drilled in approximately 1100 m of water and drilled to a TDVSS (total vertical depth subsea) of approximately 2770 m.
Proposals to restrict energy development have been met with harsh criticism.
Financial highlights of the third quarter of 2015.
API has stated that the proposal to restrict energy development on federal lands would increase consumer costs, reduce the amount of US jobs, decrease government revenue and weaken national security.