Exploration

The US GAO has said that allowing exports could reduce consumer fuel prices, and the size of the strategic reserves should be reexamined.

Christophe de Margerie, the CEO of Total, has died in a private plane crash at Vnukovo Airport in Moscow.

According to the UK government, reforms are needed in order to make the EU Emissions Trading System more efficient.

Scientists have developed new geochemical tracers that can identify fracking flowback fluids that have been released into the environment.

Business Monitor International looks at the competitive landscape in Russia’s oil and gas sector.

FAR Ltd has raised US$ 46.7 million to support the FAN-1 well drilling programme offshore Senegal.

Vaalco Energy, Inc. has announced the commencement of a new six well drilling campaign offshore Gabon on its Etame Marin block.

According to new analysis from Energydesk, it is renewables and not fracking that is responsible for falling US carbon emissions.

Anniversaries marked as Rosneft celebrates its involvement in the Okhotsk oil and gas province.

Pacific Rubiales has entered into a three year Memorandum of Understanding and Cooperation with Pemex.

Five stand-out stories from this week’s upstream oil and gas news.

Eran Chvika, Norton Rose Fulbright LLP, Paris, explains the importance of reserve based lending for funding oil and gas projects.

Marathon Oil has closed the transaction with Det norske for the sale of its Norwegian business for US$ 2.7 billion.

Projects in Saudi Arabia have the most recoverable reserves among the world’s top upstream developments, according to GlobalData.

Petronas’ exploration and production subsidiary has ordered Kongsberg’s SiteCom® real-time drilling operations software.