The US Energy Information Administration (EIA) has released its first Short-Term Energy Outlook for 2013. The EIA predicts average Brent crude oil and Henry Hub natural gas prices spot prices will fall compared to 2012. Coal’s share of the energy mix will rise.
PIRA Energy Group provide a report on the global economic backdrop and oil markets.
A new US government report has added to the chorus currently predicting a new era of American world energy dominance.
Joint Industry Project led by DNV has developed a new framework for developing floating structures which can operate in icy conditions.
Spectrum to survey Potigar Basin, offshore Brazil.
The Mexican national oil company, Pemex, has announced the discovery of a light crude deposit in the southern Mexican state of Tabasco.
Europe’s largest oil services company has revealed that it has received US$ 800 million worth of new contracts in Mexico and Australia.
ONGC Videsh has revealed that it has agreed to spend US$ 5 billion on acquiring ConocoPhillips’ stake in the Kashagan project offshore Kazakhstan.
ANH, the regulating body of the Colombian hydrocarbon industry, has awarded 49 blocks in the country’s latest E&P round.
The Russian government has awarded two further offshore Arctic licences to Rosneft.
Lundin Petroleum has announced that it has struck approximately 60 m of gas pay offshore Malaysia.
BP Trinidad & Tobago (bpTT) has discovered an estimated 1 trillion cubic feet of gas offshore Trinidad, doubling the estimated gas in place of the Savonette gas field, to 2 trillion cubic feet.
The IEA unveils two scenarios, laden with predictions for the likely future of global energy supply and demand up to 2035, with a special focus on energy efficiency.
An American Petroleum Institute poll shows that 73% of voters favour more oil and natural gas development.
Employees from leading B2B magazine publisher Palladian Publications Ltd took part in a 10 km off-road race to raise money for a local hospice.