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Uganda committed to second licensing round

As Total and CNOOC develop billions of barrels of proven oil reserves near Lake Albert, the Ugandan government is committed to attracting more investment into the development of its hydrocarbons potential through the Second Licensing Round.


Equatorial Guinea adopts new petroleum regulation

The regulation covers matters such as the extension of the productive life of mature fields and the exploration of marginal and onshore fields along with investments in deep and ultra deepwater acreages.


Neptune Energy begins Dugong drilling campaign

The announcement comes a day after Petrolia, a partner in the programme along with Concedo and Idemitsu Petroleum, had said that drilling would start by 19 June.


Victoria lifts moratorium on gas exploration

The Australian Petroleum Production and Exploration Association has said the legislation passed on Tuesday this week was a step in the right direction to help ensure that Victoria has ongoing secure supplies of natural gas.