Oil & gas news
Mexico gambling on private investment
Mexico is gambling on private investment to counter the decline of oil production, according to GlobalData.
New recommendations to avoid jacking system failure
A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice.
Mongolia's fiscal terms attractive as oil shale interest grows
The fiscal and regulatory terms governing Mongolia’s upstream oil and gas sector remain attractive, according to GlobalData.
Africa Oil comments on Kenya finance bill
Africa Oil has confirmed that the Kenya Finance Bill 2014 has been passed by the Kenyan parliament.
BC residents support low carbon fuels regulation
According to a new poll, three in four British Columbians support BC’s renewable and low carbon fuels regulation.
Real Energy records strong gas readings at Tamarama-1
Real Energy Corporation has provided a progress report for its maiden exploration well in the Cooper Basin.
BHP Billiton and Pemex to exchange deepwater expertise
BHP Billiton and Pemex have signed an MOU to exchange deepwater drilling knowledge, information, and practices.
Gas discovery in Pingvin
Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea.
Lloyd’s Register: collaboration key to oil and gas future
Future innovation in the oil and gas sector will be driven by collaboration and innovation, finds a major new study.
Lundin Petroleum acquires interest offshore Malaysia
Lundin Petroleum has entered into agreements to acquire a 50% interest in PM328, offshore Malaysia, from Petronas.