Oil & gas news

Oando Energy Resources has completed its acquisition of ConocoPhillips’ Nigerian oil and gas business.

TGS has reported net revenues of US$ 205 million in Q2 2014, compared to US$ 210 million in Q2 2013.

GlobalData has said that higher North American oil output levels will reduce OPEC members’ production in 2014.

The Norwegian Petroleum Directorate has granted Statoil a drilling permit for wellbore 7327/9-1.

Hess Corporation has reported net income of US$ 931 million for the second quarter of 2014.

William J. Antholis of the Brookings Institute discusses India’s climate change policy in a Modi government.

TGS has announced three new multi-client surveys, offshore Australia, New Zealand and in the West of Shetland region.

Jeffrey Sachs, Professor of Sustainable Development at Columbia University, outlines the importance of a new approach to climate change.

PwC look at how US oil and gas deal value and volume increased substantially in the second quarter of 2014.

While exploration activity in Africa is at its highest level ever, the continent remains largely unexplored.