Oil & gas news

Endeavour International Corporation has announced that the successful appraisal drilling in the western area of the Cygnus gas field in Block 44/11a has led to increased reserves and prospective resource estimates, and extended the field boundary to the north and west.

ExxonMobil has completed the world’s longest extended reach well drilled from an existing offshore fixed platform drilling rig, increasing the company’s ability to produce more domestic oil supplies from existing facilities at the Santa Ynez unit, offshore southern California.

Max Petroleum Plc has completed drilling the KZN-2 exploration well on the North Kyzylzhar II West Block prospect in Block E without encountering hydrocarbons.

Dana has announced a significant gas discovery at the Platypus prospect in the UK Southern North Sea.

A look at the recent debate surrounding BP and the Canadian oilsands along with Sinopec’s oilsands investment plans.

Solomon Associates shares the four most common mistakes energy companies make in designing a new facility.

Russia intends to invest millions of dollars in the Argentine nuclear industry following talks between President Dmitry Medvedev and the Argentine President Cristina Fernandez.

Riversdale Mining has officially opened its Benga coal project in Mozambique, with an estimated potential to produce 20 million ROM tpa of coal for more than 25 years. The company has also signed a contract with MCC to cover open pit mining for the first stage of the project.

According to a new report by the Geothermal Energy Association, 2009 saw a 26% growth in new projects under development in the US.

Reliance Industries has entered into a joint venture with Atlas Energy Inc. for a 40% stake in Atlas’ Marcellus Shale acreage.