The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.
Zion Oil & Gas has entered into a memorandum of understanding (MOU) with Viking Services for a land-based oil and gas rig with deep drilling capacity and certain other oilfield services and crew for exploration activ ...
Chevron Corp. will allocate $35 billion in its capital and exploratory investment program for 2015, including $4 billion of planned expenditures by affiliates that do not require cash outlays by Chevron.
Eni was today awarded by the Ministry of Petroleum and Energy two exploration licenses in the Barents sea and in the North Sea as part of the Norwegian Award in Pre-Defined Areas (APA) 2014.
Eni was awarded an exploration license within the Croatian First Offshore Licensing Round. The License is referred to Block 9, which is situated in the Adriatic Offshore, a region where Eni is the exploration and pro ...
State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, plans to invest $35 billion over the next five years in crude oil exploration and development in a bid to keep its oil production portfolio robust, ...
BP PLC expects to start next year deep-sea drilling work off the coast of Libya, as the U.K. oil giant resumes it $2 billion exploration program halted by the rebel overthrow of Col. Moammar Gadhafi's regime last year.
Australia's government on Sunday said it has awarded 12 new petroleum exploration permits for off the coast of Western Australia and Victoria state. Among the eight companies to win the permits--the tender process re ...