Wood Mackenzie’s annual review of Norway’s upstream oil and gas sector reveals a largely positive picture. Exploration activity remained strong, capex only declined slightly, and production increased for the fir...
Italian energy company Eni announced it brought the Nene Marine field into production off the coast of the Republic of the Congo, 16 months after discovery. The field is located in shallow waters about 10 miles off th...
Iran’s oil minister says the country plans to pump up natural gas production at South Pars gas field to 100 million cubic meters (mcm) per day by the end of the current Iranian calendar year (March 21, 2015). “The pro...