Upstream©2015 Petroleum Economist60UpstreamStatoil drops Alaskan ambitionsNorway’s state-controlled oil producer has followed Shell out of the high-cost, high-risk Arctic, but downplays the extent of the costs it has incurred there, 18 Nov 2015 00:00:00 GMTIraq’s Ali al-Saady announces flaring rule postponementIraq’s economic recovery has been predicated in part on the growth of gas-fired power generation, but the lack of infrastructure means flaring is inevitable, 18 Nov 2015 00:00:00 GMTUK Premier sells Norwegian business for $120mn Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120mn, 16 Nov 2015 00:00:00 GMTOphir signs Equatorial Guinea LNG heads of agreementOphir hopes to decide on floating LNG plant offshore Equatorial Guinea halfway through 2016, 12 Nov 2015 00:00:00 GMTMarathon Oil sells GoM fields in $205mn deal, 11 Nov 2015 00:00:00 GMTShell launches Canadian Quest carbon capture plantShell has officially launched its Quest CCS project in Alberta, designed to store more than 1mn mt of carbon dioxide annually, 10 Nov 2015 00:00:00 GMTRosneft, ExxonMobil team up in MozambiqueRussian and US majors win rights to explore in three blocks, in Mozambique licensing round, 02 Nov 2015 00:00:00 GMTTullow Oil sees oil output boost from Ghana’s TENTullow Oil said its operated Tweneboa Enyenra Ntomme (TEN) development will increase its West African production by 50%, 28 Oct 2015 00:00:00 GMTGabon launches new oil bidding round Gabon officially launched a 2016 offshore bid round, offering five deep fields targeting a reversal om production slowdown, the country’s petroleum and hydrocarbons minister said, 28 Oct 2015 00:00:00 GMTLibya gropes towards recoveryState firm NOC says it can recover output quickly and add to capacity. The country’s political disintegration makes this unlikely., 23 Oct 2015 00:00:00 GMTMOL spreads E&P riskMOL Group is spreading its upstream risk more evenly, balancing growth in the relatively stable North Sea, 23 Oct 2015 00:00:00 GMTShell cautious on Mexico Oil major Shell hasn’t been won over by Mexico’s oil reforms yet, with much public sector work to be done, 21 Oct 2015 00:00:00 GMTNorway completes Polarled lineWork on the 26.6bn m³/yr Polarled line is now done. It is the first pipeline on the Norwegian continental shelf to cross the Arctic Circle, 20 Oct 2015 00:00:00 GMTDEA expands with Norway dealHamburg-based DEA, said on October 14 it will pay $1.6bn to German utility E.ON for its Norwegian upstream business, 15 Oct 2015 00:00:00 GMTBrazil’s 13th licensing round flops, 15 Oct 2015 00:00:00 GMTMexico finds success in second oil auctionAfter a disappointing first auction, Mexico’s historic oil opening regained momentum with a successful second bid round on September 30, 08 Oct 2015 00:00:00 GMTKazakhstan needs to offer more: Yergin, 08 Oct 2015 00:00:00 GMTOffshore UK: don’t waste a crisisProducing oil and gas offshore the UK has never been tougher, economically and technically, than it is now becoming, 30 Sep 2015 00:00:00 GMTIraq struggles to plug the financing gapBaghdad is facing a cash crisis, while losing control of its northern oil assets, 30 Sep 2015 00:00:00 GMTSouth Africa’s legal tangle, 30 Sep 2015 00:00:00 GMTAsian NOCs eye upstream build amid low oil pricesWith oil prices low and forecast to remain that way, governments are looking to strengthen their hand through acquisitions / Damon Evans, Jakarta, 30 Sep 2015 00:00:00 GMTShell concedes defeat in the Arctic, 28 Sep 2015 00:00:00 GMTPE Awards winners, 18 Sep 2015 00:00:00 GMTGrowing old gracefullyThe UK’s offshore oil and gas bonanza has been an amazing success story: it contributed enormously to national wealth and made the country self-sufficient for a time, 11 Sep 2015 00:00:00 GMTWoodside targets Oil Search Australia’s Woodside Energy is making an opportunistic A$11.6bn ($8.1 bn) takeover offer for Papua New Guinea (PNG)-focused Oil Search, 10 Sep 2015 00:00:00 GMTUK group argues for tax cuts, 10 Sep 2015 00:00:00 GMTEcuador fights Chevron in CanadaChevron's long battle to beat back a $9.5bn Ecuadorian judgment against it over environmental damage in the Amazon has taken one step forward and another back, 09 Sep 2015 00:00:00 GMTONGC expands Russian footprint, 08 Sep 2015 00:00:00 GMTPTTEP circles BG’s Thailand assets, 07 Sep 2015 00:00:00 GMTIndia shifts fiscal regimeIndian is easing rules for exploration and production in an effort to lure investment to boost output, 03 Sep 2015 00:00:00 GMT