Exploration & Production
Oklahoma reaches for the Scoop
31 October 2012
It’s called the Scoop — the South Central Oklahoma Oil Province — and it could be North America’s biggest and most productive unconventional shale play yet
Tax move 'will paralyse' Polish shale development
31 October 2012
Thinktank speaks out over planned fiscal framework
Optimism over the future of North Sea exploration
30 October 2012
While industry observers are divided over the UK offshore industry’s future, activity off the UK is growing. This show of confidence from offshore operators and foreign investors is breathing new life into the mature province, argues Walter Cumming, head of Oil & Gas at Barclays
Colombia shale round disappoints
29 October 2012
The Colombian government had high hopes that the 2012 licensing round would mark the start of its own shale rush
Marathon sales net $1.1bn for Eagle Ford
29 October 2012
Marathon Oil has signed asset-sale deals worth more than $1.1 billion, which it plans to spend at its Eagle Ford shale project
IHS sees $5.1 trillion in US unconventional spending by 2035
25 October 2012
Investments in tight oil and shale gas development will surge to more than $5.1 trillion over the next two decades, according to a new report by consultancy IHS Cera
Chevron to explore for shale gas in Lithuania
25 October 2012
US supermajor Chevron is to explore for shale gas in Lithuania after buying a 50% stake in a local company with prospective acreage
Brazil lacks skills to explore and produce oil wealth
24 October 2012
Brazil has plenty of oil, but it lacks the skills and equipment needed to explore and produce it
Ukraine’s vast unconventional potential
24 October 2012
Ukraine has huge potential for production of unconventional energy sources but it must develop its regulatory framework to attract investors, a new report by the International Energy Agency (IEA) says
PetroChina wins Hunan shale block
23 October 2012
PetroChina has won a block in south central Hunan province as part of China's second shale-gas licensing round
US fund backs Chongqing shale
23 October 2012
US-based Forbes Shale Gas Exploration Fund is primed to invest up to $500 million as part of efforts to bring much needed cutting-edge technology to Chongqing and boost shale development
Oil-sands oversight body aims to clean tarred image
23 October 2012
Alberta is looking to clean up its sullied oil-sands image with the creation of an independent environmental monitoring agency
Canada cans Petronas offer
23 October 2012
While it espouses the need for foreign investment in its energy sector, Canada is proving reluctant to give up control of its domestic producers
Santos turns on Cooper shale-gas taps
19 October 2012
Santos has begun the first shale gas production from its Cooper basin test site in South Australia
ExxonMobil continues shale expansion with Celtic takeover
18 October 2012
US supermajor ExxonMobil has agreed a C$3.1 billion ($3.2 billion) deal to buy Canadian independent Celtic Exploration, its largest acquisition since a $40 billion takeover of XTO Energy in 2009
Poland’s new tax regime seeks to boost shale prospects
18 October 2012
Revisions to Poland’s tax regime that set up a new fiscal framework for natural gas and oil development could boost the country’s shale-gas sector
Canada extends Nexen review
17 October 2012
Canada’s federal government has extended the review of China National Offshore Oil Corporation’s (CNOOC) proposed C$15.1 billion ($15.4 billion) takeover of Nexen, amid growing political criticism of the deal
Shale gas ‘may spark US manufacturing boom’
17 October 2012
Shale gas offers US manufacturers a $150-billion opportunity to diversify into the downstream sector, consultancy PricewaterhouseCoopers (PwC) claims
Senex cheers Cooper shale success
16 October 2012
Australian explorer Senex Energy has made a discovery at its Skipton-1 shale-gas well in the Cooper basin
Oilfield service earnings shifting away from North America
11 October 2012
After two years of robust growth, major oilfield service companies saw their North American margins shrink in the first half of 2012, according to a new study by IHS
China to invest billions in coal-to-gas projects
11 October 2012
China plans to invest $14 billion in four pilot coal-to-gas (CTG) projects in the country as it continues to look for ways to reduce its reliance on imported fuels
ExxonMobil’s Indonesian CBM push
11 October 2012
ExxonMobil is ramping up its campaign to prove Indonesia’s potentially vast coal-bed methane (CBM) resources can be brought into production. But the challenges to commercial- scale production are as large as the prize
Tokyo Gas eyes QCLNG project
9 October 2012
Tokyo Gas is eyeing a stake of up to 10% in BG Group’s Queensland Curtis coal-bed methane (CBM) to liquefied natural gas (LNG) export project in Australia
UK government sees shale as remedy
9 October 2012
The UK government has, for the first time since it imposed a moratorium on hydraulic fracturing last year, signalled that it will support shale-gas production
Gulf of Mexico to reach new equilibrium after Macondo spill
8 October 2012
High levels of investment and good exploration prospects will drive the area forward
East Africa’s big offshore gas prizes carry big challenges
3 October 2012
Vast gas discoveries off Mozambique and Tanzania are set to turn an energy-deficient region into one of the world’s largest sources of liquefied natural gas – but the challenges of commercialisation are as large as the prizes