European officials and industry leaders have taken steps toward reviving energy-market reform and setting long-term targets for renewable energy.
Qatar Petroleum International (QPI) agreed to acquire a 15% stake in Total E&P Congo, stating this reinforces its commitment to invest in Africa.
Oil prices fell with front-month crude down 0.6% in the New York futures market May 21 as the US dollar rallied in expectation the Federal Reserve Bank would maintain current efforts to stimulate the national economy.
Max Petroleum PLC, London, has run production casing in an appraisal well it plans to test in Baichonas West field in Kazakhstan.
Coffeyville Resources Refining & Marketing has agreed to pay a $300,000 civil penalty to settle alleged violations of federal air-quality requirements at its 115,000-b/d refinery at Coffeyville, Kan.
The US Environmental Protection Agency proposed standards to reduce vehicle emissions and sulfur content in gasoline beginning in 2017. Comments on the so-called Tier 3 requirements will be accepted until June 13, EPA said on May 21.
Union Fenosa Gas Exploracion y Produccion SAU, Soc. de Hidrocarburos de Euskadi SA, and Oil & Gas Skills SA have completed a 232 sq km 3D seismic survey in the Rioja area of northern Spain.
HRT Participacoes em Petroleo SA, Rio de Janeiro, said its Wingat-1 well on Block 2212 in the Walvis basin offshore Namibia found noncommercial amounts of oil and is being plugged.
Oil and gas production from tight shale formations clearly is a long-term phenomenon and not a short-term trend, Deloitte LLP officials told reporters. The financial services company found growing confidence in unconventional energy resources in a survey it conducted last year, said John England, a vice-chairman and leader of its...
As the US debates exporting more plentiful natural gas from new liquefaction along the East and Gulf coasts, gas exports to Mexico in the past 3 years have doubled, according to a recent research note from Barclays.
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