Exxon Mobil Corp. is looking to sell a package of conventional oil assets in the Permian basin as the company focuses on growing shale production after buying Pioneer Natural Resources Co. earlier this year.
KINGSTON, Jamaica— United Oil and Gas Plc (UOG) said it has drilled no wells, and, as a result, no commercial oil or gas discovery has been made in Jamaica.
China National Petroleum Corporation (CNPC) and its listed company PetroChina are looking to buy oil and gas exploration and production assets and LNG opportunities globally in what could be a revival of deal-making for the Chinese state giant after two decades.
QatarEnergy will supply three million tonnes of liquefied natural gas (LNG) a year under the deal, the Kuwait Petroleum Corporation (KPC) said in a statement.
Africa Oil has signed a call and put option agreement with three shareholders in Impact Oil and Gas to purchase a material 7.0% interest in Impact (‘Option Agreement’). If exercised, the Option Agreement will increase Africa Oil’s Impact shareholding to 39.5%.
An Exxon Mobil (XOM.N), opens new tab consortium’s crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday.
Output had fallen to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, government data showed, a sign that planned work on the floating production storage and offloading (FPSO) facilities had begun.
Petrobras on the hunt for shale gas deals in Argentina’s prolific Vaca Muerta to increase production
Brazil’s state-controlled oil and gas producer Petroleo Brasileiro SA (Petrobras) is hunting for shale gas deals in Argentina as part of a bigger plan to increase supplies of the fuel to spur industrial growth, according to people familiar with the strategy.
Oil advanced after Libya’s eastern government said it will halt exports, building on tensions in the Middle East after Israeli strikes on Hezbollah targets in southern Lebanon raised concerns of a broader conflict.
Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million.
A Hibiscus Petroleum subsidiary has signed a farm-in deal for 30% interest in a production sharing contract for a block offshore Malaysia.