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Oil & Gas Technology News Archive

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30th March 2012

Shell is one step closer to drilling in the Arctic Sea this summer after the US government approved its second oil spill response plan, this time for the Beaufort Sea.The Bureau of Safety and Environmental...
30th March 2012

State-run Indian company, Oil & Natural Gas Corp will sign an agreement with ConocoPhillips to explore and develop shale-gas reserves and deep-water oil and gas blocks, it emerged on Friday.The...
30th March 2012

Essar Oil today has completed a USD 18bn expansion of its Gujarat-based refinery which should boost crude capacity to 80 per cent and increase the company’s turnover by a third. Almost half of the fuel will...
29th March 2012

Beijing-based emerging oil giant, PetroChina, pumped 2.4m barrels per day in 2011, surpassing French rival Exxon by 100,000, it announced on 29 March.Output increased 3.3 per cent in 2011 while Exxon's fell...
29th March 2012

Hard-to-reach oil fields in Brazil could be conquered with the help of innovative floating technology devices, according to a new report by business intelligence company GlobalData.As fast as reserves of...
29th March 2012

Rights to almost half of the 16 oil blocks available for exploration in India have been awarded to state-owned local companies, a government statement showed this week.The cabinet published a statement on...
28th March 2012

Uganda is likely to auction four blocks for oil exploration early next year, the chairman of the Uganda Chamber of Mines and Petroleum told an energy conference on Wednesday.London-listed Tullow Oil, which...
28th March 2012

New Zealand officials will be conducting an inquiry into the environmental and health implications of hydraulic fracking, it was announced on 28 March.Preliminary work indicated there is a “need to examine...
28th March 2012

A shale-rich basin northeast of Ohio has been leased by BP as part of a bid to expand its onshore gas portfolio. The Utica/Point Pleasant is a relatively new and promising shale basin which could...
28th March 2012

Gas prices have risen on the back of a string of supply disruptions including the gas leak at Total's Elgin gas platform, Reuters reported on Tuesday.The leak occurred on 25 March after a well operation at...

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