South Africa’s State-Owned Oil Company To Explore Highly-Prospective Oil Block B2 In South Sudan

South Africa signed an exploration and production sharing agreement with South Sudan for Block B2.

May 6, 2019

US Deeply Concerned By Turkey's Intent To Drill Offshore Cyprus

The United States is deeply concerned by Turkey's announced intentions to begin offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, a State Department spokesperson said on May 5.

May 6, 2019

US Rejects Interference By Non-Arctic Countries In Polar Region: Official

The United States rejects attempts by countries, like China, that are not members of the eight-nation Arctic Council, to claim a role in crafting policies governing the polar region, a senior U.S. official said on Thursday before a meeting of the group in Finland next week.

May 2, 2019

Israel's Delek Confirms It Made Offer For Chevron's North Sea Oilfields

Israel's Delek Group confirmed on April 28 it submitted a proposal through its Ithaca unit to buy Chevron's oil and gas fields in the British North Sea.

April 28, 2019

BP, Partners Sanction $6 Billion Azeri Central East Development Offshore Azerbaijan

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

April 19, 2019

Chevron Contracts Aker Solutions For Subsea Compression At Jansz-Io Gas Field

Chevron has contracted Aker Solutions to support delivery of a subsea compression system for the Jansz-Io gas field, 200 km (124 mi) offshore the northwest coast of Western Australia.

April 4, 2019

US Judge Rules Against Trump Order Opening Parts Of Arctic, Atlantic To Drilling

Environmental groups filed to block the executive order. Appeal considered likely.

March 31, 2019

US Buyers Of Venezuelan Oil Sub In Shell, BP Offshore Crude

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region.

March 25, 2019

Sparks Fly At AOG Conference In Australia

Climate change protesters ambush opening keynote targeting Woodside Petroleum and Chevron.

March 13, 2019

Trump Administration Offshore Drilling Plan Due 'In Coming Weeks': Official

The Trump administration’s revised five-year program to expand offshore drilling in most federal waters will be released “in the coming weeks,” an Interior Department official said on March 6, after months of opposition from coastal state lawmakers opposed to exposing their shorelines to oil and gas exploration.

March 7, 2019