SAN RAMON, California -- Chevron Corporation has made a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox S...
The construction of the 4th branch (D) of the Turkmenistan-China gas pipeline is planned to be completed in 2016, Turkmen President Gurbanguly Berdimuhamedov said Oct. 21. President Berdimuhamedov made the remarks while delivering a speech...
The construction of the 4th branch (D) of the Turkmenistan-China gas pipeline is planned to be completed in 2016, Turkmen President Gurbanguly Berdimuhamedov said Oct. 21. President Berdimuhamedov made the remarks while delivering a speech...
Chinas first commercial shale gas development in the Fuling area of Chongqing will not be a one-off, according to industry experts. They expressed confidence that other shale sweet spots will soon be unearthed in southwest China. The projec...
HOUSTON -- Oil and gas operators can reduce the costs of constructing, drilling and completing unconventional wells, as well as the overall time it takes to complete them, by up to 40% through better planning and management of logistics, co...
Chinas shale gas production in 2014 will surpass 1.5 billion cubic meters, 7.5 times that of 2013, an energy expert predicted on Tuesday. Jiang Xinmin, a researcher with the Energy Research Institute under the National Development and Refor...
HOUSTON (Bloomberg) -- Baker Hughes Inc. said oil prices below $75/bbl for a few months may cause energy companies to pull back spending on exploration and production. West Texas Intermediate, a U.S. benchmark for oil, fell below $80/bbl fo...
READING, United Kingdom -- BG Group has announced the early start of production from the Iracema area in block BM-S-11, one of the Groups and its partners significant discoveries in the Santos basin, offshore Brazil. Petrobras is the operat...
CNOOC Engineering has announced that the company has signed a $367m EPCI contract with PTTEP International for Myanmar Zawtika Phase 1B project. The contract including the design, building and offshore installation of four wellhead platform...
Global oil futures lost more than a dollar on Monday after Saudi Arabia and Kuwait signalled ample supplies and their willingness to bear lower prices to defend market share, although better than expected trade data from China pared oils lo...
As the top petroleum exhibition in China, cippe has been working closely with WPC...