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Results show the oil and gas industry still has interest in the Gulf of Mexico as market conditions improve.
The Canada-based company is gearing up to be the first foreign player to kickstart shale exploration in Mexico.
The French oil major looks to strengthen its portfolio with the Iara and Lapa fields.
Beach Energy, Santos, Strike and Senex have been named recipients of AU$24 million in grants from the South Australian government.
In the GoM, the company is focused on its North Platte asset but was forced to take a $1.6 billion impairment after its Angola divestment efforts were thwarted.
In an astonishing paradox, Australia is hurtling towards chronic domestic gas shortages and power outages just as it becomes the world’s biggest LNG exporter.
Mexico makes history with its first deepwater contracts with private operators, including BHP Billton, Chevron and Inpex. What does it mean for exploration on the Mexican side of the Gulf of Mexico?
The country is looking for long-term partners as part of a farm-in application process, with U.S. companies working to attract investors.
The company forecasts economic growth in developing countries to lead the way for energy consumption while oil and natural gas become the dominant resource by 2040.
Aiming to boost the onshore industry, Brazil’s government wants to triple its output.
A string of oil discoveries, such as Johan Castberg, Wisting and Alta/Gohta, in recent years has added to the attractiveness of the Barents Sea.
Goldman Sachs forecast $55 to $60 oil for 2017, while Bernstein determined that the D-J Basin works in that range.