BG's Queensland Curtis LNG Plant Fully Operational

The project is expected to produce enough LNG to load about 10 vessels a month by mid-2016, equivalent to exporting around eight million tonnes of LNG a year, Reuters reported.

Saudi Aramco Seeks Discounted Drilling Services

Earlier this year, Saudi Aramco made a similar request to cut drilling services costs after oil prices tumbled, and also secured lower daily rates for rigs, Reuters said.

Bankers Petroleum Receives Hungarian Exploration Block

Bankers’ anchor asset is Albania’s Patos-Marinza oil field and neighboring concessions Block "F" and Kucova. Püspökladány Block totals contains the abandoned Biharnagybajom oil field.

Israel's Leviathan Developers Sign Preliminary Egypt Gas Deal

Development of Leviathan, which holds an estimated 622 billion cubic meters of gas, is being led by Texas-based Noble Energy and Delek Group.

OPEC To Stay Course Despite Fears Of $20 Oil

"Unless non-OPEC say they are willing to help, I think there will be no change," said a delegate from a major OPEC producer. "OPEC will not cut alone."

Ecopetrol Names Felipe Bayon Pardo As Executive VP

Bayon has more than 24 years of experience in the oil and gas industry. For the past 20 years, he has worked with BP.

Brazil's Queiroz Galvao Discusses Carcara Area Subsalt Test

A more complete report of the test results will be published by year-end 2015. Tests results have shown promise for best subsalt discoveries so far, CEO said, Reuters reported. 

Scottish Court Fines Shell For 2011 North Sea Oil Spill

Reuters said Shell was fined 22,500 British pounds. A subsea pipeline leak from Gannet Alpha Field spilled more than 200 tonnes of oil into central North Sea in August 2011.

PGNiG Plans To Launch Gas Production In Pakistan

Earlier this year the state-run group discovered a tight gas deposit in Pakistan with total reserves estimated at 4.5 billion cubic meters.

Norway’s Oil Investments Could Fall Further Next Year

Norges Bank currently estimates a drop in petroleum investment of 12.5 percent this year compared to last year and a further drop of 10 percent next year.

COO Todd Zehnder Resigns From PetroQuest

The resignation is on the "best of terms" as Zehnder plans to continue his career outside of the oil and gas industry, according to the release.

Rockhopper Makes Takeover Offer For Falkland Oil And Gas

The takeover, which will involve FOGL's chief executive and chairman joining the Rockhopper board as non-executive directors, will merge the companies' exploration campaigns in the Falkland Islands.