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 wil.........
see more >>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% throu.........
see more >>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 .........
see more >>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 Intermediat.........
see more >>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 Sant.........
see more >>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 a.........
see more >>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.........
see more >>CNOOC Ltd (NYSE:CEO) was upgraded by equities researchers at Jefferies Group from a hold rating to a buy rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports. Other e.........
see more >>Roc Oil starts drilling second Beibu well (China) Tuesday, Oct 07, 2014 Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX: ROC), advised today that drilling .........
see more >>The mainland is believed to have the worlds largest shale gas resource, but extracting the cleaner-burning fossil fuel is proving tougher than expected and highlights the hurdles policymaker.........
see more >>Klarenco has completed an integrated data review of all historical geological, seismic, exploration and production well logs in the areas, which included the interpretation of the data colle.........
see more >>State-owned Sinopec is set to sign up for an American technology that can recycle most wastewater produced from hydraulic fracturing. Sinopec will likely sign the contract with Beijing Wotee.........
see more >>GEOJE-SI, South Korea -- Maersk Drillings fourth ultra-deepwater drillship was named in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea, on Sept. 25. Lene .........
see more >>ABERDEEN, United Kingdom -- Tendeka has entered an exclusive strategic agreement with Beijing Wallgate Information Technology to deliver digital oilfield capabilities to key operators in Chi.........
see more >>STAVANGER, Norway -- Statoil has decided to postpone the previously planned Corner field development at the Kai Kos Dehseh oil sands project in Alberta, Canada. Despite the improvements made.........
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