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Carrizo Oil & Gas to Sell its Marcellus Shale Assets
US >>  10/6/2017 - Carrizo Oil & Gas, Inc. entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and condi...

South Africa Karoo Shale Gas Deposits Seen Less Than Earlier Estimates
ZA >>  9/28/2017 - South Africa’s Karoo basin probably has a 30th of the shale gas deposits that some estimates had suggested, deflating expectations of an energy bonanza, a study published on Thursday said. The finding...

Saudi Aramco to Finish First Shale Gas Project Soon
SA >>  9/27/2017 - State oil giant Saudi Aramco is expected to finish building facilities soon in the north of the kingdom that will allow it to produce shale gas for the first time, industry sources said. ...

Shale Support & Tidewater Logistics Partner to Increase Access to Shale Basins
US >>  9/26/2017 - Shale Support Holdings, LLC, a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, announced its partnership with Tidewater Logistics. The agreement increases S...

Carrizo Oil & Gas Sells Utica Shale Assets for US$62 Million
US >>  9/5/2017 - Carrizo Oil & Gas, Inc. provided an update on its operations following Hurricane Harvey as well as announced an agreement to sell its assets in the Utica Shale. ...

Quantum Energy Partners Acquires Acres in Eagle Ford Shale
US >>  8/24/2017 - Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Su...

Statoil Evacuates Eagle Ford Shale Staff Ahead of Hurricane Harvey
US >>  8/24/2017 - Statoil ASA is evacuating staff from the Eagle Ford shale region as Hurricane Harvey moves closer to the Texas coast. The Norway-based oil producer is securing its two drilling rigs in the shale regio...

BHP to Quit US Shale Business as Annual Profit Surges
US >>  8/22/2017 - BHP Billiton, the world's largest miner, reported a surge in underlying full-year profits and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders ...

Sanchez Energy to Sell Javelina Asset for $105 Million
US >>  8/17/2017 - Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...

China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
CN >>  8/15/2017 - China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...

BP Makes Mancos Shale Gas Discovery in New Mexico
US >>  8/7/2017 - BP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...

Reliance Industries Relinquishes Myanmar Blocks
MM >>  10/16/2017 - Reliance Industries (RIL) has sold all its conventional oil and gas exploration blocks outside India. During the July-September quarter, the company pulled out of Myanmar blocks M17 and M18 the compan...

Frank Ketelaars to Lead for DNV GL - Oil & Gas in Americas
US >>  10/6/2017 - Frank Ketelaars took up the position of Director of Region Americas in DNV GL – Oil & Gas on 1 October, as North America’s energy system undergoes a transition. ...

Questerre Energy Announces Successful Private Placement
CA >>  9/29/2017 - Questerre Energy Corporation (Questerre) is pleased to announce that its private placement of up to 34.9 million Common Shares (the "Private Placement") has been over-subscribed at a price of 5.70 NOK...

Saudi Aramco Plans to Spend $334 billion by 2025
SA >>  9/26/2017 - Saudi Arabia’s state-owned oil giant Aramco plans to invest a total of about $334 billion by 2025, including spending on infrastructure and projects to maintain oil capacity, a senior Aramco official ...

New Assessment Targets Marketable Oil & Gas Resources in Duvernay Region
CA >>  9/26/2017 - The National Energy Board (NEB), together with the Alberta Geological Survey (AGS), released a new resource assessment for the Duvernay Shale in central Alberta that adds significant quantities of mar...

Quebec Government Publishes Draft Hydrocarbon Regulations
CA >>  9/20/2017 - Questerre Energy Corporation (Questerre) reported that the Ministry of Energy and Natural Resources in Quebec has published the proposed regulations to govern oil and gas activities in the province. ...

France Plans to End Oil and Gas Production by 2040
FR >>  9/6/2017 - France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first country to do so, according to a...

UK’s Geology Unlikely to Support Fracking
UK >>  8/17/2017 - Expert analysis from Heriot-Watt suggests that the UK’s geology is unlikely to be suitable for hydraulic fracturing. ...

World Oil Demand - July 2017
AT >>  7/12/2017 - World oil demand for 2017 was unchanged from the previous month’s report. Total world oil demand growth is expected at 1.27 mb/d, with total consumption at around 96.4 mb/d. In 2018, world oil demand...

Drilling Rig Owned by Cuadrilla Firm 'Seriously Vandalised'
UK >>  7/10/2017 - A drilling rig owned by one of the UK’s most prominent fracking firms has been seriously vandalised, in a move seemingly intended to slow down the country’s embryonic shale industry. ...


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