Australia’s National Offshore Petroleum Titles Administrator (NOPTA) has approved the transfer of an 80% working interest in exploration permit WA-503-P, offshore Australia, to Rampart Energy Ltd.

The U.

Russian state oil producer Rosneft will be forced to postpone drilling a second well in the Kara Sea for at least two more years, three sources told Reuters, as a result of Western sanctions over the Ukraine crisis.

A panel of judges in the U.

The United States must lift an "outdated" ban on oil exports to take full economic and geopolitical advantage of its hydraulic fracturing boom, according to a study by Harvard Business School and Boston Consulting Group released on Wednesday.

Pancontinental Oil & Gas NL and Tullow have agreed to amend the farmout agreement between the companies regarding an offshore block in Namibia dated 5 September 2013.

For an industry used to cautious, long-term evolution, the speed at which leaders of Europe's biggest oil and gas companies moved to take a joint stand in the climate debate speaks volumes.

Prosafe Offshore Limited, the owner and operator of semi-submersible accommodation rigs, has received Acknowledgement of Compliance (AoC) from the Petroleum Safety Authority (PSA) Norway for Safe Boreas.

IPB Petroleum has informed that its application for a 12 month suspension and extension to the WA-471-P exploration permit work programme, offshore Australia, has been approved by the Commonwealth–Western Australia Joint Authority.

The Government of Canada estimates that the Gulf of St.