Latest News for: Oil and Gas Exploration

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Gov’t eyes P492-B investments from gas deals

Manila Bulletin 17 Oct 2021
The energy department received 15 applications for oil and gas exploration at petroleum blocks in various parts of the country – including those that had been applied for in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
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Drilling report: Oct. 3-9, 2021

Longview News-Journal 17 Oct 2021
oil or gas 9000 within Grand Prairie ... oil or gas 9000 within Grand Prairie ... oil or gas 9000 within Grand Prairie ... oil or gas 9000 within Grand Prairie ... oil or gas 6170 10.5 miles northeast of Carthage ... oil or gas 9740 2 miles north of Clayton ... oil or gas 8500 0.75 mile northeast of Carthage.
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Banks promised to cut funding for Arctic oil drilling. Money flowed anyway

Live Mint 17 Oct 2021
Some investors and environmentalists say they contain loopholes, and money has continued to flow from big banks to companies active in areas of Norway, Russia, Canada and Alaska rich in oil and gas ... Over the past decade, melting Arctic ice has opened previously unreachable areas to oil-and-gas exploration.
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Harsh reality of net-zero commitments under scrutiny

Arab News 17 Oct 2021
The FT said negotiators for the Glasgow Financial Alliance for Net Zero, an initiative led by UN special envoy for climate action and finance Mark Carney to encourage finance groups to stop funding fossil fuel companies, have struggled to convince banks to agree to end financing of all new oil, gas and coal exploration projects this year.
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GUEST VIEW: Serving the region: How higher ed is providing workforce solutions in the energy ...

Odessa American 17 Oct 2021
The oil and gas industry relies on a variety of skills and expertise, most notably engineers ... With bachelor’s and master’s degree opportunities, interested students can choose a track in environmental chemistry, environmental geology, data science, and software development – all critical components to modern oil and gas exploration.
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From peaceful, nuclear-free Asean to battle-ready Indo-Pacific?

The Manila Times 17 Oct 2021
In February 2010, the Philippine government granted Forum Energy, the partner of Philex Mining, the right to explore oil and gas in Reed Bank ... The Reed Bank has been estimated to hold up to 5.4 billion barrels of oil and 55.1 trillion cubic feet of natural gas.
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“BUT, PRIME MINISTER...”

Dawn 17 Oct 2021
a new priority given to women’s rights and empowerment as reflected in the creation of the First Women Bank Ltd., women’s police stations, and appointments of women to steer policy processes in and outside parliament; upgradation of telecommunications; initiation of new highways; ...
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US rig count gains 10 as oil prices soar

Odessa American 16 Oct 2021
The count shows that 445 rigs sought oil, up 12 from the previous week, and 98 explored for natural gas, down one from the previous week.
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A bit of good and the not-so-good

Dawn 16 Oct 2021
Sectors contributing to the benchmark index included oil and gas exploration (137.69 points), fertiliser (78.80 points), cement (56.56 points), commercial banks (45.53 points) and food and personal care products (24.84 points).
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Nephin Energy records €59m loss despite €14m profit from gas sales

The Irish Times 16 Oct 2021
The Corrib field’s reserves will fall as it continues to supply gas, but several companies hold exploration ... However, the offshore oil and gas industry argues that both this legislation and conflicting energy policy statements have left companies unwilling to risk investing here.
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CSI Compressco LP Announces Quarterly Distribution

Killeen Daily Herald 16 Oct 2021
CSI Compressco's customers comprise a broad base of natural gas and oil exploration and production, midstream, transmission, and storage companies operating throughout many of the onshore producing regions of the United States, as well as in a number of foreign countries, including Mexico, Canada and Argentina.
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NDDC’s cruise – Head office, police flats, forensic audit

Business Day Online 16 Oct 2021
What else does NDDC do? ... How would any of these improve lives in the Niger Delta? Will gas flaring, oil spillage, pollution, forceful acquisition of communities for oil exploration, the exploitations of the people by oil companies, governments, community leaders, and anyone who can, be reduced?. People are impatient for the audit to be made public.
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Oil, gas extraction in forest areas and wildlife sanctuaries not mining: NBWL

Hindustan Times 15 Oct 2021
“The central government’s interpretation also should be read and analysed in conjunction with decisions to exempt oil and gas exploration from public hearings in 2020 or compensatory measures against forest diversions in 2021 ... In another matter related to oil and gas exploration ...
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Inaugural smart offshore oilfield up and running

China Daily 15 Oct 2021
"As China's energy exploration shifts toward deep sea areas and deepwater unconventional oil and gas sectors, oil and gas resource conditions are more complex than ever, making their exploration more difficult," said Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute.
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5 Oil Stocks To Watch Now As Oil Prices Rise On Tight Supply

The Bradford Era 15 Oct 2021
By and large, most seasoned oil investors would be familiar with the company’s vast network of oil and gas operations ... In detail, the company engages in the exploration, production, and marketing of oil, gas, and liquefied natural gases ... The likes of which have and continue to position it well in the booming oil and natural gas industries now.
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