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Equinor makes Norway oil, gas find of up to 100 million barrels

Norwegian energy major Equinor and its partners have found oil and gas at the Echino South prospect near the Fram field in the North Sea, the company said on Wednesday.

read more... 06/11/2019


Discovery Of 1 Billion Tons Of Reserves In Gangsu Oil Field Boosts Industry Confidence

China's scaling up of its oil and gas detecting and exploiting technologies has paid off as it has now added a significant amount to its geological reserves. PetroChina Changqing Oilfield Company, the regional branch of China's PetroChina, has discovered an additional 1 billion tons of oil from shale oil resources at its oil field in Qingcheng, Northwest China's Gansu province.

read more... 29/10/2019


PGNiG makes oil and gas discovery at Skarv field in Norwegian Sea

PGNiG Upstream holds 40% share in the PL838 license, which is located in the Norwegian Sea and is directly adjacent to the Skarv and Ærfugl licenses

read more... 16/10/2019


Iran: Gas field discovered with $40 billion worth of reserves

A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.

read more... 15/10/2019


Chongqing gas mine plans to build 10 billion square gas field

Chongqing Daily reporter learned that the gas mine is speeding up the shale gas business and tapping the potential of the old area, and plans to stop the decline and pick up natural gas production by 2020, with natural gas production exceeding 5 billion square meters by 2025 and 8 billion square meters by 2035 and striving to reach 10 billion square meters.

read more... 11/10/2019