Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country by the end of 2018, Foreign Minister of Mozambique Jose Pacheco said following the talks with Russian top diplomat Sergey Lavrov on Monday.
read more... 29/05/2018
BP and Petrobras have inked a Memorandum of Understanding (MoU) to explore a huge diversity of joint projects, both in Brazil and around the rest of the world.
read more... 17/04/2018
Norway delivered a record seventy-five new offshore oil exploration leases to energy firms in the recent bidding round.
read more... 17/01/2018
Despite the strongest beginning for oil prices in the last four years, the major oil companies in the world are not very eager to hasten the search for new resources as their willpower to retain capital discipline surpasses the hope of making successful discoveries.
read more... 05/01/2018
Shell launches oil exploration tests in Brazil
read more... 28/11/2017