Latest news
Tullow makes first oil discovery on Orinduik license offshore Guyana
Tullow Oil has made an oil discovery at its Jethro-1 exploration well, drilled on the Orinduik license offshore Guyana.
read more... 12/08/2019
Equinor makes small oil discovery at Utsira High in North Sea
The small oil discovery has been made in the Lille Prinsen Outer Wedge well, located about 1km west of Lille Prinsen Main, where oil was discovered in 2018.
read more... 30/07/2019
Daily (17.07.2019): NBP spot plunged by over 16% on Tuesday, due to ample oversupply
Crude oil prices dipped on Tuesday, after data showed that U.S. crude inventories dropped less than expected last week, as they were only slightly affected by disruptions in the wake of Hurricane Barry in the Gulf of Mexico. Prices were also influenced by the conflicting signals from Tehran and Washington about an alleged reduction of tensions over Iran’s ballistic missile program, as well as by China’s weakest economic growth in 27 years. As a result, Brent crude tumbled by 3.2% to $64.35 a barrel, while WTI futures slumped by 3.3% to $57.62 a barrel.
read more... 17/07/2019
Aker BP makes oil discovery in NOAKA Area
Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area.
read more... 15/07/2019
Polish PGNiG starts drilling new production well in Pakistan
PGNiG Operating Branch in Pakistan is carrying out work in the Rizq licence area, north of Rizq-1 well, which was brought on stream in November 2016. A year later, another well, Rizq-2, was drilled.
read more... 10/07/2019