Latest news
Russian oil company enters two blocks offshore Egypt
On December 24, 2019, in Cairo, Zarubezhneft JSC, the Ministry of Oil and Mineral Resources of Egypt, the Egyptian state holding oil company GANOPE, and Pacific Oil Limited, have signed a production sharing agreement for the South East Ras El Ush and East Gebel El Zeit blocks.
read more... 27/12/2019
Indonesia signs 20-year production sharing contract for Corridor block
Indonesia’s government signed on Monday a production sharing contract with units of ConocoPhillips, PT Pertamina and Repsol SA for the Corridor natural gas blocks, Energy and Mineral Resources Minister Arifin Tasrif told reporters.
read more... 11/11/2019
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
Romania's OMV Petrom reports new gas discovery
Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.
read more... 09/10/2019
Russia and Japan agree to collaborate in hydrogen supply
Rusatom Overseas and Japan’s Agency for Natural Resources and Energy under the Ministry of Economy, Trade and Industry signed an agreement to join efforts in conducting a feasibility study in 2020-2021 to export hydrogen from Russia to Japan.
read more... 27/09/2019