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      AWE, Origin Make Big Gas Find in Western Australia

      Asia Pacific
        AWE and Origin's Waitsia gas discovery is about 215 miles north of Perth, Western Australia. Pictured, the Pearce Air Base in Bullsbrook,...

      Rosneft discovers oil at offshore Arctic well

      Europe
      Rosneft has completed drilling at the Universitetskaya-1 well in the Arctic and discovered oil at the East-Prinovozemelskiy-1 licence area in the Kara Sea.  ...

      US judge rejects BP’s request to reclaim excessive Deepwater Horizon payouts

      America
      A US District Court judge has rejected BP's attempts to reclaim excessive compensation payments for the 2010 Deepwater Horizon disaster in the Gulf of...

      Azonto Petroleum seeks exploration extension for Accra Block, offshore Ghana

      Africa
      West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block, offshore Ghana.   The...

      Atlas Resource Partners enters Eagle Ford through acquisition of oil rich production

      America
      PITTSBURGH, Pennsylvania -- Atlas Resource Partners (ARP) is to acquire oil assets in the Eagle Ford shale in south Texas for $225 million. The...

      Statoil declares Arctic gas find non-commercial

      Europe
      STAVANGER, Norway -- Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery...

      U.S. crude output surges to highest since ‘ 86 on shale boom

      America
      WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 28 years last week as the shale boom moved...

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