Max Petroleum Plc announces discovery at Eskene North

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that the ESKN-1 exploration well in the Eskene North prospect has reached a depth of 1,507 metres with electric logs indicating 20 metres of net pay over an 90 metre gross interval in the Triassic Formation […]

Pars Oil & Gas Company announces Iran outnumbers Qatar in joint South Pars gas field’s drilling rigs

Iran has outnumbered Qatar in joint South Pars gas field’s drilling rigs, the managing director of Pars Oil and Gas Company said on Monday.

Pars Oil & Gas Company announces Iran exports $1.3bn goods from South Pars

Despite international sanctions, Iran has exported 1.578 million tons of goods worth USD1.3 billion from Pars Special Economic Energy Zone (PSEEZ) during the month ending December 20, 2012.

Pars Oil & Gas Company announces president inaugurates two projects in Asalouyeh

Two petrochemical projects were officially inaugurated today morning in Assaluyeh in the presence of Iranian president Mahmoud Ahmadinejad, Iranian minister of petroleum, Rostam Qasemi and a number of lawmakers.

Two new projects of CNOOC Limited started production successfully

HONG KONG, Dec. 28, 2012 /PRNewswire/ – CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883) today announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production.

Aker Solutions wins Gullfaks South contract

Aker Solutions has been awarded a topside modification contract by Statoil to increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million.

Caza Oil & Gas announces initial production Forehand Ranch Bone Spring test well

Caza Oil & Gas, Inc. (”Caza” or the “Company”) (TSX:CAZ)(AIM:CAZA) is pleased to provide a production update for the Company’s Forehand Ranch 27 State Com No. 1H horizontal Bone Spring well on its Forehand Ranch Prospect in Eddy County, New Mexico.

Bridge Energy ASA announces Victoria field recommences production

Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company (OSE: BRIDGE/ AIM: BRDG.L) confirms that, further to the announcement dated 20th December 2012 regarding the Victoria field shut-in, the gas export infrastructure system used by the Victoria field is now available and fully operational.

Adira Energy granted extension of drill contract on its Yitzhak license, offshore Israel

TORONTO, Dec. 27, 2012 /CNW/ - ADIRA ENERGY LTD. (TSXV: ADL) (OTCBB: ADENF) (FRANKFURT: AORLB8).  Adira Energy Ltd. (”Adira” or the “Company”) is pleased to announce that the Ministry of Energy and Water of the State of Israel (the “Ministry”) has granted an extension of the date for the execution of […]

BPZ Energy closes block Z-1 transaction

BPZ Energy (NYSE:BPZ) (BVL:BPZ), an independent oil and gas exploration and production company, announced that on December 26, 2012, it closed its contractual arrangements for the sale of a 49% participating interest (”closing”) in offshore Block Z-1 to Pacific Rubiales Energy Corp. (TSX:PRE) (BVC:PREC) (BOVESPA:PREB).