Industry Developments
Peru
Peruvian government has significantly boosted the country's gas reserve estimates after re-evaluating existing data.
2010-09-07United States
Embattled British major BP has boosted the target for its asset sale from US$30bn to US$40bn as it raises funds to meet surging clean-up costs and other liabilities resulting from its...
2010-09-06United States
Mariner's rig explosion will make it politically difficult for the federal government to lift its drilling ban early, as critics of the industry's offshore drilling practices have used...
2010-09-03Brazil
After months of negotiations, Brazil's state-run oil company Petróleo Brasileiro (Petrobras) has agreed to pay the Brazilian government US$8.51 per barrel (bbl) for the rights to 5bn...
2010-09-02United States
In its first investigation into the effects of hydraulic fracturing (fraccing), the US Environmental Protection Agency (EPA) has found that 17 of 19 water wells tested near a natural...
2010-09-02Canada
Canada's Husky Energy has announced the signing of a purchase agreement that would see it acquire natural gas properties in west-central Alberta.
2010-09-02Mexico
Mexico's state-run upstream monopoly Petróleos Mexicanos (Pemex) is considering opening a new line of exploration that concentrates on shale gas wells in the northern state of Coahuila....
2010-09-01Brazil
While media attention has focused on the majors' exploits at Brazil's giant offshore projects, experienced foreign small caps are flocking to Brazil's onshore basins.
2010-08-31
