Industry Developments

Royal Dutch Shell has suffered a major setback to its plans to expand exploration offshore Alaska, following a decision by a US appeals court to revoke its permit to drill in the... 2008-11-21

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has said that it expects the offshore Parque das Conchas project in the Campos Basin to begin operations in... 2008-11-21

Mexican national oil company Petróleos Mexicanos (Pemex) has launched a tender for five shallow water drilling rigs in a bid to maintain output at its existing offshore production... 2008-11-20

The Albertan provincial government is offering improved terms for companies drilling new unconventional oil and natural gas wells in the province. Under a new royalty regime, due... 2008-11-20

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has announced that it received successful bids from four companies for five separate areas located in the Newfoundland... 2008-11-19

The US Department of the Interior (DOI) has confirmed that it will offer energy companies seeking to develop oil shale deposits in the western US, which it says could contain up to... 2008-11-18

US engineering group Foster Wheeler has been awarded a front-end engineering and design (FEED) and project management consultancy (PMC) contract by Colombia's state-owned oil company... 2008-11-17

Mexican state-controlled oil company Petróleos Mexicanos (Pemex) may award its first exploration and production (E&P) contracts to foreign companies by the end of 2009. Pemex... 2008-11-17

The Agencia Nacional de Hidrocarburos de Colombia (ANH) has awarded 22 areas out of the 43 areas on offer areas in the Colombia 2008 licensing round.

US major Chevron has announced that its Blind Faith project in the Gulf of Mexico (GoM) begun commercial operations on November 11. The Blind Faith project, which was originally... 2008-11-13