United States

US-based Pioneer Natural Resources has started producing oil at the Oooguruk field in Alaska, making it the first independent to operate a producing field on the North Slope.

London-based major BP has won three of five exploration licences offered by the Canadian government in the Beaufort Sea, paying a total of CAD1.2bn for the frontier play acreage.... 2008-06-10

New York City-based integrated oil company Hess has announced the results of an appraisal well drilled at its Pony discovery on Green Canyon Block 468 in the central Gulf of Mexico... 2008-06-06

The Bolivian state has taken over US-based Ashmore Energy's remaining stake in the Transredes pipeline company after failing to reach a share buyback agreement with Ashmore.

Iran's government has announced that it is currently holding talks with Spain's RepsolYPF and Anglo-Dutch major Royal Dutch Shell over whether to switch their South Pars development... 2008-05-30

Valero Energy, the largest refiner in the US, has announced plans to expand two of its refineries on the Gulf Coast to process higher volumes of heavy crude from Canada.

British major BP has announced its support for the reversal and reactivation of NIC Holding Group's crude oil pipeline in Panama.

An oil and gas discovery has been made on an ultra deepwater block in the Gulf of Mexico (GoM) by a consortium comprising operator Royal Dutch Shell (35%), Brazil's state-controlled... 2008-05-28

Oklahoma-based explorer Continental Resources has announced that its exploration well Three Forks/Sanish, the company's first in the North Dakota Bakken Formation, flowed at an average... 2008-05-21

The US government has proposed the imposition of a 10-year moratorium on drilling in the National Petroleum Reserve in Alaska.