United States

A new study by the North Dakotan Department of Mineral Resources has said current technology could lead to the recovery of 2.1bn barrels (bbl) in North Dakota's portion of the Bakken... 2008-04-29

A strike by workers over a labour dispute at ExxonMobil in Nigeria has forced the company to shut in about 200,000 barrels of oil per day (b/d), according to a senior union official.... 2008-04-28

Following record bids in the US Minerals Management Service's (MMS) licensing round in February 2008 for acreage in the Chukchi Sea, companies are now moving ahead with their exploration... 2008-04-24

Alaska has rejected US major ExxonMobil's latest plan to develop the Point Thomson gas field on the North Slope and has terminated the Point Thomson unit leases. The move could... 2008-04-23

South Korea and the US have signed a statement of intent (SoI) calling for co-operation in the development and commercialisation of gas hydrates deposits. The agreement, signed by... 2008-04-21

Brazil's Petrobras has announced that it will require more data before confirming the potentially giant Sugar Loaf (or Carioca) discovery.

The Bakken Formation, located in North Dakota and eastern Montana, is attracting considerable attention following a US Geological Survey (USGS) report, which said the area contains... 2008-04-14

UK-based oil major BP, already a leading operator in the Alaskan oil sector, has joined a scheme led by US firm ConocoPhillips to build and operate a major gas pipeline transporting... 2008-04-09

The Chukchi Sea in Alaska could one day compare with the US Gulf of Mexico (GoM) as a source of energy for the US, according to a statement by Rick Fox, the assets manager of Royal... 2008-04-07

The latest in a long line of unwelcome measures to penalise international oil companies (IOCs) has cleared its first hurdle in Venezuela, with lawmakers approving the first reading... 2008-04-04