YPF, Statoil form shale JV in Argentina

January 22, 2018 0

Argentinean state-run oil and gas company, YPF, and its Norwegian counterpart, Statoil, have entered into definitive agreements for the exploration and potential joint development of an unconventional field in central-west Argentina.

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U.S. oil output to overtake Saudi Arabia, Russia

January 22, 2018 0

U.S. crude oil supply will surpass the 10-million-barrels-per-day (MMBPD) mark this year, overtaking Saudi Arabia and rivalling Russia, the International Energy Agency (IEA) said Friday on its monthly oil report.

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Pampa Energía sells oil assets onshore Argentina

January 18, 2018 0

Argentina’s largest electricity company, Pampa Energía, has agreed to sell a number of onshore oil assets from its exploration & production segment to Mexico’s independent explorer, Vista Oil & Gas, for $360 million, Kallanish Energy learns.

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Cuadrilla gets closer to tapping UK shale gas

January 16, 2018 0

The assessment of shale gas resources in the UK is in its infancy, the country’s Oil & Gas Authority (OGA) said in 2013 when launching a report estimating resources at the Bowland shale gas play, located across the north of England, the Isle of Man and parts of North Wales and the Midlands.

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NEB issues economics report on Duvernay Shale

January 9, 2018 0

After a successful three-year appraisal program, Chevron Canada Ltd. is beginning development of a portion of its leaseholdings in the Kaybob Duvernay area of western Canada, Kallanish Energy reports.

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Elliott seeks to oust Hess CEO or force sale

December 15, 2017 0

Hedge fund Elliott Management Corp. is readying for its second fight in four years with independent producer Hess Corp., looking to either force CEO John Hess from the company his father founded in 1933, or push him to consider selling all or part of the company.

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Dover to spin off upstream O&G unit

December 11, 2017 0

Diversified manufacturing conglomerate Dover Corp. said last week it plans to spin off its upstream oil and gas businesses into a new publicly traded company.

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