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Sanchez Energy to Sell Javelina Asset for $105 Million
US >>  8/17/2017 - Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...

China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
CN >>  8/15/2017 - China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...

BP Makes Mancos Shale Gas Discovery in New Mexico
US >>  8/7/2017 - BP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...

Sanchez Energy to Sell Non-Core Marquis Asset in Eagle Ford Shale
US >>  6/16/2017 - Sanchez Energy Corporation (Sanchez Energy) has sold its non-core Marquis asset in the Eagle Ford Shale to Lonestar Resources US, Inc. (Lonestar) for approximately $50 million of cash, subject to the ...

S.Korea's SK Innovation Sees Oil Prices Staying Low, Eyes US Crude
KR >>  5/30/2017 - South Korea's SK Innovation , which owns South Korea's top refiner SK Energy, said on Tuesday it expects U.S. shale output to keep oil prices low, and is looking for opportunities to bring in U.S. cru...

Freedom initiates the drilling of its first horizontal Eagle Ford Shale
US >>  5/23/2017 - Freedom Oil and Gas Ltd (FDMQF) announced that it has commenced the drilling of the first well on its Dimmit County, Texas acreage targeting the Eagle Ford Shale. The well, Wilson BE #1, is the first ...

Indonesia Offers 15 Oil Blocks Amid Thin Industry Interest
ID >>  5/21/2017 - Indonesia is offering 15 conventional and unconventional oil and gas blocks to potential bidders, government officials said on Friday, hoping more flexible terms will help reverse flagging interest in...

South Africa to Award 1st Shale Gas Exploration Licences by End-Sept
ZA >>  5/16/2017 - South Africa's government may award its first shale gas exploration licences by the end of September, after environmental objections delayed the process, a senior government official said. The five li...

UK’s Geology Unlikely to Support Fracking
UK >>  8/17/2017 - Expert analysis from Heriot-Watt suggests that the UK’s geology is unlikely to be suitable for hydraulic fracturing. ...

World Oil Demand - July 2017
AT >>  7/12/2017 - World oil demand for 2017 was unchanged from the previous month’s report. Total world oil demand growth is expected at 1.27 mb/d, with total consumption at around 96.4 mb/d. In 2018, world oil demand...

Drilling Rig Owned by Cuadrilla Firm 'Seriously Vandalised'
UK >>  7/10/2017 - A drilling rig owned by one of the UK’s most prominent fracking firms has been seriously vandalised, in a move seemingly intended to slow down the country’s embryonic shale industry. ...

EQT Corporation to Acquire Rice Energy for $6.7 Billion
US >>  6/19/2017 - EQT Corporation and Rice Energy Inc. have entered into a definitive merger agreement under which EQT will acquire all of the outstanding shares of Rice common stock for total consideration of approxim...

Oil & Gas Africa 2017
ZA >>  6/13/2017 - Onshore gas production Africa: ‘We’ve walked the road many still fear to tread’ Renergen COO ...


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