Primeline Energy and CNOOC extend exploration contract

Primeline Energy announced that it has reached an agreement with China National Offshore Oil Corporation (CNOOC)...

Exploration costs set to fall 33% by 2016

The oil & gas industry is responding to the low oil price environment with exploration budget cuts in 2015 which will average 30%, leading to suggestions that exploration activity...

China not ready for shale gas exploration

China has a slender chance of becoming a major shale gas explorer in the middle term due to...

China Rongsheng ventures into oil exploration

China Rongsheng Heavy Industries is venturing into the energy sector with an agreement to purchase 60% stake in ...

COSL’s oil exploration enters second phase

China Oilfield Services Limited (COSL) announced that HYSY981 completed the first phase of oil...

US oil and gas exploration and production spending reaches new heights says Ernst and Young

US oil and gas producers significantly increased exploration, development and acquisition spending in 2012 despite ...