Senex Energy will continue to drill ahead at its Shocking-1 well, in South Australia, after a mechanical failure prevented a valid result from a drill stem test of the well’s first primary target.
Senex Energy will continue to drill ahead at its Shocking-1 well, in South Australia, after a mechanical failure prevented a valid result from a drill stem test of the well’s first primary target.
Nexus signed a heads of agreement with Shell and Osaka Gas in January to exclusively pursue a Shell-led integrated gas and liquids development to commercialise Crux.
The partners of the Australia Pacific liquefied natural gas (APLNG) project in Queensland have approved a final investment decision on a second train for the A$23 billion (US$23.7 billion) project.
As international sanctions against Iranian crude oil went into effect, Tehran announced it was considering new legislation that would cut off oil transit lanes through the Strait of Hormuz. Threats to do so in February sent markets into tail spin, with analysts suggesting that a repeat of the Libyan-sparked surge in 2011 was on the…
Brazil’s congress will take up a vote on distribution of oil royalties from the country’s pre-salt offshore reserves only after the country’s midterm regional elections in October, government-allied lawmakers said Tuesday.
India is caught between the consequences of provoking a United States driven by its fixation upon the Iranian nuclear program and by an Iran that is a major supplier of oil, providing India with access to its vital interests in Afghanistan. The best that the Indians can do is to play for time until the…