Brazilian oil and gas firm OGX Petroleo e Gas Participacoes has discovered hydrocarbons in the Albian and Aptian sections of the 1-OGX-31-RJS well in the Campos basin, offshore Brazil.
Reuters - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region.
Reuters - Britain's biggest oilfield Buzzard will undergo 25 days of planned maintenance starting in late July, its operator Nexen confirmed on Friday.
By Henning Gloystein, Reuters
Ukrainian plans for expanding Black Sea natural gas output have been thrown into doubt by Russia's seizure of Crimea, a region
By Kim Palmer, Reuters
The Great Lakes saw some of their worst ice cover in nearly four decades because of a frigid winter with months of below-freezing temperatures
Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and