Mass implantation of new generation drilling mud (developed in-house) has started at the fields of Belorusneft, the company’s press office said on March 17.
Ukrainian environment minister Andry Mokhnyk and Chevron representatives on March 13 discussed exploration at the Olesskaya shale gas field in the regions of Lvov and Ivano-Frankovsk, the ministry has said on its website.
The Crimean parliament has said the assets of the Ukrainian companies Ukrtransgaz, Chernomorneftegaz and the Feodosia petroleum products terminal would belong to Crimea.
The UN commission for continental shelf has ruled that a 52,000-sq.km field in the central part of the Sea of Okhotsk shall belong to Russia, RBC has reported.
U.S. Navy SEALs boarded a tanker carrying oil from a port controlled by rebels in eastern Libya, thwarting the group’s first attempt to sell crude independently of the central government, Bloomberg reported on March 17.
Encana Corp. may sell its huge Jonah natural-gas field in Wyoming to a pair of U.S.
An oil pipeline was bombed in Colombia's Norte de Santander province, the mayor of Cubara said, the 17th time this year it has been attacked, UPI reported on March 17.
Brazil's state-run oil company Petrobras is likely to import an average of 150,000 to 160,000 barrels per day (bpd) of diesel fuel in 2014, as much as 14 percent less than the 174,000 bpd average in 2013, an industry source with direct knowledge of the situation told Reu
State-owned oil and gas giant PT Pertamina has allocated a budget of US$3.75 billion to increase production of geothermal and oil and gas this year, Jakarta Post reported on March 17.
Iran forecasts an increase in its crude oil and natural gas production in Iranian calendar year 1393, which begins on March 21, Tehran Times reported on March 17.