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Petronas denies any major discovery

22 March 2010 06:37 GMT

Petronas has denied having made any major oil discovery, refuting earlier claims made by its founding chairman Razaleigh Hamzah.

Windermere survey gets cracking

Australia listed Bass Strait Oil said the Windermere 3D seismic survey has commenced over the weekend in Otway basin permit PEP 167 in the Victoria state of Australia.

PTTEP backs out from Bengara I

Thailand’s national oil company PTTEP has withdrawn its entire 40% stake from Indonesia’s Block Bengara I.

Gulfsands farms in with AuDax

UK independent Gulfsands Petroleum is to farm in to Australia-based AuDax Resources’s onshore and offshore permits in Tunisia and off Italy.

BNK lines up Polish trio

US-based explorer BNK Petroleum said it had been awarded three oil and gas concessions in Poland’s basin covering a total of roughly 880,000acres.

Texon lifts reserves

US-focused Texon Petroleum saw its share of proved and probable reserves climb 40% over six months to 3 million barrels of oil equivalent by the end of 2009.

Yellow Rose bit dives

Perth-based Antares Energy said the Frances Dilworth-3H well had spudded in McMullen County, Texas, over the weekend, the first of nine production wells targeting the Eagle Ford shale to be drilled at the Yellow Rose project this year.

Qatar to boost India LNG exports

Qatar plans to raise its supply of Liquefied Natural Gas to India to 11.5 million tonnes from 2014, against the current 7.5 million tonnes a year, Qatar Oil Minister Abdullah al-Attiyah said in New Delhi.

Shell wins eastern Gulf treble

Anglo-Dutch supermajor Shell and Canadian player Nexen have made a third oil find in the eastern Gulf of Mexico, with a probe drilled on the Appomattox prospect delivering the goods.

Campeche Sound duo 'hold 2bn barrels'

Mexico's state-owned producer Pemex said the at the Ayatzil-Tekel and Tsimin-Xux fields, discovered two years ago in the Gulf of Mexico, could yield more than 2 billion barrels of oil.

Opec output 'may flood market'

World oil demand this year will outstrip new supplies from non-Opec producers, analysts claimed today, but they warned that stocks are likely to rise if Opec continues to pump more crude than the market needs.

Hoki repairs to take longer

Australia’s AWE said today that repair work on the semi-submersible Kan Tan IV would take longer than expected, further delaying drilling of the Hoki-1 well off New Zealand.

Alam lands barge supply gig

Malaysia’s Alam Maritim said it had won a 19 million ringgit ($5.7 million) deal to supply a launch barge for an unnamed offshore construction player.

Wintershall plans $4bn spend

18 March 2010 09:20 GMT

Mexico adds to reserves cache

18 March 2010 20:22 GMT

'No need to boost supply'

17 March 2010 08:51 GMT

Pakistan seals peace pipe deal

17 March 2010 13:50 GMT
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