Changes to the petroleum resource rent tax (PRRT) announced today by the Commonwealth must be assessed carefully by Australia鈥檚 oil and gas industry, said the Australian Petroleum Production & Exploration Association (APPEA).鈥淎ttracting investment鈥
U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska.Interior鈥檚 Bureau of Ocean Energy Management (BOEM) issued conditional approval鈥
Norway鈥檚 Petroleum Safety Authority (PSA) has given consent to Oil and gas company Faroe Petroleum to drill the Brasse East well off the coast of Norway, using the Transocean Arctic rig.'Faroe Petroleum is the operator for production licence 740 in the North Sea鈥
Norway's Petroleum Safety Authority (PSA) has authorized Norwegian E&P player Aker BP to use the Maersk Reacher mobile facility as a quarters facility on the Valhall field.A public statement from PSA said: 'A lot of work will be taking place on the Valhall field in the time ahead鈥
Novatek said its Arctic LNG 3 unit confirmed the discovery of a new natural gas and gas condensate field at the North-Obskiy license area located in the shallow waters of the Ob Bay.The Yamal LNG operator said in a press statement that its鈥
The UK's new regulator, the Oil and Gas Authority (OGA), has now been established as an independent government company by the UK government. The move formalizes the transfer of the Secretary of State鈥檚 regulatory powers in respect of oil and gas to the OGA鈥
Doha-based Energy & Environment Holding (EEH) and CSA Ocean Sciences Inc. (CSA), announced the formation of their new joint venture CSA Ocean Sciences (Doha) LLC. The board of directors for the joint venture is chaired by HE Sheikh Jabor bin Yusef bin Jassim al-Thani鈥
Oil exploration in the Bahamas has taken a step forward after a new Petroleum Act and regulations to guide and govern oil exploration in was placed before the Parliament of The Bahamas. The draft legislation is now likely to go through鈥
Uncertainty, high costs and low exploration rates are continuing to hamper the North Sea, according to a report published today (10 October). Business advisory firm Deloitte鈥檚 Petroleum Services Group鈥檚 report says that exploration rates remain low鈥
ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership鈥檚 鈥淪tate of Energy鈥 event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America鈥檚鈥
A federal advisory committee tasked with improving extractive industry reporting transparency, will host a public meeting from 4-7 p.m. Tuesday, Sept. 24, at the Fire Fighters Conference Center, The Greer & Lowdermilk Conference Center, 4225 Interwood North Pkwy鈥
With increased focus on the negative impact of subsea noise on the marine environment, regulators are considering action. Until then, different stakeholders are working together to develop a range of technical solutions to manage the issue鈥
In October 2012, the government of the Comoros Islands issued a statement that only one company, Mozambique Channel Discovery Ltd. (MCD), a subsidiary of Luxembourg-based Boulle Mining Group, has oil and gas exploration and production rights throughout the territorial waters of the Comoros鈥
