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26 Jan 15 Mexico: Oil majors show early interest in Mexico bidding round
Major international oil firms including Exxon Mobil and Royal Dutch Shell are showing interest in the initial phase of a bidding round for exploratory oil and gas blocks in the shallow waters of the Gulf of Mexico that will be assigned by the government midyear, a top energy official said.
26 Jan 15 US: Obama to propose protecting U.S. Arctic wildlife refuge from drilling
U.S. President Barack Obama will call on Congress to expand protection of Alaska's Arctic refuge where oil and gas drilling is prohibited to 12 million acres (5 million hectares), an area that includes 1.4 million oil-rich acres along the coast.
25 Jan 15 Paraguay: President Energy serves default notices on Petro-Victory Energy regarding Pirity Concession, onshore Paraguay
Petro-Victory Energy reports that it has received two notices of default from President Energy, the Operator of the Pirity Concession, both of which the Company disputes. President Energy has indicated that they have the right to sell or take over the Company's working interest in the Pirity Concession.
25 Jan 15 Russia: Yamal LNG signs deal with Gazprom to sell LNG in Asia
A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be sold in Asia, Yamal LNG said on Friday.
25 Jan 15 Serinus Energy provides Q4 2014 operations update
Serinus Energy has provided an update for its operations in Ukraine, Tunisia and Romania in the fourth quarter of 2014. Average corporate production for the fourth quarter was approx. 5,409 boe/d (SEN WI), representing a 4% decrease from 5,640 boe/d in the third quarter. Serinus currently anticipates $17 million of total capital expenditures for 2015 (SEN WI).
25 Jan 15 Canada: Southern Pacific Resource seeks bankruptcy protection in Canada
Canadian oil exploration company Southern Pacific Resource Corp has sought protection from creditors with an insolvency filing under Canada’s bankruptcy law.
25 Jan 15 South Africa to grant Karoo shale gas licences in 2015
The South African government plans to grant oil companies licences to begin exploring the Karoo for gas from as early as July this year.
25 Jan 15 Norway: Wintershall successful in the APA 2014 licensing round
Wintershall has been awarded eight licences, including three operatorships, under the 2014 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf.
25 Jan 15 Norway: Statoil receives consent to drill exploration well 6706/12-2 in PL 218
Statoil, operator for production licence PL 218, Block 6706/12 in the Norwegian Sea has applied for for consent to drill exploration well 6706/12-2 using Transocean Spitsbergen in a prospect named Snedfrid Nord.
23 Jan 15 Australia: Spectrum selects GardlineCGG’s MV Duke for Rocket 2D Phase 1 survey
Gardline CGG, a Joint Venture between Gardline Geosurvey and CGG, has been awarded the Rocket 2D Phase 1 multi-client marine broadband seismic survey by Spectrum under a master service agreement signed in October 2014 between the two companies.
23 Jan 15 Santos announces Q4 2014 activities report
Santos has announced company records for sales revenue in both the quarter ($1.1 billion) and the full year ($4 billion), reflecting the successful ramp-up of production from the PNG LNG project as well as higher Cooper Basin production.
23 Jan 15 EnQuest announces trading and operations update
EnQuest has issued a statement to summarise recent business activities and to provide trading guidance in respect of the financial year ended 31 December 2014.
23 Jan 15 Gulfsands Petroleum provides update on MENA region strategic relationship with Arawak Energy
Gulfsands Petroleum has provided an update with respect to its relationship with Arawak Energy International concerning the Strategic Cooperation Agreement for the acquisition and development of new business opportunities in the Middle East and North Africa ('MENA') region.
23 Jan 15 Kazakhstan: Tethys Petroleum extends Kyzyloi Gas Production Contract by 15 years
Tethys Petroleum has announced that its wholly-owned Kazakh subsidiary, TethysAralGaz ('TAG'), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Kyzyloi Gas Production Contract for another 15 years.
23 Jan 15 Gunvor: no rebound to $100 oil, contango to deepen
Oil trader Gunvor's head of analysis said on Thursday crude was unlikely to return to $100 a barrel in the foreseeable future, but prices were expected to be volatile as traders sought to move oil into storage during the current glut.



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